American Express’ (AXP) Outperform Rating Reiterated at William Blair

William Blair reaffirmed their outperform rating on shares of American Express (NYSE:AXP) in a research note published on Monday,RTT News reports. William Blair also issued estimates for American Express’ Q1 2025 earnings at $3.47 EPS, Q2 2025 earnings at $4.07 EPS, Q3 2025 earnings at $4.03 EPS, Q4 2025 earnings at $3.62 EPS, FY2025 earnings at $15.19 EPS and FY2026 earnings at $17.23 EPS.

A number of other equities research analysts have also recently weighed in on AXP. Hsbc Global Res cut American Express from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 8th. Keefe, Bruyette & Woods boosted their price target on shares of American Express from $350.00 to $360.00 and gave the stock an “outperform” rating in a research note on Monday. StockNews.com raised shares of American Express from a “hold” rating to a “buy” rating in a research note on Saturday, January 11th. BTIG Research upped their target price on shares of American Express from $266.00 to $270.00 and gave the stock a “sell” rating in a research note on Friday, January 24th. Finally, The Goldman Sachs Group raised their price target on shares of American Express from $270.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, October 7th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $294.95.

American Express Stock Performance

Shares of American Express stock opened at $315.14 on Monday. The business’s fifty day simple moving average is $303.60 and its 200-day simple moving average is $276.27. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 1.80. The firm has a market cap of $222.00 billion, a PE ratio of 23.19, a price-to-earnings-growth ratio of 1.51 and a beta of 1.23. American Express has a 52 week low of $199.88 and a 52 week high of $326.27.

American Express (NYSE:AXP) last announced its quarterly earnings results on Friday, January 24th. The payment services company reported $3.04 earnings per share for the quarter, beating analysts’ consensus estimates of $3.00 by $0.04. American Express had a net margin of 15.32% and a return on equity of 32.46%. Equities analysts forecast that American Express will post 13.4 earnings per share for the current year.

American Express Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Friday, January 3rd will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, January 3rd. This represents a $2.80 annualized dividend and a dividend yield of 0.89%. American Express’s dividend payout ratio is presently 20.60%.

Insider Activity at American Express

In related news, CFO Caillec Christophe Le sold 6,000 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $303.48, for a total value of $1,820,880.00. Following the completion of the sale, the chief financial officer now directly owns 6,433 shares of the company’s stock, valued at $1,952,286.84. This represents a 48.26 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.12% of the company’s stock.

Institutional Investors Weigh In On American Express

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AXP. Marshall Wace LLP increased its holdings in shares of American Express by 105.4% in the 2nd quarter. Marshall Wace LLP now owns 1,000 shares of the payment services company’s stock valued at $232,000 after acquiring an additional 19,400 shares during the period. AQR Capital Management LLC increased its stake in American Express by 31.2% in the second quarter. AQR Capital Management LLC now owns 109,198 shares of the payment services company’s stock valued at $25,285,000 after purchasing an additional 25,937 shares during the period. Kathmere Capital Management LLC raised its holdings in shares of American Express by 6.3% in the second quarter. Kathmere Capital Management LLC now owns 1,129 shares of the payment services company’s stock valued at $261,000 after buying an additional 67 shares during the last quarter. Driehaus Capital Management LLC acquired a new stake in shares of American Express during the second quarter worth about $214,000. Finally, Ascent Group LLC grew its holdings in shares of American Express by 3.8% during the second quarter. Ascent Group LLC now owns 6,121 shares of the payment services company’s stock worth $1,417,000 after buying an additional 226 shares during the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

About American Express

American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.