American Express Company $AXP Shares Sold by Rational Advisors Inc.

Rational Advisors Inc. cut its holdings in American Express Company (NYSE:AXP) by 28.7% during the 4th quarter, Holdings Channel reports. The firm owned 6,204 shares of the payment services company’s stock after selling 2,500 shares during the period. Rational Advisors Inc.’s holdings in American Express were worth $2,295,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Murphy & Mullick Capital Management Corp grew its position in shares of American Express by 10.0% in the third quarter. Murphy & Mullick Capital Management Corp now owns 308 shares of the payment services company’s stock valued at $105,000 after purchasing an additional 28 shares during the last quarter. Capital Asset Advisory Services LLC grew its position in shares of American Express by 2.4% in the fourth quarter. Capital Asset Advisory Services LLC now owns 1,214 shares of the payment services company’s stock valued at $465,000 after purchasing an additional 28 shares during the last quarter. Lantz Financial LLC grew its position in shares of American Express by 3.6% in the fourth quarter. Lantz Financial LLC now owns 808 shares of the payment services company’s stock valued at $299,000 after purchasing an additional 28 shares during the last quarter. Financial Management Network Inc. grew its position in shares of American Express by 0.8% in the fourth quarter. Financial Management Network Inc. now owns 3,740 shares of the payment services company’s stock valued at $1,394,000 after purchasing an additional 29 shares during the last quarter. Finally, Central Bank & Trust Co. grew its position in shares of American Express by 1.1% in the fourth quarter. Central Bank & Trust Co. now owns 2,620 shares of the payment services company’s stock valued at $969,000 after purchasing an additional 29 shares during the last quarter. 84.33% of the stock is currently owned by institutional investors and hedge funds.

American Express Stock Down 0.8%

Shares of NYSE AXP opened at $310.94 on Wednesday. American Express Company has a 1 year low of $286.15 and a 1 year high of $387.49. The firm’s 50 day moving average price is $313.18 and its 200 day moving average price is $338.30. The firm has a market cap of $212.16 billion, a P/E ratio of 19.40, a price-to-earnings-growth ratio of 1.28 and a beta of 1.06. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57.

American Express (NYSE:AXP) last announced its earnings results on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. American Express had a net margin of 15.13% and a return on equity of 33.95%. The firm had revenue of $14.22 billion for the quarter, compared to analyst estimates of $18.60 billion. During the same quarter last year, the business earned $3.64 earnings per share. American Express’s revenue was up 11.4% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, sell-side analysts anticipate that American Express Company will post 17.59 earnings per share for the current year.

Analyst Ratings Changes

AXP has been the topic of several research reports. Weiss Ratings lowered shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 15th. Loop Capital initiated coverage on shares of American Express in a research report on Thursday, May 21st. They issued a “buy” rating and a $389.00 price target on the stock. JPMorgan Chase & Co. lowered their price target on shares of American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Truist Financial lowered their price target on shares of American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a research report on Monday, March 23rd. Finally, Royal Bank Of Canada set a $415.00 target price on shares of American Express in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $359.05.

About American Express

American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.

American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co?brand partnerships with airlines, hotels and retailers.