American Express (NYSE:AXP) Stock Acquired Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently bought shares of American Express (NYSE:AXP). In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in American Express stock on March 3rd. The trade occurred in the Representative’s “FISHER IRA” account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) on 4/2/2025.
• Purchased $1,001 – $15,000 in shares of Sony Group (NYSE:SONY) on 3/24/2025.
• Purchased $1,001 – $15,000 in shares of Mitsubishi UFJ Financial Group (NYSE:MUFG) on 3/21/2025.
• Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 3/21/2025.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/20/2025.

American Express Stock Performance

AXP stock opened at $251.48 on Friday. American Express has a twelve month low of $217.18 and a twelve month high of $326.28. The firm has a market cap of $176.67 billion, a price-to-earnings ratio of 17.95, a PEG ratio of 1.41 and a beta of 1.16. The business’s fifty day simple moving average is $274.04 and its two-hundred day simple moving average is $287.71. The company has a quick ratio of 1.57, a current ratio of 1.58 and a debt-to-equity ratio of 1.64.

American Express (NYSE:AXP) last announced its quarterly earnings data on Thursday, April 17th. The payment services company reported $3.64 earnings per share for the quarter, beating analysts’ consensus estimates of $3.47 by $0.17. The company had revenue of $16.97 billion during the quarter, compared to analyst estimates of $17.04 billion. American Express had a net margin of 15.36% and a return on equity of 32.65%. During the same quarter last year, the business posted $3.33 EPS. Analysts predict that American Express will post 15.33 earnings per share for the current year.

American Express Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, April 4th will be issued a dividend of $0.82 per share. The ex-dividend date is Friday, April 4th. This represents a $3.28 dividend on an annualized basis and a yield of 1.30%. This is a boost from American Express’s previous quarterly dividend of $0.70. American Express’s payout ratio is presently 23.41%.

Institutional Trading of American Express

Several institutional investors and hedge funds have recently bought and sold shares of AXP. Rakuten Securities Inc. raised its holdings in shares of American Express by 68.6% during the first quarter. Rakuten Securities Inc. now owns 1,000 shares of the payment services company’s stock worth $269,000 after purchasing an additional 407 shares during the last quarter. Insigneo Advisory Services LLC raised its stake in shares of American Express by 2.6% during the 1st quarter. Insigneo Advisory Services LLC now owns 10,429 shares of the payment services company’s stock valued at $2,806,000 after buying an additional 264 shares during the last quarter. Robertson Stephens Wealth Management LLC lifted its holdings in shares of American Express by 29.6% in the 1st quarter. Robertson Stephens Wealth Management LLC now owns 8,402 shares of the payment services company’s stock valued at $2,261,000 after buying an additional 1,921 shares during the period. Strategic Advisors LLC boosted its stake in shares of American Express by 0.8% in the first quarter. Strategic Advisors LLC now owns 5,401 shares of the payment services company’s stock worth $1,453,000 after buying an additional 45 shares during the last quarter. Finally, Chicago Capital LLC grew its holdings in American Express by 2.1% during the first quarter. Chicago Capital LLC now owns 13,643 shares of the payment services company’s stock worth $3,671,000 after acquiring an additional 275 shares during the period. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at American Express

In other American Express news, Director Michael J. Angelakis bought 3,700 shares of American Express stock in a transaction dated Friday, March 7th. The stock was acquired at an average cost of $269.89 per share, with a total value of $998,593.00. Following the purchase, the director now directly owns 3,700 shares in the company, valued at $998,593. This represents a ? increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Raymond Joabar sold 15,179 shares of the company’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $313.94, for a total transaction of $4,765,295.26. Following the transaction, the insider now owns 23,866 shares of the company’s stock, valued at $7,492,492.04. This represents a 38.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have commented on AXP shares. Wells Fargo & Company raised their price objective on American Express from $355.00 to $370.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Argus downgraded American Express from a “strong-buy” rating to a “hold” rating in a report on Friday, March 14th. Citigroup lowered their price objective on shares of American Express from $320.00 to $300.00 and set a “neutral” rating for the company in a research note on Monday, March 24th. JPMorgan Chase & Co. reduced their price target on shares of American Express from $325.00 to $244.00 and set a “neutral” rating for the company in a report on Tuesday, April 8th. Finally, BTIG Research increased their price objective on shares of American Express from $266.00 to $270.00 and gave the company a “sell” rating in a research note on Friday, January 24th. Two research analysts have rated the stock with a sell rating, fifteen have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $294.90.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.

Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

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.