Cullinan Associates Inc. Sells 4,333 Shares of American Express Company $AXP

Cullinan Associates Inc. decreased its position in American Express Company (NYSE:AXP) by 9.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,280 shares of the payment services company’s stock after selling 4,333 shares during the quarter. American Express makes up approximately 1.1% of Cullinan Associates Inc.’s portfolio, making the stock its 23rd largest holding. Cullinan Associates Inc.’s holdings in American Express were worth $16,011,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Gratus Wealth Advisors LLC raised its position in shares of American Express by 0.8% in the third quarter. Gratus Wealth Advisors LLC now owns 3,712 shares of the payment services company’s stock valued at $1,233,000 after purchasing an additional 28 shares during the period. Murphy & Mullick Capital Management Corp raised 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 period. Capital Asset Advisory Services LLC raised 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 period. Lantz Financial LLC raised 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 period. Finally, Walkner Condon Financial Advisors LLC raised its position in shares of American Express by 2.1% in the third quarter. Walkner Condon Financial Advisors LLC now owns 1,378 shares of the payment services company’s stock valued at $458,000 after purchasing an additional 29 shares during the period. Institutional investors own 84.33% of the company’s stock.

Analyst Upgrades and Downgrades

AXP has been the topic of a number of recent analyst reports. Evercore set a $345.00 price target on shares of American Express in a research report on Wednesday. Truist Financial dropped 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. Barclays dropped their price target on shares of American Express from $323.00 to $322.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. 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. Finally, BTIG Research reaffirmed a “sell” rating and set a $285.00 target price on shares of American Express in a research report on Friday, April 24th. Eight analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $357.47.

American Express Trading Up 2.4%

Shares of AXP stock opened at $323.22 on Friday. American Express Company has a 1 year low of $266.52 and a 1 year high of $387.49. The firm’s fifty day simple moving average is $311.71 and its 200 day simple moving average is $344.13. The firm has a market capitalization of $220.54 billion, a P/E ratio of 20.16, a price-to-earnings-growth ratio of 1.28 and a beta of 1.13. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73.

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 business had revenue of $14.22 billion for the quarter, compared to analyst estimates of $18.60 billion. During the same quarter in the previous year, the firm posted $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 predict that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 3rd will be given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. This is an increase from American Express’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Thursday, April 2nd. American Express’s payout ratio is presently 23.71%.

More American Express News

Here are the key news stories impacting American Express this week:

• Positive Sentiment: Bank of America raised its price target to $387 and kept a Buy rating, citing healthy Q1 results as support for upside in AXP shares. BofA Securities Lifts PT on American Express (AXP) Stock
• Positive Sentiment: Goldman Sachs recently raised its price target (reported April 28), a sign of bullish analyst momentum behind the stock. American Express (AXP) May Be Stronger Than Many Expected
• Positive Sentiment: American Express rolled out enhanced benefits for its Gold Card (5X points on prepaid hotels, Hertz Five Star status, updated dining credit) as part of its 60th anniversary — a product move aimed at increasing spend and member loyalty. U.S. Consumer American Express® Gold Card Introduces New and Enhanced Benefits…
• Positive Sentiment: Company fundamentals: AXP reported an EPS beat in its latest quarter and set FY2026 EPS guidance in the mid-to-high teens, supporting investor confidence and the recent analyst upgrades. (Company earnings release and guidance drove prior analyst momentum.)
• Neutral Sentiment: Retail and value-oriented investors are discussing bullish theses on AXP (including a r/ValueInvesting summary), increasing attention but not immediately altering fundamentals. Is American Express Company (AXP) A Good Stock To Buy Now?
• Neutral Sentiment: Zacks and other platforms note trending investor interest in AXP, which can amplify moves but is not a fundamental catalyst on its own. Is Trending Stock American Express Company (AXP) a Buy Now?
• Neutral Sentiment: Sector read-through: Mastercard reported strong Q1 results (cross-border volume growth), which supports the payments sector outlook and may lift peers like AXP indirectly. Mastercard Beats Q1 Earnings on Strong Cross-Border Volume Growth
• Negative Sentiment: Technical/valuation caution: AXP trades below its 200‑day moving average and its trailing P/E (~20–21) leaves limited margin for multiple contraction; these factors can act as resistance if growth or margin concerns re-emerge.

Insider Buying and Selling at American Express

In other American Express news, insider Ravikumar Radhakrishnan sold 15,000 shares of the business’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $356.58, for a total value of $5,348,700.00. Following the sale, the insider owned 8,945 shares of the company’s stock, valued at $3,189,608.10. The trade was a 62.64% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Anna Marrs sold 27,425 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $350.01, for a total transaction of $9,599,024.25. Following the completion of the sale, the insider directly owned 20,394 shares in the company, valued at $7,138,103.94. This trade represents a 57.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 73,944 shares of company stock worth $26,114,366. Corporate insiders own 0.14% of the company’s stock.

American Express Profile

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.