Greenwood Gearhart Inc. Acquires 1,757 Shares of American Express Company $AXP

Greenwood Gearhart Inc. grew its stake in shares of American Express Company (NYSE:AXP) by 5.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,282 shares of the payment services company’s stock after acquiring an additional 1,757 shares during the quarter. Greenwood Gearhart Inc.’s holdings in American Express were worth $12,313,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of AXP. Ameriprise Financial Inc. increased its holdings in shares of American Express by 27.0% during the third quarter. Ameriprise Financial Inc. now owns 3,970,416 shares of the payment services company’s stock valued at $1,310,515,000 after acquiring an additional 845,283 shares in the last quarter. Amundi increased its holdings in shares of American Express by 23.9% during the third quarter. Amundi now owns 2,787,580 shares of the payment services company’s stock valued at $925,449,000 after acquiring an additional 537,205 shares in the last quarter. Danske Bank A S bought a new position in shares of American Express during the third quarter valued at $153,292,000. PFA Pension Forsikringsaktieselskab bought a new position in shares of American Express during the fourth quarter valued at $166,848,000. Finally, Capital Wealth Planning LLC increased its holdings in shares of American Express by 18.5% during the third quarter. Capital Wealth Planning LLC now owns 2,169,242 shares of the payment services company’s stock valued at $720,535,000 after acquiring an additional 337,991 shares in the last quarter. 84.33% of the stock is currently owned by institutional investors.

Key Stories Impacting American Express

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

• Positive Sentiment: Warren Buffett publicly praised Greg Abel, reinforcing the market’s view that Berkshire’s leadership remains constructive on high-quality financial names like American Express. Warren Buffett: “I’d rather have Greg handling my money than any of the top investment advisors or any of the top CEOs of the United States.”
• Positive Sentiment: Multiple articles highlighted American Express as a Berkshire favorite and one of Buffett’s best value ideas for 2026, which can support sentiment around AXP as a durable, cash-generating franchise. American Express (AXP) – Among the 10 Best Value Stocks to Buy in 2026 According to Warren Buffett
• Positive Sentiment: American Express’ move to sell its remaining stake in American Express Global Business Travel for about $1.5 billion was described as helping the company refocus on its core card business, which investors often view favorably. American Express Exit From GBT Refocuses Capital On Core Card Engine
• Positive Sentiment: American Express also launched an AI upskilling initiative for small businesses, a potentially positive long-term move that could deepen customer relationships and strengthen its small-business ecosystem. American Express Uses AI Upskilling To Deepen Small Business Relationships
• Neutral Sentiment: Shareholders reaffirmed the board, executive pay, and auditor at the annual meeting, removing a potential governance overhang but likely not a major near-term stock catalyst. American Express Shareholders Reaffirm Board, Pay and Auditor
• Neutral Sentiment: Articles comparing AXP with other value stocks or peers are generally informational and do not appear to be driving the move on their own. INTR vs. AXP: Which Stock Should Value Investors Buy Now?

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on AXP shares. Credit Suisse Group set a $328.00 price target on American Express in a report on Monday, January 12th. BTIG Research reiterated a “sell” rating and issued a $285.00 price objective on shares of American Express in a report on Friday, April 24th. Evercore set a $345.00 price objective on American Express in a report on Wednesday, April 29th. Barclays reduced their price objective on American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Finally, JPMorgan Chase & Co. reduced their price objective on American Express from $375.00 to $325.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Eight analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, American Express has an average rating of “Hold” and a consensus target price of $357.47.

American Express Price Performance

NYSE AXP opened at $315.79 on Friday. American Express Company has a one year low of $281.46 and a one year high of $387.49. The stock has a 50-day moving average of $311.10 and a 200 day moving average of $344.05. The company has a market capitalization of $215.47 billion, a price-to-earnings ratio of 19.70, a PEG ratio of 1.29 and a beta of 1.08. 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 released its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping the consensus estimate of $4.01 by $0.27. The company had revenue of $14.22 billion during the quarter, compared to the consensus estimate of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.American Express’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period last year, the company earned $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, sell-side analysts forecast that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

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

Insider Transactions at American Express

In related news, insider Ravikumar Radhakrishnan sold 15,000 shares of American Express stock in a transaction on Monday, February 9th. The stock was sold at an average price of $356.58, for a total transaction of $5,348,700.00. Following the transaction, the insider directly owned 8,945 shares in the company, valued at approximately $3,189,608.10. The trade was a 62.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Howard Grosfield sold 8,134 shares of the business’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $346.73, for a total value of $2,820,301.82. Following the sale, the insider directly owned 9,433 shares of the company’s stock, valued at $3,270,704.09. This represents a 46.30% decrease in their position. The disclosure for this sale is available in the SEC filing. 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.