Griffith & Werner Inc. Buys New Holdings in American Express Company $AXP

Griffith & Werner Inc. purchased a new position in shares of American Express Company (NYSE:AXP) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 5,049 shares of the payment services company’s stock, valued at approximately $1,857,000. American Express comprises about 1.0% of Griffith & Werner Inc.’s investment portfolio, making the stock its 29th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Valley Wealth Managers Inc. raised its holdings in American Express by 153.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock valued at $25,000 after buying an additional 46 shares during the last quarter. Access Investment Management LLC bought a new stake in American Express in the 2nd quarter worth $26,000. Manning & Napier Advisors LLC purchased a new position in shares of American Express in the third quarter valued at about $27,000. Guerra Advisors Inc purchased a new position in shares of American Express in the third quarter valued at about $28,000. Finally, Halbert Hargrove Global Advisors LLC raised its stake in shares of American Express by 210.7% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 87 shares of the payment services company’s stock valued at $29,000 after acquiring an additional 59 shares during the last quarter. Institutional investors own 84.33% of the company’s stock.

Wall Street Analysts Forecast Growth

AXP has been the topic of several recent analyst reports. Evercore set a $393.00 target price on American Express in a research note on Tuesday, February 10th. TD Cowen reiterated a “hold” rating on shares of American Express in a report on Thursday, January 8th. Wall Street Zen cut American Express from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Barclays upped their target price on American Express from $355.00 to $367.00 and gave the company an “equal weight” rating in a report on Tuesday, January 6th. Finally, Truist Financial dropped their price target on American Express from $420.00 to $400.00 and set a “buy” rating for the company in a research note on Monday, February 2nd. Nine research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $352.73.

American Express Price Performance

Shares of AXP stock opened at $307.86 on Wednesday. The business’s fifty day moving average is $355.45 and its 200 day moving average is $349.63. The company has a quick ratio of 1.58, a current ratio of 1.59 and a debt-to-equity ratio of 1.68. The stock has a market cap of $211.38 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 1.30 and a beta of 1.14. American Express Company has a twelve month low of $220.43 and a twelve month high of $387.49.

American Express (NYSE:AXP) last released its earnings results on Friday, January 30th. The payment services company reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.54 by ($0.01). American Express had a return on equity of 33.49% and a net margin of 15.00%.The business had revenue of ($17,139.00) million during the quarter, compared to analysts’ expectations of $18.91 billion. During the same period in the prior year, the company earned $3.04 earnings per share. The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts expect that American Express Company will post 15.33 EPS for the current fiscal year.

American Express Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 3rd will be given a $0.95 dividend. The ex-dividend date of this dividend is 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 payout ratio is presently 21.31%.

Trending Headlines about American Express

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

• Positive Sentiment: Board raises dividend 16% to $0.95 quarterly, signaling confidence in cash flow and earnings; management also reiterated double‑digit EPS growth guidance, which supports total‑return appeal for income investors. American Express Board Authorizes 16 Percent Increase in Common Shares Dividend
• Positive Sentiment: AmEx is highlighted as a winner in coverage of high‑yield savings and cash products — a reminder that its deposit and consumer‑cash products can attract low‑cost funding and support NII (net interest income). Product placement in consumer finance roundups can help deposit flows and margins. 3 Clear Winners When Exploring High-Yield Savings Accounts
• Positive Sentiment: Marketing/brand activation: American Express will sponsor the Amex x CARBONE BEACH pop‑up during Miami Grand Prix weekend — a high‑visibility hospitality tie‑in that supports premium cardmember engagement and incremental spend from affluent customers. Major Food Group and American Express to host CARBONE BEACH during FORMULA 1 CRYPTO.COM MIAMI GRAND PRIX Weekend
• Neutral Sentiment: AmEx plans a new global headquarters at 2 World Trade Center — a long‑term bet on talent, brand and scale in NYC. Investors will weigh the strategic benefits against near‑term capital/lease costs; impact on margins is uncertain but it signals long‑term commitment to growth. American Express Plans New World Trade Center HQ To Support Growth Narrative
• Neutral Sentiment: Options‑market activity has picked up interest in AXP, which can presage higher short‑term volatility or reflect directional bets by traders; this is a market‑signal to monitor but not a fundamental change. Do Options Traders Know Something About AXP Stock We Don’t?
• Neutral Sentiment: Broader context piece referencing Berkshire/HNW moves included AXP in a round‑up; Buffett‑related coverage is background market color rather than company‑specific news for AmEx investors. How Berkshire Hathaway Performed During Buffett’s Final Quarter (AXP)

Insider Buying and Selling

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 stock was sold at an average price of $356.58, for a total value of $5,348,700.00. Following the sale, the insider directly owned 8,945 shares of the company’s stock, 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 legal filing with the SEC, which can be accessed through this link. Also, insider Anna Marrs sold 27,425 shares of the firm’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $350.01, for a total value of $9,599,024.25. Following the transaction, the insider owned 20,394 shares of the company’s stock, valued at $7,138,103.94. The trade was a 57.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 73,944 shares of company stock worth $26,114,366. 0.20% of the stock is currently owned by corporate insiders.

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.