American Express’ (AXP) “Outperform” Rating Reaffirmed at William Blair

William Blair reissued their outperform rating on shares of American Express (NYSE:AXP) in a research note published on Monday,RTT News reports. William Blair also issued estimates for American Express’ Q1 2025 earnings at $3.47 EPS, Q2 2025 earnings at $4.07 EPS, Q3 2025 earnings at $4.03 EPS, Q4 2025 earnings at $3.62 EPS, FY2025 earnings at $15.19 EPS and FY2026 earnings at $17.23 EPS.

Other equities research analysts also recently issued reports about the stock. StockNews.com upgraded shares of American Express from a “hold” rating to a “buy” rating in a research report on Saturday, January 11th. HSBC boosted their target price on American Express from $270.00 to $294.00 and gave the stock a “hold” rating in a research report on Friday, January 24th. Monness Crespi & Hardt raised their price target on American Express from $330.00 to $355.00 and gave the company a “buy” rating in a research report on Monday. Morgan Stanley boosted their price objective on shares of American Express from $305.00 to $310.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, Wells Fargo & Company raised their target price on shares of American Express from $300.00 to $340.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, American Express has an average rating of “Hold” and an average target price of $294.95.

American Express Stock Performance

Shares of AXP stock opened at $315.14 on Monday. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 1.80. American Express has a 12-month low of $199.88 and a 12-month high of $326.27. The company has a market cap of $222.00 billion, a price-to-earnings ratio of 23.19, a price-to-earnings-growth ratio of 1.51 and a beta of 1.23. The stock has a 50 day simple moving average of $303.60 and a 200-day simple moving average of $276.27.

American Express (NYSE:AXP) last posted its quarterly earnings results on Friday, January 24th. The payment services company reported $3.04 earnings per share for the quarter, topping analysts’ consensus estimates of $3.00 by $0.04. American Express had a net margin of 15.32% and a return on equity of 32.46%. On average, equities analysts forecast that American Express will post 13.4 EPS for the current year.

American Express Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Friday, January 3rd will be issued a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, January 3rd. This represents a $2.80 annualized dividend and a dividend yield of 0.89%. American Express’s payout ratio is currently 20.60%.

Insider Activity at American Express

In related news, CFO Caillec Christophe Le sold 6,000 shares of American Express stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $303.48, for a total value of $1,820,880.00. Following the transaction, the chief financial officer now owns 6,433 shares in the company, valued at approximately $1,952,286.84. This trade represents a 48.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.12% of the stock is owned by insiders.

Hedge Funds Weigh In On American Express

Large investors have recently modified their holdings of the company. Prospera Private Wealth LLC acquired a new stake in American Express during the 3rd quarter worth approximately $27,000. Kennebec Savings Bank purchased a new stake in American Express during the third quarter worth approximately $29,000. True Wealth Design LLC grew its stake in American Express by 332.0% during the third quarter. True Wealth Design LLC now owns 108 shares of the payment services company’s stock worth $29,000 after buying an additional 83 shares during the period. Financial Life Planners purchased a new position in shares of American Express in the 4th quarter valued at $38,000. Finally, Itau Unibanco Holding S.A. acquired a new position in shares of American Express during the 3rd quarter valued at $38,000. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

American Express Company Profile

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.