American Express Company $AXP Shares Purchased by Robertson Stephens Wealth Management LLC

Key Points

• Robertson Stephens Wealth Management LLC boosted its stake in American Express by 217.3%, buying 17,789 shares in Q4 to hold 25,974 shares worth about $9.61 million.
• EPS beat: American Express reported $4.28 EPS versus $4.01 expected and revenue of $14.22 billion (up 11.4% YoY), and set FY2026 guidance of $17.30–$17.90 EPS (consensus ~17.59).
• The company raised its quarterly dividend to $0.95 (from $0.82), implying a $3.80 annual payout and a ~1.2% yield.

Robertson Stephens Wealth Management LLC boosted its holdings in American Express Company (NYSE:AXP - Free Report) by 217.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,974 shares of the payment services company's stock after purchasing an additional 17,789 shares during the quarter. Robertson Stephens Wealth Management LLC's holdings in American Express were worth $9,609,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Fisher Asset Management LLC boosted its holdings in American Express by 1.7% in the third quarter. Fisher Asset Management LLC now owns 8,881,546 shares of the payment services company's stock valued at $2,950,095,000 after purchasing an additional 146,586 shares in the last quarter. Capital World Investors lifted its stake in American Express by 0.5% in the third quarter. Capital World Investors now owns 5,122,335 shares of the payment services company's stock valued at $1,701,435,000 after buying an additional 24,297 shares during the last quarter. Capital Research Global Investors lifted its stake in American Express by 0.7% in the third quarter. Capital Research Global Investors now owns 4,452,660 shares of the payment services company's stock valued at $1,479,019,000 after buying an additional 29,331 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in American Express by 27.0% in 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 buying an additional 845,283 shares during the last quarter. Finally, Legal & General Group Plc lifted its stake in American Express by 2.4% in the third quarter. Legal & General Group Plc now owns 3,483,876 shares of the payment services company's stock valued at $1,157,204,000 after buying an additional 83,189 shares during the last quarter. 84.33% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on AXP shares. TD Cowen reiterated a "hold" rating on shares of American Express in a research note on Thursday, January 8th. Truist Financial reduced their price objective on American Express from $400.00 to $360.00 and set a "buy" rating for the company in a research note on Monday, March 23rd. 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 research note on Thursday, April 9th. Bank of America boosted their price objective on American Express from $381.00 to $387.00 and gave the company a "buy" rating in a research note on Friday, April 24th. Finally, BTIG Research reiterated a "sell" rating and issued a $285.00 price objective on shares of American Express in a research note on Friday, April 24th. Eight analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $357.47.

American Express Price Performance

American Express stock opened at $319.74 on Friday. American Express Company has a 12 month low of $273.10 and a 12 month high of $387.49. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. The business has a 50 day simple moving average of $311.71 and a 200-day simple moving average of $344.13. The stock has a market capitalization of $218.17 billion, a PE ratio of 19.95, a price-to-earnings-growth ratio of 1.31 and a beta of 1.08.

American Express (NYSE:AXP - Get Free Report) last released its quarterly earnings results 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. American Express had a return on equity of 33.95% and a net margin of 15.13%.The business had revenue of $14.22 billion during the quarter, compared to analysts' expectations of $18.60 billion. During the same quarter in the prior year, the business earned $3.64 earnings per share. The company's quarterly 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. Equities analysts predict that American Express Company will post 17.59 earnings per share for the current 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 paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. This is a boost from American Express's previous quarterly dividend of $0.82. The ex-dividend date is Thursday, April 2nd. American Express's dividend payout ratio (DPR) is currently 23.71%.

Insider Buying and Selling

In other news, insider Howard Grosfield sold 8,134 shares of the company's stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $346.73, for a total transaction of $2,820,301.82. Following the completion of the sale, the insider owned 9,433 shares in the company, valued at $3,270,704.09. This represents a 46.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Ravikumar Radhakrishnan sold 15,000 shares of the company's stock in a transaction that occurred 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 owned 8,945 shares of the company's stock, valued at $3,189,608.10. This trade represents a 62.64% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 73,944 shares of company stock worth $26,114,366 over the last three months. 0.14% of the stock is owned by company 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.

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