Crossmark Global Holdings Inc. Has $23.61 Million Stock Holdings in American Express Company $AXP

Key Points

• Crossmark Global Holdings trimmed its position in American Express by 16.8% in Q3 to 71,077 shares, leaving the stake valued at about $23.61 million.
• American Express increased its quarterly dividend by 16% to $0.95 (annualized $3.80, ~1.2% yield), with an ex-dividend date of April 2 and a pay date of May 8.
• Analysts' consensus is a "Hold" on AXP with an average price target of $352.73 (nine Buys, fifteen Holds, one Sell), suggesting modest upside from current trading levels.

Crossmark Global Holdings Inc. lowered its stake in American Express Company (NYSE:AXP) by 16.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 71,077 shares of the payment services company's stock after selling 14,323 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in American Express were worth $23,609,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Trajan Wealth LLC raised its stake in American Express by 30.9% in the 3rd quarter. Trajan Wealth LLC now owns 24,901 shares of the payment services company's stock valued at $8,271,000 after acquiring an additional 5,881 shares during the period. Hillsdale Investment Management Inc. raised its position in shares of American Express by 218.7% in the third quarter. Hillsdale Investment Management Inc. now owns 8,540 shares of the payment services company's stock valued at $2,837,000 after purchasing an additional 5,860 shares during the period. ZEGA Investments LLC acquired a new stake in shares of American Express during the 3rd quarter worth about $1,080,000. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of American Express by 0.3% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,598,743 shares of the payment services company's stock worth $531,038,000 after buying an additional 4,080 shares during the period. Finally, Parr Mcknight Wealth Management Group LLC grew its stake in American Express by 1,243.9% in the 3rd quarter. Parr Mcknight Wealth Management Group LLC now owns 13,775 shares of the payment services company's stock valued at $4,576,000 after buying an additional 12,750 shares during the last quarter. Institutional investors and hedge funds own 84.33% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AXP. Evercore set a $393.00 price objective on American Express in a report on Tuesday, February 10th. UBS Group restated a "neutral" rating and issued a $395.00 price target on shares of American Express in a research note on Wednesday, February 4th. Credit Suisse Group set a $328.00 price objective on American Express in a report on Monday, January 12th. Wolfe Research started coverage on shares of American Express in a research report on Monday, December 8th. They issued a "peer perform" rating for the company. Finally, Wells Fargo & Company upped their price target on shares of American Express from $400.00 to $425.00 and gave the company an "overweight" rating in a research note on Wednesday, December 17th. Nine analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $352.73.

American Express Trading Up 1.1%

AXP opened at $311.15 on Thursday. The stock has a market capitalization of $213.64 billion, a price-to-earnings ratio of 20.22, a P/E/G ratio of 1.30 and a beta of 1.14. The company has a quick ratio of 1.58, a current ratio of 1.59 and a debt-to-equity ratio of 1.68. American Express Company has a twelve month low of $220.43 and a twelve month high of $387.49. The company has a 50-day simple moving average of $354.02 and a 200 day simple moving average of $349.36.

American Express (NYSE:AXP - Get Free Report) last issued its earnings results on Friday, January 30th. The payment services company reported $3.53 EPS for the quarter, missing the consensus estimate of $3.54 by ($0.01). American Express had a net margin of 15.00% and a return on equity of 33.49%. The firm had revenue of ($17,139.00) million during the quarter, compared to analyst estimates of $18.91 billion. During the same quarter in the previous year, the firm posted $3.04 earnings per share. American Express'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. Analysts predict that American Express Company will post 15.33 EPS for the current fiscal year.

American Express Increases Dividend

The firm also recently disclosed 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. The ex-dividend date is Thursday, April 2nd. This represents a $3.80 annualized dividend 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 currently 21.31%.

Key Stories Impacting American Express

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

• Positive Sentiment: Board-authorized 16% quarterly dividend increase to $0.95 per share (ex-dividend early April, pay date in May) — signals management confidence in cash flow and supports income-oriented shareholder demand. American Express Board Authorizes 16 Percent Increase in Common Shares Dividend
• Positive Sentiment: New long-term partnerships naming American Express as Official Payments Partner at MetLife Stadium, Mercedes‑Benz Stadium and with NFL teams and other franchises — increases exclusive card-member access and could lift transaction volumes in major U.S. markets. American Express Expands Global Sports and Entertainment Footprint with New Stadium and NFL Team Partnerships
• Neutral Sentiment: Market commentary noting AXP outpaced the broader market today — a snapshot explanation rather than new fundamental news, but useful context for intraday moves. Why American Express (AXP) Outpaced the Stock Market Today
• Neutral Sentiment: Plans for a new global HQ at 2 World Trade Center — a strategic move underscoring long-term investment in growth and brand, but with limited near-term earnings impact. American Express Plans New World Trade Center HQ To Support Growth Narrative
• Neutral Sentiment: Marketing/branding activation: AmEx co-hosting CARBONE BEACH during the Miami Grand Prix — supports premium-brand engagement and card‑member experience but is not materially earnings‑driving. Major Food Group and American Express to host CARBONE BEACH
• Neutral Sentiment: Mentioned as a top option for high-yield savings accounts in consumer roundups — supports deposit-gathering narrative but is competitive and only modestly impacts valuation near term. 3 Clear Winners When Exploring High-Yield Savings Accounts
• Negative Sentiment: Coverage noting dividend rise but flagging broader market worries about AI‑related disruption and layoff fears — these concerns could weigh on sentiment and multiple expansion even as cash returns rise. AmEx Turns on the Cash Tap: Dividends Boom Amid AI Concerns
• Negative Sentiment: Unusual options activity has drawn attention — could signal hedging or speculative positioning that increases short‑term volatility around AXP. Do Options Traders Know Something About AXP Stock We Don't?

Insiders Place Their Bets

In related news, insider Ravikumar Radhakrishnan sold 15,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider owned 8,945 shares of the company's stock, valued at $3,189,608.10. This represents a 62.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Denise Pickett sold 23,385 shares of the stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $356.91, for a total value of $8,346,340.35. Following the completion of the transaction, the insider owned 7,754 shares of the company's stock, valued at $2,767,480.14. The trade was a 75.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 73,944 shares of company stock valued at $26,114,366. 0.20% of the stock is 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.

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