Strs Ohio Has $69.32 Million Stock Holdings in American Express Company $AXP

Key Points

• Strs Ohio trimmed its stake in American Express (AXP) by 7% in Q4 and now holds 187,380 shares valued at about $69.32 million.
• AXP topped earnings with quarterly EPS of $4.28 vs. $4.01 expected, reported revenue of $14.22 billion (up 11.4% YoY), and set FY2026 guidance of 17.300–17.900 EPS (consensus ~17.59).
• American Express raised its quarterly dividend from $0.82 to $0.95 (annualized $3.80, ~1.2% yield), while insiders have sold roughly 73,944 shares (~$26.1M) in the last 90 days and now own 0.14% of the stock.

Strs Ohio trimmed its stake in American Express Company (NYSE:AXP) by 7.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 187,380 shares of the payment services company's stock after selling 14,098 shares during the quarter. Strs Ohio's holdings in American Express were worth $69,321,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Ameriprise Financial Inc. grew 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 buying an additional 845,283 shares during the last quarter. Amundi increased its position 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 worth $925,449,000 after acquiring an additional 537,205 shares in the last quarter. Danske Bank A S bought a new stake in shares of American Express during the third quarter worth about $153,292,000. PFA Pension Forsikringsaktieselskab bought a new stake in shares of American Express during the fourth quarter worth about $166,848,000. Finally, Capital Wealth Planning LLC increased its position 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 worth $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 and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Credit Suisse Group set a $328.00 target price on shares of American Express in a research report on Monday, January 12th. Wells Fargo & Company decreased their target price on shares of American Express from $425.00 to $415.00 and set an "overweight" rating for the company in a research report on Thursday, April 9th. Bank of America boosted their target price on shares of American Express from $381.00 to $387.00 and gave the stock a "buy" rating in a research report on Friday, April 24th. Evercore set a $345.00 target price on shares of American Express in a research report on Wednesday. Finally, Morgan Stanley decreased their target price on shares of American Express from $395.00 to $385.00 and set an "equal weight" rating for the company in a research report on Thursday, April 16th. Eight research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $357.47.

American Express Stock Down 1.0%

AXP opened at $319.74 on Friday. 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 company's 50-day moving average is $311.71 and its 200 day moving average is $344.13. American Express Company has a fifty-two week low of $273.10 and a fifty-two week high of $387.49. The firm has a market capitalization of $218.17 billion, a P/E ratio of 19.95, a PEG 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 earnings per share for the quarter, beating analysts' consensus estimates of $4.01 by $0.27. American Express had a net margin of 15.13% and a return on equity of 33.95%. The company had revenue of $14.22 billion for the quarter, compared to analyst estimates of $18.60 billion. During the same period last year, the firm earned $3.64 earnings per share. The firm's revenue was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts expect that American Express Company will post 17.59 earnings per share for the current fiscal year.

American Express Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 3rd will be given a $0.95 dividend. This is a positive change from American Express's previous quarterly dividend of $0.82. This represents a $3.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, April 2nd. American Express's payout ratio is presently 23.71%.

Insider Activity at American Express

In other American Express news, insider Anna Marrs sold 27,425 shares of American Express stock in a transaction dated 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 sale, the insider owned 20,394 shares of the company's stock, valued at approximately $7,138,103.94. The trade was a 57.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Ravikumar Radhakrishnan sold 15,000 shares of American Express stock in a transaction dated 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 completion of the sale, the insider directly owned 8,945 shares in the company, valued at approximately $3,189,608.10. This represents a 62.64% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 73,944 shares of company stock worth $26,114,366. Insiders own 0.14% of the company's stock.

American Express Company 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.

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