Sun Financial Inc Purchases Shares of 3,887 American Express Company $AXP

Key Points

• Sun Financial Inc bought a new stake in American Express (AXP) of 3,887 shares in the fourth quarter, valued at about $1.44 million.
• American Express reported quarterly EPS of $4.28, topping estimates, with revenue up 11.4% year-over-year and FY2026 EPS guidance set at 17.300–17.900.
• The company raised its quarterly dividend to $0.95 (annualized $3.80) from $0.82, implying a yield of roughly 1.2%.

Sun Financial Inc purchased a new stake in American Express Company (NYSE:AXP) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,887 shares of the payment services company's stock, valued at approximately $1,438,000.

Other large investors also recently modified their holdings of the company. Valley Wealth Managers Inc. increased its position in shares of American Express by 153.3% during the third quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company's stock worth $25,000 after buying an additional 46 shares during the period. Joseph Group Capital Management acquired a new stake in shares of American Express during the fourth quarter worth $26,000. Manning & Napier Advisors LLC acquired a new stake in shares of American Express during the third quarter worth $27,000. Guerra Advisors Inc acquired a new stake in shares of American Express during the third quarter worth $28,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of American Express during the third quarter worth $28,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

American Express Price Performance

AXP stock opened at $319.74 on Monday. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. American Express Company has a one year low of $273.10 and a one year high of $387.49. The stock has a market cap of $218.17 billion, a PE ratio of 19.95, a P/E/G ratio of 1.30 and a beta of 1.08. The firm has a 50 day simple moving average of $311.71 and a two-hundred day simple moving average of $344.36.

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 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 business had revenue of $14.22 billion during the quarter, compared to analysts' expectations of $18.60 billion. During the same quarter in the previous year, the company earned $3.64 EPS. The business'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. On average, analysts predict that American Express Company will post 17.59 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. Stockholders of record on Friday, April 3rd will be paid a $0.95 dividend. This is a positive change from American Express's previous quarterly dividend of $0.82. 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%. American Express's dividend payout ratio is currently 23.71%.

Insider Buying and Selling at American Express

In related news, insider Denise Pickett sold 23,385 shares of the company's stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $356.91, for a total transaction of $8,346,340.35. Following the completion of the sale, the insider directly owned 7,754 shares in the company, valued at $2,767,480.14. This represents a 75.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Howard Grosfield sold 8,134 shares of the company's stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $346.73, for a total transaction of $2,820,301.82. Following the sale, the insider owned 9,433 shares of the company's stock, valued at $3,270,704.09. This represents a 46.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 73,944 shares of company stock worth $26,114,366 over the last 90 days. Company insiders own 0.14% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on AXP. The Goldman Sachs Group increased their target price on shares of American Express from $360.00 to $400.00 and gave the company a "buy" rating in a report on Tuesday, April 28th. Wells Fargo & Company lowered their price objective on shares of American Express from $425.00 to $415.00 and set an "overweight" rating on the stock in a research report on Thursday, April 9th. Bank of America lifted their price objective 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. Credit Suisse Group set a $328.00 price objective on shares of American Express in a research report on Monday, January 12th. Finally, Morgan Stanley lowered their price objective on shares of American Express from $395.00 to $385.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 16th. Eight equities 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 company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $357.47.

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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