Rep. Bruce Westerman Sells American Express (NYSE:AXP) Stock

Representative Bruce Westerman (R-Arkansas) recently sold shares of American Express NYSE: AXP. In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in American Express stock on April 21st. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UniCredit OTCMKTS: UNCRY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Siemens Aktiengesellschaft OTCMKTS: SIEGY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of GSK NYSE: GSK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 4/21/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
• Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Chevron NYSE: CVX on 4/21/2025.

American Express Stock Performance

Shares of NYSE:AXP opened at $302.28 on Wednesday. The company's 50 day simple moving average is $264.02 and its 200 day simple moving average is $287.55. The stock has a market capitalization of $211.77 billion, a price-to-earnings ratio of 21.58, a price-to-earnings-growth ratio of 1.41 and a beta of 1.23. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.58 and a quick ratio of 1.57. American Express has a 1 year low of $220.43 and a 1 year high of $326.28.

American Express (NYSE:AXP - Get Free Report) last posted its earnings results on Thursday, April 17th. The payment services company reported $3.64 earnings per share for the quarter, topping analysts' consensus estimates of $3.47 by $0.17. The firm had revenue of $16.97 billion for the quarter, compared to analysts' expectations of $17.04 billion. American Express had a net margin of 15.36% and a return on equity of 32.65%. During the same quarter in the previous year, the firm posted $3.33 earnings per share. As a group, research analysts predict that American Express will post 15.33 EPS for the current fiscal year.

American Express Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, April 4th were paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 1.09%. This is a boost from American Express's previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Friday, April 4th. American Express's dividend payout ratio (DPR) is 22.91%.

Institutional Trading of American Express

A number of institutional investors have recently bought and sold shares of AXP. Norges Bank bought a new stake in American Express during the fourth quarter valued at $1,785,867,000. Nuveen LLC bought a new position in shares of American Express during the 1st quarter worth about $1,454,667,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in shares of American Express by 463.3% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,357,487 shares of the payment services company's stock worth $1,293,259,000 after purchasing an additional 3,583,959 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of American Express by 27,625.2% during the 1st quarter. GAMMA Investing LLC now owns 2,162,846 shares of the payment services company's stock worth $581,914,000 after purchasing an additional 2,155,045 shares in the last quarter. Finally, Capital Research Global Investors boosted its position in shares of American Express by 186.3% during the 4th quarter. Capital Research Global Investors now owns 2,986,710 shares of the payment services company's stock worth $886,426,000 after purchasing an additional 1,943,463 shares in the last quarter. Institutional investors own 84.33% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on AXP shares. Robert W. Baird upgraded shares of American Express from an "underperform" rating to a "neutral" rating and set a $265.00 price target for the company in a report on Friday, March 14th. Keefe, Bruyette & Woods upped their price target on shares of American Express from $350.00 to $360.00 and gave the stock an "outperform" rating in a report on Monday, January 27th. William Blair reiterated an "outperform" rating on shares of American Express in a report on Monday, April 21st. Baird R W upgraded shares of American Express from a "strong sell" rating to a "hold" rating in a report on Friday, March 14th. Finally, The Goldman Sachs Group decreased their price objective on American Express from $367.00 to $330.00 and set a "buy" rating for the company in a report on Tuesday, March 18th. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $295.05.

Insider Transactions at American Express

In other American Express news, Director Michael J. Angelakis purchased 3,700 shares of the company's stock in a transaction that occurred on Friday, March 7th. The shares were acquired at an average price of $269.89 per share, with a total value of $998,593.00. Following the transaction, the director now owns 3,700 shares in the company, valued at $998,593. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Glenda G. Mcneal sold 3,019 shares of the firm's stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $264.66, for a total transaction of $799,008.54. Following the completion of the transaction, the insider now directly owns 10,919 shares in the company, valued at approximately $2,889,822.54. The trade was a 21.66% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.20% of the company's stock.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

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.

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