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 Down 0.2%

AXP stock traded down $0.62 during mid-day trading on Monday, hitting $299.10. The stock had a trading volume of 2,751,297 shares, compared to its average volume of 2,842,469. The company has a current ratio of 1.58, a quick ratio of 1.57 and a debt-to-equity ratio of 1.64. American Express has a 1-year low of $220.43 and a 1-year high of $326.28. The company has a fifty day moving average of $266.96 and a 200 day moving average of $288.43. The stock has a market capitalization of $209.55 billion, a price-to-earnings ratio of 21.35, a PEG ratio of 1.41 and a beta of 1.23.

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

American Express Increases Dividend

The firm 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 is an increase from American Express's previous quarterly dividend of $0.70. This represents a $3.28 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend was Friday, April 4th. American Express's dividend payout ratio is currently 22.91%.

Insider Buying and Selling at American Express

In other American Express news, Director Michael J. Angelakis acquired 3,700 shares of the business's stock in a transaction on Friday, March 7th. The stock was purchased at an average price of $269.89 per share, for a total transaction of $998,593.00. Following the transaction, the director now owns 3,700 shares in the company, valued at $998,593. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Glenda G. Mcneal sold 3,019 shares of American Express stock in a transaction on Tuesday, April 29th. The shares were sold at an average price of $264.66, for a total value of $799,008.54. Following the completion of the transaction, the insider now owns 10,919 shares of the company's stock, 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. Corporate insiders own 0.20% of the company's stock.

Hedge Funds Weigh In On American Express

Several hedge funds and other institutional investors have recently modified their holdings of AXP. ORG Partners LLC lifted its position in shares of American Express by 15.3% during the 4th quarter. ORG Partners LLC now owns 317 shares of the payment services company's stock worth $94,000 after buying an additional 42 shares during the period. Czech National Bank lifted its position in shares of American Express by 5.5% during the 4th quarter. Czech National Bank now owns 120,663 shares of the payment services company's stock worth $35,812,000 after buying an additional 6,255 shares during the period. Aprio Wealth Management LLC raised its position in American Express by 6.5% in the 4th quarter. Aprio Wealth Management LLC now owns 1,108 shares of the payment services company's stock valued at $329,000 after purchasing an additional 68 shares during the last quarter. Fiduciary Alliance LLC raised its position in American Express by 20.7% in the 4th quarter. Fiduciary Alliance LLC now owns 13,438 shares of the payment services company's stock valued at $3,988,000 after purchasing an additional 2,303 shares during the last quarter. Finally, Brookstone Capital Management raised its position in American Express by 4.7% in the 4th quarter. Brookstone Capital Management now owns 81,953 shares of the payment services company's stock valued at $24,323,000 after purchasing an additional 3,672 shares during the last quarter. Institutional investors own 84.33% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Keefe, Bruyette & Woods upped their target price on American Express from $350.00 to $360.00 and gave the stock an "outperform" rating in a research report on Monday, January 27th. BTIG Research lowered their price objective on American Express from $272.00 to $240.00 and set a "sell" rating on the stock in a report on Monday, April 21st. Baird R W raised American Express from a "strong sell" rating to a "hold" rating in a report on Friday, March 14th. Royal Bank of Canada reissued an "outperform" rating and set a $310.00 price objective on shares of American Express in a report on Monday, April 21st. Finally, Argus lowered American Express from a "strong-buy" rating to a "hold" rating in a report on Friday, March 14th. One research analyst has rated the stock with a sell rating, sixteen have given a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $295.05.

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.