Rep. Julie Johnson Sells Off Shares of American Express Company (NYSE:AXP)

Key Points

• Rep. Julie Johnson sold shares of American Express (NYSE:AXP) worth between $1,001 and $15,000 on August 14th, as disclosed on September 11th.
• American Express reported earnings of $4.08 per share for the last quarter, surpassing analysts' expectations of $3.86 and reflecting a year-over-year revenue increase of 9.3%.
• The company recently declared a quarterly dividend of $0.82, which translates to an annualized dividend yield of 1.0%.

Representative Julie Johnson (D-Texas) recently sold shares of American Express Company NYSE: AXP. In a filing disclosed on September 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in American Express stock on August 14th. The trade occurred in the Representative's "CHASE BROKERAGE ACCOUNT (3935)" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Parker-Hannifin NYSE: PH on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 8/14/2025.
• Sold $1,001 - $15,000 in shares of ConocoPhillips NYSE: COP on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Dover NYSE: DOV on 8/14/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 8/14/2025.

American Express Trading Down 1.2%

Shares of NYSE:AXP traded down $3.84 during trading on Friday, reaching $325.48. The stock had a trading volume of 2,000,286 shares, compared to its average volume of 2,294,247. The business has a fifty day moving average price of $313.29 and a 200-day moving average price of $291.91. The company has a quick ratio of 1.60, a current ratio of 1.61 and a debt-to-equity ratio of 1.80. The stock has a market cap of $226.50 billion, a P/E ratio of 22.84, a PEG ratio of 1.75 and a beta of 1.28. American Express Company has a fifty-two week low of $220.43 and a fifty-two week high of $332.46.

American Express (NYSE:AXP - Get Free Report) last posted its quarterly earnings data on Friday, July 18th. The payment services company reported $4.08 earnings per share for the quarter, beating analysts' consensus estimates of $3.86 by $0.22. The business had revenue of $17.86 billion during the quarter, compared to analyst estimates of $17.70 billion. American Express had a net margin of 14.78% and a return on equity of 32.87%. The company's revenue was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.49 earnings per share. As a group, analysts anticipate that American Express Company will post 15.33 earnings per share for the current fiscal year.

American Express Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 8th. Stockholders of record on Thursday, July 3rd were given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, July 3rd. American Express's payout ratio is currently 23.02%.

Analyst Upgrades and Downgrades

AXP has been the subject of a number of analyst reports. William Blair reissued an "outperform" rating on shares of American Express in a research report on Wednesday, July 2nd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of American Express from $371.00 to $375.00 and gave the company a "buy" rating in a report on Monday, July 21st. Morgan Stanley boosted their target price on shares of American Express from $250.00 to $311.00 and gave the company an "equal weight" rating in a report on Thursday, July 10th. Citigroup restated a "neutral" rating and issued a $327.00 target price (up from $300.00) on shares of American Express in a report on Wednesday, July 2nd. Finally, Barclays boosted their target price on shares of American Express from $249.00 to $297.00 and gave the company an "equal weight" rating in a report on Tuesday, July 8th. Eight equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, American Express presently has a consensus rating of "Hold" and a consensus target price of $313.45.

Institutional Investors Weigh In On American Express

Institutional investors have recently bought and sold shares of the business. Principal Financial Group Inc. grew its stake in American Express by 5.5% during the first quarter. Principal Financial Group Inc. now owns 680,308 shares of the payment services company's stock worth $183,037,000 after buying an additional 35,295 shares during the period. Pinnacle Financial Partners Inc boosted its stake in shares of American Express by 1.4% in the first quarter. Pinnacle Financial Partners Inc now owns 167,534 shares of the payment services company's stock valued at $45,243,000 after purchasing an additional 2,259 shares during the period. R Squared Ltd purchased a new position in shares of American Express in the first quarter valued at $509,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of American Express by 6.4% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 94,458 shares of the payment services company's stock valued at $25,088,000 after purchasing an additional 5,693 shares during the period. Finally, Navis Wealth Advisors LLC boosted its stake in shares of American Express by 368.7% in the first quarter. Navis Wealth Advisors LLC now owns 3,548 shares of the payment services company's stock valued at $955,000 after purchasing an additional 2,791 shares during the period. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other American Express news, insider Laureen Seeger sold 61,721 shares of the stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $297.47, for a total transaction of $18,360,145.87. Following the transaction, the insider directly owned 9,001 shares in the company, valued at $2,677,527.47. This represents a 87.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Glenda G. Mcneal sold 50,000 shares of the business's stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $309.50, for a total transaction of $15,475,000.00. Following the completion of the sale, the insider directly owned 10,957 shares of the company's stock, valued at $3,391,191.50. The trade was a 82.03% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 269,996 shares of company stock valued at $85,261,270. Corporate insiders own 0.20% of the company's stock.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

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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