American Express Company $AXP Stock Holdings Reduced by Chilton Capital Management LLC

Chilton Capital Management LLC lessened its stake in shares of American Express Company (NYSE:AXP) by 0.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 121,608 shares of the payment services company’s stock after selling 256 shares during the period. American Express accounts for 1.4% of Chilton Capital Management LLC’s portfolio, making the stock its 21st largest holding. Chilton Capital Management LLC’s holdings in American Express were worth $38,791,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of AXP. Briaud Financial Planning Inc bought a new position in American Express in the second quarter worth $26,000. MorganRosel Wealth Management LLC acquired a new position in American Express in the first quarter worth $29,000. Hughes Financial Services LLC acquired a new position in American Express during the 1st quarter worth about $35,000. 1 North Wealth Services LLC acquired a new stake in shares of American Express during the first quarter worth $37,000. Finally, Chung Wu Investment Group LLC acquired a new position in American Express in the second quarter valued at about $37,000. Institutional investors own 84.33% of the company’s stock.

American Express Price Performance

AXP opened at $357.29 on Friday. The stock’s 50 day moving average price is $330.62 and its 200-day moving average price is $306.39. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.69 and a current ratio of 1.61. The stock has a market capitalization of $246.12 billion, a PE ratio of 23.98, a price-to-earnings-growth ratio of 1.85 and a beta of 1.29. American Express Company has a 52-week low of $220.43 and a 52-week high of $362.32.

American Express (NYSE:AXP) last issued its quarterly earnings results on Friday, October 17th. The payment services company reported $4.14 EPS for the quarter, topping analysts’ consensus estimates of $3.98 by $0.16. American Express had a return on equity of 33.41% and a net margin of 14.97%.The firm had revenue of $18.43 billion for the quarter, compared to analysts’ expectations of $18.03 billion. During the same period in the previous year, the firm posted $3.49 EPS. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. American Express has set its FY 2025 guidance at 15.200-15.500 EPS. On average, equities research analysts predict that American Express Company will post 15.33 EPS for the current year.

American Express Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 10th. Shareholders of record on Friday, October 10th will be given a dividend of $0.82 per share. The ex-dividend date is Friday, October 10th. This represents a $3.28 annualized dividend and a yield of 0.9%. American Express’s dividend payout ratio (DPR) is 22.01%.

Insider Transactions at American Express

In other news, insider Laureen Seeger sold 61,721 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $297.47, for a total transaction of $18,360,145.87. Following the transaction, the insider owned 9,001 shares of the company’s stock, valued at approximately $2,677,527.47. This represents a 87.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Anna Marrs sold 5,500 shares of the firm’s stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $310.77, for a total transaction of $1,709,235.00. Following the completion of the sale, the insider owned 20,311 shares of the company’s stock, valued at approximately $6,312,049.47. This trade represents a 21.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 277,511 shares of company stock worth $87,909,279 in the last quarter. Company insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. William Blair reissued an “outperform” rating on shares of American Express in a research report on Wednesday, July 2nd. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of American Express from $371.00 to $375.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Wells Fargo & Company lifted their target price on American Express from $375.00 to $400.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. UBS Group lifted their price objective on American Express from $330.00 to $340.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 7th. Finally, Morgan Stanley boosted their price target on American Express from $311.00 to $362.00 and gave the company an “equal weight” rating in a research note on Monday, September 29th. Nine investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, American Express presently has a consensus rating of “Hold” and an average price target of $332.65.

American Express 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.