Northwestern Mutual Wealth Management Co. Sells 201,131 Shares of American Express Company $AXP

Northwestern Mutual Wealth Management Co. cut its stake in American Express Company (NYSE:AXP) by 87.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,589 shares of the payment services company’s stock after selling 201,131 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in American Express were worth $10,207,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of AXP. Brighton Jones LLC raised its position in shares of American Express by 24.4% in the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock valued at $1,924,000 after purchasing an additional 1,273 shares during the period. Sivia Capital Partners LLC raised its stake in American Express by 13.0% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock worth $554,000 after purchasing an additional 200 shares in the last quarter. Schnieders Capital Management LLC. acquired a new stake in American Express in the 2nd quarter worth about $428,000. Howland Capital Management LLC raised its stake in American Express by 4.2% in the 2nd quarter. Howland Capital Management LLC now owns 2,216 shares of the payment services company’s stock worth $707,000 after purchasing an additional 90 shares in the last quarter. Finally, HUB Investment Partners LLC raised its stake in American Express by 19.9% in the 2nd quarter. HUB Investment Partners LLC now owns 2,898 shares of the payment services company’s stock worth $924,000 after purchasing an additional 481 shares in the last quarter. 84.33% of the stock is owned by institutional investors.

American Express Price Performance

AXP stock opened at $309.93 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. American Express Company has a 12 month low of $281.46 and a 12 month high of $387.49. The firm has a market cap of $211.48 billion, a P/E ratio of 19.33, a P/E/G ratio of 1.26 and a beta of 1.08. The company’s 50-day moving average price is $311.23 and its two-hundred day moving average price is $340.89.

American Express (NYSE:AXP) last released its earnings results on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, beating the consensus estimate of $4.01 by $0.27. American Express had a net margin of 15.13% and a return on equity of 33.95%. The firm had revenue of $14.22 billion for the quarter, compared to analyst estimates of $18.60 billion. During the same period last year, the firm 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 anticipate that American Express Company will post 17.59 earnings per share for the current fiscal year.

American Express Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 3rd were issued a $0.95 dividend. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $3.80 annualized dividend and a yield of 1.2%. This is an increase from American Express’s previous quarterly dividend of $0.82. American Express’s payout ratio is 23.71%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on AXP. Truist Financial dropped their price objective on shares of American Express from $400.00 to $360.00 and set a “buy” rating for the company in a research note on Monday, March 23rd. BTIG Research reiterated a “sell” rating and issued a $285.00 price objective on shares of American Express in a research note on Friday, April 24th. Morgan Stanley dropped their price objective on shares of American Express from $395.00 to $385.00 and set an “equal weight” rating for the company in a research note on Thursday, April 16th. Royal Bank Of Canada set a $415.00 price objective on shares of American Express in a research note on Friday, April 10th. Finally, Barclays dropped their price objective on shares of American Express from $323.00 to $322.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $359.05.

American Express News Roundup

Here are the key news stories impacting American Express this week:

• Positive Sentiment: American Express announced a strategic partnership with Fanatics that includes a co-branded Fanatics American Express card, exclusive fan experiences, and broader payment acceptance across select Fanatics channels, which could help drive new card acquisitions and spending volume. Article Title
• Positive Sentiment: AmEx expanded its sports-commerce strategy with Fanatics through a rewards integration and new card offering, reinforcing its premium brand and loyalty ecosystem. Article Title
• Positive Sentiment: Multiple commentary pieces pointed to American Express as one of Warren Buffett’s favorite long-term holdings, which can support investor confidence in AXP’s durable business model and valuation. Article Title
• Positive Sentiment: American Express and Main Street America awarded more than $10 million in grants to over 500 small businesses, underscoring the company’s ongoing support for Main Street merchants and small-business relationships. Article Title

About American Express

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.