Praxis Investment Management Inc. Decreases Stock Position in American Express Company $AXP

17 Oct 2025, 14:06 by Michael Walen · The Markets Daily

Praxis Investment Management Inc. cut its stake in American Express Company (NYSE:AXP – Free Report) by 4.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,794 shares of the payment services company’s stock after selling 700 shares during the period. Praxis Investment Management Inc.’s holdings in American Express were worth $5,038,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of American Express by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 45,843,893 shares of the payment services company’s stock valued at $12,334,299,000 after buying an additional 605,900 shares during the period. Wellington Management Group LLP lifted its stake in American Express by 13.7% in the first quarter. Wellington Management Group LLP now owns 18,025,562 shares of the payment services company’s stock worth $4,849,777,000 after acquiring an additional 2,168,445 shares during the last quarter. Nuveen LLC purchased a new position in American Express in the first quarter worth approximately $1,454,667,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in American Express by 1.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,093,807 shares of the payment services company’s stock worth $1,370,489,000 after acquiring an additional 78,538 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in American Express by 25.5% in the first quarter. Goldman Sachs Group Inc. now owns 4,752,690 shares of the payment services company’s stock worth $1,278,711,000 after acquiring an additional 965,221 shares during the last quarter. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on AXP. Barclays lifted their price objective on shares of American Express from $297.00 to $336.00 and gave the stock a “cautious” rating in a research report on Monday, October 6th. Deutsche Bank Aktiengesellschaft lifted their price target on American Express from $371.00 to $375.00 and gave the stock a “buy” rating in a report on Monday, July 21st. DZ Bank downgraded American Express from a “hold” rating to a “sell” rating in a report on Monday, July 21st. Monness Crespi & Hardt cut American Express from a “buy” rating to a “neutral” rating in a research note on Tuesday, July 15th. Finally, William Blair restated an “outperform” rating on shares of American Express in a research note on Wednesday, July 2nd. Nine analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, American Express presently has an average rating of “Hold” and a consensus target price of $323.60.

Read Our Latest Report on AXP

American Express Stock Down 2.1%

American Express stock opened at $323.60 on Friday. American Express Company has a fifty-two week low of $220.43 and a fifty-two week high of $349.19. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.60 and a current ratio of 1.61. The company has a market capitalization of $225.19 billion, a P/E ratio of 22.71, a PEG ratio of 1.73 and a beta of 1.29. The stock has a 50-day simple moving average of $324.66 and a 200-day simple moving average of $301.57.

American Express (NYSE:AXP – Get Free Report) last issued 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. American Express had a return on equity of 32.87% and a net margin of 14.78%.The company had revenue of $17.86 billion during the quarter, compared to analysts’ expectations of $17.70 billion. During the same quarter in the previous year, the business earned $3.49 earnings per share. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. Equities research analysts expect that American Express Company will post 15.33 earnings per share for the current year.

American Express Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 10th. Stockholders of record on Friday, October 10th will be issued 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 is Friday, October 10th. American Express’s dividend payout ratio is presently 23.02%.

Insiders Place Their Bets

In other news, insider Glenda G. Mcneal sold 50,000 shares of the company’s stock in a transaction that occurred on 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 owned 10,957 shares in the company, valued at $3,391,191.50. This represents a 82.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Laureen Seeger sold 16,998 shares of the company’s stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $294.83, for a total transaction of $5,011,520.34. Following the transaction, the insider owned 9,001 shares of the company’s stock, valued at approximately $2,653,764.83. The trade was a 65.38% 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. 0.20% of the stock is owned by insiders.

American Express Profile

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