Bramshill Investments LLC Buys Shares of 1,500 American Express (NYSE:AXP)

05 May 2025, 08:06 by Scott Moore · The Cerbat Gem

Bramshill Investments LLC acquired a new stake in American Express (NYSE:AXP – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,500 shares of the payment services company’s stock, valued at approximately $445,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. World Investment Advisors LLC increased its position in shares of American Express by 430.6% during the third quarter. World Investment Advisors LLC now owns 4,765 shares of the payment services company’s stock valued at $1,292,000 after purchasing an additional 3,867 shares during the period. Franklin Resources Inc. increased its holdings in American Express by 6.5% in the 3rd quarter. Franklin Resources Inc. now owns 575,969 shares of the payment services company’s stock valued at $159,267,000 after buying an additional 35,211 shares during the period. Principal Financial Group Inc. raised its stake in shares of American Express by 4.5% in the 3rd quarter. Principal Financial Group Inc. now owns 653,012 shares of the payment services company’s stock valued at $177,097,000 after buying an additional 28,371 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of American Express by 12.7% during the 4th quarter. Nordea Investment Management AB now owns 2,203,772 shares of the payment services company’s stock worth $655,137,000 after acquiring an additional 247,864 shares during the period. Finally, Doliver Advisors LP boosted its position in shares of American Express by 3.6% during the 4th quarter. Doliver Advisors LP now owns 3,633 shares of the payment services company’s stock valued at $1,078,000 after acquiring an additional 125 shares in the last quarter. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Ravikumar Radhakrishnan sold 9,485 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $319.17, for a total value of $3,027,327.45. Following the transaction, the insider now owns 13,500 shares in the company, valued at approximately $4,308,795. This represents a 41.27 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael J. Angelakis acquired 3,700 shares of the business’s stock in a transaction on Friday, March 7th. The shares were bought at an average price of $269.89 per share, with a total value of $998,593.00. Following the completion of the transaction, the director now directly owns 3,700 shares of the company’s stock, valued at approximately $998,593. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.20% of the company’s stock.

American Express Stock Performance

AXP stock opened at $277.11 on Monday. American Express has a 1-year low of $220.43 and a 1-year high of $326.28. The company has a current ratio of 1.58, a quick ratio of 1.57 and a debt-to-equity ratio of 1.64. The business’s 50-day moving average price is $264.59 and its two-hundred day moving average price is $286.96. The firm has a market cap of $194.14 billion, a PE ratio of 19.78, a P/E/G ratio of 1.41 and a beta of 1.23.

American Express (NYSE:AXP – Get Free Report) last announced its earnings results on Thursday, April 17th. The payment services company reported $3.64 EPS for the quarter, topping the consensus estimate of $3.47 by $0.17. American Express had a net margin of 15.36% and a return on equity of 32.65%. The business had revenue of $16.97 billion during the quarter, compared to analysts’ expectations of $17.04 billion. During the same quarter in the prior year, the company posted $3.33 earnings per share. As a group, research analysts forecast that American Express will post 15.33 earnings per share for the current year.

American Express Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, April 4th will be given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Friday, April 4th. This is an increase from American Express’s previous quarterly dividend of $0.70. American Express’s dividend payout ratio (DPR) is 22.91%.

Analyst Ratings Changes

A number of research analysts have commented on the stock. UBS Group raised their price target on shares of American Express from $283.00 to $320.00 and gave the stock a “neutral” rating in a research note on Monday, January 13th. William Blair reaffirmed an “outperform” rating on shares of American Express in a research note on Monday, April 21st. Redburn Atlantic upgraded American Express from a “sell” rating to a “neutral” rating and dropped their price objective for the stock from $270.00 to $255.00 in a research note on Wednesday, April 23rd. Baird R W upgraded shares of American Express from a “strong sell” rating to a “hold” rating in a research note on Friday, March 14th. Finally, Truist Financial dropped their target price on shares of American Express from $340.00 to $315.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, sixteen have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $295.05.

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