Sanders Morris Harris LLC Invests $1.17 Million in American Express Company $AXP

17 Dec 2025, 07:18 by Teresa Graham · The Cerbat Gem

Sanders Morris Harris LLC purchased a new stake in shares of American Express Company (NYSE:AXP) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,531 shares of the payment services company’s stock, valued at approximately $1,173,000.

A number of other hedge funds also recently added to or reduced their stakes in AXP. Brighton Jones LLC boosted its position in shares of American Express by 24.4% during the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock valued at $1,924,000 after buying an additional 1,273 shares during the last quarter. Aptus Capital Advisors LLC lifted its stake in American Express by 10.0% during the 1st quarter. Aptus Capital Advisors LLC now owns 10,495 shares of the payment services company’s stock valued at $2,824,000 after acquiring an additional 952 shares during the period. Quantbot Technologies LP purchased a new stake in shares of American Express during the 1st quarter valued at about $2,642,000. Bank OZK boosted its holdings in shares of American Express by 20.4% during the 1st quarter. Bank OZK now owns 8,964 shares of the payment services company’s stock valued at $2,412,000 after acquiring an additional 1,521 shares during the last quarter. Finally, Sumitomo Mitsui Financial Group Inc. bought a new stake in shares of American Express in the first quarter worth approximately $15,591,000. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AXP. Morgan Stanley set a $370.00 price objective on shares of American Express in a research report on Tuesday. Wolfe Research began coverage on American Express in a report on Monday, December 8th. They set a “peer perform” rating on the stock. Keefe, Bruyette & Woods raised their price target on American Express from $371.00 to $394.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 1st. Compass Point reiterated a “neutral” rating and set a $324.00 price objective on shares of American Express in a research report on Monday, October 20th. Finally, UBS Group increased their target price on American Express from $330.00 to $340.00 and gave the company a “neutral” rating in a report on Tuesday, October 7th. Eight research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, American Express has an average rating of “Hold” and a consensus target price of $333.05.

View Our Latest Research Report on AXP

American Express Trading Down 0.4%

NYSE:AXP opened at $380.99 on Wednesday. American Express Company has a one year low of $220.43 and a one year high of $387.49. The business has a fifty day moving average price of $356.87 and a 200-day moving average price of $329.81. The firm has a market capitalization of $262.45 billion, a price-to-earnings ratio of 25.57, a price-to-earnings-growth ratio of 1.72 and a beta of 1.14. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.61 and a quick ratio of 1.59.

American Express (NYSE:AXP – Get Free Report) last released its quarterly earnings results on Friday, October 17th. The payment services company reported $4.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.98 by $0.16. The business had revenue of $17.14 billion during the quarter, compared to analyst estimates of $18.03 billion. American Express had a return on equity of 33.41% and a net margin of 14.97%.American Express’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.49 earnings per share. American Express has set its FY 2025 guidance at 15.200-15.500 EPS. Sell-side analysts forecast that American Express Company will post 15.33 EPS for the current year.

American Express Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 10th. Investors of record on Friday, October 10th were issued a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Friday, October 10th. American Express’s dividend payout ratio is currently 22.01%.

Insiders Place Their Bets

In related news, insider Denise Pickett sold 5,000 shares of the company’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $350.73, for a total value of $1,753,650.00. Following the completion of the transaction, the insider owned 7,726 shares of the company’s stock, valued at approximately $2,709,739.98. This represents a 39.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CMO Elizabeth Rutledge sold 50,000 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $360.21, for a total value of $18,010,500.00. Following the sale, the chief marketing officer directly owned 85,577 shares in the company, valued at approximately $30,825,691.17. This represents a 36.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 57,515 shares of company stock worth $20,658,509. Company insiders own 0.20% of the company’s stock.

American Express Profile

(Free Report)

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.