William Blair Reiterates “Outperform” Rating for American Express (NYSE:AXP)

American Express (NYSE:AXP)‘s stock had its “outperform” rating reaffirmed by analysts at William Blair in a research report issued on Monday,RTT News reports. William Blair also issued estimates for American Express’ Q1 2025 earnings at $3.47 EPS, Q2 2025 earnings at $4.07 EPS, Q3 2025 earnings at $4.03 EPS, Q4 2025 earnings at $3.62 EPS, FY2025 earnings at $15.19 EPS and FY2026 earnings at $17.23 EPS.

Several other equities analysts also recently weighed in on AXP. Morgan Stanley boosted their target price on American Express from $305.00 to $310.00 and gave the company an “equal weight” rating in a research report on Monday. Compass Point increased their target price on shares of American Express from $315.00 to $325.00 and gave the company a “neutral” rating in a research note on Thursday, December 19th. JPMorgan Chase & Co. raised their target price on shares of American Express from $301.00 to $307.00 and gave the stock a “neutral” rating in a report on Tuesday, January 14th. Keefe, Bruyette & Woods increased their price objective on shares of American Express from $350.00 to $360.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, StockNews.com upgraded American Express from a “hold” rating to a “buy” rating in a research report on Saturday, January 11th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $291.50.

Read Our Latest Stock Analysis on AXP

American Express Price Performance

AXP stock opened at $317.24 on Monday. American Express has a 52 week low of $199.07 and a 52 week high of $326.27. The firm has a market capitalization of $223.48 billion, a P/E ratio of 23.34, a price-to-earnings-growth ratio of 1.51 and a beta of 1.23. The company has a fifty day simple moving average of $302.97 and a two-hundred day simple moving average of $275.72. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 1.80.

American Express (NYSE:AXPGet Free Report) last announced its quarterly earnings results on Friday, January 24th. The payment services company reported $3.04 EPS for the quarter, beating analysts’ consensus estimates of $3.00 by $0.04. American Express had a net margin of 15.32% and a return on equity of 32.46%. Analysts anticipate that American Express will post 13.4 earnings per share for the current fiscal year.

Insider Buying and Selling

In other American Express news, CFO Caillec Christophe Le sold 6,000 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $303.48, for a total value of $1,820,880.00. Following the completion of the sale, the chief financial officer now owns 6,433 shares of the company’s stock, valued at approximately $1,952,286.84. This trade represents a 48.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.12% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. World Investment Advisors LLC raised its stake in American Express by 430.6% in the 3rd quarter. World Investment Advisors LLC now owns 4,765 shares of the payment services company’s stock worth $1,292,000 after acquiring an additional 3,867 shares during the last quarter. XML Financial LLC increased its holdings in shares of American Express by 9.8% in the third quarter. XML Financial LLC now owns 1,127 shares of the payment services company’s stock valued at $306,000 after purchasing an additional 101 shares during the period. LVM Capital Management Ltd. MI raised its stake in shares of American Express by 3.1% in the fourth quarter. LVM Capital Management Ltd. MI now owns 86,344 shares of the payment services company’s stock worth $25,626,000 after purchasing an additional 2,557 shares during the last quarter. Nordea Investment Management AB lifted its holdings in shares of American Express by 12.7% during the fourth quarter. Nordea Investment Management AB now owns 2,203,772 shares of the payment services company’s stock worth $655,137,000 after purchasing an additional 247,864 shares during the period. Finally, Founders Grove Wealth Partners LLC purchased a new stake in American Express in the fourth quarter valued at approximately $298,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.

About American Express

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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.

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