American Express Company (NYSE:AXP) has been experiencing significant changes in stock activities as reported by various stakeholders. There have been decreases in stock holdings by certain asset management firms such as Meeder Asset Management Inc and Martin Investment Management. Conversely, other firms like GFI Investment Counsel Ltd, Arete Wealth Advisors LLC and OneAscent Financial Services LLC are increasing their stakes. Some insiders were selling AXP in the first quarter of 2025. The company's share price fell 12% in one week, however, the company remains attractive to investors and financial analysts. Jim Cramer lauded AXP as one of America's greatest companies, advising more purchases. The company has exhibited impressive financial performance, announcing a dividend increase to $0.82 and a record FY 2024 revenue rise of 9%. Following a successful year, AXP plans a 17% dividend hike. The trend indicates sustained growth with Wall Street analysts bullish on AXP. An advisory from AXP urges buying the dip, despite a recent decline. Furthermore, AXP announced the acquisition of an expense management software, Center, highlighting ongoing strategic growth.
American Express Company AXP News Analytics from Fri, 18 Oct 2024 07:00:00 GMT to Sat, 05 Apr 2025 19:06:37 GMT -
Rating 2
- Innovation -2
- Information 5
- Rumor -3
