Hemenway Trust Co LLC significantly increased its stake in American Express (AXP) by 52.2% in Q3, now owning 31,339 shares valued at $10.41 million. This increase comes amidst recent insider selling by executives Anna Marrs and Denise Pickett, who collectively sold over 50,000 shares worth $17.9 million. Analysts maintain a “Hold” rating for AXP with a consensus target price of $352.73, while the company anticipates strong FY2026 EPS guidance.
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Hemenway Trust Co LLC Has $10.41 Million Position in American Express Company $AXP
Hemenway Trust Co LLC significantly increased its stake in American Express (AXP) by 52.2% in Q3, now owning 31,339 shares valued at $10.41 million. This increase comes amidst recent insider selling by executives Anna Marrs and Denise Pickett, who collectively sold over 50,000 shares worth $17.9 million. Analysts maintain a “Hold” rating for AXP with a consensus target price of $352.73, while the company anticipates strong FY2026 EPS guidance.