American Express Company $AXP Shares Bought by Journey Retirement Planning & Investment Management LLC

Journey Retirement Planning & Investment Management LLC increased its holdings in American Express Company (NYSE:AXP) by 110.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,064 shares of the payment services company’s stock after purchasing an additional 2,132 shares during the period. American Express accounts for 0.8% of Journey Retirement Planning & Investment Management LLC’s investment portfolio, making the stock its 24th biggest position. Journey Retirement Planning & Investment Management LLC’s holdings in American Express were worth $1,236,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in American Express during the second quarter worth approximately $14,208,662,000. State Street Corp raised its position in shares of American Express by 40.2% in the 2nd quarter. State Street Corp now owns 40,967,262 shares of the payment services company’s stock worth $13,857,176,000 after buying an additional 11,739,541 shares during the period. Bank of America Corp DE raised its position in shares of American Express by 8.4% in the 2nd quarter. Bank of America Corp DE now owns 7,969,555 shares of the payment services company’s stock worth $2,695,702,000 after buying an additional 614,981 shares during the period. Nuveen LLC boosted its holdings in American Express by 6.0% in the fourth quarter. Nuveen LLC now owns 5,172,484 shares of the payment services company’s stock valued at $1,913,560,000 after acquiring an additional 293,107 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in American Express by 1.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,806,554 shares of the payment services company’s stock valued at $1,778,185,000 after acquiring an additional 83,083 shares during the period. 84.33% of the stock is currently owned by institutional investors and hedge funds.

American Express Stock Down 0.2%

Shares of AXP traded down $0.65 during midday trading on Friday, hitting $307.45. The company had a trading volume of 1,235,563 shares, compared to its average volume of 3,240,865. The stock has a market cap of $207.62 billion, a price-to-earnings ratio of 18.65, a PEG ratio of 1.31 and a beta of 1.08. The company’s 50 day moving average price is $325.07 and its 200 day moving average price is $324.99. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 1.66. American Express Company has a 52 week low of $290.97 and a 52 week high of $387.49.

American Express (NYSE:AXP) last posted its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, topping analysts’ consensus estimates of $4.41 by $0.12. The business had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%.The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period last year, the firm earned $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities research analysts predict that American Express Company will post 17.67 EPS for the current year.

American Express Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, October 9th. American Express’s dividend payout ratio is currently 23.06%.

Trending Headlines about American Express

Here are the key news stories impacting American Express this week:

• Positive Sentiment: Royal Bank of Canada maintained an “outperform” rating on American Express while lowering its price target from $415 to $400. The revised target still implies substantial upside from recent trading levels. RBC American Express price target report
• Positive Sentiment: American Express continues investing in growth initiatives, including a new corporate platform and programs helping merchants prepare for AI-driven and “agentic” commerce. These efforts could support future payment volume and customer engagement, although their financial impact remains uncertain. American Express corporate platform article
• Neutral Sentiment: Investors are awaiting American Express’ quarterly results on October 23. Earnings will be important for assessing spending trends, credit quality and whether the company remains on track for its fiscal 2026 EPS guidance of $17.30 to $17.90.
• Negative Sentiment: The Office of the Comptroller of the Currency assessed a $350 million civil money penalty and issued a cease-and-desist order after identifying significant weaknesses in American Express’ enterprise-wide AML program, particularly at its national bank subsidiary. OCC penalty announcement
• Negative Sentiment: Regulators said the deficiencies persisted for nearly 11 years and left approximately $13 billion in suspected money-laundering activity inadequately monitored or reported. The direct financial penalty is manageable relative to American Express’ size, but remediation costs, enhanced oversight, reputational damage and potential restrictions on growth create longer-term risks. American Express AML penalty analysis

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. TD Cowen reduced their price objective on American Express from $338.00 to $335.00 and set a “hold” rating on the stock in a research note on Tuesday. Barclays dropped their price objective on shares of American Express from $364.00 to $342.00 and set an “equal weight” rating for the company in a research report on Monday. President Capital raised their target price on shares of American Express from $359.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. UBS Group decreased their price target on shares of American Express from $384.00 to $345.00 and set a “neutral” rating for the company in a research report on Monday. Finally, Loop Capital cut their price objective on American Express from $389.00 to $386.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, American Express presently has an average rating of “Hold” and an average price target of $364.52.

American Express Company Profile

American Express Company (NYSE: AXP) is a global financial services company that provides payment, lending, travel and related products to consumers, small businesses and corporate customers. Its offerings include consumer and business charge and credit cards, payment solutions, commercial financing, deposit products and rewards programs.

American Express also operates a worldwide merchant network and provides businesses with payment acceptance services, transaction-processing capabilities and data-driven marketing solutions.