American Express Company $AXP Stock Bought by N10 Wealth LLC

N10 Wealth LLC increased its holdings in American Express Company (NYSE:AXP) by 21.9% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 18,886 shares of the payment services company’s stock after buying an additional 3,387 shares during the quarter. American Express comprises approximately 1.6% of N10 Wealth LLC’s portfolio, making the stock its 22nd biggest position. N10 Wealth LLC’s holdings in American Express were worth $5,743,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Archer Investment Corp bought a new position in American Express during the second quarter valued at approximately $25,000. Elevation Wealth Partners LLC boosted its holdings in American Express by 78.8% in the third quarter. Elevation Wealth Partners LLC now owns 93 shares of the payment services company’s stock worth $28,000 after purchasing an additional 41 shares during the last quarter. Frazier Financial Advisors LLC grew its position in American Express by 66.7% in the 1st quarter. Frazier Financial Advisors LLC now owns 100 shares of the payment services company’s stock worth $30,000 after purchasing an additional 40 shares during the period. Evolution Wealth Management Inc. grew its position in American Express by 58.2% in the 1st quarter. Evolution Wealth Management Inc. now owns 106 shares of the payment services company’s stock worth $32,000 after purchasing an additional 39 shares during the period. Finally, Whipplewood Advisors LLC raised its stake in American Express by 2,550.0% during the 1st quarter. Whipplewood Advisors LLC now owns 106 shares of the payment services company’s stock valued at $32,000 after buying an additional 102 shares during the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

More American Express News

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

• Positive Sentiment: American Express introduced its “Intent Intelligence” framework to help authenticate and preserve customer authorization when artificial-intelligence agents make purchases. The initiative could strengthen Amex’s role in emerging “agentic commerce” by reducing unauthorized transactions, disputes and fraud risks. American Express Publishes Intent Intelligence Framework for Trusted Agentic Commerce
• Positive Sentiment: Analysts remain broadly constructive on American Express, with the reported consensus price target at $365.63. JPMorgan maintained an “overweight” rating and a $360 target, implying meaningful upside from recent trading levels, although it reduced its target from $400. American Express Company Stock Has Consensus Target Price of $365.63 According to Brokerages
• Positive Sentiment: Recent analysis highlights double-digit revenue growth and a below-average earnings multiple. American Express also raised its full-year revenue outlook in its latest quarterly report, supporting the case that the stock’s decline may have created a more attractive valuation for long-term investors. American Express Double-Digit Growth at a Below-Average Multiple
• Neutral Sentiment: American Express was named title sponsor of the inaugural Hong Kong Sail Grand Prix. The deal may support brand visibility and premium-card marketing, but its direct financial impact is unlikely to be material. American Express Named Title Sponsor of Inaugural Hong Kong Sail Grand Prix
• Negative Sentiment: The $350 million AML fine has shifted investor focus to regulatory compliance, potentially pressuring margins and raising questions about whether American Express’s returns on capital justify its valuation after a strong three-year share-price gain. American Express Stock May Sit Below Fair Value As AML Fine Lands

Analysts Set New Price Targets

Several research firms have recently weighed in on AXP. HSBC increased their price target on American Express from $312.00 to $329.00 and gave the company a “hold” rating in a report on Monday, July 13th. TD Cowen dropped their price target on American Express from $338.00 to $335.00 and set a “hold” rating on the stock in a research note on Tuesday, October 6th. Jefferies Financial Group raised American Express from a “hold” rating to a “buy” rating in a report on Monday, July 13th. Piper Sandler upped their price objective on American Express from $396.00 to $405.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Finally, UBS Group lowered their target price on American Express from $384.00 to $345.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $365.63.

American Express Stock Performance

Shares of AXP traded down $3.96 on Wednesday, reaching $305.88. The company’s stock had a trading volume of 1,102,746 shares, compared to its average volume of 3,229,312. The stock’s 50 day simple moving average is $323.10 and its two-hundred day simple moving average is $325.17. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.55 and a quick ratio of 1.54. The stock has a market capitalization of $206.56 billion, a P/E ratio of 18.57, a PEG ratio of 1.34 and a beta of 1.08. American Express Company has a 12-month low of $290.97 and a 12-month high of $387.49.

American Express (NYSE:AXP) last announced its earnings results on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, beating analysts’ consensus estimates of $4.41 by $0.12. American Express had a net margin of 15.07% and a return on equity of 34.12%. The business had revenue of $14.99 billion during the quarter, compared to analysts’ expectations of $19.70 billion. During the same period in the prior year, the company earned $4.08 earnings per share. The firm’s revenue was up 10.0% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts forecast that American Express Company will post 17.65 earnings per share for the current fiscal year.

American Express Dividend Announcement

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

American Express 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.