2,486 Shares in American Express Company $AXP Purchased by Ninety One SA Pty Ltd

Ninety One SA Pty Ltd purchased a new stake in American Express Company (NYSE:AXP) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,486 shares of the payment services company’s stock, valued at approximately $762,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Onyx Bridge Wealth Group LLC increased its stake in shares of American Express by 3.6% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 869 shares of the payment services company’s stock worth $263,000 after purchasing an additional 30 shares in the last quarter. Crown Wealth Group LLC raised its holdings in American Express by 5.2% in the 1st quarter. Crown Wealth Group LLC now owns 669 shares of the payment services company’s stock worth $202,000 after purchasing an additional 33 shares during the period. KRS Capital Management LLC raised its holdings in American Express by 0.6% in the 1st quarter. KRS Capital Management LLC now owns 5,633 shares of the payment services company’s stock worth $1,704,000 after purchasing an additional 35 shares during the period. Allegheny Financial Group lifted its position in American Express by 0.9% during the first quarter. Allegheny Financial Group now owns 3,956 shares of the payment services company’s stock valued at $1,197,000 after purchasing an additional 35 shares in the last quarter. Finally, Valmark Advisers Inc. lifted its position in American Express by 1.9% during the first quarter. Valmark Advisers Inc. now owns 1,878 shares of the payment services company’s stock valued at $568,000 after purchasing an additional 35 shares in the last quarter. 84.33% of the stock is owned by institutional investors and hedge funds.

American Express Price Performance

American Express stock traded up $5.54 during mid-day trading on Thursday, hitting $312.49. The stock had a trading volume of 1,198,132 shares, compared to its average volume of 3,227,521. The firm has a market capitalization of $211.02 billion, a P/E ratio of 18.94, a P/E/G ratio of 1.34 and a beta of 1.08. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66. The firm’s 50 day moving average is $322.25 and its 200 day moving average is $325.22. American Express Company has a one year low of $290.97 and a one year 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, beating analysts’ consensus estimates of $4.41 by $0.12. American Express had a return on equity of 34.12% and a net margin of 15.07%. The business had revenue of $14.99 billion for the quarter, compared to analysts’ expectations of $19.70 billion. During the same period last year, the firm earned $4.08 earnings per share. The business’s quarterly 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. On average, sell-side 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 announced a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, October 9th. American Express’s dividend payout ratio (DPR) is 23.06%.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Royal Bank Of Canada reduced their price target on American Express from $415.00 to $400.00 and set an “outperform” rating for the company in a research report on Friday, October 9th. Benchmark initiated coverage on American Express in a research report on Monday, July 13th. They set a “buy” rating on the stock. Evercore set a $320.00 price objective on American Express in a research report on Thursday, October 1st. Loop Capital cut their price objective on American Express from $389.00 to $386.00 and set a “buy” rating for the company in a research note on Monday, July 27th. Finally, HSBC increased their target price on shares of American Express from $312.00 to $329.00 and gave the stock a “hold” rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $365.63.

American Express News Roundup

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

• Positive Sentiment: Value-oriented investors see upside: Harris Oakmark’s third-quarter investor letter highlighted American Express as a compelling large-cap investment, suggesting confidence in the company’s long-term earnings power and valuation. What Makes American Express a Compelling Bet?
• Positive Sentiment: Growth at a relatively modest multiple: Analysts note that American Express raised its full-year revenue outlook in its latest quarterly report, while the stock has cooled despite double-digit revenue growth. Its latest results also showed adjusted EPS of $4.53, above the $4.41 consensus, and revenue growth of 10% year over year. American Express Double-Digit Growth at a Below-Average Multiple
• Positive Sentiment: AI commerce could add a new growth avenue: American Express is developing AI-powered payment security and its “Proof of Intent” token to support agent-led purchases. If successful, the technology could reduce fraud, protect transactions and increase payment volumes as agentic checkout expands. Can American Express Turn AI Commerce Into a New Growth Driver?
• Positive Sentiment: Brokerage targets imply potential upside: American Express has a consensus price target of $365.63, well above the trading level cited in the market update, indicating that analysts collectively see room for appreciation. American Express Consensus Target Price
• Neutral Sentiment: Marketing partnership: Rakuten launched a limited-edition Naruto Shippuden design for the Rakuten American Express Card. The promotion may support customer engagement, but its direct financial effect on AXP is likely limited. Rakuten Naruto Shippuden American Express Card
• Negative Sentiment: Regulatory costs remain an overhang: Coverage highlights a recent $350 million AML fine, which could weigh on earnings, compliance expenses and investor sentiment even though American Express continues to generate strong returns on equity. American Express Stock May Sit Below Fair Value As AML Fine Lands

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.