American Express Company $AXP Shares Bought by Mirador Capital Partners LP

Mirador Capital Partners LP boosted its position in American Express Company (NYSE:AXP) by 1,922.4% during the third quarter, HoldingsChannel reports. The fund owned 12,741 shares of the payment services company’s stock after buying an additional 12,111 shares during the quarter. Mirador Capital Partners LP’s holdings in American Express were worth $3,875,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in AXP. Archer Investment Corp purchased a new position in shares of American Express in the second quarter worth about $25,000. Lifetime Wealth Management P.C. bought a new position in American Express in the 4th quarter worth approximately $33,000. Elevation Wealth Partners LLC boosted its holdings in American Express by 78.8% in the 3rd quarter. Elevation Wealth Partners LLC now owns 93 shares of the payment services company’s stock worth $28,000 after buying an additional 41 shares during the period. Cedar Mountain Advisors LLC grew its stake in American Express by 58.3% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company’s stock valued at $32,000 after buying an additional 35 shares in the last quarter. Finally, Frazier Financial Advisors LLC purchased a new position in American Express in the 2nd quarter valued at approximately $33,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

American Express Stock Performance

Shares of NYSE:AXP opened at $308.18 on Friday. 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 company has a 50-day moving average price of $324.50 and a 200-day moving average price of $324.87. The company has a market cap of $208.12 billion, a price-to-earnings ratio of 18.70, a price-to-earnings-growth ratio of 1.33 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 posted its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.41 by $0.12. The company had revenue of $14.99 billion for the quarter, compared to analysts’ expectations of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%. American Express’s quarterly revenue was up 10.0% on a year-over-year basis. 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. As a group, equities analysts anticipate that American Express Company will post 17.67 EPS for the current year.

American Express Dividend Announcement

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

Key American Express News

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

• Positive Sentiment: BMO initiated coverage with a $380 price target, while Royal Bank of Canada maintained an Outperform rating and lowered its target from $415 to $400. Analysts cited continued growth in American Express’s premium customer base and the company’s ability to sustain revenue and earnings expansion despite intensifying competition. American Express Has More Room to Run Despite Rising Competition, Analyst Says
• Positive Sentiment: American Express launched a new corporate platform and continues investing in business and merchant tools, including guidance on how companies can use artificial intelligence. These initiatives could support corporate spending and strengthen longer-term customer relationships. American Express Launches New Corporate Platform
• Neutral Sentiment: American Express is scheduled to report quarterly results on October 23. Investors will look for evidence that premium-card growth, spending trends and earnings guidance can offset the regulatory setback. The company previously reported earnings above expectations and maintained fiscal 2026 EPS guidance of $17.30 to $17.90.
• Negative Sentiment: The Office of the Comptroller of the Currency and Federal Reserve fined American Express $350 million and issued regulatory orders over significant anti-money-laundering control failures. Regulators said inadequate resources, inexperienced personnel, weak training and internal-control gaps left approximately $13 billion in potentially suspicious activity insufficiently monitored or reported over nearly 11 years. The penalty creates a direct financial cost and raises concerns about compliance spending, reputational damage and potential additional oversight. OCC Assesses $350 Million Civil Money Penalty Against American Express

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on AXP shares. JPMorgan Chase & Co. upgraded American Express from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $328.00 to $400.00 in a research report on Monday, July 13th. Jefferies Financial Group raised shares of American Express from a “hold” rating to a “buy” rating in a report on Monday, July 13th. Royal Bank Of Canada cut their price objective on American Express from $415.00 to $400.00 and set an “outperform” rating for the company in a report on Friday. Benchmark started coverage on American Express in a research report on Monday, July 13th. They set a “buy” rating on the stock. Finally, Piper Sandler raised their price objective on American Express from $396.00 to $405.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, American Express currently has a consensus rating of “Hold” and an average target price of $364.52.

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.