RDA Financial Network Makes New $2.18 Million Investment in American Express Company $AXP

RDA Financial Network acquired a new position in shares of American Express Company (NYSE:AXP) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 7,167 shares of the payment services company’s stock, valued at approximately $2,179,000.

A number of other hedge funds have also modified their holdings of the stock. BlackRock Inc. purchased a new stake in shares of American Express during the second quarter valued at $14,208,662,000. State Street Corp raised its holdings in American Express by 40.2% during 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 holdings in American Express by 8.4% during 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. Corient Private Wealth LP lifted its stake in American Express by 492.2% during the second quarter. Corient Private Wealth LP now owns 4,771,292 shares of the payment services company’s stock valued at $1,613,890,000 after buying an additional 3,965,582 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in American Express during the second quarter valued at about $1,263,787,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Key American Express News

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

Analysts Set New Price Targets

Several brokerages have commented on AXP. Royal Bank Of Canada decreased their target price on shares of American Express from $415.00 to $400.00 and set an “outperform” rating for the company in a report on Friday, October 9th. Truist Financial cut their price target on shares of American Express from $375.00 to $370.00 and set a “buy” rating on the stock in a report on Wednesday, September 23rd. HSBC upped their price target on shares of American Express from $312.00 to $329.00 and gave the company a “hold” rating in a research report on Monday, July 13th. DZ Bank raised shares of American Express from a “hold” rating to a “buy” rating and set a $375.00 price objective for the company in a research note on Thursday, June 18th. Finally, The Goldman Sachs Group lifted their price objective on shares of American Express from $400.00 to $410.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. 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 company’s stock. Based on data from MarketBeat, American Express has a consensus rating of “Moderate Buy” and a consensus price target of $365.63.

American Express Stock Up 1.9%

NYSE AXP traded up $5.88 during trading on Thursday, reaching $312.83. 1,235,595 shares of the company’s stock were exchanged, compared to its average volume of 3,227,765. American Express Company has a fifty-two week low of $290.97 and a fifty-two week high of $387.49. The firm has a market capitalization of $211.25 billion, a PE ratio of 18.98, 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 company’s fifty day simple moving average is $322.25 and its 200-day simple moving average is $325.22.

American Express (NYSE:AXP) last posted its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (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 analyst estimates of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. The firm’s revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Sell-side analysts predict that American Express Company will post 17.65 EPS for the current year.

American Express Announces Dividend

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

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.