American Express Company $AXP Stock Holdings Lessened by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC reduced its holdings in American Express Company (NYSE:AXP) by 16.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,536 shares of the payment services company’s stock after selling 4,887 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in American Express were worth $7,766,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Archer Investment Corp acquired a new stake in American Express during the 2nd quarter valued at $25,000. Lifetime Wealth Management P.C. acquired a new position in American Express in the fourth quarter worth $33,000. Elevation Wealth Partners LLC boosted its stake 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 in the last quarter. Cedar Mountain Advisors LLC grew its holdings in shares of American Express by 58.3% during the second quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company’s stock worth $32,000 after purchasing an additional 35 shares during the last quarter. Finally, Frazier Financial Advisors LLC bought a new stake in shares of American Express during the second quarter worth $33,000. 84.33% of the stock is currently owned by institutional investors.

American Express News Summary

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

• Positive Sentiment: Strong consumer spending—particularly among affluent customers—continues to support American Express’s payment volumes and earnings outlook. Analysts also point to Wall Street wealth effects as a potential tailwind for discretionary spending. 3 Stocks to Watch as Wall Street Wealth Fuels Consumer Spending
• Positive Sentiment: American Express is expected to benefit from rising interest income, with consensus estimates calling for year-over-year earnings growth in the upcoming quarterly report. The company’s full-year 2026 EPS guidance remains $17.30 to $17.90. Will Rising Expenses Affect American Express’ Q3 Earnings?
• Positive Sentiment: The Rakuten American Express Card received a limited-edition NARUTO SHIPPUDEN design, helping refresh the card’s marketing appeal while retaining its existing cash-back rewards and benefits. Rakuten Introduces Limited Edition NARUTO SHIPPUDEN Credit Card Design
• Neutral Sentiment: American Express is developing AI-powered payment security for purchases initiated by autonomous shopping agents. The technology could support future transaction growth, but its financial impact is not yet clear. Can American Express Turn AI Commerce Into a New Growth Driver?
• Negative Sentiment: Higher operating expenses are expected to pressure margins and may offset some of the benefit from stronger spending and interest income. Zacks also indicates that AXP lacks the typical combination of factors supporting a likely earnings beat, increasing pre-earnings uncertainty. American Express Earnings Expected to Grow: Should You Buy?
• Negative Sentiment: Despite its favorable growth profile, American Express trades at a premium valuation, leaving less room for disappointment if quarterly revenue, expenses, or guidance fall short of expectations. Rising credit-card delinquencies are an additional sector risk.

American Express Stock Performance

AXP stock opened at $313.47 on Friday. 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 company has a 50 day moving average price of $321.12 and a 200 day moving average price of $325.29. American Express Company has a fifty-two week low of $290.97 and a fifty-two week high of $387.49. The stock has a market capitalization of $211.69 billion, a PE ratio of 19.02, a price-to-earnings-growth ratio of 1.34 and a beta of 1.08.

American Express (NYSE:AXP) last announced its quarterly earnings data 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. The firm had revenue of $14.99 billion for the quarter, compared to analyst estimates of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period last year, the company earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Analysts forecast that American Express Company will post 17.65 EPS for the current year.

American Express Dividend Announcement

The company also recently declared 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. 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 23.06%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AXP. HSBC raised their target price on American Express from $312.00 to $329.00 and gave the company a “hold” rating in a research note on Monday, July 13th. Piper Sandler upped their price target on shares of American Express from $396.00 to $405.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Loop Capital reduced their price target on shares of American Express from $389.00 to $386.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. Weiss Ratings reissued a “hold (c+)” rating on shares of American Express in a report on Friday, October 9th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of American Express from $400.00 to $360.00 and set an “overweight” rating for the company in a research report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $365.63.

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.