American Express Company $AXP Position Cut by WPG Advisers LLC

WPG Advisers LLC lessened its holdings in American Express Company (NYSE:AXP) by 91.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 216 shares of the payment services company’s stock after selling 2,377 shares during the period. WPG Advisers LLC’s holdings in American Express were worth $66,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. LaFleur & Godfrey LLC increased its position in American Express by 0.3% during the third quarter. LaFleur & Godfrey LLC now owns 42,680 shares of the payment services company’s stock worth $12,979,000 after buying an additional 141 shares in the last quarter. North Star Investment Management Corp. lifted its position in shares of American Express by 14.7% in the third quarter. North Star Investment Management Corp. now owns 5,579 shares of the payment services company’s stock valued at $1,697,000 after acquiring an additional 715 shares in the last quarter. Stockman Wealth Management Inc. lifted its position in shares of American Express by 3.5% in the third quarter. Stockman Wealth Management Inc. now owns 50,288 shares of the payment services company’s stock valued at $15,293,000 after acquiring an additional 1,710 shares in the last quarter. Sigma Investment Counselors Inc. lifted its position in shares of American Express by 29.1% in the third quarter. Sigma Investment Counselors Inc. now owns 3,376 shares of the payment services company’s stock valued at $1,027,000 after acquiring an additional 760 shares in the last quarter. Finally, William Mack & Associates Inc. acquired a new stake in shares of American Express during the third quarter valued at $86,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about American Express

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

• Positive Sentiment: American Express reported third-quarter adjusted EPS of $4.68, ahead of the $4.50 consensus estimate, while revenue increased 8.9% year over year to $20.06 billion. The company also maintained or raised its 2026 EPS outlook to $17.60–$17.90, supporting the investment case. Is AmEx Stock a Buy After Q3 Earnings Beat? Premium Appeal Shines
• Positive Sentiment: Analysts and investors continue to highlight AXP’s valuable brand, affluent customer base, strong cash flow and premium spending trends. Some commentary suggests the stock may be below fair value relative to its earnings power and returns on capital. American Express Stock Looks Below Fair Value On Earnings Strength
• Positive Sentiment: JPMorgan raised its price target for American Express, providing additional support for the stock following the earnings report. American Express Stock Gets Price Target Boost from JPMorgan Chase
• Neutral Sentiment: Analyst opinion remains mixed: Morgan Stanley assigned a Hold rating, while other coverage is more constructive. This limits the immediate bullish impact of the earnings beat. Morgan Stanley Issues a Hold Rating on American Express
• Negative Sentiment: Investors remain concerned about rising benefit and operating costs, softer commercial-card growth and the stock’s broader 2026 underperformance despite record earnings. American Express is also exposed to higher interest rates, falling asset prices and rising unemployment among high-income consumers. Reasons American Express Stock Is Having Its Worst Year Since 2015 Despite Record Earnings
• Negative Sentiment: The planned elimination of 3,500 jobs and $336 million restructuring charge to support artificial-intelligence integration could weigh on near-term results, even though management expects longer-term efficiency benefits. American Express to Cut 3,500 Jobs in Restructuring

American Express Stock Performance

Shares of AXP stock opened at $318.38 on Thursday. American Express Company has a 52 week low of $290.97 and a 52 week high of $387.49. The company has a quick ratio of 1.54, a current ratio of 1.65 and a debt-to-equity ratio of 1.64. The business has a 50 day moving average of $317.76 and a two-hundred day moving average of $326.90. The company has a market cap of $215.00 billion, a P/E ratio of 17.93, a PEG ratio of 1.33 and a beta of 1.08.

American Express (NYSE:AXP) last announced its quarterly earnings results on Friday, October 23rd. The payment services company reported $4.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.50 by $0.18. The company had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $20.12 billion. American Express had a net margin of 15.80% and a return on equity of 34.19%. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.14 earnings per share. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. As a group, analysts anticipate that American Express Company will post 17.73 EPS for the current year.

American Express Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 9th will be given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, October 9th. American Express’s payout ratio is 21.40%.

Analyst Ratings Changes

A number of analysts recently commented on AXP shares. Morgan Stanley dropped their price objective on American Express from $382.00 to $380.00 and set an “equal weight” rating for the company in a research report on Monday, October 12th. Bank of America upped their target price on shares of American Express from $387.00 to $391.00 and gave the company a “buy” rating in a report on Thursday, July 9th. William Blair reiterated an “outperform” rating on shares of American Express in a report on Friday, October 23rd. Truist Financial cut their target price on American Express from $375.00 to $370.00 and set a “buy” rating on the stock in a research report on Wednesday, September 23rd. Finally, TD Cowen cut their price target on shares of American Express from $338.00 to $335.00 and set a “hold” rating on the stock in a report on Tuesday, October 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $365.19.

About American Express

American Express Company is a global financial services company that provides payment, lending, travel and expense management products and services. Its offerings include consumer and small-business charge and credit cards, corporate payment programs, business financing solutions, deposit products and digital payment services.

The company operates an integrated payments network that connects card members, merchants and financial institutions. American Express also provides merchant acquisition and payment processing services, data and analytics, fraud prevention tools, and customer loyalty programs.