American Express Company $AXP Stake Increased by Partners Wealth Management LLC

Partners Wealth Management LLC grew its holdings in American Express Company (NYSE:AXP) by 287.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,316 shares of the payment services company’s stock after buying an additional 1,719 shares during the quarter. Partners Wealth Management LLC’s holdings in American Express were worth $704,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Archer Investment Corp acquired a new position in American Express during the 2nd quarter worth about $25,000. Elevation Wealth Partners LLC increased its position 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 valued at $28,000 after acquiring an additional 41 shares in the last quarter. John Boyer Inc. acquired a new stake in American Express in the 3rd quarter valued at about $29,000. Cedar Mountain Advisors LLC increased its position 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 acquiring an additional 35 shares in the last quarter. Finally, Frazier Financial Advisors LLC bought a new position in shares of American Express in the second quarter worth about $33,000. 84.33% of the stock is owned by institutional investors.

American Express News Summary

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

• Positive Sentiment: American Express introduced a new redemption option allowing eligible consumer and business cash-back cardmembers to deposit Reward Dollars into American Express High Yield Savings Accounts and Business Checking Accounts. The feature could improve customer retention, deepen relationships across the company’s card and banking products, and support deposit growth. American Express Connects Cash Back to High Yield Savings Accounts and Business Checking Accounts
• Positive Sentiment: The launch of Canada’s first Hilton Honors American Express co-branded card expands the company’s international partnership with Hilton and could generate additional spending, fees, and customer acquisition. American Express and Hilton Launch Canada’s First Hilton Honors Credit Card
• Positive Sentiment: American Express benefited from positive payments-sector sentiment after Mastercard reported better-than-expected revenue and earnings, although the effect may be temporary. Mastercard Rises on Revenue and EPS Beat
• Neutral Sentiment: American Express issued $1.5 billion of fixed-to-floating-rate notes carrying a 5.447% rate. The financing provides capital, but increases interest expense and leverage exposure. American Express Issues New Fixed-to-Floating Rate Notes
• Neutral Sentiment: Analyst coverage remains mixed. Commentary favors Mastercard for faster growth, more diversified revenue, and lower credit risk, while other coverage highlights AXP’s strong profitability, revenue growth, share repurchases, and Berkshire Hathaway’s sizable stake.
• Negative Sentiment: A U.S. Bank risk executive is reportedly moving to American Express as the company deals with regulatory penalties related to anti-money-laundering compliance failures. The leadership addition may strengthen risk controls, but the penalties and compliance scrutiny create reputational and cost risks. U.S. Bank Risk Chief Heads to Amex
• Negative Sentiment: Relative-value analysis argues that Mastercard currently offers better growth prospects and lower credit risk than American Express, potentially limiting investor enthusiasm for AXP despite its lower valuation.

American Express Price Performance

AXP opened at $319.03 on Friday. The company has a fifty day moving average price of $317.18 and a two-hundred day moving average price of $326.44. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.54 and a current ratio of 1.58. American Express Company has a 52 week low of $290.97 and a 52 week high of $387.49. The firm has a market capitalization of $213.93 billion, a PE ratio of 17.96, a P/E/G ratio of 1.37 and a beta of 1.08.

American Express (NYSE:AXP) last issued its earnings results on Friday, October 23rd. The payment services company reported $4.68 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 analysts’ expectations of $20.12 billion. American Express had a net margin of 15.80% and a return on equity of 34.19%. The business’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 EPS. 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 17.88 earnings per share for the current year.

American Express Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. American Express’s payout ratio is 21.40%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of American Express from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Bank of America raised their price target 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. Guggenheim assumed coverage on shares of American Express in a report on Monday, July 13th. They issued a “buy” rating for the company. Benchmark began coverage on shares of American Express in a research report on Monday, July 13th. They issued a “buy” rating for the company. Finally, UBS Group reduced their price objective on American Express from $384.00 to $345.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, American Express presently 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.