Sapient Capital LLC increased its stake in shares of American Express Company (NYSE:AXP) by 261.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 24,437 shares of the payment services company’s stock after acquiring an additional 17,685 shares during the quarter. Sapient Capital LLC’s holdings in American Express were worth $7,431,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in AXP. Archer Investment Corp acquired a new position in shares of American Express during the 2nd quarter valued at about $25,000. 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 valued at $28,000 after purchasing an additional 41 shares during the last quarter. Frazier Financial Advisors LLC increased its holdings in shares of American Express by 66.7% during the 1st quarter. Frazier Financial Advisors LLC now owns 100 shares of the payment services company’s stock worth $30,000 after buying an additional 40 shares during the last quarter. Evolution Wealth Management Inc. raised its position in shares of American Express by 58.2% during the 1st quarter. Evolution Wealth Management Inc. now owns 106 shares of the payment services company’s stock valued at $32,000 after buying an additional 39 shares during the period. Finally, Whipplewood Advisors LLC raised its position in shares of American Express by 2,550.0% during the 1st quarter. Whipplewood Advisors LLC now owns 106 shares of the payment services company’s stock valued at $32,000 after buying an additional 102 shares during the period. 84.33% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research firms have issued reports on AXP. Royal Bank Of Canada cut American Express from a “moderate buy” rating to a “hold” rating in a research note on Monday, July 13th. Bank of America raised their price objective on American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Guggenheim started coverage on shares of American Express in a report on Monday, July 13th. They issued a “buy” rating on the stock. TD Cowen lowered their target price on shares of American Express from $338.00 to $335.00 and set a “hold” rating for the company in a research note on Tuesday. Finally, UBS Group dropped their price target on shares of American Express from $384.00 to $345.00 and set a “neutral” rating for the company in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $365.07.
American Express Trading Up 1.2%
AXP traded up $3.60 during mid-day trading on Thursday, hitting $307.85. 5,293,900 shares of the stock were exchanged, compared to its average volume of 3,251,503. The firm’s fifty day moving average is $325.07 and its two-hundred day moving average is $324.99. American Express Company has a 1-year low of $290.97 and a 1-year high of $387.49. The company has a market cap of $207.90 billion, a PE ratio of 18.68, a PEG ratio of 1.31 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.
American Express (NYSE:AXP – Get Free Report) last issued 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 company had revenue of $14.99 billion for 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 business’s revenue for the quarter 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. Equities analysts forecast that American Express Company will post 17.66 earnings per share for the current fiscal year.
American Express Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 9th will be issued a dividend of $0.95 per share. The ex-dividend date is Friday, October 9th. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. American Express’s dividend payout ratio is 23.06%.
Trending Headlines about American Express
Here are the key news stories impacting American Express this week:
- Positive Sentiment: American Express launched a Corporate Cashback platform combining new cards, expense-management software and AI-powered spending controls. Card acceptance has reached more than 190 million locations worldwide, potentially strengthening AXP’s appeal to corporate customers. American Express Rolls Out Corporate Cashback Platform
- Positive Sentiment: The company is positioning itself for agentic commerce by helping merchants prepare for consumers who use AI tools to compare and purchase products. Its proposed payment protections could help build trust and create a longer-term role for Amex in AI-enabled transactions. Amex advises businesses on AI
- Positive Sentiment: Demand for premium card benefits remains visible through the planned expansion of the Newark Centurion Lounge, which is being enlarged before opening to accommodate strong expected traffic. This supports AXP’s premium-brand strategy, though it also implies higher investment. Amex Supersizes Newark Airport Centurion Lounge
- Neutral Sentiment: AXP is trending on Zacks, increasing visibility among investors. The attention itself is not a fundamental catalyst, so investors are likely to focus on valuation, consumer spending trends and upcoming results. American Express Is a Trending Stock
- Neutral Sentiment: Investors must own shares by October 9 to qualify for the November 10 dividend. The payout may support income-oriented demand, although the stock’s relatively modest yield limits its appeal for pure dividend investors. American Express Dividend Eligibility
- Negative Sentiment: Despite the recent strategic announcements, AXP trades below its key moving averages and well below its 12-month high, reflecting ongoing market caution. Its latest quarterly report showed an EPS beat and 10% year-over-year revenue growth, but investors still need evidence that growth can support the company’s 2026 EPS guidance of $17.30–$17.90.
About American Express
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.
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