American Express Company $AXP Stock: N10 Assets LLC Grows Position

N10 Assets LLC raised its stake in shares of American Express Company (NYSE:AXP) by 15.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,669 shares of the payment services company’s stock after purchasing an additional 2,364 shares during the period. American Express accounts for 2.0% of N10 Assets LLC’s portfolio, making the stock its 20th largest position. N10 Assets LLC’s holdings in American Express were worth $5,373,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. First Citizens Bank & Trust Co. increased its stake in American Express by 158.7% during the third quarter. First Citizens Bank & Trust Co. now owns 15,865 shares of the payment services company’s stock worth $4,825,000 after acquiring an additional 9,732 shares during the last quarter. Focus Financial Network Inc. raised its holdings in shares of American Express by 12.9% in the 3rd quarter. Focus Financial Network Inc. now owns 5,362 shares of the payment services company’s stock worth $1,742,000 after purchasing an additional 614 shares during the period. XY Planning Network Inc. lifted its stake in shares of American Express by 77.9% in the 3rd quarter. XY Planning Network Inc. now owns 1,955 shares of the payment services company’s stock valued at $595,000 after purchasing an additional 856 shares in the last quarter. Salem Investment Counselors Inc. lifted its stake in shares of American Express by 11.6% in the 3rd quarter. Salem Investment Counselors Inc. now owns 4,757 shares of the payment services company’s stock valued at $1,555,000 after purchasing an additional 494 shares in the last quarter. Finally, Signal Advisors Wealth LLC grew its holdings in shares of American Express by 21.3% during the 3rd quarter. Signal Advisors Wealth LLC now owns 1,171 shares of the payment services company’s stock worth $356,000 after purchasing an additional 206 shares during the period. Hedge funds and other institutional investors own 84.33% of the company’s stock.

American Express Stock Down 1.2%

AXP stock traded down $3.67 during midday trading on Wednesday, hitting $306.17. 1,086,053 shares of the company’s stock were exchanged, compared to its average volume of 3,229,312. The firm has a 50 day moving average price of $323.10 and a 200-day moving average price of $325.17. American Express Company has a 12-month low of $290.97 and a 12-month high of $387.49. The stock has a market capitalization of $206.76 billion, a price-to-earnings ratio of 18.57, a price-to-earnings-growth 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.

American Express (NYSE:AXP) last issued its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.41 by $0.12. American Express had a net margin of 15.07% and a return on equity of 34.12%. The business had revenue of $14.99 billion for the quarter, compared to analyst estimates of $19.70 billion. During the same quarter in the prior year, the business posted $4.08 EPS. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, analysts anticipate that American Express Company will post 17.65 EPS for the current year.

American Express Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 9th will be given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, October 9th. American Express’s dividend payout ratio (DPR) is presently 23.06%.

American Express News Summary

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

• Positive Sentiment: American Express introduced its “Intent Intelligence” framework to help authenticate and preserve customer authorization when artificial-intelligence agents make purchases. The initiative could strengthen Amex’s role in emerging “agentic commerce” by reducing unauthorized transactions, disputes and fraud risks. American Express Publishes Intent Intelligence Framework for Trusted Agentic Commerce
• Positive Sentiment: Analysts remain broadly constructive on American Express, with the reported consensus price target at $365.63. JPMorgan maintained an “overweight” rating and a $360 target, implying meaningful upside from recent trading levels, although it reduced its target from $400. American Express Company Stock Has Consensus Target Price of $365.63 According to Brokerages
• Positive Sentiment: Recent analysis highlights double-digit revenue growth and a below-average earnings multiple. American Express also raised its full-year revenue outlook in its latest quarterly report, supporting the case that the stock’s decline may have created a more attractive valuation for long-term investors. American Express Double-Digit Growth at a Below-Average Multiple
• Neutral Sentiment: American Express was named title sponsor of the inaugural Hong Kong Sail Grand Prix. The deal may support brand visibility and premium-card marketing, but its direct financial impact is unlikely to be material. American Express Named Title Sponsor of Inaugural Hong Kong Sail Grand Prix
• Negative Sentiment: The $350 million AML fine has shifted investor focus to regulatory compliance, potentially pressuring margins and raising questions about whether American Express’s returns on capital justify its valuation after a strong three-year share-price gain. American Express Stock May Sit Below Fair Value As AML Fine Lands

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Bank of America increased their target price on shares of American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. President Capital raised their price target on shares of American Express from $359.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Royal Bank Of Canada reduced their price target on shares of American Express from $415.00 to $400.00 and set an “outperform” rating on the stock in a research report on Friday, October 9th. The Goldman Sachs Group boosted their price objective on shares of American Express from $400.00 to $410.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. Finally, Citigroup decreased their price objective on shares of American Express from $355.00 to $340.00 and set a “neutral” rating for the company in a research note on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $365.63.

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.