3,761 American Express Company $AXP Shares Acquired by One Way Holdings LLC

One Way Holdings LLC grew its stake in American Express Company (NYSE:AXP) by 4.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 80,987 shares of the payment services company’s stock after buying an additional 3,761 shares during the quarter. One Way Holdings LLC’s holdings in American Express were worth $24,628,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AXP. BlackRock Inc. acquired a new stake in American Express in the 2nd quarter valued at approximately $14,208,662,000. State Street Corp grew its holdings in shares of American Express by 40.2% in the 2nd quarter. State Street Corp now owns 40,967,262 shares of the payment services company’s stock valued at $13,857,176,000 after acquiring an additional 11,739,541 shares in the last quarter. Bank of America Corp DE increased its position in shares of American Express by 8.4% in the second quarter. Bank of America Corp DE now owns 7,969,555 shares of the payment services company’s stock valued at $2,695,702,000 after acquiring an additional 614,981 shares during the last quarter. Corient Private Wealth LP bought a new stake in American Express during the second quarter worth about $253,945,000. Finally, Bank of New York Mellon Corp bought a new stake in American Express during the second quarter worth about $1,263,787,000. 84.33% of the stock is owned by institutional investors and hedge funds.

American Express Price Performance

American Express stock opened at $319.03 on Monday. The firm has a market cap of $213.93 billion, a PE ratio of 17.96, a price-to-earnings-growth ratio of 1.35 and a beta of 1.09. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.58 and a quick ratio of 1.58. The stock’s fifty day moving average price is $317.18 and its two-hundred day moving average price is $326.44. American Express Company has a one year low of $290.97 and a one year high of $387.49.

American Express (NYSE:AXP) last posted its quarterly earnings results on Friday, October 23rd. The payment services company reported $4.68 EPS for the quarter, beating analysts’ consensus estimates of $4.50 by $0.18. American Express had a return on equity of 34.19% and a net margin of 15.80%. The business had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $20.12 billion. During the same quarter in the previous year, the firm earned $4.14 earnings per share. American Express’s revenue for the quarter was up 8.9% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. As a group, research analysts expect that American Express Company will post 17.88 EPS for the current fiscal 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 issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis 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 21.40%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on AXP shares. Truist Financial decreased their target price on shares of American Express from $375.00 to $370.00 and set a “buy” rating for the company in a research note on Wednesday, September 23rd. Citigroup decreased their price objective on shares of American Express from $340.00 to $335.00 and set a “neutral” rating for the company in a research report on Tuesday, October 27th. Weiss Ratings upgraded shares of American Express from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, October 26th. Guggenheim started coverage on shares of American Express in a report on Monday, July 13th. They issued a “buy” rating on the stock. Finally, Barclays lowered their price target on American Express from $342.00 to $340.00 and set an “equal weight” rating on the stock in a research report on Monday, October 26th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average 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.