American Express Company $AXP Shares Bought by Atwood & Palmer Inc.

Atwood & Palmer Inc. lifted its holdings in shares of American Express Company (NYSE:AXP) by 245,847.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 56,568 shares of the payment services company’s stock after acquiring an additional 56,545 shares during the quarter. Atwood & Palmer Inc.’s holdings in American Express were worth $17,202,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in American Express during the 2nd quarter valued at approximately $14,208,662,000. State Street Corp raised its position 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 purchasing an additional 11,739,541 shares in the last quarter. Corient Private Wealth LP purchased a new position in shares of American Express during the 2nd quarter valued at approximately $253,945,000. Bank of New York Mellon Corp acquired a new stake in shares of American Express during the second quarter worth approximately $1,263,787,000. Finally, Legal & General Group Plc bought a new stake in shares of American Express in the second quarter worth $1,138,054,000. Hedge funds and other institutional investors own 84.33% of the company’s stock.

American Express Stock Performance

NYSE:AXP traded up $3.60 during midday trading on Thursday, reaching $307.85. 5,293,900 shares of the company traded hands, compared to its average volume of 3,251,503. The firm has a market capitalization of $207.90 billion, a price-to-earnings ratio of 18.68, a price-to-earnings-growth ratio of 1.31 and a beta of 1.08. The company has a fifty day moving average price of $325.66 and a 200 day moving average price of $324.90. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.55 and a quick ratio of 1.54. American Express Company has a twelve month low of $290.97 and a twelve month high of $387.49.

American Express (NYSE:AXP) last issued its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping the consensus estimate of $4.41 by $0.12. American Express had a return on equity of 34.12% and a net margin of 15.07%.The firm had revenue of $14.99 billion for the quarter, compared to analyst estimates of $19.70 billion. During the same period last year, the company earned $4.08 earnings per share. The firm’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 expect that American Express Company will post 17.66 EPS for the current fiscal year.

American Express Announces Dividend

The firm also recently disclosed 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. 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 (DPR) is presently 23.06%.

Wall Street Analyst Weigh In

AXP has been the topic of a number of research analyst reports. BTIG Research reduced their price objective on shares of American Express from $315.00 to $230.00 and set a “sell” rating on the stock in a research note on Monday, September 7th. Benchmark began coverage on shares of American Express in a research report on Monday, July 13th. They issued a “buy” rating for the company. Guggenheim began coverage on shares of American Express in a research note on Monday, July 13th. They issued a “buy” rating on the stock. BMO Capital Markets assumed coverage on shares of American Express in a research report on Thursday. They set an “outperform” rating and a $380.00 price target on the stock. Finally, UBS Group lowered their price objective on American Express from $384.00 to $345.00 and set a “neutral” rating for the company in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $365.07.

More American Express News

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.

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.