Curated Wealth Partners LLC decreased its holdings in shares of American Express Company (NYSE:AXP) by 99.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 2,171 shares of the payment services company’s stock after selling 273,323 shares during the period. Curated Wealth Partners LLC’s holdings in American Express were worth $660,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of AXP. Archer Investment Corp acquired a new stake in American Express in the 2nd quarter worth approximately $25,000. Elevation Wealth Partners LLC grew its position in shares of American Express by 78.8% in the third 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 period. Frazier Financial Advisors LLC raised its stake in American Express by 66.7% in the 1st quarter. Frazier Financial Advisors LLC now owns 100 shares of the payment services company’s stock valued at $30,000 after purchasing an additional 40 shares during the last quarter. Evolution Wealth Management Inc. lifted its stake in American Express by 58.2% in the 1st quarter. Evolution Wealth Management Inc. now owns 106 shares of the payment services company’s stock worth $32,000 after purchasing an additional 39 shares in the last quarter. Finally, Whipplewood Advisors LLC raised its holdings 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 worth $32,000 after acquiring an additional 102 shares during the period. 84.33% of the stock is currently owned by institutional investors.
Key American Express News
Here are the key news stories impacting American Express this week:
- Positive Sentiment: Institutional investor support: Harris Oakmark’s third-quarter 2026 investor letter identified American Express as a compelling investment, signaling confidence in the company’s brand, business quality and long-term capital appreciation potential. What Makes American Express (AXP) a Compelling Bet?
- Positive Sentiment: AI commerce opportunity: American Express is developing issuer-side tools, including “Proof of Intent” and AI-powered payment security, to authenticate purchases made by autonomous shopping agents. If successful, the technology could protect against fraud, support higher transaction volumes and create a new payments growth channel. Can American Express Turn AI Commerce Into a New Growth Driver?
- Neutral Sentiment: Marketing partnership: Rakuten launched a limited-edition Naruto Shippuden design for the Rakuten American Express Card. The promotion may improve card engagement and brand visibility, but it does not change the card’s existing rewards or represent a material near-term earnings catalyst. Rakuten Introduces Limited Edition NARUTO SHIPPUDEN Credit Card Design
- Positive Sentiment: Analyst valuation support: Brokerages reportedly have a consensus target price of $365.63, implying meaningful upside relative to the recent trading level. However, the target is forward-looking and does not eliminate regulatory risks. American Express Consensus Target Price
- Negative Sentiment: AML fine and valuation concerns: A reported $350 million anti-money-laundering fine is pressuring the investment case, raising questions about compliance costs, regulatory oversight and whether AXP’s valuation fully reflects its earnings power. American Express Stock May Sit Below Fair Value As AML Fine Lands
American Express Price Performance
Shares of AXP stock opened at $313.61 on Friday. American Express Company has a twelve month low of $290.97 and a twelve month high of $387.49. The firm has a fifty day simple moving average of $321.67 and a 200-day simple moving average of $325.37. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $211.79 billion, a PE ratio of 19.03, a price-to-earnings-growth ratio of 1.31 and a beta of 1.08.
American Express (NYSE:AXP – Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, topping analysts’ consensus estimates of $4.41 by $0.12. The business had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%. The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period last year, the firm earned $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts anticipate that American Express Company will post 17.65 earnings per share for the current fiscal year.
American Express Announces Dividend
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 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 (DPR) is 23.06%.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on the stock. Barclays lowered their price objective on shares of American Express from $364.00 to $342.00 and set an “equal weight” rating for the company in a research report on Monday, October 5th. Morgan Stanley decreased their price target on shares of American Express from $382.00 to $380.00 and set an “equal weight” rating for the company in a research note on Monday. Loop Capital cut their target price on American Express from $389.00 to $386.00 and set a “buy” rating for the company in a research note on Monday, July 27th. Jefferies Financial Group upgraded American Express from a “hold” rating to a “buy” rating in a report on Monday, July 13th. Finally, Truist Financial cut their price objective on American Express from $375.00 to $370.00 and set a “buy” rating for the company in a research report on Wednesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $365.63.
American Express 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.
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