American Express Company $AXP Stock: Generali Asset Management SPA SGR Boosts Stake

Generali Asset Management SPA SGR boosted its stake in American Express Company (NYSE:AXP) by 6.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,036 shares of the payment services company’s stock after buying an additional 4,208 shares during the quarter. Generali Asset Management SPA SGR’s holdings in American Express were worth $22,210,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Riverbend Wealth Management LLC grew its position in American Express by 0.8% during the 3rd quarter. Riverbend Wealth Management LLC now owns 4,534 shares of the payment services company’s stock worth $1,379,000 after acquiring an additional 34 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in American Express by 1.9% during the 1st quarter. Valmark Advisers Inc. now owns 1,878 shares of the payment services company’s stock worth $568,000 after buying an additional 35 shares in the last quarter. Cedar Mountain Advisors LLC boosted its position in American Express by 58.3% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company’s stock valued at $32,000 after buying an additional 35 shares during the last quarter. Consilium Wealth Advisory LLC boosted its position in American Express by 4.6% in the 3rd quarter. Consilium Wealth Advisory LLC now owns 793 shares of the payment services company’s stock valued at $241,000 after buying an additional 35 shares during the last quarter. Finally, Gryphon Financial Partners LLC increased its stake in shares of American Express by 1.5% in the 1st quarter. Gryphon Financial Partners LLC now owns 2,489 shares of the payment services company’s stock valued at $753,000 after buying an additional 36 shares during the period. 84.33% of the stock is owned by institutional investors.

American Express Stock Down 0.5%

Shares of AXP stock opened at $313.36 on Wednesday. The firm’s 50 day moving average price is $318.15 and its two-hundred day moving average price is $327.23. American Express Company has a 52-week low of $290.97 and a 52-week 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.50 by $0.18. The company had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $20.12 billion. During the same quarter in the prior year, the business earned $4.14 earnings per share. The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. As a group, sell-side analysts expect that American Express Company will post 17.73 earnings per share for the current fiscal year.

American Express Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 9th will be paid a $0.95 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.80 annualized dividend and a yield of 1.2%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on AXP shares. Bank of America boosted their target price on American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Morgan Stanley cut their price target on American Express from $382.00 to $380.00 and set an “equal weight” rating on the stock in a research note on Monday, October 12th. TD Cowen decreased their price target on American Express from $338.00 to $335.00 and set a “hold” rating on the stock in a report on Tuesday, October 6th. 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 research report on Monday, October 5th. Finally, BMO Capital Markets began coverage on American Express in a report on Thursday, October 8th. They set an “outperform” rating and a $380.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $365.19.

More American Express News

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

• Positive Sentiment: American Express exceeded third-quarter earnings expectations, reporting $4.68 in adjusted EPS versus a $4.50 consensus estimate. Growth was supported by premium-card spending, travel and entertainment activity, and higher card fees. Management also raised its 2026 earnings outlook, reinforcing the company’s longer-term growth case. American Express Q3 earnings call
• Positive Sentiment: JPMorgan raised its price target on AXP from $360 to $365 and maintained an Overweight rating, citing potential upside from resilient premium customers and card-fee growth. JPMorgan price-target update
• Positive Sentiment: Analysts continue to view American Express as a long-term beneficiary of expanding digital payments, global transaction volumes, and accelerating card-fee growth. American Express card-fee growth analysis

American Express Profile

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.