American Express Company $AXP Shares Acquired by Partners Wealth Management LLC

Partners Wealth Management LLC boosted its position in shares of American Express Company (NYSE:AXP) by 287.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,316 shares of the payment services company’s stock after purchasing an additional 1,719 shares during the quarter. Partners Wealth Management LLC’s holdings in American Express were worth $704,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of AXP. Riverbend Wealth Management LLC raised its holdings in American Express by 0.8% in the third quarter. Riverbend Wealth Management LLC now owns 4,534 shares of the payment services company’s stock worth $1,379,000 after purchasing an additional 34 shares during the period. Valmark Advisers Inc. grew its holdings in shares of American Express by 1.9% in the 1st quarter. Valmark Advisers Inc. now owns 1,878 shares of the payment services company’s stock valued at $568,000 after buying an additional 35 shares during the period. Cedar Mountain Advisors LLC increased its position in shares of 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 in the last quarter. Consilium Wealth Advisory LLC increased its position in shares of 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 in the last quarter. Finally, Gryphon Financial Partners LLC raised its stake in American Express by 1.5% during the 1st quarter. Gryphon Financial Partners LLC now owns 2,489 shares of the payment services company’s stock worth $753,000 after buying an additional 36 shares during the period. Institutional investors own 84.33% of the company’s stock.

American Express News Summary

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

• Positive Sentiment: American Express introduced a new redemption option allowing eligible consumer and business cash-back cardmembers to deposit Reward Dollars into American Express High Yield Savings Accounts and Business Checking Accounts. The feature could improve customer retention, deepen relationships across the company’s card and banking products, and support deposit growth. American Express Connects Cash Back to High Yield Savings Accounts and Business Checking Accounts
• Positive Sentiment: The launch of Canada’s first Hilton Honors American Express co-branded card expands the company’s international partnership with Hilton and could generate additional spending, fees, and customer acquisition. American Express and Hilton Launch Canada’s First Hilton Honors Credit Card
• Positive Sentiment: American Express benefited from positive payments-sector sentiment after Mastercard reported better-than-expected revenue and earnings, although the effect may be temporary. Mastercard Rises on Revenue and EPS Beat
• Neutral Sentiment: American Express issued $1.5 billion of fixed-to-floating-rate notes carrying a 5.447% rate. The financing provides capital, but increases interest expense and leverage exposure. American Express Issues New Fixed-to-Floating Rate Notes
• Neutral Sentiment: Analyst coverage remains mixed. Commentary favors Mastercard for faster growth, more diversified revenue, and lower credit risk, while other coverage highlights AXP’s strong profitability, revenue growth, share repurchases, and Berkshire Hathaway’s sizable stake.
• Negative Sentiment: A U.S. Bank risk executive is reportedly moving to American Express as the company deals with regulatory penalties related to anti-money-laundering compliance failures. The leadership addition may strengthen risk controls, but the penalties and compliance scrutiny create reputational and cost risks. U.S. Bank Risk Chief Heads to Amex
• Negative Sentiment: Relative-value analysis argues that Mastercard currently offers better growth prospects and lower credit risk than American Express, potentially limiting investor enthusiasm for AXP despite its lower valuation.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Weiss Ratings upgraded American Express from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Truist Financial lowered their price target on American Express from $375.00 to $370.00 and set a “buy” rating for the company in a report on Wednesday, September 23rd. The Goldman Sachs Group raised their price target on American Express from $400.00 to $410.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Loop Capital cut their price objective on American Express from $389.00 to $386.00 and set a “buy” rating on the stock in a report on Monday, July 27th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $330.00 price objective on shares of American Express in a research report on Friday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given 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 stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $365.19.

American Express Stock Down 1.4%

Shares of American Express stock opened at $319.03 on Friday. The business’s 50 day simple moving average is $317.18 and its 200 day simple moving average is $326.44. American Express Company has a 52-week low of $290.97 and a 52-week high of $387.49. The firm has a market cap of $213.93 billion, a PE ratio of 17.96, a P/E/G ratio of 1.37 and a beta of 1.08. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.54 and a current ratio of 1.58.

American Express (NYSE:AXP) last released its earnings results on Friday, October 23rd. The payment services company reported $4.68 EPS for the quarter, beating the consensus estimate of $4.50 by $0.18. American Express had a return on equity of 34.19% and a net margin of 15.80%. The firm had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $20.12 billion. During the same quarter in the previous year, the business posted $4.14 EPS. The business’s quarterly revenue 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. On average, analysts predict that American Express Company will post 17.88 earnings per share for the current fiscal year.

American Express Dividend Announcement

The firm also recently disclosed 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 of this dividend is Friday, October 9th. American Express’s payout ratio is currently 21.40%.

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.