Cooper Financial Group Acquires 4,759 Shares of American Express Company $AXP

Cooper Financial Group grew its holdings in American Express Company (NYSE:AXP) by 162.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,681 shares of the payment services company’s stock after buying an additional 4,759 shares during the quarter. Cooper Financial Group’s holdings in American Express were worth $2,336,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in AXP. BlackRock Inc. acquired a new position in American Express during the 2nd quarter worth about $14,208,662,000. State Street Corp raised its stake in shares of American Express by 40.2% in the second quarter. State Street Corp now owns 40,967,262 shares of the payment services company’s stock worth $13,857,176,000 after acquiring an additional 11,739,541 shares during the last quarter. Bank of America Corp DE raised its stake 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 worth $2,695,702,000 after acquiring an additional 614,981 shares during the last quarter. Nuveen LLC lifted its position in shares of American Express by 6.0% during the fourth quarter. Nuveen LLC now owns 5,172,484 shares of the payment services company’s stock worth $1,913,560,000 after purchasing an additional 293,107 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of American Express by 1.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,806,554 shares of the payment services company’s stock worth $1,778,185,000 after purchasing an additional 83,083 shares in the last quarter. 84.33% of the stock is owned by institutional investors.

American Express Trading Down 0.2%

Shares of NYSE AXP traded down $0.62 during mid-day trading on Wednesday, hitting $303.93. The company’s stock had a trading volume of 3,405,434 shares, compared to its average volume of 3,240,870. American Express Company has a one year low of $290.97 and a one year high of $387.49. The company’s fifty day simple moving average is $325.66 and its 200-day simple moving average is $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. The stock has a market cap of $205.24 billion, a price-to-earnings ratio of 18.44, a price-to-earnings-growth ratio of 1.29 and a beta of 1.08.

American Express (NYSE:AXP) last posted its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping analysts’ consensus estimates of $4.41 by $0.12. American Express had a net margin of 15.07% and a return on equity of 34.12%. The business had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $19.70 billion. During the same period in the previous year, the firm posted $4.08 earnings per share. American Express’s revenue for the quarter was up 10.0% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, sell-side analysts anticipate that American Express Company will post 17.68 earnings per share for the current fiscal year.

American Express Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders 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 yield of 1.3%. The ex-dividend date of this dividend is Friday, October 9th. American Express’s payout ratio is currently 23.06%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Evercore set a $320.00 price target on shares of American Express in a report on Thursday, October 1st. Benchmark assumed coverage on American Express in a report on Monday, July 13th. They set a “buy” rating on the stock. President Capital increased their price objective on American Express from $359.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. DZ Bank raised American Express from a “hold” rating to a “buy” rating and set a $375.00 target price for the company in a research note on Thursday, June 18th. Finally, Jefferies Financial Group upgraded American Express from a “hold” rating to a “buy” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, American Express currently has a consensus rating of “Hold” and a consensus target price of $364.50.

Key American Express News

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

• Positive Sentiment: American Express launched an integrated Corporate Cashback platform combining new cards, expense-management software and AI-powered tools for corporate spending controls and reporting. The company also said its cards are accepted at more than 190 million locations worldwide, supporting its efforts to expand commercial payments and card usage. American Express Rolls Out Corporate Cashback Platform As Acceptance Hits 190 Million Locations
• Positive Sentiment: AXP published its Amex Business Playbook for Agentic Commerce, outlining how merchants can prepare for autonomous AI-driven shopping. The company is also offering protections when agent transactions fail, which could help build trust and position American Express in emerging digital commerce, although the guarantees may create additional costs. American Express Is Telling Merchants How to Prepare for Agent Shopping
• Positive Sentiment: Investors focused on the upcoming November 10 dividend may support the stock ahead of the October 9 eligibility deadline. The company’s dividend remains relatively modest in yield, but its earnings growth and potential for future increases enhance its longer-term income appeal. American Express Dividend Article
• Neutral Sentiment: Analysts expect high-single-digit bottom-line growth when American Express reports third-quarter results later this month. The earnings event is a potential catalyst, but investors may remain cautious until the company provides updated performance and guidance. American Express Earnings Preview
• Neutral Sentiment: American Express promoted premium card-member experiences at Hong Kong’s Wine & Dine Festival. The event supports brand engagement but is unlikely to materially affect near-term financial results. American Express Returns to Hong Kong Wine & Dine Festival
• Negative Sentiment: TD Cowen cut its price target from $338 to $335 and maintained a “hold” rating. UBS also reiterated a “hold,” reinforcing near-term caution despite analysts’ implied upside to the stock. UBS Keeps Their Hold Rating on American Express

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.