American Express Company $AXP Holdings Boosted by Venture Visionary Partners LLC

Venture Visionary Partners LLC grew its stake in American Express Company (NYSE:AXP) by 17.6% during the 3rd quarter, Holdings Channel reports. The firm owned 44,626 shares of the payment services company’s stock after purchasing an additional 6,681 shares during the quarter. Venture Visionary Partners LLC’s holdings in American Express were worth $13,744,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. BlackRock Inc. purchased a new position in American Express in the 2nd quarter valued at about $14,208,662,000. State Street Corp increased its stake in American Express by 40.2% during the 2nd quarter. State Street Corp now owns 40,967,262 shares of the payment services company’s stock worth $13,857,176,000 after buying an additional 11,739,541 shares in the last quarter. Bank of America Corp DE increased its stake in American Express by 8.4% during the 2nd 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 buying an additional 614,981 shares in the last quarter. Nuveen LLC raised its holdings 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 valued at $1,913,560,000 after acquiring an additional 293,107 shares during 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% in 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 valued at $1,778,185,000 after acquiring an additional 83,083 shares in the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

American Express Price Performance

Shares of NYSE:AXP traded down $0.62 during midday trading on Wednesday, hitting $303.93. The company had a trading volume of 3,405,434 shares, compared to its average volume of 3,240,870. American Express Company has a twelve month low of $290.97 and a twelve month high of $387.49. 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. 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 business’s 50-day simple moving average is $325.66 and its 200-day simple moving average is $324.90.

American Express (NYSE:AXP) last released its quarterly earnings data 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. The company had revenue of $14.99 billion for the quarter, compared to analyst estimates of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%.The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, research analysts predict that American Express Company will post 17.68 earnings per share for the current year.

American Express Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be issued a $0.95 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.3%. American Express’s dividend payout ratio is currently 23.06%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on AXP shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of American Express in a research note on Monday, July 13th. JPMorgan Chase & Co. upgraded American Express from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $328.00 to $400.00 in a report on Monday, July 13th. Loop Capital lowered their target price on shares of American Express from $389.00 to $386.00 and set a “buy” rating on the stock in a research note on Monday, July 27th. UBS Group dropped their target price on shares of American Express from $384.00 to $345.00 and set a “neutral” rating for the company in a report on Monday. Finally, President Capital raised their price target on shares of American Express from $359.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $364.50.

Trending Headlines about American Express

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

• Positive Sentiment: American Express launched a Corporate Cashback platform combining new corporate cards, expense-management software, and AI-powered spending controls. The company also said its cards are accepted at more than 190 million locations worldwide, supporting potential growth in business payments and international spending. American Express Rolls Out Corporate Cashback Platform
• Positive Sentiment: American Express published guidance for merchants preparing for agentic commerce, including measures intended to improve payment reliability and customer trust. Its willingness to compensate merchants when autonomous-agent transactions fail could help accelerate adoption, although it may also create some financial and operational costs. American Express Agentic Commerce Playbook
• Positive Sentiment: Investors are highlighting American Express’s dividend and income potential. Shares purchased by October 9 are expected to qualify for the company’s November 10 dividend, which may support near-term interest from income-focused investors. 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 release could provide a clearer catalyst, particularly regarding spending trends, credit performance, and full-year guidance. American Express Earnings Preview
• Neutral Sentiment: UBS maintained a Hold rating, while American Express promoted card-member experiences through its Hong Kong Wine & Dine Festival sponsorship. These developments reinforce the brand but are unlikely to materially affect near-term earnings. UBS Maintains Hold Rating
• Negative Sentiment: TD Cowen lowered its price target from $338 to $335 and retained a Hold rating, signaling limited conviction in near-term upside despite the target remaining above the current trading level. TD Cowen Lowers American Express Price Target

About American Express

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.