American Express (NYSE:AXP) Stock Gets Price Target Trim from Royal Bank Of Canada

American Express (NYSE:AXP) had its target price reduced by Royal Bank Of Canada from $415.00 to $400.00 in a report released on Friday morning, Marketbeat reports. They currently have an outperform rating on the payment services company’s stock.

Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. raised American Express from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $328.00 to $400.00 in a research report on Monday, July 13th. UBS Group decreased their price objective on American Express from $384.00 to $345.00 and set a “neutral” rating for the company in a report on Monday, October 5th. HSBC lifted their target price on shares of American Express from $312.00 to $329.00 and gave the company a “hold” rating in a report on Monday, July 13th. BMO Capital Markets started coverage on shares of American Express in a research report on Thursday. They issued an “outperform” rating and a $380.00 price target for the company. Finally, BTIG Research lowered their price objective on shares of American Express from $315.00 to $230.00 and set a “sell” rating on the stock in a research report on Monday, September 7th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, American Express has an average rating of “Hold” and an average price target of $364.52.

American Express Price Performance

American Express stock opened at $308.18 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 1.66. American Express has a 52-week low of $290.97 and a 52-week high of $387.49. The firm has a market cap of $208.12 billion, a PE ratio of 18.70, a price-to-earnings-growth ratio of 1.33 and a beta of 1.08. The company’s 50 day moving average is $324.50 and its two-hundred day moving average is $325.04.

American Express (NYSE:AXP) last posted its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, topping the consensus estimate 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 quarter in the previous year, the firm posted $4.08 earnings per share. The company’s quarterly revenue 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, research analysts expect that American Express will post 17.67 EPS 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. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, October 9th. American Express’s dividend payout ratio (DPR) is 23.06%.

Institutional Investors Weigh In On American Express

Several large investors have recently modified their holdings of AXP. BlackRock Inc. acquired a new stake in shares of American Express during the second quarter worth $14,208,662,000. State Street Corp increased its stake in 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 valued at $13,857,176,000 after purchasing an additional 11,739,541 shares during the last quarter. Bank of America Corp DE increased its stake in 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 valued at $2,695,702,000 after purchasing an additional 614,981 shares during the last quarter. Nuveen LLC lifted its position in 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 buying an additional 293,107 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in 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 buying an additional 83,083 shares during the period. Hedge funds and other institutional investors own 84.33% of the company’s stock.

American Express News Roundup

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

• Positive Sentiment: BMO initiated coverage with a $380 price target, while Royal Bank of Canada maintained an Outperform rating and lowered its target from $415 to $400. Analysts cited continued growth in American Express’s premium customer base and the company’s ability to sustain revenue and earnings expansion despite intensifying competition. American Express Has More Room to Run Despite Rising Competition, Analyst Says
• Positive Sentiment: American Express launched a new corporate platform and continues investing in business and merchant tools, including guidance on how companies can use artificial intelligence. These initiatives could support corporate spending and strengthen longer-term customer relationships. American Express Launches New Corporate Platform
• Neutral Sentiment: American Express is scheduled to report quarterly results on October 23. Investors will look for evidence that premium-card growth, spending trends and earnings guidance can offset the regulatory setback. The company previously reported earnings above expectations and maintained fiscal 2026 EPS guidance of $17.30 to $17.90.
• Negative Sentiment: The Office of the Comptroller of the Currency and Federal Reserve fined American Express $350 million and issued regulatory orders over significant anti-money-laundering control failures. Regulators said inadequate resources, inexperienced personnel, weak training and internal-control gaps left approximately $13 billion in potentially suspicious activity insufficiently monitored or reported over nearly 11 years. The penalty creates a direct financial cost and raises concerns about compliance spending, reputational damage and potential additional oversight. OCC Assesses $350 Million Civil Money Penalty Against American Express

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.