Mather Group LLC. Purchases 4,621 Shares of American Express Company $AXP

Mather Group LLC. grew its position in shares of American Express Company (NYSE:AXP) by 56.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,788 shares of the payment services company’s stock after buying an additional 4,621 shares during the quarter. Mather Group LLC.’s holdings in American Express were worth $3,889,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. Hudock Inc. boosted its stake in shares of American Express by 32.4% in the 3rd quarter. Hudock Inc. now owns 1,895 shares of the payment services company’s stock valued at $576,000 after purchasing an additional 464 shares in the last quarter. First Pacific Financial grew its stake in shares of American Express by 663.2% during the third quarter. First Pacific Financial now owns 1,595 shares of the payment services company’s stock valued at $485,000 after buying an additional 1,386 shares during the last quarter. Reliant Investment Management LLC purchased a new position in shares of American Express in the third quarter worth about $8,076,000. Weil Company Inc. increased its holdings in shares of American Express by 1.7% in the third quarter. Weil Company Inc. now owns 6,155 shares of the payment services company’s stock worth $1,872,000 after buying an additional 100 shares during the period. Finally, Triumph Capital Management increased its holdings in shares of American Express by 48.9% in the third quarter. Triumph Capital Management now owns 2,455 shares of the payment services company’s stock worth $771,000 after buying an additional 806 shares during the period. Institutional investors own 84.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. lowered their target price on American Express from $400.00 to $360.00 and set an “overweight” rating for the company in a research note on Monday. HSBC raised their price target on American Express from $312.00 to $329.00 and gave the stock a “hold” rating in a research report on Monday, July 13th. BTIG Research decreased their price target on American Express from $315.00 to $230.00 and set a “sell” rating on the stock in a research note on Monday, September 7th. Citigroup dropped their price objective on American Express from $355.00 to $340.00 and set a “neutral” rating for the company in a research note on Wednesday, September 30th. Finally, Evercore set a $320.00 target price on shares of American Express in a report on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, American Express presently has an average rating of “Moderate Buy” and an average price target of $365.63.

American Express Stock Performance

NYSE:AXP opened at $313.61 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 Company has a twelve month low of $290.97 and a twelve month high of $387.49. The stock has a market cap of $211.79 billion, a P/E ratio of 19.03, a price-to-earnings-growth ratio of 1.31 and a beta of 1.08. The firm’s fifty day simple moving average is $321.67 and its 200 day simple moving average is $325.37.

American Express (NYSE:AXP) last posted its 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. The firm had revenue of $14.99 billion during the quarter, compared to analysts’ expectations of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period last year, the company posted $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, research analysts predict that American Express Company will post 17.65 EPS for the current year.

American Express Dividend Announcement

The company 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. The ex-dividend date is Friday, October 9th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. American Express’s dividend payout ratio is 23.06%.

Key American Express News

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

• Positive Sentiment: Institutional investor support: Harris Oakmark’s third-quarter 2026 investor letter identified American Express as a compelling investment, signaling confidence in the company’s brand, business quality and long-term capital appreciation potential. What Makes American Express (AXP) a Compelling Bet?
• Positive Sentiment: AI commerce opportunity: American Express is developing issuer-side tools, including “Proof of Intent” and AI-powered payment security, to authenticate purchases made by autonomous shopping agents. If successful, the technology could protect against fraud, support higher transaction volumes and create a new payments growth channel. Can American Express Turn AI Commerce Into a New Growth Driver?
• Neutral Sentiment: Marketing partnership: Rakuten launched a limited-edition Naruto Shippuden design for the Rakuten American Express Card. The promotion may improve card engagement and brand visibility, but it does not change the card’s existing rewards or represent a material near-term earnings catalyst. Rakuten Introduces Limited Edition NARUTO SHIPPUDEN Credit Card Design
• Positive Sentiment: Analyst valuation support: Brokerages reportedly have a consensus target price of $365.63, implying meaningful upside relative to the recent trading level. However, the target is forward-looking and does not eliminate regulatory risks. American Express Consensus Target Price
• Negative Sentiment: AML fine and valuation concerns: A reported $350 million anti-money-laundering fine is pressuring the investment case, raising questions about compliance costs, regulatory oversight and whether AXP’s valuation fully reflects its earnings power. American Express Stock May Sit Below Fair Value As AML Fine Lands

American Express 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.