American Express Company $AXP Stock: Fagan Associates Inc. Raises Position

Fagan Associates Inc. raised its holdings in American Express Company (NYSE:AXP) by 2,180.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 28,735 shares of the payment services company’s stock after acquiring an additional 27,475 shares during the quarter. Fagan Associates Inc.’s holdings in American Express were worth $8,738,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Onyx Bridge Wealth Group LLC lifted its stake in American Express by 3.6% during the first quarter. Onyx Bridge Wealth Group LLC now owns 869 shares of the payment services company’s stock worth $263,000 after purchasing an additional 30 shares during the last quarter. Crown Wealth Group LLC raised its stake in shares of American Express by 5.2% during the first quarter. Crown Wealth Group LLC now owns 669 shares of the payment services company’s stock worth $202,000 after acquiring an additional 33 shares in the last quarter. KRS Capital Management LLC raised its stake in shares of American Express by 0.6% during the first quarter. KRS Capital Management LLC now owns 5,633 shares of the payment services company’s stock worth $1,704,000 after acquiring an additional 35 shares in the last quarter. Allegheny Financial Group lifted its stake in American Express by 0.9% in the first quarter. Allegheny Financial Group now owns 3,956 shares of the payment services company’s stock worth $1,197,000 after purchasing an additional 35 shares during the last quarter. Finally, Valmark Advisers Inc. lifted its stake 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 acquiring an additional 35 shares during the last quarter. 84.33% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AXP. Piper Sandler raised their price target on shares of American Express from $396.00 to $405.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. The Goldman Sachs Group increased their price objective on American Express from $400.00 to $410.00 and gave the stock a “buy” rating in a report on Monday, July 6th. Benchmark began coverage on shares of American Express in a report on Monday, July 13th. They set a “buy” rating for the company. Loop Capital cut their price objective on shares of American Express from $389.00 to $386.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. Finally, Citigroup cut their target price on American Express from $355.00 to $340.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, American Express currently has an average rating of “Moderate Buy” and a consensus price target of $365.63.

American Express Stock Performance

Shares of American Express stock traded down $1.56 on Tuesday, hitting $309.97. 3,155,890 shares of the company’s stock were exchanged, compared to its average volume of 3,240,624. The stock has a market capitalization of $209.33 billion, a PE ratio of 18.81, a PEG ratio of 1.33 and a beta of 1.08. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55. The company has a 50-day simple moving average of $323.10 and a 200-day simple moving average of $325.17. American Express Company has a 1 year low of $290.97 and a 1 year high of $387.49.

American Express (NYSE:AXP) last issued its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, topping analysts’ consensus estimates of $4.41 by $0.12. The business had revenue of $14.99 billion during the quarter, compared to analysts’ expectations of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%. The business’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts anticipate that American Express Company will post 17.67 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. 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 annualized dividend and a yield of 1.2%. American Express’s dividend payout ratio is currently 23.06%.

Key American Express News

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

• Positive Sentiment: American Express published an Intent Intelligence framework for agentic commerce, designed to authenticate a customer’s purchase intent and prevent AI agents from completing unauthorized transactions. The initiative could strengthen trust in AI-powered payments and help AXP shape emerging industry standards. American Express Publishes Intent Intelligence Framework for Trusted Agentic Commerce
• Positive Sentiment: JPMorgan maintained an Overweight rating and set a $360 price target, implying roughly 16% potential upside from the referenced share price. The target remains bullish, although it was reduced from $400, signaling more cautious expectations.
• Neutral Sentiment: American Express was named title sponsor of the inaugural Hong Kong Sail Grand Prix. The sponsorship should support brand visibility and premium-card marketing, but its direct financial impact is likely limited. American Express Named Title Sponsor of Inaugural Hong Kong Sail Grand Prix
• Negative Sentiment: American Express National Bank was fined $350 million by the Office of the Comptroller of the Currency over deficiencies in its Bank Secrecy Act and anti-money-laundering controls, alongside a cease-and-desist order. The matter could increase compliance costs, create execution risk and pressure margins or reputation. American Express fined OCC $350m over AML controls
• Negative Sentiment: The regulatory action has prompted concerns that compliance spending could become a more important margin test. Analysts and commentators remain constructive on AXP’s long-term franchise, but the fine adds uncertainty to the company’s growth and profitability outlook. AML Fine Turns Compliance Into the Next Margin Test

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.