American Express Company $AXP Stock: Sustainable Growth Advisers LP Lowers Stake

Sustainable Growth Advisers LP lowered its holdings in shares of American Express Company (NYSE:AXP) by 4.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 942,591 shares of the payment services company’s stock after selling 44,915 shares during the quarter. American Express accounts for about 3.1% of Sustainable Growth Advisers LP’s portfolio, making the stock its 12th biggest position. Sustainable Growth Advisers LP owned about 0.14% of American Express worth $286,642,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of AXP. Archer Investment Corp acquired a new position in shares of American Express in the 2nd quarter valued at approximately $25,000. Lifetime Wealth Management P.C. bought a new stake in American Express during the 4th quarter worth approximately $33,000. Elevation Wealth Partners LLC raised its holdings in American Express by 78.8% during the 3rd quarter. Elevation Wealth Partners LLC now owns 93 shares of the payment services company’s stock worth $28,000 after buying an additional 41 shares during the period. Cedar Mountain Advisors LLC raised its holdings in American Express by 58.3% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company’s stock worth $32,000 after buying an additional 35 shares during the period. Finally, Frazier Financial Advisors LLC acquired a new stake in American Express during the 2nd quarter worth approximately $33,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AXP. The Goldman Sachs Group upped their price target on shares of American Express from $400.00 to $410.00 and gave the company a “buy” rating in a report on Monday, July 6th. President Capital increased their price objective on shares of American Express from $359.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Weiss Ratings restated a “hold (c+)” rating on shares of American Express in a report on Friday, October 9th. BMO Capital Markets began coverage on shares of American Express in a research note on Thursday, October 8th. They issued an “outperform” rating and a $380.00 target price for the company. Finally, Morgan Stanley lowered their target price on American Express from $382.00 to $380.00 and set an “equal weight” rating for the company in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, American Express presently has an average rating of “Moderate Buy” and a consensus target price of $365.63.

American Express News Summary

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 Trading Up 2.2%

NYSE AXP opened at $313.61 on Friday. The stock has a market capitalization of $211.79 billion, a price-to-earnings ratio of 19.03, a PEG ratio of 1.31 and a beta of 1.08. The stock’s 50 day moving average price is $321.67 and its two-hundred day moving average price is $325.37. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55. American Express Company has a 52 week low of $290.97 and a 52 week high of $387.49.

American Express (NYSE:AXP) last released 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. The firm had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%. The business’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, analysts anticipate that American Express Company will post 17.65 earnings per share for the current fiscal year.

American Express Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 9th will be given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, October 9th. American Express’s payout ratio is currently 23.06%.

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.