American Express Company $AXP Stock Acquired by Goelzer Investment Management Inc.

Goelzer Investment Management Inc. boosted its position in American Express Company (NYSE:AXP) by 14.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 13,764 shares of the payment services company’s stock after buying an additional 1,694 shares during the quarter. Goelzer Investment Management Inc.’s holdings in American Express were worth $4,367,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Riverbend Wealth Management LLC increased its holdings in shares of American Express by 0.8% during the third quarter. Riverbend Wealth Management LLC now owns 4,534 shares of the payment services company’s stock valued at $1,379,000 after purchasing an additional 34 shares during the period. Goldstein Advisors LLC raised its stake in shares of American Express by 2.8% during the third quarter. Goldstein Advisors LLC now owns 1,965 shares of the payment services company’s stock valued at $598,000 after purchasing an additional 53 shares in the last quarter. Milestone Asset Management LLC lifted its holdings in American Express by 62.1% in the third quarter. Milestone Asset Management LLC now owns 7,927 shares of the payment services company’s stock worth $2,411,000 after purchasing an additional 3,038 shares during the period. Ellsworth Advisors LLC acquired a new stake in American Express in the third quarter worth about $3,357,000. Finally, NFSG Corp grew its position in American Express by 7.1% in the 3rd quarter. NFSG Corp now owns 4,166 shares of the payment services company’s stock valued at $1,270,000 after buying an additional 275 shares in the last quarter. 84.33% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting American Express

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

• Positive Sentiment: Strong consumer spending—particularly among affluent customers—continues to support American Express’s payment volumes and earnings outlook. Analysts also point to Wall Street wealth effects as a potential tailwind for discretionary spending. 3 Stocks to Watch as Wall Street Wealth Fuels Consumer Spending
• Positive Sentiment: American Express is expected to benefit from rising interest income, with consensus estimates calling for year-over-year earnings growth in the upcoming quarterly report. The company’s full-year 2026 EPS guidance remains $17.30 to $17.90. Will Rising Expenses Affect American Express’ Q3 Earnings?
• Positive Sentiment: The Rakuten American Express Card received a limited-edition NARUTO SHIPPUDEN design, helping refresh the card’s marketing appeal while retaining its existing cash-back rewards and benefits. Rakuten Introduces Limited Edition NARUTO SHIPPUDEN Credit Card Design
• Neutral Sentiment: American Express is developing AI-powered payment security for purchases initiated by autonomous shopping agents. The technology could support future transaction growth, but its financial impact is not yet clear. Can American Express Turn AI Commerce Into a New Growth Driver?
• Negative Sentiment: Higher operating expenses are expected to pressure margins and may offset some of the benefit from stronger spending and interest income. Zacks also indicates that AXP lacks the typical combination of factors supporting a likely earnings beat, increasing pre-earnings uncertainty. American Express Earnings Expected to Grow: Should You Buy?
• Negative Sentiment: Despite its favorable growth profile, American Express trades at a premium valuation, leaving less room for disappointment if quarterly revenue, expenses, or guidance fall short of expectations. Rising credit-card delinquencies are an additional sector risk.

Analyst Ratings Changes

Several equities analysts have commented on the stock. The Goldman Sachs Group raised their target price on shares of American Express from $400.00 to $410.00 and gave the company a “buy” rating in a research note on Monday, July 6th. TD Cowen reduced their price target on shares of American Express from $338.00 to $335.00 and set a “hold” rating for the company in a research note on Tuesday, October 6th. HSBC upped their price target on shares of American Express from $312.00 to $329.00 and gave the stock a “hold” rating in a research note on Monday, July 13th. UBS Group decreased their price objective on shares of American Express from $384.00 to $345.00 and set a “neutral” rating for the company in a report on Monday, October 5th. Finally, Bank of America raised their price objective on shares of American Express from $387.00 to $391.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, American Express presently has an average rating of “Moderate Buy” and an average price target of $365.63.

American Express Price Performance

NYSE:AXP opened at $313.47 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. The business’s 50-day moving average price is $321.12 and its 200 day moving average price is $325.29. American Express Company has a 52-week low of $290.97 and a 52-week high of $387.49. The firm has a market cap of $211.69 billion, a P/E ratio of 19.02, a PEG ratio of 1.34 and a beta of 1.08.

American Express (NYSE:AXP) last issued its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, beating analysts’ consensus estimates of $4.41 by $0.12. The company had revenue of $14.99 billion during the quarter, compared to the consensus estimate of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. American Express’s revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the company earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, sell-side analysts predict that American Express Company will post 17.65 earnings per share for the current fiscal year.

American Express Dividend Announcement

The firm 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 dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, October 9th. American Express’s dividend payout ratio (DPR) is presently 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.