American Express Company $AXP Stock: International Assets Investment Management LLC Grows Holdings

International Assets Investment Management LLC grew its stake in American Express Company (NYSE:AXP) by 1,710.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 82,522 shares of the payment services company’s stock after acquiring an additional 77,965 shares during the period. International Assets Investment Management LLC’s holdings in American Express were worth $25,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of American Express during the 2nd quarter worth about $14,208,662,000. State Street Corp grew its stake in American Express by 40.2% in the 2nd quarter. State Street Corp now owns 40,967,262 shares of the payment services company’s stock valued at $13,857,176,000 after buying an additional 11,739,541 shares during the last quarter. Bank of America Corp DE raised its holdings in American Express by 8.4% in the 2nd 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 acquiring an additional 614,981 shares during the period. Corient Private Wealth LP bought a new position in American Express in the 2nd quarter valued at about $253,945,000. Finally, Bank of New York Mellon Corp acquired a new stake in American Express during the second quarter worth approximately $1,263,787,000. Institutional investors and hedge funds 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: American Express introduced a new redemption option allowing eligible consumer and business cash-back cardmembers to deposit Reward Dollars into American Express High Yield Savings Accounts and Business Checking Accounts. The feature could improve customer retention, deepen relationships across the company’s card and banking products, and support deposit growth. American Express Connects Cash Back to High Yield Savings Accounts and Business Checking Accounts
• Positive Sentiment: The launch of Canada’s first Hilton Honors American Express co-branded card expands the company’s international partnership with Hilton and could generate additional spending, fees, and customer acquisition. American Express and Hilton Launch Canada’s First Hilton Honors Credit Card
• Positive Sentiment: American Express benefited from positive payments-sector sentiment after Mastercard reported better-than-expected revenue and earnings, although the effect may be temporary. Mastercard Rises on Revenue and EPS Beat
• Neutral Sentiment: American Express issued $1.5 billion of fixed-to-floating-rate notes carrying a 5.447% rate. The financing provides capital, but increases interest expense and leverage exposure. American Express Issues New Fixed-to-Floating Rate Notes
• Neutral Sentiment: Analyst coverage remains mixed. Commentary favors Mastercard for faster growth, more diversified revenue, and lower credit risk, while other coverage highlights AXP’s strong profitability, revenue growth, share repurchases, and Berkshire Hathaway’s sizable stake.
• Negative Sentiment: A U.S. Bank risk executive is reportedly moving to American Express as the company deals with regulatory penalties related to anti-money-laundering compliance failures. The leadership addition may strengthen risk controls, but the penalties and compliance scrutiny create reputational and cost risks. U.S. Bank Risk Chief Heads to Amex
• Negative Sentiment: Relative-value analysis argues that Mastercard currently offers better growth prospects and lower credit risk than American Express, potentially limiting investor enthusiasm for AXP despite its lower valuation.

American Express Price Performance

American Express stock opened at $319.03 on Friday. The stock’s fifty day moving average price is $317.18 and its two-hundred day moving average price is $326.44. American Express Company has a one year low of $290.97 and a one year high of $387.49. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.58 and a quick ratio of 1.54. The firm has a market cap of $213.93 billion, a PE ratio of 17.96, a price-to-earnings-growth ratio of 1.37 and a beta of 1.08.

American Express (NYSE:AXP) last announced its quarterly earnings data on Friday, October 23rd. The payment services company reported $4.68 earnings per share for the quarter, beating the consensus estimate of $4.50 by $0.18. The firm had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $20.12 billion. American Express had a return on equity of 34.19% and a net margin of 15.80%. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.14 EPS. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. As a group, research analysts expect that American Express Company will post 17.88 EPS for the current fiscal year.

American Express Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be given a $0.95 dividend. 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 (DPR) is presently 21.40%.

Analyst Ratings Changes

AXP has been the topic of several research reports. Guggenheim assumed coverage on American Express in a research report on Monday, July 13th. They issued a “buy” rating on the stock. Benchmark assumed coverage on American Express in a report on Monday, July 13th. They set a “buy” rating for the company. Morgan Stanley reduced their price target on American Express from $382.00 to $380.00 and set an “equal weight” rating for the company in a research note on Monday, October 12th. William Blair restated an “outperform” rating on shares of American Express in a research note on Friday, October 23rd. Finally, JPMorgan Chase & Co. upped their price objective on American Express from $360.00 to $365.00 and gave the company an “overweight” rating in a report on Monday, October 26th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, American Express has an average rating of “Moderate Buy” and an average price target of $365.19.

American Express Profile

American Express Company is a global financial services company that provides payment, lending, travel and expense management products and services. Its offerings include consumer and small-business charge and credit cards, corporate payment programs, business financing solutions, deposit products and digital payment services.

The company operates an integrated payments network that connects card members, merchants and financial institutions. American Express also provides merchant acquisition and payment processing services, data and analytics, fraud prevention tools, and customer loyalty programs.