1,704 American Express Company $AXP Shares Bought by Triangle Securities Wealth Management

Triangle Securities Wealth Management raised its holdings in American Express Company (NYSE:AXP) by 88.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,637 shares of the payment services company’s stock after purchasing an additional 1,704 shares during the quarter. Triangle Securities Wealth Management’s holdings in American Express were worth $1,106,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Flputnam Investment Management Co. purchased a new position in shares of American Express in the 2nd quarter valued at approximately $12,879,000. State Street Corp increased its holdings in shares of American Express by 40.2% in the second quarter. State Street Corp now owns 40,967,262 shares of the payment services company’s stock valued at $13,857,176,000 after purchasing an additional 11,739,541 shares during the period. Evolve Private Wealth LLC acquired a new position in shares of American Express in the second quarter valued at approximately $5,172,000. Silicon Valley Capital Partners raised its stake in shares of American Express by 14.9% during the second quarter. Silicon Valley Capital Partners now owns 41,480 shares of the payment services company’s stock worth $14,030,000 after purchasing an additional 5,365 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp purchased a new stake in shares of American Express during the second quarter worth approximately $11,642,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on AXP. Loop Capital decreased their price target on American Express from $389.00 to $386.00 and set a “buy” rating for the company in a report on Monday, July 27th. UBS Group lowered their price objective on shares of American Express from $384.00 to $345.00 and set a “neutral” rating on the stock in a research report on Monday, October 5th. Benchmark began coverage on shares of American Express in a research note on Monday, July 13th. They issued a “buy” rating on the stock. Piper Sandler upped their price objective on shares of American Express from $396.00 to $405.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Finally, President Capital upped 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. One investment 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $365.63.

Key American Express News

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

• Positive Sentiment: American Express is developing an “Intent Intelligence” framework and “Proof of Intent” token to help ensure AI agents complete only authorized purchases. If adopted broadly, the technology could reduce fraud and disputes, support safer agentic commerce and increase payment volumes. American Express Publishes Intent Intelligence Framework for Trusted Agentic Commerce
• Positive Sentiment: Analysts cited in recent coverage see a consensus price target of approximately $365.63, implying upside from recent trading levels. Other commentary highlights double-digit growth and a below-average valuation multiple, while the company has raised its full-year revenue outlook. American Express Consensus Target Price
• Neutral Sentiment: American Express was named title sponsor of the inaugural Hong Kong Sail Grand Prix. The agreement may strengthen brand visibility and customer engagement, but its direct financial impact is likely limited. American Express Named Title Sponsor of Hong Kong Sail Grand Prix
• Neutral Sentiment: Analyst views remain mixed: some see attractive growth at the current multiple, while others question whether the stock price fully reflects the returns generated by the business. This divergence could limit near-term momentum. Analysts Conflicted on American Express
• Negative Sentiment: A reported $350 million AML fine is weighing on the investment case. The penalty raises concerns about compliance costs, regulatory oversight and potential reputational damage, and is a key reason investors may view AXP as below fair value despite its earnings growth. American Express Stock May Sit Below Fair Value as AML Fine Lands

American Express Trading Down 1.1%

NYSE:AXP opened at $306.57 on Thursday. 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 company has a market capitalization of $207.03 billion, a PE ratio of 18.60, a price-to-earnings-growth ratio of 1.34 and a beta of 1.08. The stock has a fifty day simple moving average of $322.25 and a 200-day simple moving average of $325.22. American Express Company has a 52-week low of $290.97 and a 52-week high of $387.49.

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

American Express Dividend Announcement

The business 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. 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 is 23.06%.

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.