Ninety One UK Ltd Makes New Investment in American Express Company $AXP

Ninety One UK Ltd purchased a new position in shares of American Express Company (NYSE:AXP) in the third quarter, Holdings Channel.com reports. The firm purchased 70,087 shares of the payment services company’s stock, valued at approximately $21,313,000.

Other institutional investors also recently bought and sold shares of the company. Archer Investment Corp acquired a new stake in shares of American Express during the 2nd quarter worth about $25,000. Elevation Wealth Partners LLC lifted its stake in American Express by 78.8% during the third quarter. Elevation Wealth Partners LLC now owns 93 shares of the payment services company’s stock worth $28,000 after purchasing an additional 41 shares during the last quarter. Frazier Financial Advisors LLC lifted its stake in American Express by 66.7% during the first quarter. Frazier Financial Advisors LLC now owns 100 shares of the payment services company’s stock worth $30,000 after purchasing an additional 40 shares during the last quarter. Evolution Wealth Management Inc. boosted its holdings in American Express by 58.2% in the first quarter. Evolution Wealth Management Inc. now owns 106 shares of the payment services company’s stock valued at $32,000 after purchasing an additional 39 shares in the last quarter. Finally, Whipplewood Advisors LLC boosted its holdings in American Express by 2,550.0% in the first quarter. Whipplewood Advisors LLC now owns 106 shares of the payment services company’s stock valued at $32,000 after purchasing an additional 102 shares in the last quarter. 84.33% of the stock is owned by hedge funds and other institutional investors.

American Express Stock Performance

Shares of AXP stock opened at $313.61 on Friday. The stock’s 50-day moving average is $321.67 and its two-hundred day moving average 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 1 year low of $290.97 and a 1 year high of $387.49. The firm has a market cap of $211.79 billion, a price-to-earnings ratio of 19.03, a PEG ratio of 1.31 and a beta of 1.08.

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

American Express Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be paid 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 currently 23.06%.

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

Analysts Set New Price Targets

AXP has been the topic of several recent analyst reports. President Capital increased their price target on shares of American Express from $359.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. Bank of America raised their price objective on shares of American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Evercore set a $320.00 price objective on shares of American Express in a research report on Thursday, October 1st. TD Cowen lowered their target price on shares of American Express from $338.00 to $335.00 and set a “hold” rating for the company in a report on Tuesday, October 6th. Finally, Truist Financial lowered their target price on shares of American Express from $375.00 to $370.00 and set a “buy” rating for the company in a report on Wednesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $365.63.

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.