3,210 American Express Company $AXP Shares Sold by North Capital Inc.

North Capital Inc. reduced its position in American Express Company (NYSE:AXP) by 69.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,407 shares of the payment services company’s stock after selling 3,210 shares during the period. North Capital Inc.’s holdings in American Express were worth $436,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in American Express during the 2nd quarter valued at $14,208,662,000. State Street Corp increased its holdings in shares of 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 worth $13,857,176,000 after purchasing an additional 11,739,541 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of 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 worth $2,695,702,000 after purchasing an additional 614,981 shares in the last quarter. Corient Private Wealth LP raised its stake in shares of American Express by 492.2% in the second quarter. Corient Private Wealth LP now owns 4,771,292 shares of the payment services company’s stock worth $1,613,890,000 after purchasing an additional 3,965,582 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of American Express in the second quarter worth $1,263,787,000. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Guggenheim started coverage on American Express in a report on Monday, July 13th. They set a “buy” rating on the stock. TD Cowen dropped their price objective on American Express from $338.00 to $335.00 and set a “hold” rating on the stock in a research report on Tuesday, October 6th. Jefferies Financial Group upgraded American Express from a “hold” rating to a “buy” rating in a report on Monday, July 13th. Royal Bank Of Canada decreased their target price on American Express from $415.00 to $400.00 and set an “outperform” rating for the company in a research report on Friday, October 9th. Finally, HSBC boosted their target price on American Express from $312.00 to $329.00 and gave the stock a “hold” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, American Express has a consensus rating of “Moderate Buy” and a consensus price target of $365.63.

American Express Trading Up 2.2%

Shares of AXP stock opened at $313.61 on Friday. American Express Company has a 12-month low of $290.97 and a 12-month high of $387.49. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66. The firm’s 50 day moving average is $321.67 and its 200 day moving average is $325.37. The stock has a market capitalization of $211.79 billion, a P/E ratio of 19.03, a P/E/G 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 EPS for the quarter, topping analysts’ consensus estimates of $4.41 by $0.12. The business 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%. The firm’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts expect that American Express Company will post 17.65 earnings per share for the current year.

American Express Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 9th will be given a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, October 9th. American Express’s dividend payout ratio (DPR) is presently 23.06%.

Trending Headlines about American Express

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

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.