Orange Investment Advisors Inc. trimmed its holdings in American Express Company (NYSE:AXP – Free Report) by 14.8% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 28,153 shares of the payment services company’s stock after selling 4,908 shares during the quarter. American Express accounts for about 1.1% of Orange Investment Advisors Inc.’s holdings, making the stock its 25th biggest holding. Orange Investment Advisors Inc.’s holdings in American Express were worth $8,561,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Archer Investment Corp bought a new position in shares of American Express during the 2nd quarter valued at $25,000. Elevation Wealth Partners LLC raised its position in American Express by 78.8% in the 3rd 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 period. Frazier Financial Advisors LLC lifted its stake in American Express by 66.7% in 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. lifted its stake 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 worth $32,000 after purchasing an additional 39 shares during the last quarter. Finally, Whipplewood Advisors LLC boosted its position in American Express by 2,550.0% during the first quarter. Whipplewood Advisors LLC now owns 106 shares of the payment services company’s stock valued at $32,000 after buying an additional 102 shares during the period. Hedge funds and other institutional investors own 84.33% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on AXP. Bank of America upped their price target on shares of American Express from $387.00 to $391.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. BMO Capital Markets started coverage on American Express in a research report on Thursday, October 8th. They set an “outperform” rating and a $380.00 price target on the stock. Piper Sandler lifted their price target on American Express from $396.00 to $405.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Benchmark started coverage on American Express in a research note on Monday, July 13th. They issued a “buy” rating on the stock. Finally, Barclays lowered their price objective on American Express from $364.00 to $342.00 and set an “equal weight” rating for the company in a research report on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, American Express has an average rating of “Moderate Buy” and an average target price of $364.89.
View Our Latest Stock Report on American Express
American Express Trading Down 0.0%
Shares of AXP opened at $313.10 on Monday. The stock has a market capitalization of $211.44 billion, a P/E ratio of 17.63, a PEG ratio of 1.33 and a beta of 1.08. American Express Company has a twelve month low of $290.97 and a twelve month high of $387.49. The company has a quick ratio of 1.54, a current ratio of 1.65 and a debt-to-equity ratio of 1.64. The firm has a fifty day simple moving average of $318.84 and a two-hundred day simple moving average of $326.09.
American Express (NYSE:AXP – Get Free Report) last released its quarterly earnings data on Friday, October 23rd. The payment services company reported $4.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.50 by $0.18. The firm had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $20.12 billion. American Express had a net margin of 15.80% and a return on equity of 34.19%. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.14 earnings per share. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. On average, research analysts anticipate that American Express Company will post 17.65 EPS for the current year.
American Express Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders 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 dividend yield of 1.2%. The ex-dividend date is Friday, October 9th. American Express’s dividend payout ratio is currently 21.40%.
Key Stories Impacting American Express
Here are the key news stories impacting American Express this week:
- Positive Sentiment: Strong third-quarter results: American Express reported adjusted EPS of $4.68, above the $4.50 consensus estimate, while revenue rose 8.9% year over year to approximately $20.1 billion. Billed business increased 8% to $454 billion, supported by higher card spending, fees and interest income. American Express Q3 Earnings Beat Estimates on Strong Card Fees
- Positive Sentiment: Profit outlook increased: Management raised its 2026 adjusted EPS forecast to $17.60–$17.90, while reported coverage cited GAAP EPS guidance of $18.30–$18.60. Lower credit-loss provisions and continued spending by affluent customers supported the improved outlook. American Express raises 2026 profit forecast as affluent customers keep spending
- Positive Sentiment: Customer engagement initiatives: American Express is expanding its travel ecosystem by adding Airbnb listings and rewards to Amex Travel, potentially strengthening premium-card retention and spending. American Express brings Airbnb bookings and rewards to Amex Travel platform
- Neutral Sentiment: Premium-card benefit changes: Updates to the Platinum Card’s hotel and airport perks, including a revised $600 hotel credit beginning in 2027, could improve the value proposition for some members but may also introduce additional restrictions. Amex Platinum benefits updates
- Negative Sentiment: AI-related layoffs overshadowed the earnings beat: American Express plans to eliminate about 5% of its global workforce—roughly 3,500 to 4,000 positions—and will record a $336 million restructuring charge. Investors may view the move as evidence of rising costs and execution risk, even though it could generate longer-term efficiency gains. American Express is cutting 5% of its workforce
- Negative Sentiment: Revenue and network-volume performance were only broadly in line with expectations: This limited the positive impact of the earnings and guidance improvements, particularly amid a broader market decline and investor concerns about consumer resilience outside American Express’s affluent customer base. American Express Q3 earnings beat as network volume disappoints
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.
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