American Express Company $AXP Stock: VestGen Advisors LLC Reduces Stake

Posted by Stanley Muller on Oct 31st, 2026

American Express logo VestGen Advisors LLC lowered its position in American Express Company (NYSE:AXP – Free Report) by 54.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 4,250 shares of the payment services company’s stock after selling 5,087 shares during the period. VestGen Advisors LLC’s holdings in American Express were worth $1,293,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of AXP. Stockman Wealth Management Inc. lifted its stake in shares of American Express by 3.5% in the 3rd quarter. Stockman Wealth Management Inc. now owns 50,288 shares of the payment services company’s stock valued at $15,293,000 after acquiring an additional 1,710 shares during the last quarter. Sigma Investment Counselors Inc. boosted its holdings in American Express by 29.1% during the 3rd quarter. Sigma Investment Counselors Inc. now owns 3,376 shares of the payment services company’s stock valued at $1,027,000 after acquiring an additional 760 shares during the period. William Mack & Associates Inc. bought a new position in American Express during the 3rd quarter worth approximately $86,000. Victory Financial Group LLC grew its position in American Express by 31.5% during the 3rd quarter. Victory Financial Group LLC now owns 2,229 shares of the payment services company’s stock worth $678,000 after acquiring an additional 534 shares during the last quarter. Finally, Great Lakes Retirement Inc. increased its stake in American Express by 0.5% in the 3rd quarter. Great Lakes Retirement Inc. now owns 11,688 shares of the payment services company’s stock worth $3,554,000 after purchasing an additional 55 shares during the period. 84.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on the company. President Capital boosted their price objective on American Express from $359.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Benchmark assumed coverage on shares of American Express in a research note on Monday, July 13th. They issued a “buy” rating on the stock. Jefferies Financial Group reiterated a “hold” rating and set a $330.00 price target on shares of American Express in a report on Friday, October 23rd. Piper Sandler increased their price target on shares of American Express from $396.00 to $405.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Finally, TD Cowen dropped their price target on shares of American Express from $338.00 to $335.00 and set a “hold” rating for the company in a research report on Tuesday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $365.19.

Get Our Latest Research Report on American Express

Key American Express News

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 Trading Down 1.4%

AXP opened at $319.03 on Friday. The business has a 50 day simple moving average of $317.18 and a two-hundred day simple moving average of $326.44. The firm has a market capitalization of $213.93 billion, a price-to-earnings ratio of 17.96, a PEG ratio of 1.37 and a beta of 1.08. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.58 and a quick ratio of 1.54. American Express Company has a one year low of $290.97 and a one year high of $387.49.

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 for the quarter, topping the consensus estimate of $4.50 by $0.18. The business 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 business’s revenue was up 8.9% on a year-over-year basis. During the same quarter last year, the business posted $4.14 EPS. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. Analysts predict that American Express Company will post 17.88 EPS for the current year.

American Express Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Investors 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%.

About American Express

(Free Report)

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.