Courier Capital LLC lowered its holdings in American Express Company (NYSE:AXP – Free Report) by 47.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,066 shares of the payment services company’s stock after selling 9,081 shares during the period. Courier Capital LLC’s holdings in American Express were worth $3,061,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in American Express in the 2nd quarter worth about $14,208,662,000. State Street Corp grew its holdings in 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 valued at $13,857,176,000 after buying an additional 11,739,541 shares during the period. Corient Private Wealth LP acquired a new position in shares of American Express during the 2nd quarter valued at about $253,945,000. Bank of New York Mellon Corp acquired a new position in shares of American Express during the 2nd quarter valued at about $1,263,787,000. Finally, Legal & General Group Plc acquired a new position in shares of American Express during the 2nd quarter valued at about $1,138,054,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting American Express
Here are the key news stories impacting American Express this week:
- Positive Sentiment: American Express published an Intent Intelligence framework for agentic commerce, designed to authenticate a customer’s purchase intent and prevent AI agents from completing unauthorized transactions. The initiative could strengthen trust in AI-powered payments and help AXP shape emerging industry standards. American Express Publishes Intent Intelligence Framework for Trusted Agentic Commerce
- Positive Sentiment: JPMorgan maintained an Overweight rating and set a $360 price target, implying roughly 16% potential upside from the referenced share price. The target remains bullish, although it was reduced from $400, signaling more cautious expectations.
- Neutral Sentiment: American Express was named title sponsor of the inaugural Hong Kong Sail Grand Prix. The sponsorship should support brand visibility and premium-card marketing, but its direct financial impact is likely limited. American Express Named Title Sponsor of Inaugural Hong Kong Sail Grand Prix
- Negative Sentiment: American Express National Bank was fined $350 million by the Office of the Comptroller of the Currency over deficiencies in its Bank Secrecy Act and anti-money-laundering controls, alongside a cease-and-desist order. The matter could increase compliance costs, create execution risk and pressure margins or reputation. American Express fined OCC $350m over AML controls
- Negative Sentiment: The regulatory action has prompted concerns that compliance spending could become a more important margin test. Analysts and commentators remain constructive on AXP’s long-term franchise, but the fine adds uncertainty to the company’s growth and profitability outlook. AML Fine Turns Compliance Into the Next Margin Test
Analyst Ratings Changes
View Our Latest Report on American Express
American Express Trading Down 0.5%
Shares of American Express stock traded down $1.56 during trading hours on Tuesday, reaching $309.97. The stock had a trading volume of 3,155,890 shares, compared to its average volume of 3,240,624. The firm has a 50 day simple moving average of $323.10 and a two-hundred day simple moving average of $325.17. The firm has a market capitalization of $209.33 billion, a price-to-earnings ratio of 18.81, a P/E/G ratio of 1.33 and a beta of 1.08. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66. American Express Company has a 1 year low of $290.97 and a 1 year high of $387.49.
American Express (NYSE:AXP – Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $19.70 billion. During the same period in the previous year, the company posted $4.08 EPS. The company’s revenue 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. As a group, equities research analysts anticipate that American Express Company will post 17.67 earnings per share for the current year.
American Express Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be issued a $0.95 dividend. The ex-dividend date is Friday, October 9th. This represents a $3.80 annualized dividend and a yield of 1.2%. American Express’s dividend payout ratio (DPR) is presently 23.06%.
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.
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