American Express Company $AXP Shares Newly Acquired by B.A. Schrock Wealth Management Inc.

B.A. Schrock Wealth Management Inc. purchased a new position in shares of American Express Company (NYSE:AXP) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 10,073 shares of the payment services company’s stock, valued at approximately $3,235,000.

Other institutional investors have also made changes to their positions in the company. Nolet Wealth Management LLC raised its position in shares of American Express by 5.5% in the third quarter. Nolet Wealth Management LLC now owns 810 shares of the payment services company’s stock valued at $246,000 after purchasing an additional 42 shares during the period. Howard Financial Services LTD. raised its holdings in American Express by 6.0% in the 3rd quarter. Howard Financial Services LTD. now owns 1,841 shares of the payment services company’s stock valued at $560,000 after acquiring an additional 104 shares during the period. Ashurst Perkins Coie Trust Co acquired a new stake in American Express during the third quarter worth approximately $35,000. ZWJ Investment Counsel Inc. boosted its holdings in shares of American Express by 3.1% during the third quarter. ZWJ Investment Counsel Inc. now owns 163,278 shares of the payment services company’s stock worth $50,120,000 after acquiring an additional 4,939 shares during the period. Finally, Triangle Securities Wealth Management boosted its holdings in shares of American Express by 88.2% during the third quarter. Triangle Securities Wealth Management now owns 3,637 shares of the payment services company’s stock worth $1,106,000 after acquiring an additional 1,704 shares during the period. 84.33% of the stock is owned by institutional investors and hedge funds.

American Express Stock Performance

NYSE:AXP opened at $306.57 on Thursday. The company has a market cap of $207.03 billion, a price-to-earnings ratio of 18.60, a PEG ratio of 1.34 and a beta of 1.08. American Express Company has a fifty-two week low of $290.97 and a fifty-two week high of $387.49. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55. The stock has a fifty day moving average price of $322.25 and a 200-day moving average price of $325.22.

American Express (NYSE:AXP – Get Free Report) last issued its quarterly 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. American Express had a return on equity of 34.12% and a net margin of 15.07%. The company had revenue of $14.99 billion for the quarter, compared to analysts’ expectations of $19.70 billion. During the same quarter last year, the business earned $4.08 earnings per share. American Express’s 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. As a group, equities analysts anticipate that American Express Company will post 17.65 EPS for the current fiscal year.

American Express Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. American Express’s payout ratio is 23.06%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Benchmark assumed coverage on American Express in a research note on Monday, July 13th. They set a “buy” rating on the stock. Barclays reduced their price target on American Express from $364.00 to $342.00 and set an “equal weight” rating for the company in a research note on Monday, October 5th. Morgan Stanley decreased their price objective on American Express from $382.00 to $380.00 and set an “equal weight” rating on the stock in a report on Monday. Piper Sandler increased their price objective on American Express from $396.00 to $405.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Finally, Royal Bank Of Canada dropped their target price on American Express from $415.00 to $400.00 and set an “outperform” rating for the company in a report on Friday, October 9th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $365.63.

Read Our Latest Stock Report on AXP

American Express News Summary

Here are the key news stories impacting American Express this week:

  • Positive Sentiment: American Express is developing an “Intent Intelligence” framework and “Proof of Intent” token to help ensure AI agents complete only authorized purchases. If adopted broadly, the technology could reduce fraud and disputes, support safer agentic commerce and increase payment volumes. American Express Publishes Intent Intelligence Framework for Trusted Agentic Commerce
  • Positive Sentiment: Analysts cited in recent coverage see a consensus price target of approximately $365.63, implying upside from recent trading levels. Other commentary highlights double-digit growth and a below-average valuation multiple, while the company has raised its full-year revenue outlook. American Express Consensus Target Price
  • Neutral Sentiment: American Express was named title sponsor of the inaugural Hong Kong Sail Grand Prix. The agreement may strengthen brand visibility and customer engagement, but its direct financial impact is likely limited. American Express Named Title Sponsor of Hong Kong Sail Grand Prix
  • Neutral Sentiment: Analyst views remain mixed: some see attractive growth at the current multiple, while others question whether the stock price fully reflects the returns generated by the business. This divergence could limit near-term momentum. Analysts Conflicted on American Express
  • Negative Sentiment: A reported $350 million AML fine is weighing on the investment case. The penalty raises concerns about compliance costs, regulatory oversight and potential reputational damage, and is a key reason investors may view AXP as below fair value despite its earnings growth. American Express Stock May Sit Below Fair Value as AML Fine Lands

American Express Profile

(Free Report)

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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Institutional Ownership by Quarter for American Express (NYSE:AXP)

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