American Express Company $AXP Stock Bought by Frank Rimerman Advisors LLC

Posted by Brian Himes on Oct 18th, 2026

American Express logo Frank Rimerman Advisors LLC grew its holdings in American Express Company (NYSE:AXP) by 22.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 18,142 shares of the payment services company’s stock after buying an additional 3,366 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in American Express were worth $5,517,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Birch Hill Investment Advisors LLC raised its stake in shares of American Express by 6,378.6% in the third quarter. Birch Hill Investment Advisors LLC now owns 145,769 shares of the payment services company’s stock valued at $44,328,000 after acquiring an additional 143,519 shares in the last quarter. Alpine Bank Wealth Management boosted its holdings in American Express by 4.3% in the third quarter. Alpine Bank Wealth Management now owns 5,679 shares of the payment services company’s stock valued at $1,778,000 after purchasing an additional 234 shares during the period. KRS Capital Management LLC grew its stake in American Express by 28.1% during the 3rd quarter. KRS Capital Management LLC now owns 7,202 shares of the payment services company’s stock worth $2,190,000 after purchasing an additional 1,579 shares in the last quarter. Kintegral Advisory LLC grew its stake in American Express by 17.2% during the 3rd quarter. Kintegral Advisory LLC now owns 45,249 shares of the payment services company’s stock worth $15,167,000 after purchasing an additional 6,652 shares in the last quarter. Finally, AWM Capital LLC grew its stake in American Express by 32.4% during the 3rd quarter. AWM Capital LLC now owns 894 shares of the payment services company’s stock worth $272,000 after purchasing an additional 219 shares in the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

American Express Price Performance

American Express stock opened at $313.47 on Friday. 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 company has a fifty day simple moving average of $321.12 and a 200-day simple moving average of $325.29. The stock has a market cap of $211.69 billion, a P/E ratio of 19.02, a price-to-earnings-growth ratio of 1.33 and a beta of 1.08. American Express Company has a 12-month low of $290.97 and a 12-month high of $387.49.

American Express (NYSE:AXP – Get Free Report) last posted its earnings results on Friday, July 24th. The payment services company reported $4.53 EPS 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 firm had revenue of $14.99 billion for the quarter, compared to analyst estimates of $19.70 billion. During the same quarter in the prior year, the company posted $4.08 earnings per share. American Express’s revenue for the quarter 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. Equities analysts expect that American Express Company will post 17.65 EPS for the current fiscal year.

American Express Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 9th will be given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, October 9th. American Express’s dividend payout ratio is currently 23.06%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on AXP. Benchmark initiated coverage on American Express in a report on Monday, July 13th. They set a “buy” rating on the stock. TD Cowen decreased their price objective on American Express from $338.00 to $335.00 and set a “hold” rating for the company in a research note on Tuesday, October 6th. BTIG Research lowered their price objective on American Express from $315.00 to $230.00 and set a “sell” rating for the company in a research report on Monday, September 7th. Evercore set a $320.00 price objective on American Express in a research report on Thursday, October 1st. Finally, Morgan Stanley cut their target price on shares of American Express from $382.00 to $380.00 and set an “equal weight” rating on the stock in a research note on Monday, October 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, American Express has a consensus rating of “Moderate Buy” and an average target price of $365.63.

View Our Latest Stock Report on AXP

Key American Express News

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

Positive Sentiment: Strong consumer spending—particularly among affluent customers—continues to support American Express’s payment volumes and earnings outlook. Analysts also point to Wall Street wealth effects as a potential tailwind for discretionary spending. 3 Stocks to Watch as Wall Street Wealth Fuels Consumer Spending
Positive Sentiment: American Express is expected to benefit from rising interest income, with consensus estimates calling for year-over-year earnings growth in the upcoming quarterly report. The company’s full-year 2026 EPS guidance remains $17.30 to $17.90. Will Rising Expenses Affect American Express’ Q3 Earnings?
Positive Sentiment: The Rakuten American Express Card received a limited-edition NARUTO SHIPPUDEN design, helping refresh the card’s marketing appeal while retaining its existing cash-back rewards and benefits. Rakuten Introduces Limited Edition NARUTO SHIPPUDEN Credit Card Design
Neutral Sentiment: American Express is developing AI-powered payment security for purchases initiated by autonomous shopping agents. The technology could support future transaction growth, but its financial impact is not yet clear. Can American Express Turn AI Commerce Into a New Growth Driver?
Negative Sentiment: Higher operating expenses are expected to pressure margins and may offset some of the benefit from stronger spending and interest income. Zacks also indicates that AXP lacks the typical combination of factors supporting a likely earnings beat, increasing pre-earnings uncertainty. American Express Earnings Expected to Grow: Should You Buy?
Negative Sentiment: Despite its favorable growth profile, American Express trades at a premium valuation, leaving less room for disappointment if quarterly revenue, expenses, or guidance fall short of expectations. Rising credit-card delinquencies are an additional sector risk.

American Express Profile

(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.