American Express Company $AXP Holdings Decreased by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners slashed its American Express stake by 99.2% in the third quarter, selling 273,323 shares and retaining just 2,171 shares valued at approximately $660,000.
• Institutional ownership remains high at 84.33%, with major investors including State Street and Bank of America increasing their positions while BlackRock and other funds initiated or expanded holdings.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $365.63; American Express also reported quarterly EPS above estimates and declared a $0.95-per-share dividend.

Curated Wealth Partners LLC decreased its stake in shares of American Express Company (NYSE:AXP) by 99.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,171 shares of the payment services company's stock after selling 273,323 shares during the period. Curated Wealth Partners LLC's holdings in American Express were worth $660,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in AXP. BlackRock Inc. bought a new position in American Express in the second quarter valued at about $14,208,662,000. State Street Corp grew its stake 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 purchasing an additional 11,739,541 shares during the period. Bank of America Corp DE increased its stake in shares of American Express by 8.4% during the 2nd quarter. Bank of America Corp DE now owns 7,969,555 shares of the payment services company's stock worth $2,695,702,000 after purchasing an additional 614,981 shares during the last quarter. Corient Private Wealth LP purchased a new position in American Express in the 2nd quarter valued at approximately $253,945,000. Finally, Bank of New York Mellon Corp bought a new stake in American Express during the 2nd quarter worth approximately $1,263,787,000. 84.33% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AXP. BTIG Research decreased their price target on shares of American Express from $315.00 to $230.00 and set a "sell" rating on the stock in a report on Monday, September 7th. Guggenheim initiated coverage on American Express in a research note on Monday, July 13th. They issued a "buy" rating for the company. JPMorgan Chase & Co. decreased their target price on shares of American Express from $400.00 to $360.00 and set an "overweight" rating on the stock in a research report on Monday. President Capital increased their target price on American Express from $359.00 to $400.00 and gave the company a "buy" rating in a report on Wednesday, August 19th. Finally, TD Cowen decreased their target price on shares of American Express from $338.00 to $335.00 and set a "hold" rating on the stock in a research note on Tuesday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $365.63.

More American Express News

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

• Positive Sentiment: Institutional investor support: Harris Oakmark’s third-quarter 2026 investor letter identified American Express as a compelling investment, signaling confidence in the company’s brand, business quality and long-term capital appreciation potential. What Makes American Express (AXP) a Compelling Bet?
• Positive Sentiment: AI commerce opportunity: American Express is developing issuer-side tools, including “Proof of Intent” and AI-powered payment security, to authenticate purchases made by autonomous shopping agents. If successful, the technology could protect against fraud, support higher transaction volumes and create a new payments growth channel. Can American Express Turn AI Commerce Into a New Growth Driver?
• Neutral Sentiment: Marketing partnership: Rakuten launched a limited-edition Naruto Shippuden design for the Rakuten American Express Card. The promotion may improve card engagement and brand visibility, but it does not change the card’s existing rewards or represent a material near-term earnings catalyst. Rakuten Introduces Limited Edition NARUTO SHIPPUDEN Credit Card Design
• Positive Sentiment: Analyst valuation support: Brokerages reportedly have a consensus target price of $365.63, implying meaningful upside relative to the recent trading level. However, the target is forward-looking and does not eliminate regulatory risks. American Express Consensus Target Price
• Negative Sentiment: AML fine and valuation concerns: A reported $350 million anti-money-laundering fine is pressuring the investment case, raising questions about compliance costs, regulatory oversight and whether AXP’s valuation fully reflects its earnings power. American Express Stock May Sit Below Fair Value As AML Fine Lands

American Express Stock Performance

Shares of AXP stock opened at $313.61 on Friday. The company's 50-day moving average is $321.67 and its 200 day moving average is $325.37. American Express Company has a one year low of $290.97 and a one year 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 company has a market capitalization of $211.79 billion, a price-to-earnings ratio of 19.03, a price-to-earnings-growth ratio of 1.31 and a beta of 1.08.

American Express (NYSE:AXP - Get Free Report) last issued its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping analysts' consensus estimates of $4.41 by $0.12. The business had revenue of $14.99 billion during the quarter, compared to analyst estimates of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%. American Express's revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Sell-side analysts expect that American Express Company will post 17.65 EPS for the current fiscal year.

American Express Dividend Announcement

The business 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. The ex-dividend date is Friday, October 9th. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. American Express's dividend payout ratio (DPR) is presently 23.06%.

American Express Company Profile

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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