American Express Company $AXP Position Raised by Venture Visionary Partners LLC

Key Points

• Venture Visionary Partners increased its American Express stake by 17.6% in the third quarter, bringing its holdings to 44,626 shares valued at approximately $13.7 million. Institutional investors collectively own 84.33% of the company.
• Analyst sentiment remains mixed, with an overall “Hold” rating and an average price target of $364.50. JPMorgan upgraded the stock to “Overweight” with a $400 target, while Citigroup and TD Cowen maintained more cautious views.
• American Express shares recently traded near $303.93, below their 50- and 200-day moving averages, while the company reported quarterly EPS of $4.53 and declared a quarterly dividend of $0.95 per share, yielding about 1.3% annually.

Venture Visionary Partners LLC increased its position in American Express Company (NYSE:AXP - Free Report) by 17.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,626 shares of the payment services company's stock after acquiring an additional 6,681 shares during the period. Venture Visionary Partners LLC's holdings in American Express were worth $13,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC lifted its holdings in shares of American Express by 78.8% during the third quarter. Elevation Wealth Partners LLC now owns 93 shares of the payment services company's stock worth $28,000 after purchasing an additional 41 shares during the period. Cooper Financial Group increased its holdings in American Express by 162.9% in the 3rd quarter. Cooper Financial Group now owns 7,681 shares of the payment services company's stock worth $2,336,000 after buying an additional 4,759 shares during the period. Canandaigua National Bank & Trust Co. raised its position in American Express by 3.5% during the 3rd quarter. Canandaigua National Bank & Trust Co. now owns 10,689 shares of the payment services company's stock worth $3,344,000 after buying an additional 357 shares during the last quarter. Benedict Financial Advisors Inc. raised its position in American Express by 0.6% during the 3rd quarter. Benedict Financial Advisors Inc. now owns 14,660 shares of the payment services company's stock worth $4,458,000 after buying an additional 86 shares during the last quarter. Finally, Weaver Consulting Group lifted its stake in American Express by 1.8% during the 3rd quarter. Weaver Consulting Group now owns 2,436 shares of the payment services company's stock valued at $741,000 after acquiring an additional 42 shares during the period. Institutional investors and hedge funds own 84.33% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Benchmark assumed coverage on shares of American Express in a report on Monday, July 13th. They issued a "buy" rating on the stock. JPMorgan Chase & Co. upgraded shares of American Express from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $328.00 to $400.00 in a research report on Monday, July 13th. Evercore set a $320.00 price target on shares of American Express in a report on Thursday, October 1st. Jefferies Financial Group raised American Express from a "hold" rating to a "buy" rating in a research report on Monday, July 13th. Finally, Citigroup reduced their price objective on American Express from $355.00 to $340.00 and set a "neutral" rating for the company in a research note on Wednesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $364.50.

Trending Headlines about American Express

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

• Positive Sentiment: American Express launched a Corporate Cashback platform combining new corporate cards, expense-management software, and AI-powered spending controls. The company also said its cards are accepted at more than 190 million locations worldwide, supporting potential growth in business payments and international spending. American Express Rolls Out Corporate Cashback Platform
• Positive Sentiment: American Express published guidance for merchants preparing for agentic commerce, including measures intended to improve payment reliability and customer trust. Its willingness to compensate merchants when autonomous-agent transactions fail could help accelerate adoption, although it may also create some financial and operational costs. American Express Agentic Commerce Playbook
• Positive Sentiment: Investors are highlighting American Express’s dividend and income potential. Shares purchased by October 9 are expected to qualify for the company’s November 10 dividend, which may support near-term interest from income-focused investors. American Express Dividend Article
• Neutral Sentiment: Analysts expect high single-digit bottom-line growth when American Express reports third-quarter results later this month. The earnings release could provide a clearer catalyst, particularly regarding spending trends, credit performance, and full-year guidance. American Express Earnings Preview
• Neutral Sentiment: UBS maintained a Hold rating, while American Express promoted card-member experiences through its Hong Kong Wine & Dine Festival sponsorship. These developments reinforce the brand but are unlikely to materially affect near-term earnings. UBS Maintains Hold Rating
• Negative Sentiment: TD Cowen lowered its price target from $338 to $335 and retained a Hold rating, signaling limited conviction in near-term upside despite the target remaining above the current trading level. TD Cowen Lowers American Express Price Target

American Express Stock Performance

Shares of AXP traded down $0.62 during trading hours on Wednesday, hitting $303.93. The stock had a trading volume of 3,405,434 shares, compared to its average volume of 3,240,870. The firm has a 50-day moving average price of $325.66 and a 200 day moving average price of $324.90. American Express Company has a fifty-two week low of $290.97 and a fifty-two week high of $387.49. The firm has a market capitalization of $205.24 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 1.29 and a beta of 1.08. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55.

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 analysts' consensus estimates of $4.41 by $0.12. American Express had a net margin of 15.07% and a return on equity of 34.12%. The company had revenue of $14.99 billion during the quarter, compared to analysts' expectations of $19.70 billion. During the same quarter in the previous year, the company earned $4.08 earnings per share. The firm's revenue for the quarter 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, research analysts anticipate that American Express Company will post 17.68 EPS for the current year.

American Express Announces Dividend

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 of this dividend is Friday, October 9th. This represents a $3.80 dividend on an annualized basis and a yield of 1.3%. American Express's dividend payout ratio 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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