American Express Company $AXP Stake Raised by Oppenheimer & Co. Inc.

Key Points

• Oppenheimer & Co. increased its American Express stake by 25.1% in the third quarter, bringing its holdings to 84,861 shares valued at approximately $25.8 million. Institutional investors collectively own 84.33% of AXP’s outstanding stock.
• American Express reported quarterly EPS of $4.68, exceeding estimates of $4.50, while revenue rose 8.9% year over year to $20.06 billion but narrowly missed expectations. Management issued fiscal 2026 EPS guidance of $17.60–$17.90.
• Analyst sentiment remains favorable, with a MarketBeat consensus rating of “Moderate Buy” and a $365 price target. However, analysts cited expense pressures, competition, restructuring and regulatory costs as potential risks.

Oppenheimer & Co. Inc. raised its holdings in shares of American Express Company (NYSE:AXP - Free Report) by 25.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 84,861 shares of the payment services company's stock after buying an additional 17,002 shares during the period. Oppenheimer & Co. Inc.'s holdings in American Express were worth $25,806,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Archer Investment Corp purchased a new stake in American Express in the 2nd quarter worth about $25,000. Elevation Wealth Partners LLC boosted its holdings in American Express by 78.8% in 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 in the last quarter. Cedar Mountain Advisors LLC increased its holdings in shares of American Express by 58.3% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company's stock valued at $32,000 after acquiring an additional 35 shares during the last quarter. Frazier Financial Advisors LLC acquired a new position in American Express during the second quarter valued at approximately $33,000. Finally, Avalon Trust Co bought a new position in American Express in the 2nd quarter worth $34,000. Hedge funds and other institutional investors own 84.33% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on AXP shares. JPMorgan Chase & Co. lifted their price target on American Express from $360.00 to $365.00 and gave the stock an "overweight" rating in a research report on Monday. Citigroup lowered their price objective on American Express from $355.00 to $340.00 and set a "neutral" rating on the stock in a research report on Wednesday, September 30th. Barclays cut their target price on American Express from $342.00 to $340.00 and set an "equal weight" rating for the company in a research note on Monday. Weiss Ratings raised American Express from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday. Finally, BMO Capital Markets initiated coverage on shares of American Express in a research note on Thursday, October 8th. They set an "outperform" rating and a $380.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, American Express has a consensus rating of "Moderate Buy" and a consensus price target of $365.00.

American Express News Roundup

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

• Positive Sentiment: American Express reported third-quarter adjusted earnings of $4.68 per share, exceeding consensus estimates, while management highlighted strong premium-card spending, travel and entertainment activity, and higher net card fees. American Express’s Q3 earnings call: our top 5 analyst questions
• Positive Sentiment: Management raised its 2026 earnings outlook, with full-year EPS guidance of $17.60 to $17.90, supported by premium customer growth, increasing annual card fees and resilient spending. AXP Q3 Earnings Call Highlights Guidance Hike and AI Strategy
• Positive Sentiment: JPMorgan raised its price target to $365 from $360 and maintained an Overweight rating, indicating continued confidence in American Express’s earnings and fee-growth outlook. JPMorgan American Express price-target update
• Positive Sentiment: Analysts and market commentary continue to view American Express as a long-term beneficiary of expanding digital payments, global transaction volumes and accelerating card-fee growth. Visa, Mastercard, or American Express: Which Payment Stock Is the Better Buy?
• Neutral Sentiment: American Express is expanding its use of artificial intelligence, while its CEO said AI may make rewards programs easier for customers to exploit but could also give issuers better tools to manage benefits. AmEx CEO Says AI Could Make Credit Card Rewards Easier to Game
• Negative Sentiment: Revenue was broadly in line with expectations in some reports but below estimates in others, despite year-over-year growth, tempering the earnings beat. Investors are also monitoring restructuring charges, legal expenses and a regulatory civil penalty. AXP Q3 deep dive: premium growth drivers and AI investments amid competitive headwinds
• Negative Sentiment: Barclays lowered its price target after the results, highlighting potential pressure from expenses, competition and the company’s AI-related restructuring investment. Analysts revise forecasts on American Express after Q3 results

American Express Stock Up 0.6%

NYSE AXP opened at $315.04 on Tuesday. The company has a current ratio of 1.65, a quick ratio of 1.54 and a debt-to-equity ratio of 1.64. The stock's 50 day moving average is $319.16 and its two-hundred day moving average is $327.89. The company has a market capitalization of $212.75 billion, a price-to-earnings ratio of 17.74, a PEG ratio of 1.33 and a beta of 1.08. 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 issued its earnings results on Friday, October 23rd. The payment services company reported $4.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.50 by $0.18. American Express had a return on equity of 34.19% and a net margin of 15.80%. The business had revenue of $20.06 billion during the quarter, compared to analysts' expectations of $20.12 billion. During the same period in the prior year, the firm posted $4.14 EPS. American Express's quarterly revenue was up 8.9% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. Equities analysts forecast that American Express Company will post 17.65 earnings per share for the current fiscal year.

American Express Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 9th will be given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, October 9th. American Express's dividend payout ratio is 21.40%.

American Express Company Profile

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.

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