American Express Company $AXP Stock Acquired by Noesis Capital Mangement Corp

Key Points

• Noesis Capital Management increased its American Express stake by 5.1% in the third quarter, adding 5,710 shares to own 118,246 shares valued at approximately $36 million.
• Institutional investors remain heavily invested in AXP, owning 84.33% of outstanding shares; State Street also raised its position by 40.2% during the second quarter.
• American Express reported third-quarter EPS of $4.68, beating estimates, while revenue reached $20.06 billion and management set 2026 EPS guidance at $17.60–$17.90. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $365.

Noesis Capital Mangement Corp grew its holdings in American Express Company (NYSE:AXP - Free Report) by 5.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 118,246 shares of the payment services company's stock after purchasing an additional 5,710 shares during the quarter. American Express accounts for about 4.3% of Noesis Capital Mangement Corp's holdings, making the stock its 6th biggest holding. Noesis Capital Mangement Corp's holdings in American Express were worth $35,959,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in AXP. BlackRock Inc. acquired a new position in shares of American Express in the second quarter worth $14,208,662,000. State Street Corp increased its position in shares of American Express by 40.2% during the second quarter. State Street Corp now owns 40,967,262 shares of the payment services company's stock worth $13,857,176,000 after acquiring an additional 11,739,541 shares during the period. Corient Private Wealth LP acquired a new stake in shares of American Express in the second quarter valued at $253,945,000. Bank of New York Mellon Corp acquired a new stake in shares of American Express in the second quarter valued at $1,263,787,000. Finally, Legal & General Group Plc purchased a new position in American Express in the second quarter valued at $1,138,054,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

More American Express News

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

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Piper Sandler boosted their target price on American Express from $396.00 to $405.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 12th. Loop Capital reduced their price target on American Express from $389.00 to $386.00 and set a "buy" rating on the stock in a research report on Monday, July 27th. Citigroup decreased 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. 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. Finally, Jefferies Financial Group restated a "hold" rating and set a $330.00 target price on shares of American Express in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $365.00.

American Express Stock Performance

Shares of AXP stock 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 firm has a fifty day moving average price of $319.16 and a 200 day moving average price of $327.89. The company has a market cap of $212.75 billion, a P/E ratio of 17.74, a PEG 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 quarterly earnings results on Friday, October 23rd. The payment services company reported $4.68 earnings per share for the quarter, beating analysts' consensus estimates of $4.50 by $0.18. The company had revenue of $20.06 billion for the quarter, compared to analysts' expectations of $20.12 billion. American Express had a return on equity of 34.19% and a net margin of 15.80%. American Express's quarterly revenue was up 8.9% on a year-over-year basis. During the same period last year, the firm earned $4.14 earnings per share. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. Sell-side analysts predict that American Express Company will post 17.65 earnings per share for the current fiscal year.

American Express Dividend Announcement

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 issued a $0.95 dividend. The ex-dividend date is Friday, October 9th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.2%. American Express's dividend payout ratio is presently 21.40%.

About American Express

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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