American Express Company $AXP Stock Bought by International Assets Investment Management LLC

Key Points

• International Assets Investment Management LLC increased its American Express stake by 1,710.9% in the third quarter, bringing its holdings to 82,522 shares valued at approximately $25.1 million. Institutional investors collectively own 84.33% of AXP.
• American Express reported quarterly EPS of $4.68, beating estimates of $4.50, while revenue rose 8.9% year over year to $20.06 billion. The company reaffirmed fiscal 2026 EPS guidance of $17.60–$17.90 and declared a quarterly dividend of $0.95.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $365.19 versus the stock’s reported price of $319.03, though several firms have recently lowered their targets.

International Assets Investment Management LLC grew its holdings in American Express Company (NYSE:AXP - Free Report) by 1,710.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 82,522 shares of the payment services company's stock after purchasing an additional 77,965 shares during the period. International Assets Investment Management LLC's holdings in American Express were worth $25,095,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. BlackRock Inc. acquired a new position in American Express during the second quarter worth $14,208,662,000. State Street Corp increased 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 buying an additional 11,739,541 shares during the last quarter. Corient Private Wealth LP acquired a new stake in American Express in the 2nd quarter valued at $253,945,000. Bank of New York Mellon Corp bought a new stake in American Express during the 2nd quarter worth about $1,263,787,000. Finally, Legal & General Group Plc bought a new stake in American Express during the 2nd quarter worth about $1,138,054,000. Institutional investors own 84.33% of the company's stock.

American Express Stock Performance

Shares of AXP opened at $319.03 on Friday. The company has a market cap of $213.93 billion, a PE ratio of 17.96, a price-to-earnings-growth ratio of 1.37 and a beta of 1.08. The firm has a 50-day moving average of $317.18 and a 200-day moving average of $326.44. 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 1.64, a current ratio of 1.58 and a quick ratio of 1.54.

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, beating the consensus estimate of $4.50 by $0.18. American Express had a net margin of 15.80% and a return on equity of 34.19%. The business had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $20.12 billion. During the same period last year, the business posted $4.14 EPS. American Express's revenue was up 8.9% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. As a group, equities analysts forecast that American Express Company will post 17.88 earnings per share for the current year.

American Express Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on AXP shares. JPMorgan Chase & Co. increased their price objective on shares of American Express from $360.00 to $365.00 and gave the stock an "overweight" rating in a research note on Monday, October 26th. Morgan Stanley lowered their target price on American Express from $382.00 to $380.00 and set an "equal weight" rating on the stock in a research report on Monday, October 12th. UBS Group dropped their target price on American Express from $384.00 to $345.00 and set a "neutral" rating on the stock in a report on Monday, October 5th. BTIG Research reduced their price target 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, Weiss Ratings upgraded American Express from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $365.19.

American Express News Summary

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

• Positive Sentiment: American Express introduced a new redemption option allowing eligible consumer and business cash-back cardmembers to deposit Reward Dollars into American Express High Yield Savings Accounts and Business Checking Accounts. The feature could improve customer retention, deepen relationships across the company’s card and banking products, and support deposit growth. American Express Connects Cash Back to High Yield Savings Accounts and Business Checking Accounts
• Positive Sentiment: The launch of Canada’s first Hilton Honors American Express co-branded card expands the company’s international partnership with Hilton and could generate additional spending, fees, and customer acquisition. American Express and Hilton Launch Canada's First Hilton Honors Credit Card
• Positive Sentiment: American Express benefited from positive payments-sector sentiment after Mastercard reported better-than-expected revenue and earnings, although the effect may be temporary. Mastercard Rises on Revenue and EPS Beat
• Neutral Sentiment: American Express issued $1.5 billion of fixed-to-floating-rate notes carrying a 5.447% rate. The financing provides capital, but increases interest expense and leverage exposure. American Express Issues New Fixed-to-Floating Rate Notes
• Neutral Sentiment: Analyst coverage remains mixed. Commentary favors Mastercard for faster growth, more diversified revenue, and lower credit risk, while other coverage highlights AXP’s strong profitability, revenue growth, share repurchases, and Berkshire Hathaway’s sizable stake.
• Negative Sentiment: A U.S. Bank risk executive is reportedly moving to American Express as the company deals with regulatory penalties related to anti-money-laundering compliance failures. The leadership addition may strengthen risk controls, but the penalties and compliance scrutiny create reputational and cost risks. U.S. Bank Risk Chief Heads to Amex
• Negative Sentiment: Relative-value analysis argues that Mastercard currently offers better growth prospects and lower credit risk than American Express, potentially limiting investor enthusiasm for AXP despite its lower valuation.

American Express 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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