American Express Company $AXP Stock: Capital Investment Advisors LLC Boosts Holdings

Key Points

• Capital Investment Advisors increased its American Express stake by 5.3% in the third quarter, bringing its holdings to 183,587 shares valued at approximately $55.8 million. Institutional investors and hedge funds collectively own 84.33% of AXP.
• American Express reported quarterly EPS of $4.68, beating the $4.50 consensus, while revenue rose 8.9% year over year to $20.06 billion. The company issued fiscal 2026 EPS guidance of $17.60–$17.90 and declared a quarterly dividend of $0.95 per share.
• AXP was trading at $313.10, down 3.7%, amid concerns about planned workforce reductions and broadly in-line network-volume performance. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $364.89.

Capital Investment Advisors LLC boosted its stake in American Express Company (NYSE:AXP - Free Report) by 5.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 183,587 shares of the payment services company's stock after acquiring an additional 9,178 shares during the period. Capital Investment Advisors LLC's holdings in American Express were worth $55,829,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AXP. BlackRock Inc. acquired a new stake in shares of American Express during the second quarter worth $14,208,662,000. State Street Corp boosted its holdings in shares of American Express by 40.2% during the 2nd quarter. State Street Corp now owns 40,967,262 shares of the payment services company's stock worth $13,857,176,000 after buying an additional 11,739,541 shares in the last quarter. Corient Private Wealth LP acquired a new position in shares of American Express during the 2nd quarter valued at $253,945,000. Bank of New York Mellon Corp acquired a new position in shares of American Express during the 2nd quarter valued at $1,263,787,000. Finally, Legal & General Group Plc bought a new position in American Express during the second quarter worth $1,138,054,000. Institutional investors and hedge funds own 84.33% of the company's stock.

American Express Trading Down 3.7%

NYSE AXP opened at $313.10 on Friday. The stock has a 50 day simple moving average of $318.84 and a two-hundred day simple moving average of $325.94. 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 stock has a market cap of $211.44 billion, a P/E ratio of 19.00, a price-to-earnings-growth ratio of 1.38 and a beta of 1.08. American Express Company has a fifty-two week low of $290.97 and a fifty-two week high of $387.49.

American Express (NYSE:AXP - Get Free Report) last announced its 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. American Express had a net margin of 15.07% and a return on equity of 34.12%. The business had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $20.12 billion. During the same quarter last year, the firm earned $4.14 earnings per share. The business's revenue for the quarter was up 8.9% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. On average, analysts forecast that American Express Company will post 17.65 earnings per share for the current year.

American Express Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 9th will be given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, October 9th. American Express's dividend payout ratio (DPR) is 23.06%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Jefferies Financial Group restated a "hold" rating and issued a $330.00 price target on shares of American Express in a report on Friday. HSBC lifted their price target on American Express from $312.00 to $329.00 and gave the company a "hold" rating in a research note on Monday, July 13th. Guggenheim began coverage on American Express in a report on Monday, July 13th. They set a "buy" rating on the stock. Bank of America boosted their target price on American Express from $387.00 to $391.00 and gave the company a "buy" rating in a research note on Thursday, July 9th. Finally, JPMorgan Chase & Co. reduced their target price on American Express from $400.00 to $360.00 and set an "overweight" rating for the company in a report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $364.89.

American Express News Roundup

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

• Positive Sentiment: Strong third-quarter results: American Express reported adjusted EPS of $4.68, above the $4.50 consensus estimate, while revenue rose 8.9% year over year to approximately $20.1 billion. Billed business increased 8% to $454 billion, supported by higher card spending, fees and interest income. American Express Q3 Earnings Beat Estimates on Strong Card Fees
• Positive Sentiment: Profit outlook increased: Management raised its 2026 adjusted EPS forecast to $17.60–$17.90, while reported coverage cited GAAP EPS guidance of $18.30–$18.60. Lower credit-loss provisions and continued spending by affluent customers supported the improved outlook. American Express raises 2026 profit forecast as affluent customers keep spending
• Positive Sentiment: Customer engagement initiatives: American Express is expanding its travel ecosystem by adding Airbnb listings and rewards to Amex Travel, potentially strengthening premium-card retention and spending. American Express brings Airbnb bookings and rewards to Amex Travel platform
• Neutral Sentiment: Premium-card benefit changes: Updates to the Platinum Card’s hotel and airport perks, including a revised $600 hotel credit beginning in 2027, could improve the value proposition for some members but may also introduce additional restrictions. Amex Platinum benefits updates
• Negative Sentiment: AI-related layoffs overshadowed the earnings beat: American Express plans to eliminate about 5% of its global workforce—roughly 3,500 to 4,000 positions—and will record a $336 million restructuring charge. Investors may view the move as evidence of rising costs and execution risk, even though it could generate longer-term efficiency gains. American Express is cutting 5% of its workforce
• Negative Sentiment: Revenue and network-volume performance were only broadly in line with expectations: This limited the positive impact of the earnings and guidance improvements, particularly amid a broader market decline and investor concerns about consumer resilience outside American Express’s affluent customer base. American Express Q3 earnings beat as network volume disappoints

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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