American Express Company $AXP Stock Holdings Raised by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors increased its American Express stake by 69.3% in the third quarter, bringing its holdings to 31,583 shares valued at approximately $9.6 million. Institutional investors collectively own 84.33% of AXP.
• American Express reported quarterly EPS of $4.53, beating estimates by $0.12, while revenue rose 10% year over year. The company maintained fiscal 2026 EPS guidance of $17.30–$17.90 and declared a quarterly dividend of $0.95 per share.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and a $364.52 target price; investors are also watching the company’s October 23 earnings report and the impact of a $350 million regulatory penalty tied to anti-money-laundering control failures.

Farther Finance Advisors LLC increased its holdings in American Express Company (NYSE:AXP) by 69.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 31,583 shares of the payment services company's stock after buying an additional 12,928 shares during the period. Farther Finance Advisors LLC's holdings in American Express were worth $9,604,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in AXP. BlackRock Inc. purchased a new position in American Express during the 2nd quarter valued at about $14,208,662,000. State Street Corp grew its stake in 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 valued at $13,857,176,000 after acquiring an additional 11,739,541 shares in the last quarter. Corient Private Wealth LP bought a new stake in American Express during the 2nd quarter worth approximately $253,945,000. Bank of New York Mellon Corp purchased a new stake in American Express in the 2nd quarter worth approximately $1,263,787,000. Finally, Legal & General Group Plc purchased a new stake in American Express in the 2nd quarter worth approximately $1,138,054,000. Hedge funds and other institutional investors own 84.33% of the company's stock.

American Express Price Performance

NYSE AXP opened at $308.18 on Friday. The business's fifty day moving average price is $324.50 and its 200-day moving average price is $324.87. The stock has a market capitalization of $208.12 billion, a price-to-earnings ratio of 18.70, a PEG ratio of 1.33 and a beta of 1.08. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.55 and a quick ratio of 1.54. 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 quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, topping the consensus estimate of $4.41 by $0.12. The company had revenue of $14.99 billion during the quarter, compared to analyst estimates of $19.70 billion. American Express had a return on equity of 34.12% and a net margin of 15.07%. American Express's revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities analysts predict that American Express Company will post 17.67 earnings per share for the current year.

American Express Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 9th will be paid 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 dividend yield of 1.2%. American Express's dividend payout ratio is 23.06%.

American Express News Summary

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

• Positive Sentiment: BMO initiated coverage with a $380 price target, while Royal Bank of Canada maintained an Outperform rating and lowered its target from $415 to $400. Analysts cited continued growth in American Express’s premium customer base and the company’s ability to sustain revenue and earnings expansion despite intensifying competition. American Express Has More Room to Run Despite Rising Competition, Analyst Says
• Positive Sentiment: American Express launched a new corporate platform and continues investing in business and merchant tools, including guidance on how companies can use artificial intelligence. These initiatives could support corporate spending and strengthen longer-term customer relationships. American Express Launches New Corporate Platform
• Neutral Sentiment: American Express is scheduled to report quarterly results on October 23. Investors will look for evidence that premium-card growth, spending trends and earnings guidance can offset the regulatory setback. The company previously reported earnings above expectations and maintained fiscal 2026 EPS guidance of $17.30 to $17.90.
• Negative Sentiment: The Office of the Comptroller of the Currency and Federal Reserve fined American Express $350 million and issued regulatory orders over significant anti-money-laundering control failures. Regulators said inadequate resources, inexperienced personnel, weak training and internal-control gaps left approximately $13 billion in potentially suspicious activity insufficiently monitored or reported over nearly 11 years. The penalty creates a direct financial cost and raises concerns about compliance spending, reputational damage and potential additional oversight. OCC Assesses $350 Million Civil Money Penalty Against American Express

Wall Street Analyst Weigh In

Several brokerages have issued reports on AXP. Piper Sandler lifted their target price on shares of American Express from $396.00 to $405.00 and gave the company an "overweight" rating in a research report on Wednesday, August 12th. Barclays lowered their price target on American Express from $364.00 to $342.00 and set an "equal weight" rating on the stock in a research report on Monday. JPMorgan Chase & Co. raised shares of American Express from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $328.00 to $400.00 in a research note on Monday, July 13th. Loop Capital decreased their price target on American Express from $389.00 to $386.00 and set a "buy" rating on the stock in a research note on Monday, July 27th. Finally, DZ Bank upgraded American Express from a "hold" rating to a "buy" rating and set a $375.00 price objective for the company in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $364.52.

American Express 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.

Want to see what other hedge funds are holding AXP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Express Company (NYSE:AXP - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.