American Express Company $AXP Stock: Kintegral Advisory LLC Boosts Holdings

Key Points

• Kintegral Advisory increased its American Express stake by 17.2% in the third quarter, bringing its holdings to 45,249 shares valued at approximately $15.2 million. Institutional investors collectively own 84.33% of AXP’s outstanding stock.
• Analyst sentiment remains favorable, with a consensus rating of “Moderate Buy” and an average price target of $365.63, despite some firms lowering their targets.
• American Express reported year-over-year revenue growth and beat quarterly EPS estimates, while maintaining fiscal 2026 EPS guidance of $17.30–$17.90. The company also declared a quarterly dividend of $0.95 per share, equivalent to a 1.2% annualized yield.

Kintegral Advisory LLC increased its stake in shares of American Express Company (NYSE:AXP - Free Report) by 17.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,249 shares of the payment services company's stock after purchasing an additional 6,652 shares during the quarter. American Express makes up about 1.1% of Kintegral Advisory LLC's portfolio, making the stock its 18th largest holding. Kintegral Advisory LLC's holdings in American Express were worth $15,167,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of American Express during the second quarter worth $14,208,662,000. State Street Corp lifted its stake in shares of 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 acquiring an additional 11,739,541 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of American Express by 8.4% in the 2nd quarter. Bank of America Corp DE now owns 7,969,555 shares of the payment services company's stock valued at $2,695,702,000 after acquiring an additional 614,981 shares during the last quarter. Corient Private Wealth LP boosted its holdings in shares of American Express by 492.2% during the 2nd quarter. Corient Private Wealth LP now owns 4,771,292 shares of the payment services company's stock valued at $1,613,890,000 after acquiring an additional 3,965,582 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of American Express during the 2nd quarter valued at $1,263,787,000. Institutional investors own 84.33% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AXP. Guggenheim started coverage on American Express in a research report on Monday, July 13th. They set a "buy" rating on the stock. Royal Bank Of Canada dropped their target price on American Express from $415.00 to $400.00 and set an "outperform" rating for the company in a research report on Friday, October 9th. Barclays cut their price target on American Express from $364.00 to $342.00 and set an "equal weight" rating on the stock in a research note on Monday, October 5th. Jefferies Financial Group upgraded American Express from a "hold" rating to a "buy" rating in a report on Monday, July 13th. Finally, BMO Capital Markets began coverage on American Express in a research note on Thursday, October 8th. They issued an "outperform" rating and a $380.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $365.63.

Trending Headlines about American Express

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

• Positive Sentiment: Strong consumer spending—particularly among affluent customers—continues to support American Express’s payment volumes and earnings outlook. Analysts also point to Wall Street wealth effects as a potential tailwind for discretionary spending. 3 Stocks to Watch as Wall Street Wealth Fuels Consumer Spending
• Positive Sentiment: American Express is expected to benefit from rising interest income, with consensus estimates calling for year-over-year earnings growth in the upcoming quarterly report. The company’s full-year 2026 EPS guidance remains $17.30 to $17.90. Will Rising Expenses Affect American Express’ Q3 Earnings?
• Positive Sentiment: The Rakuten American Express Card received a limited-edition NARUTO SHIPPUDEN design, helping refresh the card’s marketing appeal while retaining its existing cash-back rewards and benefits. Rakuten Introduces Limited Edition NARUTO SHIPPUDEN Credit Card Design
• Neutral Sentiment: American Express is developing AI-powered payment security for purchases initiated by autonomous shopping agents. The technology could support future transaction growth, but its financial impact is not yet clear. Can American Express Turn AI Commerce Into a New Growth Driver?
• Negative Sentiment: Higher operating expenses are expected to pressure margins and may offset some of the benefit from stronger spending and interest income. Zacks also indicates that AXP lacks the typical combination of factors supporting a likely earnings beat, increasing pre-earnings uncertainty. American Express Earnings Expected to Grow: Should You Buy?
• Negative Sentiment: Despite its favorable growth profile, American Express trades at a premium valuation, leaving less room for disappointment if quarterly revenue, expenses, or guidance fall short of expectations. Rising credit-card delinquencies are an additional sector risk.

American Express Trading Down 0.1%

Shares of American Express stock traded down $0.40 during trading on Friday, hitting $313.47. The company's stock had a trading volume of 3,387,759 shares, compared to its average volume of 3,438,562. The stock has a market cap of $211.69 billion, a price-to-earnings ratio of 19.02, a price-to-earnings-growth ratio of 1.34 and a beta of 1.08. American Express Company has a 52 week low of $290.97 and a 52 week high of $387.49. The stock has a 50-day moving average price of $321.12 and a two-hundred day moving average price of $325.29. 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 (NYSE:AXP - Get Free Report) last announced its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.41 by $0.12. The business 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 for the quarter was up 10.0% compared to the same quarter last year. During the same period last year, the company earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts anticipate that American Express Company will post 17.65 EPS for the current fiscal year.

American Express Announces Dividend

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

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.

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.