American Express Company $AXP Stock Sold by North Capital Inc.

Key Points

• North Capital Inc. cut its American Express position by 69.5% in the third quarter, selling 3,210 shares and retaining 1,407 shares valued at approximately $436,000.
• Institutional investors own 84.33% of American Express, with major firms including BlackRock, State Street, Corient Private Wealth, Bank of New York Mellon and Legal & General adjusting or initiating positions.
• Analysts maintain a broadly positive view, giving AXP a “Moderate Buy” consensus rating and an average price target of $365.63; the company also reported quarterly EPS of $4.53 and declared a $0.95-per-share dividend.

North Capital Inc. decreased its position in shares of American Express Company (NYSE:AXP) by 69.5% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,407 shares of the payment services company's stock after selling 3,210 shares during the period. North Capital Inc.'s holdings in American Express were worth $436,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of American Express during the second quarter valued at approximately $14,208,662,000. State Street Corp grew its stake in American Express by 40.2% in 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 purchasing an additional 11,739,541 shares during the period. Corient Private Wealth LP purchased a new stake in American Express in the second quarter worth $253,945,000. Bank of New York Mellon Corp bought a new position in American Express in the second quarter worth $1,263,787,000. Finally, Legal & General Group Plc bought a new position in American Express in the second quarter worth $1,138,054,000. Hedge funds and other institutional investors own 84.33% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Citigroup lowered their price objective on American Express from $355.00 to $340.00 and set a "neutral" rating for the company in a research report on Wednesday, September 30th. BTIG Research reduced their target price on shares of American Express from $315.00 to $230.00 and set a "sell" rating on the stock in a research report on Monday, September 7th. Loop Capital reduced their target price on shares of American Express from $389.00 to $386.00 and set a "buy" rating on the stock in a research report on Monday, July 27th. BMO Capital Markets assumed coverage on shares of American Express in a research note on Thursday, October 8th. They issued an "outperform" rating and a $380.00 price target for the company. Finally, HSBC lifted their price target on shares of American Express from $312.00 to $329.00 and gave the company a "hold" rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $365.63.

Key Stories Impacting American Express

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

• Positive Sentiment: Institutional investor support: Harris Oakmark’s third-quarter 2026 investor letter identified American Express as a compelling investment, signaling confidence in the company’s brand, business quality and long-term capital appreciation potential. What Makes American Express (AXP) a Compelling Bet?
• Positive Sentiment: AI commerce opportunity: American Express is developing issuer-side tools, including “Proof of Intent” and AI-powered payment security, to authenticate purchases made by autonomous shopping agents. If successful, the technology could protect against fraud, support higher transaction volumes and create a new payments growth channel. Can American Express Turn AI Commerce Into a New Growth Driver?
• Neutral Sentiment: Marketing partnership: Rakuten launched a limited-edition Naruto Shippuden design for the Rakuten American Express Card. The promotion may improve card engagement and brand visibility, but it does not change the card’s existing rewards or represent a material near-term earnings catalyst. Rakuten Introduces Limited Edition NARUTO SHIPPUDEN Credit Card Design
• Positive Sentiment: Analyst valuation support: Brokerages reportedly have a consensus target price of $365.63, implying meaningful upside relative to the recent trading level. However, the target is forward-looking and does not eliminate regulatory risks. American Express Consensus Target Price
• Negative Sentiment: AML fine and valuation concerns: A reported $350 million anti-money-laundering fine is pressuring the investment case, raising questions about compliance costs, regulatory oversight and whether AXP’s valuation fully reflects its earnings power. American Express Stock May Sit Below Fair Value As AML Fine Lands

American Express Stock Performance

Shares of AXP opened at $313.61 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 1.66. The stock has a market cap of $211.79 billion, a P/E ratio of 19.03, a P/E/G ratio of 1.31 and a beta of 1.08. The business's 50 day moving average price is $321.67 and its 200-day moving average price is $325.37. American Express Company has a 52 week low of $290.97 and a 52 week high of $387.49.

American Express (NYSE:AXP - Get Free Report) last posted its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, beating analysts' consensus estimates 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%. The firm's revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter 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 earnings per share for the current fiscal year.

American Express Announces Dividend

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

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