B.A. Schrock Wealth Management Inc. Makes New Investment in American Express Company $AXP

Key Points

• B.A. Schrock Wealth Management acquired 10,073 American Express shares during the third quarter, valued at approximately $3.24 million. Institutional investors collectively own 84.33% of AXP.
• American Express reported quarterly EPS of $4.53, exceeding estimates, while revenue increased 10% year over year. The company also declared a quarterly dividend of $0.95 per share, equivalent to a 1.2% yield.
• AXP shares opened at $306.57, below the analyst consensus target of $365.63; ratings remain a “Moderate Buy.” Positive factors include growth and new AI-payment technology, while a reported $350 million AML fine presents regulatory and reputational risks.

B.A. Schrock Wealth Management Inc. bought a new position in shares of American Express Company (NYSE:AXP) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 10,073 shares of the payment services company's stock, valued at approximately $3,235,000.

Other institutional investors have also recently bought and sold shares of the company. Archer Investment Corp bought a new position in shares of American Express during the second quarter worth $25,000. Lifetime Wealth Management P.C. bought a new stake in shares of American Express in the 4th quarter valued at $33,000. Elevation Wealth Partners LLC increased its position in shares of American Express by 78.8% in the 3rd quarter. Elevation Wealth Partners LLC now owns 93 shares of the payment services company's stock valued at $28,000 after buying an additional 41 shares in the last quarter. Cedar Mountain Advisors LLC raised its stake in American Express by 58.3% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company's stock worth $32,000 after buying an additional 35 shares during the period. Finally, Frazier Financial Advisors LLC acquired a new stake in American Express during the 2nd quarter worth $33,000. Institutional investors and hedge funds own 84.33% of the company's stock.

Key Stories Impacting American Express

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

• Positive Sentiment: American Express is developing an “Intent Intelligence” framework and “Proof of Intent” token to help ensure AI agents complete only authorized purchases. If adopted broadly, the technology could reduce fraud and disputes, support safer agentic commerce and increase payment volumes. American Express Publishes Intent Intelligence Framework for Trusted Agentic Commerce
• Positive Sentiment: Analysts cited in recent coverage see a consensus price target of approximately $365.63, implying upside from recent trading levels. Other commentary highlights double-digit growth and a below-average valuation multiple, while the company has raised its full-year revenue outlook. American Express Consensus Target Price
• Neutral Sentiment: American Express was named title sponsor of the inaugural Hong Kong Sail Grand Prix. The agreement may strengthen brand visibility and customer engagement, but its direct financial impact is likely limited. American Express Named Title Sponsor of Hong Kong Sail Grand Prix
• Neutral Sentiment: Analyst views remain mixed: some see attractive growth at the current multiple, while others question whether the stock price fully reflects the returns generated by the business. This divergence could limit near-term momentum. Analysts Conflicted on American Express
• Negative Sentiment: A reported $350 million AML fine is weighing on the investment case. The penalty raises concerns about compliance costs, regulatory oversight and potential reputational damage, and is a key reason investors may view AXP as below fair value despite its earnings growth. American Express Stock May Sit Below Fair Value as AML Fine Lands

American Express Stock Down 1.1%

Shares of AXP stock opened at $306.57 on Thursday. The firm has a fifty day moving average of $322.25 and a 200-day moving average of $325.22. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 1.66. American Express Company has a 12-month low of $290.97 and a 12-month high of $387.49. The company has a market capitalization of $207.03 billion, a price-to-earnings ratio of 18.60, a P/E/G ratio of 1.34 and a beta of 1.08.

American Express (NYSE:AXP - Get Free Report) last posted its quarterly earnings data on Friday, July 24th. The payment services company reported $4.53 EPS for the quarter, beating the consensus estimate of $4.41 by $0.12. American Express had a net margin of 15.07% and a return on equity of 34.12%. The business had revenue of $14.99 billion for the quarter, compared to analysts' expectations of $19.70 billion. During the same period in the previous year, the firm posted $4.08 EPS. The firm's revenue was up 10.0% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities research analysts predict that American Express Company will post 17.65 earnings per share for the current fiscal year.

American Express Announces Dividend

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

Analyst Ratings Changes

AXP has been the topic of several recent analyst reports. Jefferies Financial Group upgraded American Express from a "hold" rating to a "buy" rating in a report on Monday, July 13th. TD Cowen lowered their price target on American Express from $338.00 to $335.00 and set a "hold" rating for the company in a report on Tuesday, October 6th. DZ Bank upgraded American Express from a "hold" rating to a "buy" rating and set a $375.00 price target for the company in a report on Thursday, June 18th. JPMorgan Chase & Co. dropped their price target on American Express from $400.00 to $360.00 and set an "overweight" rating on the stock in a research report on Monday. Finally, Piper Sandler lifted their price objective on American Express from $396.00 to $405.00 and gave the company an "overweight" rating in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $365.63.

About American Express

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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