VestGen Advisors LLC Sells 5,087 Shares of American Express Company $AXP

Key Points

• VestGen Advisors cut its American Express position by 54.5% in the third quarter, selling 5,087 shares and retaining 4,250 shares valued at approximately $1.29 million. Institutional investors collectively own 84.33% of AXP.
• American Express reported quarterly EPS of $4.68, above the $4.50 consensus, while revenue rose 8.9% year over year to $20.06 billion. The company maintained 2026 EPS guidance of $17.60–$17.90.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $365.19, although some analysts cite Mastercard’s stronger growth prospects and lower credit risk. AXP also declared a quarterly dividend of $0.95 per share, representing a 1.2% yield.

VestGen Advisors LLC decreased its holdings in American Express Company (NYSE:AXP - Free Report) by 54.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,250 shares of the payment services company's stock after selling 5,087 shares during the period. VestGen Advisors LLC's holdings in American Express were worth $1,293,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Stockman Wealth Management Inc. grew its position in shares of American Express by 3.5% in the third quarter. Stockman Wealth Management Inc. now owns 50,288 shares of the payment services company's stock valued at $15,293,000 after purchasing an additional 1,710 shares in the last quarter. Sigma Investment Counselors Inc. lifted its holdings in American Express by 29.1% during the 3rd quarter. Sigma Investment Counselors Inc. now owns 3,376 shares of the payment services company's stock worth $1,027,000 after purchasing an additional 760 shares in the last quarter. William Mack & Associates Inc. purchased a new stake in American Express during the 3rd quarter worth about $86,000. Victory Financial Group LLC boosted its stake in American Express by 31.5% in the 3rd quarter. Victory Financial Group LLC now owns 2,229 shares of the payment services company's stock worth $678,000 after purchasing an additional 534 shares during the period. Finally, Great Lakes Retirement Inc. boosted its stake in American Express by 0.5% in the 3rd quarter. Great Lakes Retirement Inc. now owns 11,688 shares of the payment services company's stock worth $3,554,000 after purchasing an additional 55 shares during the period. Institutional investors own 84.33% of the company's stock.

American Express News Roundup

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

• Positive Sentiment: American Express introduced a new redemption option allowing eligible consumer and business cash-back cardmembers to deposit Reward Dollars into American Express High Yield Savings Accounts and Business Checking Accounts. The feature could improve customer retention, deepen relationships across the company’s card and banking products, and support deposit growth. American Express Connects Cash Back to High Yield Savings Accounts and Business Checking Accounts
• Positive Sentiment: The launch of Canada’s first Hilton Honors American Express co-branded card expands the company’s international partnership with Hilton and could generate additional spending, fees, and customer acquisition. American Express and Hilton Launch Canada's First Hilton Honors Credit Card
• Positive Sentiment: American Express benefited from positive payments-sector sentiment after Mastercard reported better-than-expected revenue and earnings, although the effect may be temporary. Mastercard Rises on Revenue and EPS Beat
• Neutral Sentiment: American Express issued $1.5 billion of fixed-to-floating-rate notes carrying a 5.447% rate. The financing provides capital, but increases interest expense and leverage exposure. American Express Issues New Fixed-to-Floating Rate Notes
• Neutral Sentiment: Analyst coverage remains mixed. Commentary favors Mastercard for faster growth, more diversified revenue, and lower credit risk, while other coverage highlights AXP’s strong profitability, revenue growth, share repurchases, and Berkshire Hathaway’s sizable stake.
• Negative Sentiment: A U.S. Bank risk executive is reportedly moving to American Express as the company deals with regulatory penalties related to anti-money-laundering compliance failures. The leadership addition may strengthen risk controls, but the penalties and compliance scrutiny create reputational and cost risks. U.S. Bank Risk Chief Heads to Amex
• Negative Sentiment: Relative-value analysis argues that Mastercard currently offers better growth prospects and lower credit risk than American Express, potentially limiting investor enthusiasm for AXP despite its lower valuation.

American Express Stock Performance

NYSE:AXP opened at $319.03 on Friday. The stock has a market cap of $213.93 billion, a P/E ratio of 17.96, a PEG ratio of 1.37 and a beta of 1.08. The company has a quick ratio of 1.54, a current ratio of 1.58 and a debt-to-equity ratio of 1.64. The business's 50-day moving average price is $317.18 and its two-hundred day moving average price is $326.44. American Express Company has a twelve month low of $290.97 and a twelve month high of $387.49.

American Express (NYSE:AXP - Get Free Report) last issued its quarterly earnings data on Friday, October 23rd. The payment services company reported $4.68 EPS for the quarter, topping the consensus estimate of $4.50 by $0.18. The company had revenue of $20.06 billion during the quarter, compared to analyst estimates of $20.12 billion. American Express had a return on equity of 34.19% and a net margin of 15.80%. American Express's revenue was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.14 earnings per share. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. As a group, equities analysts predict that American Express Company will post 17.88 EPS for the current fiscal year.

American Express Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 9th will be paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, October 9th. American Express's payout ratio is currently 21.40%.

Wall Street Analyst Weigh In

AXP has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on shares of American Express from $360.00 to $365.00 and gave the company an "overweight" rating in a research report on Monday, October 26th. The Goldman Sachs Group upped their target price on shares of American Express from $400.00 to $410.00 and gave the stock a "buy" rating in a report on Monday, July 6th. Barclays lowered their target price on shares of American Express from $342.00 to $340.00 and set an "equal weight" rating on the stock in a research note on Monday. TD Cowen cut their price target on shares of American Express from $338.00 to $335.00 and set a "hold" rating for the company in a report on Tuesday, October 6th. Finally, Morgan Stanley reduced their price target on shares of American Express from $382.00 to $380.00 and set an "equal weight" rating for the company in a research report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, American Express currently has a consensus rating of "Moderate Buy" and an average target price of $365.19.

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.

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.