American Express Company $AXP Stock: Noesis Capital Mangement Corp Raises Position

Noesis Capital Mangement Corp grew its stake in American Express Company (NYSE:AXP) by 5.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 118,246 shares of the payment services company’s stock after purchasing an additional 5,710 shares during the period. American Express accounts for 4.3% of Noesis Capital Mangement Corp’s portfolio, making the stock its 6th biggest position. Noesis Capital Mangement Corp’s holdings in American Express were worth $35,959,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Onyx Bridge Wealth Group LLC lifted its position in American Express by 3.6% in the first quarter. Onyx Bridge Wealth Group LLC now owns 869 shares of the payment services company’s stock valued at $263,000 after acquiring an additional 30 shares during the last quarter. Riverbend Wealth Management LLC grew its holdings in shares of American Express by 0.8% during the third quarter. Riverbend Wealth Management LLC now owns 4,534 shares of the payment services company’s stock worth $1,379,000 after purchasing an additional 34 shares during the last quarter. Valmark Advisers Inc. grew its holdings in shares of American Express by 1.9% during the first quarter. Valmark Advisers Inc. now owns 1,878 shares of the payment services company’s stock worth $568,000 after purchasing an additional 35 shares during the last quarter. Cedar Mountain Advisors LLC increased its position in shares of American Express by 58.3% during the second quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company’s stock worth $32,000 after purchasing an additional 35 shares in the last quarter. Finally, Consilium Wealth Advisory LLC increased its position in shares of American Express by 4.6% during the third quarter. Consilium Wealth Advisory LLC now owns 793 shares of the payment services company’s stock worth $241,000 after purchasing an additional 35 shares in the last quarter. 84.33% of the stock is owned by hedge funds and other institutional investors.

American Express Price Performance

Shares of AXP opened at $315.04 on Tuesday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.54 and a current ratio of 1.65. American Express Company has a fifty-two week low of $290.97 and a fifty-two week high of $387.49. The firm has a 50-day simple moving average of $319.16 and a 200-day simple moving average of $327.89. The company has a market capitalization of $212.75 billion, a price-to-earnings ratio of 17.74, a price-to-earnings-growth ratio of 1.33 and a beta of 1.08.

American Express (NYSE:AXP) last issued its quarterly earnings results on Friday, October 23rd. The payment services company reported $4.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.50 by $0.18. The firm had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $20.12 billion. American Express had a return on equity of 34.19% and a net margin of 15.80%. The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.14 EPS. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. On average, equities research analysts anticipate that American Express Company will post 17.65 earnings per share for the current year.

American Express Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 9th will be issued 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 payout ratio is presently 21.40%.

Key Stories Impacting American Express

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

• Positive Sentiment: American Express reported third-quarter adjusted earnings of $4.68 per share, exceeding consensus estimates, while management highlighted strong premium-card spending, travel and entertainment activity, and higher net card fees. American Express’s Q3 earnings call: our top 5 analyst questions
• Positive Sentiment: Management raised its 2026 earnings outlook, with full-year EPS guidance of $17.60 to $17.90, supported by premium customer growth, increasing annual card fees and resilient spending. AXP Q3 Earnings Call Highlights Guidance Hike and AI Strategy
• Positive Sentiment: JPMorgan raised its price target to $365 from $360 and maintained an Overweight rating, indicating continued confidence in American Express’s earnings and fee-growth outlook. JPMorgan American Express price-target update
• Positive Sentiment: Analysts and market commentary continue to view American Express as a long-term beneficiary of expanding digital payments, global transaction volumes and accelerating card-fee growth. Visa, Mastercard, or American Express: Which Payment Stock Is the Better Buy?
• Neutral Sentiment: American Express is expanding its use of artificial intelligence, while its CEO said AI may make rewards programs easier for customers to exploit but could also give issuers better tools to manage benefits. AmEx CEO Says AI Could Make Credit Card Rewards Easier to Game
• Negative Sentiment: Revenue was broadly in line with expectations in some reports but below estimates in others, despite year-over-year growth, tempering the earnings beat. Investors are also monitoring restructuring charges, legal expenses and a regulatory civil penalty. AXP Q3 deep dive: premium growth drivers and AI investments amid competitive headwinds
• Negative Sentiment: Barclays lowered its price target after the results, highlighting potential pressure from expenses, competition and the company’s AI-related restructuring investment. Analysts revise forecasts on American Express after Q3 results

Analyst Ratings Changes

Several research firms have recently weighed in on AXP. Guggenheim initiated coverage on American Express in a report on Monday, July 13th. They issued a “buy” rating for the company. Jefferies Financial Group restated a “hold” rating and set a $330.00 price target on shares of American Express in a research note on Friday. William Blair reaffirmed an “outperform” rating on shares of American Express in a research report on Friday. President Capital lifted their price target on American Express from $359.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Finally, BMO Capital Markets started coverage on American Express in a report on Thursday, October 8th. They issued an “outperform” rating and a $380.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $365.00.

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.