American Express Company $AXP Stock Holdings Boosted by Journey Retirement Planning & Investment Management LLC

Journey Retirement Planning & Investment Management LLC grew its position in shares of American Express Company (NYSE:AXP) by 110.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,064 shares of the payment services company’s stock after purchasing an additional 2,132 shares during the quarter. American Express makes up about 0.8% of Journey Retirement Planning & Investment Management LLC’s holdings, making the stock its 24th largest position. Journey Retirement Planning & Investment Management LLC’s holdings in American Express were worth $1,236,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. Cadent Capital Advisors LLC boosted its holdings in shares of American Express by 2.6% in the third quarter. Cadent Capital Advisors LLC now owns 6,836 shares of the payment services company’s stock valued at $2,079,000 after acquiring an additional 170 shares during the period. Central Bank & Trust Co. raised its stake in shares of American Express by 63.6% during the third quarter. Central Bank & Trust Co. now owns 4,531 shares of the payment services company’s stock worth $1,378,000 after purchasing an additional 1,761 shares during the last quarter. Breakwater Capital Group lifted its holdings in shares of American Express by 108.4% during the third quarter. Breakwater Capital Group now owns 3,895 shares of the payment services company’s stock worth $1,184,000 after purchasing an additional 2,026 shares during the period. Chapin Davis Inc. grew its position in American Express by 31.1% in the 3rd quarter. Chapin Davis Inc. now owns 2,008 shares of the payment services company’s stock valued at $611,000 after buying an additional 476 shares during the last quarter. Finally, LifeGoal Investments LLC purchased a new position in American Express in the 3rd quarter valued at $208,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on AXP. Barclays cut their price objective on shares of American Express from $364.00 to $342.00 and set an “equal weight” rating for the company in a research report on Monday. Loop Capital decreased their price target on American Express from $389.00 to $386.00 and set a “buy” rating on the stock in a research note on Monday, July 27th. Evercore set a $320.00 price objective on American Express in a research report on Thursday, October 1st. Morgan Stanley reduced their target price on American Express from $385.00 to $382.00 and set an “equal weight” rating for the company in a report on Monday, July 27th. Finally, Jefferies Financial Group raised shares of American Express from a “hold” rating to a “buy” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $364.52.

American Express Price Performance

Shares of AXP traded down $0.65 during mid-day trading on Friday, reaching $307.45. 1,235,563 shares of the company’s stock were exchanged, compared to its average volume of 3,240,865. 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 company has a 50-day simple moving average of $325.07 and a two-hundred day simple moving average of $324.99. American Express Company has a 52-week low of $290.97 and a 52-week high of $387.49. The company has a market cap of $207.62 billion, a price-to-earnings ratio of 18.65, a PEG ratio of 1.31 and a beta of 1.08.

American Express (NYSE:AXP) last posted its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.41 by $0.12. The firm had revenue of $14.99 billion for 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 was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, sell-side analysts predict that American Express Company will post 17.67 EPS for the current fiscal year.

American Express Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be paid a dividend of $0.95 per share. 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 dividend payout ratio (DPR) is presently 23.06%.

American Express News Roundup

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

• Positive Sentiment: Royal Bank of Canada maintained an “outperform” rating on American Express while lowering its price target from $415 to $400. The revised target still implies substantial upside from recent trading levels. RBC American Express price target report
• Positive Sentiment: American Express continues investing in growth initiatives, including a new corporate platform and programs helping merchants prepare for AI-driven and “agentic” commerce. These efforts could support future payment volume and customer engagement, although their financial impact remains uncertain. American Express corporate platform article
• Neutral Sentiment: Investors are awaiting American Express’ quarterly results on October 23. Earnings will be important for assessing spending trends, credit quality and whether the company remains on track for its fiscal 2026 EPS guidance of $17.30 to $17.90.
• Negative Sentiment: The Office of the Comptroller of the Currency assessed a $350 million civil money penalty and issued a cease-and-desist order after identifying significant weaknesses in American Express’ enterprise-wide AML program, particularly at its national bank subsidiary. OCC penalty announcement
• Negative Sentiment: Regulators said the deficiencies persisted for nearly 11 years and left approximately $13 billion in suspected money-laundering activity inadequately monitored or reported. The direct financial penalty is manageable relative to American Express’ size, but remediation costs, enhanced oversight, reputational damage and potential restrictions on growth create longer-term risks. American Express AML penalty analysis

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.