American Express Company $AXP Stock Sold by WPG Advisers LLC

WPG Advisers LLC cut its holdings in American Express Company (NYSE:AXP) by 91.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 216 shares of the payment services company’s stock after selling 2,377 shares during the quarter. WPG Advisers LLC’s holdings in American Express were worth $66,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Riverbend Wealth Management LLC raised its stake in American Express by 0.8% during the 3rd quarter. Riverbend Wealth Management LLC now owns 4,534 shares of the payment services company’s stock valued at $1,379,000 after acquiring an additional 34 shares during the last quarter. Valmark Advisers Inc. raised its position in American Express by 1.9% during the 1st quarter. Valmark Advisers Inc. now owns 1,878 shares of the payment services company’s stock worth $568,000 after buying an additional 35 shares during the last quarter. Cedar Mountain Advisors LLC lifted its stake in shares of American Express by 58.3% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company’s stock worth $32,000 after acquiring an additional 35 shares during the period. Consilium Wealth Advisory LLC boosted its holdings in shares of American Express by 4.6% in the third quarter. Consilium Wealth Advisory LLC now owns 793 shares of the payment services company’s stock valued at $241,000 after acquiring an additional 35 shares in the last quarter. Finally, Gryphon Financial Partners LLC boosted its holdings in shares of American Express by 1.5% in the first quarter. Gryphon Financial Partners LLC now owns 2,489 shares of the payment services company’s stock valued at $753,000 after acquiring an additional 36 shares in the last quarter. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Piper Sandler increased their price target on shares of American Express from $396.00 to $405.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Morgan Stanley decreased their price target on American Express from $382.00 to $380.00 and set an “equal weight” rating on the stock in a research note on Monday, October 12th. Bank of America upped their price objective on American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Jefferies Financial Group reissued a “hold” rating and issued a $330.00 target price on shares of American Express in a report on Friday, October 23rd. Finally, Loop Capital decreased 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. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $365.19.

American Express Price Performance

Shares of NYSE:AXP opened at $318.38 on Thursday. The business’s 50 day simple moving average is $317.76 and its 200-day simple moving average is $326.90. The firm has a market capitalization of $215.00 billion, a price-to-earnings ratio of 17.93, a price-to-earnings-growth ratio of 1.33 and a beta of 1.08. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.65 and a quick ratio of 1.54. American Express Company has a 12 month low of $290.97 and a 12 month high of $387.49.

American Express (NYSE:AXP) last released its quarterly earnings data on Friday, October 23rd. The payment services company reported $4.68 earnings per share for the quarter, beating the consensus estimate of $4.50 by $0.18. The firm had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $20.12 billion. American Express had a return on equity of 34.19% and a net margin of 15.80%. American Express’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period last year, the business posted $4.14 EPS. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. As a group, equities analysts forecast that American Express Company will post 17.73 earnings per share for the current fiscal year.

American Express Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders 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 annualized dividend and a yield of 1.2%. American Express’s dividend payout ratio is 21.40%.

Trending Headlines about American Express

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

• Positive Sentiment: American Express reported third-quarter adjusted EPS of $4.68, ahead of the $4.50 consensus estimate, while revenue increased 8.9% year over year to $20.06 billion. The company also maintained or raised its 2026 EPS outlook to $17.60–$17.90, supporting the investment case. Is AmEx Stock a Buy After Q3 Earnings Beat? Premium Appeal Shines
• Positive Sentiment: Analysts and investors continue to highlight AXP’s valuable brand, affluent customer base, strong cash flow and premium spending trends. Some commentary suggests the stock may be below fair value relative to its earnings power and returns on capital. American Express Stock Looks Below Fair Value On Earnings Strength
• Positive Sentiment: JPMorgan raised its price target for American Express, providing additional support for the stock following the earnings report. American Express Stock Gets Price Target Boost from JPMorgan Chase
• Neutral Sentiment: Analyst opinion remains mixed: Morgan Stanley assigned a Hold rating, while other coverage is more constructive. This limits the immediate bullish impact of the earnings beat. Morgan Stanley Issues a Hold Rating on American Express
• Negative Sentiment: Investors remain concerned about rising benefit and operating costs, softer commercial-card growth and the stock’s broader 2026 underperformance despite record earnings. American Express is also exposed to higher interest rates, falling asset prices and rising unemployment among high-income consumers. Reasons American Express Stock Is Having Its Worst Year Since 2015 Despite Record Earnings
• Negative Sentiment: The planned elimination of 3,500 jobs and $336 million restructuring charge to support artificial-intelligence integration could weigh on near-term results, even though management expects longer-term efficiency benefits. American Express to Cut 3,500 Jobs in Restructuring

American Express Company Profile

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.