17,002 American Express Company $AXP Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its position in shares of American Express Company (NYSE:AXP) by 25.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 84,861 shares of the payment services company’s stock after acquiring an additional 17,002 shares during the period. Oppenheimer & Co. Inc.’s holdings in American Express were worth $25,806,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Flputnam Investment Management Co. bought a new position in American Express in the second quarter valued at approximately $12,879,000. State Street Corp raised its holdings in shares of American Express by 40.2% in the 2nd quarter. State Street Corp now owns 40,967,262 shares of the payment services company’s stock valued at $13,857,176,000 after purchasing an additional 11,739,541 shares during the period. Evolve Private Wealth LLC bought a new stake in American Express in the 2nd quarter valued at $5,172,000. Silicon Valley Capital Partners lifted its position in American Express by 14.9% during the second quarter. Silicon Valley Capital Partners now owns 41,480 shares of the payment services company’s stock worth $14,030,000 after acquiring an additional 5,365 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp bought a new stake in shares of American Express in the second quarter valued at about $11,642,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

American Express Price Performance

Shares of NYSE AXP opened at $315.04 on Tuesday. The stock has a market cap of $212.75 billion, a price-to-earnings ratio of 17.74, a PEG ratio of 1.33 and a beta of 1.08. 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’s 50-day simple moving average is $319.16 and its 200 day simple moving average is $327.89.

American Express (NYSE:AXP) last announced its quarterly earnings results on Friday, October 23rd. The payment services company reported $4.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.50 by $0.18. American Express had a return on equity of 34.19% and a net margin of 15.80%. The business had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $20.12 billion. During the same quarter in the prior year, the company posted $4.14 earnings per share. American Express’s revenue was up 8.9% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. As a group, research analysts anticipate that American Express Company will post 17.65 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 given a dividend of $0.95 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. American Express’s dividend payout ratio (DPR) is currently 21.40%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on AXP shares. Guggenheim began coverage on shares of American Express in a research report on Monday, July 13th. They set a “buy” rating for the company. Barclays dropped their target price on American Express from $342.00 to $340.00 and set an “equal weight” rating for the company in a research report on Monday. TD Cowen cut their price target on shares of American Express from $338.00 to $335.00 and set a “hold” rating on the stock in a report on Tuesday, October 6th. Benchmark started coverage on American Express in a report on Monday, July 13th. They issued a “buy” rating on the stock. Finally, Morgan Stanley decreased their price target on American Express from $382.00 to $380.00 and set an “equal weight” rating for the company in a report on Monday, October 12th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $365.00.

Trending Headlines about 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

American Express 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.