44,965 Shares of American Express Company $AXP Acquired by Vise Technologies Inc.

Vise Technologies Inc. bought a new position in shares of American Express Company (NYSE:AXP) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 44,965 shares of the payment services company’s stock, valued at approximately $13,674,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Archer Investment Corp bought a new position in American Express in the second quarter worth approximately $25,000. Elevation Wealth Partners LLC raised its position in shares of American Express by 78.8% in the 3rd quarter. Elevation Wealth Partners LLC now owns 93 shares of the payment services company’s stock valued at $28,000 after purchasing an additional 41 shares during the last quarter. John Boyer Inc. acquired a new stake in shares of American Express during the third quarter worth $29,000. Frazier Financial Advisors LLC lifted its position in American Express by 66.7% during the 1st quarter. Frazier Financial Advisors LLC now owns 100 shares of the payment services company’s stock worth $30,000 after acquiring an additional 40 shares during the period. Finally, Evolution Wealth Management Inc. boosted its position in American Express by 58.2% in the first quarter. Evolution Wealth Management Inc. now owns 106 shares of the payment services company’s stock valued at $32,000 after buying an additional 39 shares during the last quarter. 84.33% of the stock is currently owned by institutional investors.

Trending Headlines about American Express

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.

Analyst Ratings Changes

AXP has been the topic of several recent research reports. TD Cowen lowered 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. Truist Financial lowered their price target on shares of American Express from $375.00 to $370.00 and set a “buy” rating on the stock in a report on Wednesday, September 23rd. Weiss Ratings raised American Express from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, October 26th. Jefferies Financial Group reiterated a “hold” rating and issued a $330.00 target price on shares of American Express in a research report on Friday, October 23rd. Finally, Loop Capital dropped their price target on American Express from $389.00 to $386.00 and set a “buy” rating for the company in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $365.19.

American Express Price Performance

American Express stock opened at $319.03 on Monday. American Express Company has a 12-month low of $290.97 and a 12-month high of $387.49. The stock has a market cap of $213.93 billion, a P/E ratio of 17.96, a PEG ratio of 1.35 and a beta of 1.09. The company has a 50-day moving average price of $317.18 and a 200 day moving average price of $326.44. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 1.64.

American Express (NYSE:AXP) last posted its earnings results 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. American Express had a net margin of 15.80% and a return on equity of 34.19%. The company had revenue of $20.06 billion for the quarter, compared to analyst estimates of $20.12 billion. During the same period in the previous year, the business posted $4.14 EPS. American Express’s revenue was up 8.9% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. Sell-side analysts anticipate that American Express Company will post 17.88 earnings per share for the current year.

American Express Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be given a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, October 9th. American Express’s dividend payout ratio is presently 21.40%.

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.