American Express Company $AXP Stock Holdings Lowered by Courier Capital LLC

by · The Markets Daily

Courier Capital LLC decreased its stake in American Express Company (NYSE:AXP) by 47.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 10,066 shares of the payment services company’s stock after selling 9,081 shares during the quarter. Courier Capital LLC’s holdings in American Express were worth $3,061,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Financial Planning Hawaii Inc. boosted its holdings in American Express by 2.0% in the 3rd quarter. Financial Planning Hawaii Inc. now owns 2,754 shares of the payment services company’s stock worth $838,000 after acquiring an additional 53 shares during the period. Fragasso Financial Advisors Inc raised its stake in shares of American Express by 43.5% during the third quarter. Fragasso Financial Advisors Inc now owns 2,904 shares of the payment services company’s stock valued at $883,000 after purchasing an additional 881 shares during the period. NorthCrest Asset Manangement LLC raised its stake in shares of American Express by 171.5% during the third quarter. NorthCrest Asset Manangement LLC now owns 41,413 shares of the payment services company’s stock valued at $12,594,000 after purchasing an additional 26,158 shares during the period. Avior Wealth Management LLC lifted its position in shares of American Express by 0.8% during the third quarter. Avior Wealth Management LLC now owns 16,599 shares of the payment services company’s stock worth $5,048,000 after purchasing an additional 131 shares in the last quarter. Finally, Baldwin Wealth Partners LLC MA lifted its position in shares of American Express by 1,178.3% during the third quarter. Baldwin Wealth Partners LLC MA now owns 8,488 shares of the payment services company’s stock worth $2,581,000 after purchasing an additional 7,824 shares in the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

American Express Stock Down 0.5%

NYSE AXP traded down $1.56 during trading hours on Tuesday, reaching $309.97. 3,155,890 shares of the company traded hands, compared to its average volume of 3,240,624. American Express Company has a 12 month low of $290.97 and a 12 month high of $387.49. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66. The stock has a market capitalization of $209.33 billion, a PE ratio of 18.81, a PEG ratio of 1.33 and a beta of 1.08. The company has a 50 day moving average of $323.10 and a two-hundred day moving average of $325.17.

American Express (NYSE:AXP – Get Free Report) last issued 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. American Express had a net margin of 15.07% and a return on equity of 34.12%. The business had revenue of $14.99 billion for the quarter, compared to analyst estimates of $19.70 billion. During the same quarter in the prior year, the business posted $4.08 EPS. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts expect that American Express Company will post 17.67 earnings per share for the current year.

American Express Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be issued a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, October 9th. American Express’s payout ratio is currently 23.06%.

Key Stories Impacting American Express

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

  • Positive Sentiment: American Express published an Intent Intelligence framework for agentic commerce, designed to authenticate a customer’s purchase intent and prevent AI agents from completing unauthorized transactions. The initiative could strengthen trust in AI-powered payments and help AXP shape emerging industry standards. American Express Publishes Intent Intelligence Framework for Trusted Agentic Commerce
  • Positive Sentiment: JPMorgan maintained an Overweight rating and set a $360 price target, implying roughly 16% potential upside from the referenced share price. The target remains bullish, although it was reduced from $400, signaling more cautious expectations.
  • Neutral Sentiment: American Express was named title sponsor of the inaugural Hong Kong Sail Grand Prix. The sponsorship should support brand visibility and premium-card marketing, but its direct financial impact is likely limited. American Express Named Title Sponsor of Inaugural Hong Kong Sail Grand Prix
  • Negative Sentiment: American Express National Bank was fined $350 million by the Office of the Comptroller of the Currency over deficiencies in its Bank Secrecy Act and anti-money-laundering controls, alongside a cease-and-desist order. The matter could increase compliance costs, create execution risk and pressure margins or reputation. American Express fined OCC $350m over AML controls
  • Negative Sentiment: The regulatory action has prompted concerns that compliance spending could become a more important margin test. Analysts and commentators remain constructive on AXP’s long-term franchise, but the fine adds uncertainty to the company’s growth and profitability outlook. AML Fine Turns Compliance Into the Next Margin Test

Analyst Upgrades and Downgrades

AXP has been the subject of several analyst reports. JPMorgan Chase & Co. lowered their price target on shares of American Express from $400.00 to $360.00 and set an “overweight” rating for the company in a report on Monday. DZ Bank raised shares of American Express from a “hold” rating to a “buy” rating and set a $375.00 price target on the stock in a research note on Thursday, June 18th. Citigroup cut their price objective on shares of American Express from $355.00 to $340.00 and set a “neutral” rating on the stock in a report on Wednesday, September 30th. Barclays decreased 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, October 5th. Finally, UBS Group lowered their target price on American Express from $384.00 to $345.00 and set a “neutral” rating for the company in a research note on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, American Express presently has an average rating of “Moderate Buy” and a consensus target price of $365.63.

Get Our Latest Analysis on American Express

About American Express

(Free Report)

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.

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