Landscape Capital Management L.L.C. Purchases Shares of 5,816 American Express Company $AXP

Landscape Capital Management L.L.C. bought a new stake in American Express Company (NYSE:AXP) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 5,816 shares of the payment services company’s stock, valued at approximately $1,967,000.

A number of other large investors also recently added to or reduced their stakes in AXP. Evolution Wealth Management Inc. grew its stake in shares of American Express by 6,600.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after buying an additional 66 shares in the last quarter. Joseph Group Capital Management acquired a new position in American Express in the 4th quarter valued at about $26,000. Sfam LLC purchased a new stake in American Express during the fourth quarter worth about $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of American Express during the fourth quarter worth about $28,000. Finally, Wilkerson Advisory Group LLC purchased a new position in shares of American Express in the fourth quarter valued at approximately $29,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

American Express Stock Performance

Shares of American Express stock opened at $336.00 on Friday. The firm has a market capitalization of $226.90 billion, a P/E ratio of 20.39, a P/E/G ratio of 1.36 and a beta of 1.04. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 1.66. American Express Company has a 52 week low of $290.97 and a 52 week high of $387.49. The firm’s 50 day moving average is $343.19 and its two-hundred day moving average is $326.83.

American Express (NYSE:AXP) last issued its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.41 by $0.12. The business had revenue of $19.64 billion during the quarter, compared to analysts’ expectations of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts forecast 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 was paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd were paid a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 1.1%. The ex-dividend date was Thursday, July 2nd. American Express’s dividend payout ratio is currently 23.06%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Morgan Stanley reduced their target price on shares of American Express from $385.00 to $382.00 and set an “equal weight” rating on the stock in a report on Monday, July 27th. Jefferies Financial Group raised American Express from a “hold” rating to a “buy” rating in a research report on Monday, July 13th. Truist Financial boosted their price target on shares of American Express from $360.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. DZ Bank upgraded shares of American Express from a “hold” rating to a “buy” rating and set a $375.00 price objective on the stock in a report on Thursday, June 18th. Finally, TD Cowen boosted their target price on shares of American Express from $330.00 to $338.00 and gave the stock a “hold” rating in a research note on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $373.32.

American Express Profile

American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.

American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co‑brand partnerships with airlines, hotels and retailers.