American Express Company $AXP Stock Position Raised by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. increased its stake in American Express Company (NYSE:AXP) by 158.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,644 shares of the payment services company’s stock after acquiring an additional 11,432 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in American Express were worth $6,193,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of AXP. Brighton Jones LLC increased its stake in American Express by 24.4% in the 4th quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock worth $1,924,000 after purchasing an additional 1,273 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in American Express by 13.0% during the second quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock valued at $554,000 after buying an additional 200 shares in the last quarter. Schnieders Capital Management LLC. acquired a new position in shares of American Express in the second quarter worth about $428,000. Police & Firemen s Retirement System of New Jersey increased its position in shares of American Express by 3.5% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 83,641 shares of the payment services company’s stock worth $26,680,000 after acquiring an additional 2,860 shares in the last quarter. Finally, Impax Asset Management Group plc raised its holdings in shares of American Express by 78.0% during the second quarter. Impax Asset Management Group plc now owns 19,218 shares of the payment services company’s stock valued at $6,130,000 after acquiring an additional 8,421 shares during the period. 84.33% of the stock is owned by institutional investors and hedge funds.

American Express Stock Up 0.8%

Shares of AXP traded up $2.41 during midday trading on Friday, reaching $304.30. 343,722 shares of the stock were exchanged, compared to its average volume of 3,672,310. The company has a market cap of $208.94 billion, a price-to-earnings ratio of 19.79, a P/E/G ratio of 1.30 and a beta of 1.14. The company has a quick ratio of 1.58, a current ratio of 1.59 and a debt-to-equity ratio of 1.68. American Express Company has a 12-month low of $220.43 and a 12-month high of $387.49. The firm has a 50 day simple moving average of $345.46 and a 200-day simple moving average of $348.85.

American Express (NYSE:AXP) last announced its quarterly earnings results on Friday, January 30th. The payment services company reported $3.53 EPS for the quarter, missing the consensus estimate of $3.54 by ($0.01). American Express had a net margin of 15.00% and a return on equity of 33.49%. The firm had revenue of ($17,139.00) million during the quarter, compared to the consensus estimate of $18.91 billion. During the same period in the previous year, the firm posted $3.04 EPS. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts forecast that American Express Company will post 15.33 EPS for the current year.

American Express Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 3rd will be given a $0.95 dividend. This is a positive change from American Express’s previous quarterly dividend of $0.82. This represents a $3.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, April 2nd. American Express’s payout ratio is presently 21.31%.

Analysts Set New Price Targets

AXP has been the topic of several research analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and set a $425.00 price objective on shares of American Express in a research report on Monday, January 12th. TD Cowen reaffirmed a “hold” rating on shares of American Express in a research report on Thursday, January 8th. Wolfe Research initiated coverage on American Express in a research note on Monday, December 8th. They issued a “peer perform” rating for the company. The Goldman Sachs Group restated a “buy” rating and set a $420.00 price objective on shares of American Express in a research report on Tuesday, January 6th. Finally, Wells Fargo & Company lifted their target price on American Express from $400.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, December 17th. Nine equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, American Express currently has an average rating of “Hold” and an average target price of $352.73.

Insider Buying and Selling at American Express

In other news, insider Howard Grosfield sold 8,134 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $346.73, for a total transaction of $2,820,301.82. Following the completion of the sale, the insider owned 9,433 shares in the company, valued at approximately $3,270,704.09. This represents a 46.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Ravikumar Radhakrishnan sold 15,000 shares of American Express stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $356.58, for a total transaction of $5,348,700.00. Following the completion of the transaction, the insider directly owned 8,945 shares in the company, valued at approximately $3,189,608.10. This represents a 62.64% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 73,944 shares of company stock worth $26,114,366. Company insiders own 0.20% of the company’s stock.

About American Express

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.