Qsemble Capital Management LP Purchases New Position in American Express Company $AXP

Qsemble Capital Management LP acquired a new stake in American Express Company (NYSE:AXP) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 22,991 shares of the payment services company’s stock, valued at approximately $8,506,000. American Express accounts for 0.7% of Qsemble Capital Management LP’s investment portfolio, making the stock its 29th biggest position.

Other institutional investors also recently bought and sold shares of the company. Valley Wealth Managers Inc. increased its stake in American Express by 153.3% in the third quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock valued at $25,000 after purchasing an additional 46 shares during the period. Joseph Group Capital Management acquired a new position in American Express in the fourth quarter valued at $26,000. Manning & Napier Advisors LLC acquired a new position in American Express in the third quarter valued at $27,000. Guerra Advisors Inc acquired a new position in American Express in the third quarter valued at $28,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in American Express in the third quarter valued at $28,000. 84.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on AXP shares. Truist Financial dropped their price objective on shares of American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. Weiss Ratings lowered shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 15th. Morgan Stanley dropped their price target on shares of American Express from $395.00 to $385.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 16th. Bank of America boosted their price target on shares of American Express from $381.00 to $387.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, BTIG Research reiterated a “sell” rating and set a $285.00 price target on shares of American Express in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $357.47.

American Express Stock Up 0.3%

Shares of NYSE AXP opened at $313.69 on Friday. American Express Company has a 12-month low of $281.46 and a 12-month high of $387.49. The company has a market capitalization of $214.04 billion, a PE ratio of 19.57, a price-to-earnings-growth ratio of 1.27 and a beta of 1.08. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.57 and a quick ratio of 1.56. The firm’s 50-day moving average is $310.73 and its two-hundred day moving average is $342.41.

American Express (NYSE:AXP) last announced its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.01 by $0.27. The business had revenue of $14.22 billion for the quarter, compared to the consensus estimate of $18.60 billion. American Express had a net margin of 15.13% and a return on equity of 33.95%. The company’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.64 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts anticipate that American Express Company will post 17.59 EPS for the current fiscal year.

American Express Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, April 3rd were given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 1.2%. This is a positive change from American Express’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend was Thursday, April 2nd. American Express’s dividend payout ratio (DPR) is currently 23.71%.

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.