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

Qsemble Capital Management LP purchased a new stake in American Express Company (NYSE:AXP) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 22,991 shares of the payment services company’s stock, valued at approximately $8,506,000. American Express makes up approximately 0.7% of Qsemble Capital Management LP’s holdings, making the stock its 29th biggest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Joseph Group Capital Management acquired a new stake in American Express in the 4th quarter valued at about $26,000. Valley Wealth Managers Inc. raised its holdings in American Express by 153.3% in the 3rd quarter. Valley Wealth Managers Inc. now owns 76 shares of the payment services company’s stock valued at $25,000 after acquiring an additional 46 shares during the last quarter. Manning & Napier Advisors LLC acquired a new stake in American Express in the 3rd quarter valued at about $27,000. Measured Wealth Private Client Group LLC acquired a new stake in American Express in the 3rd quarter valued at about $28,000. Finally, Guerra Advisors Inc acquired a new stake in American Express in the 3rd quarter valued at about $28,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AXP has been the subject of a number of recent research reports. Evercore set a $345.00 price objective on shares of American Express in a report on Wednesday, April 29th. Freedom Capital upgraded shares of American Express from a “hold” rating to a “strong-buy” rating in a report on Thursday. BTIG Research restated a “sell” rating and set a $285.00 price target on shares of American Express in a report on Friday, April 24th. UBS Group restated a “neutral” rating and set a $395.00 price target on shares of American Express in a report on Wednesday, February 4th. Finally, The Goldman Sachs Group raised their price target on shares of American Express from $360.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, American Express currently has a consensus rating of “Hold” and a consensus target price of $357.47.

American Express Stock Up 0.3%

American Express stock opened at $313.69 on Friday. American Express Company has a fifty-two week low of $281.46 and a fifty-two week high of $387.49. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. The firm has a 50 day moving average price of $310.73 and a 200 day moving average price of $342.41. 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.

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

American Express Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, April 3rd were given a dividend of $0.95 per share. This is an increase from American Express’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $3.80 annualized dividend and a dividend yield of 1.2%. American Express’s dividend payout ratio is presently 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.