Landscape Capital Management Snaps Up $1.97 Million in American Express Stock
Landscape Capital Management L.L.C., a financial firm, has acquired 5,816 new shares of American Express Company (NYSE:AXP) stock. The company made this purchase in the second quarter, according to its most recent filing with the Securities and Exchange Commission.
The value of these shares is approximately $1,967,000. This transaction was part of a larger trend where several large investors added or reduced their stakes in AXP during the fourth quarter.
American Express' market capitalization stands at $226.90 billion, with a P/E ratio of 20.39 and a beta of 1.04. The company's recent earnings report beat analyst expectations, with a net margin of 15.07% and a return on equity of 34.12%.
Despite its strong performance, American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts forecast that the company will post 17.67 EPS for the current fiscal year.