Epoch Investment Partners 13F: Cuts AXP Stake by $48M

Epoch Investment Partners has reduced its stake in American Express Company (NYSE: AXP) by 141,639 shares, a decrease of 28.9%, bringing its total holdings down to 349,126 shares valued at approximately $118.1 million. This change was reported in Epoch's latest Form 13F filing, which reflects holdings as of May 14, 2026.

The reduction in shares shows a shift in Epoch's investment strategy regarding American Express. The firm held 490,765 shares before the cut, indicating a substantial trimming of its position. At the time of the filing, American Express shares traded at $338.25.

Other Institutional Activity in American Express

Several other institutional investors have also adjusted their positions in American Express. Berkshire Hathaway, Inc. continues to hold a significant position with 151,610,700 shares valued at about $47.4 billion. Blackrock Inc. grew its holdings by 96,393 shares, ending with 42,006,392 shares worth approximately $13.1 billion. Vanguard Capital Management LLC added 2,205,096 shares, bringing its total to 35,215,521 shares valued at around $11.0 billion. However, State Street Corporation reduced its stake by 131,523 shares, now holding 29,095,803 shares worth about $9.1 billion.

American Express Company Stock Up 10.2%

American Express shares are currently trading at $338.25, up from the previous close of $306.95. This price positions the stock above its 50-day moving average of $322.00 and below its 200-day moving average of $329.04. The stock has fluctuated between a 52-week low of $290.97 and a high of $387.49, reflecting a dynamic trading environment.

Recent Earnings

In its most recent earnings report for the quarter ending June 30, 2026, American Express posted revenue of $70.9 billion, with a revenue growth of 12.8% year over year. The company reported earnings per share (EPS) of $16.48 and a net margin of 16.14%. The next earnings date is scheduled for October 23, 2026.

Dividend

American Express currently has a dividend yield of 1.21% with an annual dividend rate reflecting a payout ratio of 21.48%. The company has been consistent in returning value to its shareholders.

Insider Buying and Selling at American Express Company

Several insiders have sold shares of American Express recently. Officer Herena Monique sold 8,811 shares at an average price of $337.41 on August 18, 2026, totaling approximately $2.97 million. Another officer, Mcneal Glenda G, sold 7,033 shares at $339.36 on June 15, 2026, for about $2.39 million. Joabar Raymond D sold 40 shares on March 13, 2026, valued at around $12,257, and Lieberman Quinn Jessica sold 3,032 shares at $300.02 on March 6, 2026, worth about $909,661.

Analysts Set New Price Targets

Analysts have been maintaining their ratings on American Express amid recent market activity. On October 12, 2026, Morgan Stanley maintained an Equal-Weight rating with a price target of $380. JP Morgan also kept its Overweight rating with a target of $360, down from $400. RBC Capital maintained an Outperform rating with a target of $400, reduced from $415. The consensus among 25 analysts gives American Express a 'buy' recommendation with a mean price target of $369.44.

About American Express

American Express Company operates as a global payments company with a wide range of services, including consumer and commercial credit card offerings. The firm is headquartered in New York City and serves customers worldwide. This filing reflects a strategic adjustment in holdings as the company navigates a competitive financial landscape.

Bottom Line

Going forward, investors will be watching for American Express's performance in its upcoming earnings report on October 23, 2026, as well as any further filings that may signal shifts in institutional interest. The 13F filing reflects past holdings and may not represent current positions.