Intech Investment Management 13F: Adds $13M to AXP Stake

Intech Investment Management has boosted its stake in American Express Company (NYSE: AXP) by 47%, according to its latest 13F filing with the SEC. The fund added 37,411 shares during the reporting period, bringing its total holdings to 116,945 shares. This position is valued at approximately $38.1 million.

What Changed in Intech Investment Management's American Express Position

Intech Investment Management significantly increased its position in American Express, raising its holdings from 79,534 shares to 116,945 shares. This addition of 37,411 shares represents a 47% increase in its stake, indicating a stronger commitment to the company with a total value of $38.1 million.

Other Institutional Activity in American Express

Several other institutional investors also made moves in American Express. Berkshire Hathaway maintained its massive holding of 151.6 million shares, valued at about $45.9 billion. BlackRock, Inc. reduced its position by 432,527 shares, ending with 41.9 million shares valued at $12.7 billion. Vanguard Capital Management LLC added 33 million shares, bringing its total to 33 million shares worth $9.98 billion. State Street Corp trimmed its stake by 237,147 shares, holding 29.2 million shares valued at $8.8 billion. Meanwhile, Geode Capital Management, LLC increased its holdings by 1.46 million shares, totaling 14.2 million shares worth $4.27 billion.

American Express Company Stock Up 10.2%

Shares of American Express (NYSE: AXP) currently trade near $325.43. The company boasts a market cap of approximately $222 billion and a P/E ratio of 20.3. Its stock has a 52-week low of $288.34 and a high of $387.49, with a 50-day moving average of $316.29 and a 200-day moving average of $337.22. The firm's beta is 1.058, and it maintains a current ratio of 1.574 and a debt-to-equity ratio of 177.847.

Recent Earnings

American Express reported revenue of $68.8 billion, reflecting a growth rate of 11.6%. The company achieved an EPS of $16.01, with a net margin of 16.3% and a return on equity of 34.4%. The next earnings release is scheduled for April 23, 2026.

Dividend

American Express pays an annual dividend rate of $3.80, yielding 1.17% with a payout ratio of 21.3%.

Insider Buying and Selling at American Express Company

On May 5, 2026, several insiders, including Karen Parkhill, Thomas Baltimore Jr., John Joseph Brennan, Charles Phillips Jr., Lisa Wardell, and Deborah Majoras, each bought 742 shares of American Express. These transactions were not planned under Rule 10b5-1.

Analysts Set New Price Targets

On May 22, 2026, Loop Capital initiated coverage on American Express with a 'buy' rating and a $389 price target. Earlier, on April 29, Evercore ISI Group maintained its 'hold' rating with a $345 target. Goldman Sachs also maintained a 'buy' rating with a $400 target on April 28. The consensus among analysts is a 'buy' recommendation, with an average price target of $361.94 based on 24 opinions.

About American Express

American Express Company operates as a global payments company, offering credit and charge cards, along with travel, dining, and lifestyle services. Headquartered in New York, NY, and led by CEO Stephen Joseph Squeri, the company serves consumers and businesses worldwide through various channels. With a workforce of 76,800 employees, American Express continues to expand its reach across multiple regions.

Bottom Line

Intech Investment Management's increased stake in American Express underscores its confidence in the company's prospects. This move, along with other institutional activities, highlights the interest in American Express as a key player in the financial services sector. Investors should note that 13F filings are historical and may not reflect current positions.