Sei Investments 13F: Adds $6.5M to American Express (AXP) Stake

Sei Investments has increased its stake in American Express Company (NYSE: AXP) by 7.55%, according to its latest 13F filing with the SEC. The fund added 19,071 shares, bringing its total holdings to 271,525 shares, valued at approximately $92.5 million as of the reporting period.

What Changed in Sei Investments's American Express Position

Sei Investments previously held 252,454 shares of American Express. The recent addition of 19,071 shares reflects a 7.55% increase in its stake, now totaling 271,525 shares. The value of Sei's position in the company is reported to be around $92.5 million.

Other Institutional Activity in American Express

Berkshire Hathaway Inc maintained its significant position in American Express with 151,610,700 shares valued at $45.9 billion. BlackRock, Inc. reduced its holdings by 432,527 shares, ending with 41,910,309 shares worth about $12.7 billion. Vanguard Capital Management LLC had no change in its holdings, maintaining 33,010,215 shares valued at approximately $9.98 billion. State Street Corp trimmed its position by 237,147 shares to hold 29,227,721 shares, valued at $8.84 billion. Meanwhile, Geode Capital Management, LLC increased its stake by 1,458,338 shares, bringing its total to 14,166,474 shares worth $4.27 billion.

American Express Company Stock Up 10.9%

Shares of American Express (NYSE: AXP) traded near $340.54. The company has a market capitalization of approximately $232.4 billion, with a P/E ratio of 21.27 and a forward P/E of 16.9. The stock's beta is 1.058, indicating moderate volatility. Over the past 52 weeks, the stock has ranged from $288.34 to $387.49. Its 50-day moving average stands at $318.36, while the 200-day moving average is $337.40.

Recent Earnings

American Express reported revenue of $68.8 billion with a growth rate of 11.6%. The company's earnings per share (EPS) is $16.01, with a net margin of 16.3% and a return on equity (ROE) of 34.42%. The next earnings release is scheduled for July 24, 2026.

Dividend

The company pays an annual dividend of $3.80, yielding 1.12%. The dividend payout ratio is 21.29%, indicating a conservative approach to dividend distribution.

Insider Buying and Selling at American Express Company

On June 15, 2026, Glenda McNeal, Chief Partner Officer, sold 7,033 shares at an average price of $339.36. On May 5, 2026, several insiders, including Karen Parkhill, Thomas Baltimore Jr, John Joseph Brennan, Charles Phillips Jr, and Lisa Wardell, each bought 742 shares.

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. Evercore ISI Group maintained its 'hold' rating with a $345 target on April 29, 2026. Goldman Sachs also maintained a 'buy' rating with a $400 target on April 28, 2026. The consensus among 24 analysts is a 'buy' recommendation with a mean target price of $363.11.

About American Express

American Express Company is a global integrated payments company headquartered in New York, NY. It operates through segments including U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services. The company provides credit and charge cards, travel, dining, lifestyle, and expense management products and services. Under the leadership of CEO Stephen Joseph Squeri, American Express serves consumers, small businesses, and large corporations worldwide.

Bottom Line

Sei Investments' decision to increase its stake in American Express reflects continued confidence in the financial services giant. Investors often track 13F filings to gauge institutional sentiment, though these filings are historical and may not indicate current positions. American Express remains a key player in the credit services industry, with analysts broadly optimistic about its future prospects.