Intech Investment Management LLC Has $29.42 Million Stake in American Express Company $AXP

Key Points

• Intech Investment Management cut its American Express stake by 13.5% in the fourth quarter, leaving it with 79,534 shares valued at about $29.4 million.
• American Express beat earnings expectations in its latest quarter, reporting $4.28 EPS versus $4.01 expected, while revenue rose 11.4% year over year to $14.22 billion.
• The company raised its quarterly dividend to $0.95 per share from $0.82, boosting the annualized payout to $3.80 and implying a 1.2% yield.

Intech Investment Management LLC decreased its holdings in American Express Company (NYSE:AXP - Free Report) by 13.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 79,534 shares of the payment services company's stock after selling 12,417 shares during the period. Intech Investment Management LLC's holdings in American Express were worth $29,424,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Joseph Group Capital Management acquired a new position in shares of American Express in the 4th quarter valued at about $26,000. Valley Wealth Managers Inc. increased its holdings in shares of 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 purchasing an additional 46 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in American Express in the third quarter worth approximately $28,000. Guerra Advisors Inc acquired a new position in American Express in the third quarter worth approximately $28,000. Finally, Torren Management LLC acquired a new position in American Express in the fourth quarter worth approximately $32,000. Institutional investors and hedge funds own 84.33% of the company's stock.

American Express Trading Up 0.7%

Shares of AXP stock opened at $314.86 on Friday. American Express Company has a 12 month low of $286.15 and a 12 month high of $387.49. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 1.73. The business's 50 day moving average is $312.36 and its two-hundred day moving average is $339.06. The company has a market cap of $214.84 billion, a PE ratio of 19.64, a price-to-earnings-growth ratio of 1.27 and a beta of 1.08.

American Express (NYSE:AXP - Get Free Report) last announced 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 return on equity of 33.95% and a net margin of 15.13%.The company had revenue of $14.22 billion for the quarter, compared to the consensus estimate of $18.60 billion. During the same quarter last year, the company posted $3.64 earnings per share. The company's revenue for the quarter 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. Equities analysts predict that American Express Company will post 17.59 EPS for the current year.

American Express Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 3rd were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 1.2%. This is a boost from American Express's previous quarterly dividend of $0.82. The ex-dividend date was Thursday, April 2nd. American Express's dividend payout ratio is 23.71%.

More American Express News

Here are the key news stories impacting American Express this week:

• Positive Sentiment: American Express was highlighted at Bernstein’s Strategic Decisions Conference, keeping management and strategy in focus for investors and suggesting the company remains confident in its growth, cardmember engagement, and premium spending model. American Express Company (AXP) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Positive Sentiment: American Express said cardmembers can now tap and ride on more transit systems across Canada, a small but supportive move that expands everyday payment acceptance and reinforces AmEx’s convenience for daily spending. American Express Cardmembers Can Now Tap and Ride on More Transit Systems Across Canada
• Positive Sentiment: One analyst note said American Express kept a Buy rating after a strong first quarter, which supports the view that the company’s earnings power remains solid despite broader macro concerns. American Express Stock Keeps Buy Rating After Stellar Q1, Despite Clouds Over Consumer Confidence
• Neutral Sentiment: Several articles compared AXP with peers such as Visa and Mastercard or with another small-business payments product, but these were more sector commentary than direct catalysts for American Express. Can AmEx Boost SMB Engagement With Its Small Business Credit Card?
• Negative Sentiment: Broader commentary about consumer confidence and retail-banking engagement suggests a less certain spending backdrop, which could limit enthusiasm for payment-volume growth if customers pull back. Warren Buffett's Successor, Greg Abel, Just Sold UnitedHealth Group Stock. Is He Missing a Huge Opportunity?

Wall Street Analyst Weigh In

A number of equities analysts recently commented on AXP shares. JPMorgan Chase & Co. dropped their price objective on American Express from $375.00 to $325.00 and set a "neutral" rating on the stock in a report on Thursday, April 9th. Barclays dropped their price objective on American Express from $323.00 to $322.00 and set an "equal weight" rating on the stock in a report on Friday, April 24th. UBS Group restated a "neutral" rating and issued a $395.00 price objective on shares of American Express in a report on Wednesday, February 4th. BTIG Research restated a "sell" rating and issued a $285.00 price objective on shares of American Express in a report on Friday, April 24th. Finally, The Goldman Sachs Group increased their price objective on 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, nine have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $359.05.

American Express Company 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.

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