American International Group, Inc. $AIG Shares Sold by Swedbank AB

Swedbank AB reduced its position in American International Group, Inc. (NYSE:AIG) by 1.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,298,095 shares of the insurance provider’s stock after selling 19,081 shares during the period. Swedbank AB’s holdings in American International Group were worth $111,052,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Westfuller Advisors LLC acquired a new stake in American International Group in the third quarter valued at $26,000. Atlantic Union Bankshares Corp raised its stake in shares of American International Group by 7,100.0% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 360 shares of the insurance provider’s stock worth $28,000 after buying an additional 355 shares during the last quarter. Eastern Bank raised its stake in shares of American International Group by 2,473.3% during the 3rd quarter. Eastern Bank now owns 386 shares of the insurance provider’s stock worth $30,000 after buying an additional 371 shares during the last quarter. Aventura Private Wealth LLC purchased a new stake in shares of American International Group in the 4th quarter worth about $39,000. Finally, JPL Wealth Management LLC acquired a new stake in American International Group in the 3rd quarter valued at about $39,000. 90.60% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting American International Group

Here are the key news stories impacting American International Group this week:

• Positive Sentiment: Goldman Sachs raised its price target to $90 (from $87) and kept a “buy” rating — a bullish signal implying roughly a mid-teens upside and providing analyst support for the stock. Goldman Sachs PT Raise
• Positive Sentiment: Mizuho raised its price target to $86 (from $84) and left a “neutral” rating — a modest upward revision that signals incremental analyst confidence in AIG’s outlook. Mizuho PT Raise
• Positive Sentiment: AIG agreed to sell about 25 million Corebridge Financial (CRBG) shares — its remaining stake — for roughly $710 million, expected to close May 7. The transaction converts an equity holding into cash, reduces corporate complexity and strengthens liquidity/capital flexibility (uses of proceeds not detailed). AIG Corebridge Stake Sale
• Neutral Sentiment: Wells Fargo trimmed its price target slightly to $85 (from $86) and maintained an “equal weight” rating — a modest adjustment that is neither a strong negative nor a clear positive for the stock. Wells Fargo PT Cut

Wall Street Analyst Weigh In

Several research firms have weighed in on AIG. Evercore dropped their target price on shares of American International Group from $90.00 to $85.00 in a report on Friday, January 23rd. Citigroup increased their price target on shares of American International Group from $85.00 to $88.00 and gave the company a “neutral” rating in a research report on Monday. Mizuho raised their price objective on shares of American International Group from $84.00 to $86.00 and gave the stock a “neutral” rating in a research note on Wednesday. Barclays lifted their price objective on American International Group from $78.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Friday, May 1st. Finally, Wells Fargo & Company lowered their target price on American International Group from $86.00 to $85.00 and set an “equal weight” rating on the stock in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $87.94.

American International Group Stock Performance

Shares of NYSE AIG opened at $77.67 on Thursday. The company has a 50-day simple moving average of $76.77 and a 200-day simple moving average of $77.77. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.65 and a quick ratio of 0.61. The company has a market cap of $41.18 billion, a PE ratio of 13.70, a price-to-earnings-growth ratio of 0.76 and a beta of 0.53. American International Group, Inc. has a 12 month low of $71.25 and a 12 month high of $87.46.

American International Group (NYSE:AIG) last released its earnings results on Thursday, April 30th. The insurance provider reported $2.11 EPS for the quarter, topping the consensus estimate of $1.89 by $0.22. The firm had revenue of $7.02 billion during the quarter, compared to analysts’ expectations of $7.03 billion. American International Group had a net margin of 11.86% and a return on equity of 10.93%. During the same period in the previous year, the company earned $1.17 EPS. On average, equities analysts anticipate that American International Group, Inc. will post 7.86 earnings per share for the current year.

American International Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 15th will be given a $0.50 dividend. This is an increase from American International Group’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. American International Group’s dividend payout ratio (DPR) is presently 31.75%.

American International Group Company Profile

American International Group, Inc (AIG) is a global insurance holding company that provides a broad range of property-casualty insurance, specialty insurance, and risk management solutions to institutional, commercial and individual customers. Through its operating subsidiaries, AIG underwrites commercial and personal lines products—ranging from general liability, property, and casualty coverages to specialty lines such as professional liability, surety, cyber and marine—along with related services designed to help clients manage and transfer risk.

The company also has a long history in life insurance, retirement solutions and asset management through businesses that have been restructured or separated over time.