Allstate Corp acquired a new position in American International Group, Inc. (NYSE:AIG – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 21,508 shares of the insurance provider’s stock, valued at approximately $1,689,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AIG. GFG Capital LLC purchased a new stake in American International Group in the second quarter valued at $33,000. Eastern Bank increased its position 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 purchasing an additional 371 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in American International Group in the 2nd quarter valued at about $32,000. Barrett & Company Inc. purchased a new stake in American International Group in the 2nd quarter valued at about $35,000. Finally, NewSquare Capital LLC lifted its position in American International Group by 58.6% in the second quarter. NewSquare Capital LLC now owns 417 shares of the insurance provider’s stock valued at $36,000 after buying an additional 154 shares during the last quarter. Institutional investors and hedge funds own 90.60% of the company’s stock.
American International Group Stock Down 0.7%
AIG stock opened at $72.39 on Wednesday. The company’s 50 day moving average price is $79.47 and its 200 day moving average price is $79.60. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.32 and a current ratio of 1.32. American International Group, Inc. has a fifty-two week low of $71.74 and a fifty-two week high of $88.07. The firm has a market capitalization of $39.06 billion, a price-to-earnings ratio of 13.16, a PEG ratio of 0.76 and a beta of 0.62.
American International Group Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 16th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Tuesday, December 16th. American International Group’s payout ratio is 32.73%.
Analysts Set New Price Targets
AIG has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price target on shares of American International Group from $95.00 to $97.00 and gave the company a “neutral” rating in a research report on Thursday, October 9th. UBS Group increased their price objective on shares of American International Group from $90.00 to $94.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Cantor Fitzgerald dropped their target price on shares of American International Group from $80.00 to $77.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. Keefe, Bruyette & Woods boosted their target price on American International Group from $91.00 to $96.00 and gave the company an “outperform” rating in a research report on Tuesday, January 6th. Finally, HSBC decreased their price target on American International Group from $91.00 to $86.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, American International Group has a consensus rating of “Hold” and an average target price of $87.68.
Read Our Latest Analysis on AIG
Key Stories Impacting American International Group
Here are the key news stories impacting American International Group this week:
- Positive Sentiment: AIG announced a strategic partnership with CVC committing up to $3.5 billion to separately managed accounts in CVC’s credit strategies and to a private equity secondaries evergreen platform — this should accelerate AIG’s allocation to higher-yielding private credit and secondaries, potentially lifting investment income and ROE over time. AIG and CVC Announce Strategic Partnership
- Neutral Sentiment: Market previews point to solid double-digit Q4 EPS growth expectations ahead of AIG’s next earnings release — positive if delivered, but exposure to investment performance and underwriting trends keeps outcomes uncertain. What You Need to Know Ahead of American International Group’s Earnings Release
- Neutral Sentiment: Unusually heavy options activity has been reported around AIG, which can indicate speculative positioning or hedging into the earnings window — this raises short-term volatility risk but not a clear directional signal for fundamentals. Do options traders know something about American International Group stock we don’t?
- Negative Sentiment: Bank of America cut its AIG price target to $80, signaling reduced near-term upside in analysts’ forecasts and possibly weighing on sentiment. Bank of America Cuts American International Group Price Target
- Negative Sentiment: HSBC trimmed its price target to $86, another downward revision that could pressure the stock while investors await confirmed earnings and the initial returns from the CVC deployment. HSBC Cuts American International Group Price Target
- Negative Sentiment: Technicals and volume are weak: shares are trading below both the 50‑ and 200‑day moving averages, volume is below average, and the stock is near its 12‑month low — factors that can amplify downside if upcoming earnings or early results from the CVC program disappoint.
About American International Group
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.
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