American International Group, Inc. $AIG Shares Acquired by Handelsbanken Fonder AB

Handelsbanken Fonder AB increased its stake in shares of American International Group, Inc. (NYSE:AIG) by 59.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 194,586 shares of the insurance provider’s stock after purchasing an additional 72,180 shares during the period. Handelsbanken Fonder AB’s holdings in American International Group were worth $14,502,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AIG. Brighton Jones LLC purchased a new stake in shares of American International Group in the fourth quarter valued at $1,091,000. Sivia Capital Partners LLC increased its position in American International Group by 30.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,050 shares of the insurance provider’s stock worth $432,000 after purchasing an additional 1,185 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in American International Group in the 2nd quarter valued at about $217,000. Ieq Capital LLC lifted its holdings in American International Group by 11.5% in the 2nd quarter. Ieq Capital LLC now owns 244,871 shares of the insurance provider’s stock valued at $20,958,000 after purchasing an additional 25,311 shares in the last quarter. Finally, HUB Investment Partners LLC purchased a new position in American International Group in the 2nd quarter valued at about $269,000. Hedge funds and other institutional investors own 90.60% of the company’s stock.

American International Group Price Performance

Shares of American International Group stock opened at $76.05 on Friday. The business’s fifty day moving average price is $77.55 and its 200 day moving average price is $76.90. American International Group, Inc. has a twelve month low of $71.25 and a twelve month high of $87.29. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $39.77 billion, a P/E ratio of 13.90, a PEG ratio of 0.70 and a beta of 0.53.

American International Group (NYSE:AIG) last announced its quarterly earnings results on Thursday, August 6th. The insurance provider reported $2.00 EPS for the quarter, topping the consensus estimate of $1.92 by $0.08. The company had revenue of $7.08 billion during the quarter, compared to analyst estimates of $7.25 billion. American International Group had a return on equity of 11.03% and a net margin of 11.13%.During the same period in the prior year, the firm posted $1.81 earnings per share. As a group, research analysts anticipate that American International Group, Inc. will post 8.01 earnings per share for the current year.

American International Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a $0.50 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $2.00 annualized dividend and a yield of 2.6%. American International Group’s dividend payout ratio (DPR) is presently 36.56%.

Analysts Set New Price Targets

A number of brokerages have recently commented on AIG. Cantor Fitzgerald upgraded shares of American International Group from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $85.00 to $92.00 in a report on Thursday, July 9th. Weiss Ratings raised shares of American International Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 2nd. The Goldman Sachs Group lifted their target price on shares of American International Group from $85.00 to $88.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Wells Fargo & Company reduced their price target on American International Group from $89.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, Citigroup lifted their price objective on American International Group from $85.00 to $88.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Seven analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $88.39.

American International Group News Summary

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

• Positive Sentiment: AIG introduced a Parametric Cloud Outage Solution, designed to provide predetermined payments when cloud-service disruptions meet specified conditions. The offering expands the insurer’s cyber coverage and could support future growth as businesses seek protection against cloud-related interruptions. AIG Expands Cyber Insurance Offering to Help Businesses Manage Cloud Outage Risks
• Positive Sentiment: KBW maintained a Buy rating on AIG, while Royal Bank of Canada raised its price target to $87. These views indicate that some analysts see additional upside from current trading levels. KBW Remains a Buy on American International Group Royal Bank of Canada Increases AIG Price Target
• Neutral Sentiment: Morgan Stanley lowered its AIG price target from $82 to $81 and kept an Equal Weight rating. The revised target still implied roughly 6.5% upside based on the referenced price, but the reduction signals more limited near-term conviction. Morgan Stanley AIG analyst update
• Neutral Sentiment: AIG appointed a 15-year company veteran to lead its North American cyber and professional liability business. The move may support execution in a strategically important insurance segment, although no immediate financial impact was disclosed. AIG taps veteran to head cyber and professional liability
• Negative Sentiment: Chief Executive Peter Zaffino sold a combined 236,829 AIG shares for approximately $18.1 million, reducing his holdings. Because both transactions were conducted under a pre-arranged Rule 10b5-1 plan, the sales may reflect scheduled diversification rather than a change in his outlook, but they can nevertheless weigh on sentiment.
• Neutral Sentiment: Analyst opinions on AIG remain mixed, suggesting the stock lacks a clear consensus catalyst despite its moderate valuation and continued analyst price targets above the referenced market price. Analysts’ Opinions Are Mixed on AIG

Insider Buying and Selling

In other American International Group news, insider Peter Zaffino sold 200,000 shares of American International Group stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $76.47, for a total transaction of $15,294,000.00. Following the transaction, the insider directly owned 592,833 shares of the company’s stock, valued at $45,333,939.51. The trade was a 25.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

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.