NewEdge Advisors LLC Sells 21,042 Shares of American International Group, Inc. $AIG

NewEdge Advisors LLC lowered its position in American International Group, Inc. (NYSE:AIG) by 36.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 37,342 shares of the insurance provider’s stock after selling 21,042 shares during the period. NewEdge Advisors LLC’s holdings in American International Group were worth $2,810,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in shares of American International Group during the 4th quarter valued at $1,091,000. Sivia Capital Partners LLC increased its position in American International Group by 30.7% during the second quarter. Sivia Capital Partners LLC now owns 5,050 shares of the insurance provider’s stock worth $432,000 after buying an additional 1,185 shares during the last quarter. Flow Traders U.S. LLC bought a new position in American International Group during the second quarter valued at about $217,000. Ieq Capital LLC raised its holdings in American International Group by 11.5% during the second quarter. Ieq Capital LLC now owns 244,871 shares of the insurance provider’s stock valued at $20,958,000 after buying an additional 25,311 shares in the last quarter. Finally, HUB Investment Partners LLC acquired a new stake in shares of American International Group in the second quarter worth about $269,000. Institutional investors own 90.60% of the company’s stock.

Insider Transactions at American International Group

In other American International Group news, insider Peter Zaffino sold 36,829 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $76.14, for a total value of $2,804,160.06. Following the sale, the insider directly owned 556,004 shares in the company, valued at $42,334,144.56. This trade represents a 6.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

AIG has been the topic of a number of analyst reports. Wells Fargo & Company lowered their price objective on American International Group from $89.00 to $85.00 and set an “equal weight” rating on the stock in a report on Monday. BMO Capital Markets boosted their target price on American International Group from $83.00 to $89.00 in a report on Thursday, May 7th. HSBC decreased their target price on American International Group from $94.00 to $88.00 and set a “buy” rating for the company in a research report on Monday, July 6th. JPMorgan Chase & Co. lifted their price target on shares of American International Group from $86.00 to $90.00 and gave the company a “neutral” rating in a research report on Monday, July 20th. Finally, The Goldman Sachs Group boosted their price objective 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. Seven investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $88.39.

Key Stories Impacting American International Group

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

American International Group Stock Down 0.1%

Shares of AIG stock opened at $76.05 on Friday. American International Group, Inc. has a 12 month low of $71.25 and a 12 month high of $87.29. The firm has a market cap of $39.77 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 0.70 and a beta of 0.53. The stock has a 50 day moving average of $77.55 and a 200-day moving average of $76.90. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.23.

American International Group (NYSE:AIG) last announced its quarterly earnings data on Thursday, August 6th. The insurance provider reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.08. American International Group had a net margin of 11.13% and a return on equity of 11.03%. The business had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $7.25 billion. During the same quarter last year, the company posted $1.81 earnings per share. On average, equities analysts predict that American International Group, Inc. will post 8.01 EPS for the current year.

American International Group Dividend Announcement

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

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.