Allstate Corp Makes New Investment in American International Group, Inc. $AIG

Allstate Corp acquired a new position in shares of American International Group, Inc. (NYSE:AIG) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 21,508 shares of the insurance provider’s stock, valued at approximately $1,689,000.

Several other institutional investors have also recently made changes to their positions in AIG. Massachusetts Financial Services Co. MA boosted its holdings in American International Group by 1.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,390,248 shares of the insurance provider’s stock worth $266,270,000 after buying an additional 48,900 shares in the last quarter. Maryland State Retirement & Pension System grew its position in shares of American International Group by 1.8% during the 3rd quarter. Maryland State Retirement & Pension System now owns 28,883 shares of the insurance provider’s stock valued at $2,268,000 after acquiring an additional 517 shares during the period. Sequoia Financial Advisors LLC grew its position in shares of American International Group by 2.6% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 26,448 shares of the insurance provider’s stock valued at $2,077,000 after acquiring an additional 662 shares during the period. Wilmington Savings Fund Society FSB increased its stake in shares of American International Group by 25.4% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 13,997 shares of the insurance provider’s stock valued at $1,099,000 after purchasing an additional 2,832 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd acquired a new position in American International Group in the 3rd quarter worth about $280,000. 90.60% of the stock is owned by hedge funds and other institutional investors.

American International Group News Summary

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.

American International Group Stock Performance

NYSE AIG opened at $72.39 on Wednesday. The stock’s fifty day moving average is $79.47 and its two-hundred day moving average is $79.60. The firm has a market capitalization of $39.06 billion, a P/E ratio of 13.16, a price-to-earnings-growth ratio of 0.76 and a beta of 0.62. 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.

American International Group (NYSE:AIG) last issued its earnings results on Wednesday, November 5th. The insurance provider reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.63. American International Group had a return on equity of 9.09% and a net margin of 11.89%.The business had revenue of $6.35 billion during the quarter, compared to the consensus estimate of $6.82 billion. During the same period last year, the company earned $1.23 EPS. On average, research analysts anticipate that American International Group, Inc. will post 6.24 earnings per share for the current year.

American International Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Tuesday, December 16th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.5%. The ex-dividend date was Tuesday, December 16th. American International Group’s dividend payout ratio (DPR) is presently 32.73%.

Wall Street Analysts Forecast Growth

AIG has been the topic of several research analyst reports. Morgan Stanley dropped their price objective on American International Group from $85.00 to $84.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 7th. 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 note on Thursday, October 9th. Evercore ISI upped their price objective on shares of American International Group from $89.00 to $90.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 1st. Bank of America dropped their target price on shares of American International Group from $89.00 to $80.00 and set a “neutral” rating on the stock in a research report on Friday, January 16th. Finally, Mizuho cut their target price on shares of American International Group from $84.00 to $83.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $87.68.

American International Group 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.