American International
About: American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.
Employees: 25,200
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
7% less repeat investments, than reductions
Existing positions increased: 359 | Existing positions reduced: 384
2% less funds holding
Funds holding: 1,031 [Q2] → 1,007 (-24) [Q3]
3.52% less ownership
Funds ownership: 90.93% [Q2] → 87.41% (-3.52%) [Q3]
8% less capital invested
Capital invested by funds: $44.8B [Q2] → $41.3B (-$3.5B) [Q3]
12% less first-time investments, than exits
New positions opened: 94 | Existing positions closed: 107
18% less call options, than puts
Call options by funds: $691M | Put options by funds: $841M
21% less funds holding in top 10
Funds holding in top 10: 19 [Q2] → 15 (-4) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$77
3%
upside
Avg. target
$83
10%
upside
High target
$87
16%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Wells Fargo Elyse Greenspan 67% 1-year accuracy 70 / 105 met price target | 3%upside $77 | Equal-Weight Maintained | 14 Jan 2025 |
Goldman Sachs Alex Scott 56% 1-year accuracy 38 / 68 met price target | 5%upside $79 | Neutral Downgraded | 8 Jan 2025 |
JP Morgan Jimmy Bhullar 51% 1-year accuracy 19 / 37 met price target | 11%upside $83 | Overweight Maintained | 3 Jan 2025 |
Keefe, Bruyette & Woods Meyer Shields 64% 1-year accuracy 68 / 106 met price target | 16%upside $87 | Outperform Maintained | 12 Nov 2024 |
RBC Capital Scott Heleniak 79% 1-year accuracy 42 / 53 met price target | 16%upside $87 | Outperform Reiterated | 6 Nov 2024 |
Financial journalist opinion
Based on 4 articles about AIG published over the past 30 days
Positive
Zacks Investment Research
1 week ago
Here's Why You Should Retain American International Stock for Now
AIG remains well-poised for growth on the back of strong retention rates in the General Insurance segment. Divestitures and cost-cutting initiatives drive margins.
Neutral
Business Wire
1 week ago
AIG Appoints Christopher Flatt Global Chief Underwriting Officer
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Christopher Flatt, currently Head of AIG North America Alternative Channels, has been named Global Chief Underwriting Officer, effective immediately. Mr. Flatt will report directly to Peter Zaffino, Chairman & Chief Executive Officer, AIG and join the company's Executive Leadership Team. “Chris is a highly respected insurance executive with over 30 years of experience in underwriting, risk managem.
Neutral
Business Wire
1 week ago
Private Client Select Appoints Ross Bowie as Chief Executive Officer
NEW YORK--(BUSINESS WIRE)--Private Client Select Insurance Services LLC (PCS), a leading independent Managing General Underwriter that is majority owned by Stone Point Capital LLC and American International Group, Inc. (NYSE: AIG), today announced that Ross Bowie has been appointed Chief Executive Officer, effective immediately. Mr. Bowie joined Private Client Select in February 2024 as President and Chief Risk Officer with responsibility for optimizing the company's portfolio and improving the.
Neutral
Forbes
1 week ago
What's Next For AIG Stock?
American International Group's stock (NYSE: AIG) has gained around 7% over the last 12 months, while the S&P500 is up by over 25% over the same period. American International Group's peer Travelers (NYSE: TRV) is up 25% in the past year.
Positive
Seeking Alpha
1 month ago
If I Could Only Buy 2 High Dividend Yield Companies In December 2024: Both Yield Above 7%
I will demonstrate why I believe that Altria and BB Seguridade Participações S.A. could be attractive additions to your dividend portfolio. Both companies have an attractive Valuation, combine dividend income and dividend growth, and can help you decrease the volatility of your dividend portfolio. While Altria offers a Dividend Yield [FWD] of 7.30%, BB Seguridade Participações S.A.'s stands at 8.64%. Both companies have also shown significant dividend growth in recent years.
Neutral
Business Wire
1 month ago
AIG Leads Launch of Syndicate 2478 at Lloyd's Through Multi-Year Blackstone Strategic Relationship
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has led the launch of a new reinsurance syndicate at Lloyd's. Syndicate 2478 will commence underwriting from January 1, 2025, and will be a multi-year participant on AIG's outwards reinsurance program. The syndicate, which will be managed by Talbot Underwriting Limited at Lloyd's, has approved stamp capacity of $715 million for the 2025 Year of Account. Syndicate 2478 will be supported by third-par.
Neutral
Business Wire
1 month ago
AIG Announces Results and Upsizing of Its Tender Offers for Certain Outstanding Notes
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the results of its previously announced 12 separate offers (the “Offers”) to purchase for cash the notes of the series listed in the table below (collectively, the “Notes”) and that it has amended the Offers by increasing the applicable Maximum Purchase Consideration from $750 million to $1.16 billion. The Offers were made pursuant to AIG's Offer to Purchase, dated December 6, 2024 (the “Offer to Purchase”.
Neutral
Business Wire
1 month ago
AIG Announces Reference Yields and Total Consideration for its Tender Offers for Certain Outstanding Notes
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the pricing terms for each series of the Notes included in its previously announced tender offers (the “Offers”) to purchase outstanding notes of the series listed in the table below (collectively, the “Notes”) for cash up to a maximum $750 million aggregate amount of Total Consideration (as defined below), excluding the Accrued Coupon Payment (as defined below). The Offers are being made pursuant to AIG's.
Neutral
Business Wire
1 month ago
AIG Closes Sale of 21.6% Ownership Stake of Corebridge to Nippon Life
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that is has successfully closed the previously announced sale of approximately 120 million shares of its Corebridge Financial, Inc. (“Corebridge”) common stock to Nippon Life Insurance Company for $31.47 per share, for an aggregate purchase price of $3.8 billion. Wachtell, Lipton, Rosen & Katz acted as legal counsel and J.P. Morgan Securities LLC acted as financial advisor for AIG. Forward Looking Stat.
Neutral
Business Wire
1 month ago
AIG Announces Cash Tender Offers for Certain Outstanding Notes
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has commenced 12 separate offers (each, an “Offer” and collectively, the “Offers”) to purchase outstanding notes of the series listed in the table below (collectively, the “Notes”) for cash up to a maximum $750 million aggregate amount of Total Consideration (as defined below), excluding the Accrued Coupon Payment (as defined below). The series of Notes that are purchased in the Offers will be base.
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