American International Group (NYSE:AIG) Price Target Raised to $96.00

American International Group (NYSE:AIG) had its price target upped by Keefe, Bruyette & Woods from $95.00 to $96.00 in a research note published on Tuesday,Benzinga reports. They currently have an outperform rating on the insurance provider’s stock.

Several other brokerages have also weighed in on AIG. The Goldman Sachs Group increased their price objective on shares of American International Group from $85.00 to $88.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Cantor Fitzgerald raised American International Group from a “neutral” rating to an “overweight” rating and upped their target price for the company from $85.00 to $92.00 in a research report on Thursday, July 9th. Royal Bank Of Canada increased their target price on American International Group from $85.00 to $87.00 and gave the stock a “sector perform” rating in a research note on Monday. HSBC dropped their price target on American International Group from $94.00 to $88.00 and set a “buy” rating for the company in a report on Monday, July 6th. Finally, Weiss Ratings upgraded American International Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 2nd. Seven investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $88.39.

American International Group Price Performance

Shares of NYSE AIG opened at $76.05 on Tuesday. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average price is $77.55 and its two-hundred day moving average price is $76.90. The company 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. American International Group has a twelve month low of $71.25 and a twelve month high of $87.29.

American International Group (NYSE:AIG) last issued its 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 the consensus estimate 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 previous year, the company posted $1.81 EPS. On average, analysts predict that American International Group will post 8.01 EPS for the current year.

American International Group Dividend Announcement

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

Insider Buying and Selling at American International Group

In related news, insider Peter Zaffino sold 36,829 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $76.14, for a total value of $2,804,160.06. Following the completion of the sale, the insider directly owned 556,004 shares in the company, valued at approximately $42,334,144.56. The trade was a 6.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On American International Group

A number of hedge funds have recently added to or reduced their stakes in the stock. Modus Advisors LLC bought a new stake in shares of American International Group during the 4th quarter valued at $27,000. Navalign LLC bought a new position in shares of American International Group in the fourth quarter worth $29,000. Mcguire Capital Advisors Inc. acquired a new position in American International Group in the fourth quarter valued at about $29,000. SHP Wealth Management acquired a new position in American International Group in the fourth quarter valued at about $34,000. Finally, CENTRAL TRUST Co lifted its position in American International Group by 48.7% during the first quarter. CENTRAL TRUST Co now owns 461 shares of the insurance provider’s stock worth $35,000 after purchasing an additional 151 shares during the period. Institutional investors own 90.60% of the company’s stock.

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 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.