Vanguard Group Reduces $52M in American International Group, Inc. ($AIG)
Vanguard Group cut its AIG position by 699,569 shares, now holding 67.8 million shares.
Key Points
- Vanguard Group trimmed its position in American International Group, Inc. by 699,569 shares, reducing its stake to 67.8 million shares as of the latest SEC filing.
- AIG shares traded at $75.21 with a market cap of $40.16 billion and a P/E ratio of 13.33, while the stock's 52-week range is $71.25 to $87.29.
- Insider transactions at AIG included several buys and a sale by executives, while analysts maintain a 'buy' consensus with a target mean price of $87.80.
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Vanguard Group recently filed a report with the SEC showing it had reduced its holdings in American International Group, Inc. (NYSE: AIG). The fund trimmed its position by 699,569 shares, bringing its total to approximately 67.8 million shares, valued at about $5.1 billion. This filing reflects the fund's holdings as of the reporting period and may not represent its current position.
What Changed in Vanguard Group's American International Group Position
Vanguard Group decreased its stake in AIG by 699,569 shares, bringing its total down to 67,783,183 shares. This cut represents a 1.02% reduction from its previous holding of 68,482,752 shares, with the current holding valued at approximately $5.1 billion.
Other Institutional Activity in American International Group
Other large investors also adjusted their positions in AIG. BlackRock, Inc. reduced its holding by 2,035,975 shares, ending with 46,671,041 shares valued at about $3.51 billion. Wellington Management Group LLP increased its stake by 2,455,181 shares, holding a total of 28,370,434 shares worth approximately $2.13 billion. Meanwhile, State Street Corp trimmed its position slightly by 208,551 shares, now holding 24,918,447 shares valued at nearly $1.88 billion.
American International Group, Inc. Stock Down 3.0%
Shares of American International Group, Inc. (NYSE: AIG) traded near $75.21. The company has a market cap of approximately $40.16 billion with a P/E ratio of 13.33 and a forward P/E of 8.51. AIG's stock has a 52-week low of $71.25 and a high of $87.29, with a 50-day moving average of $76.17 and a 200-day moving average of $77.81. The firm's beta is 0.54, indicating lower volatility compared to the market.
$AIG stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its recent earnings report, AIG reported revenue of $26.7 billion with a modest growth rate of 1.4%. The company's earnings per share (EPS) stood at $5.68, with a net margin of 11.84% and a return on equity (ROE) of 7.72%. The next earnings release is expected on April 30, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
4 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 10.1%. Revenue missed estimates by 6.4%.
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Profit surprise
Operating income missed by 24 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
4 target raises.
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Earnings quality
Gross margin up 15.9 points. Operating margin up 0.7 points. Positive free cash flow.
Earnings Call Summary
AIG had its strongest first quarter since Peter Zaffino took over as CEO. Reported earnings per share of 2 dollars 11 cents beat consensus by 11 percent. Net premiums written jumped 18 percent year over year, driven by strong growth across all three insurance segments and favorable reinsurance renewals in January. The company is deploying advanced artificial intelligence tools to help underwriters review submissions faster and more accurately, with early tests showing 30 percent improvement in property quoting and 55 percent faster review time in their Lexington middle market business. However, the U.S. large account property market remains very competitive with pricing down 11 percent, so AIG is intentionally shrinking that segment to focus on more profitable opportunities.
Guidance AIG expects General Insurance net premiums to grow in the low to mid-teens for full year 2026. The company raised its quarterly dividend to 50 cents per share, up 11 percent, marking four straight years of double-digit increases. Management reaffirmed three-year targets from the 2025 Investor Day including over 20 percent operating earnings per share growth through 2027 and core operating return on equity of 10 to 13 percent. They plan to continue deploying capital into strategic opportunities while managing disciplined underwriting.
Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.
Dividend
AIG offers a dividend with an annual rate of $2.00, yielding 2.64% based on the current stock price. The dividend payout ratio is 31.69%, reflecting a sustainable distribution of earnings to shareholders.
Insider Buying and Selling at American International Group, Inc.
Recent insider activity at AIG includes several purchases and a sale. On June 3, 2026, Kelly Lafnitzegger, EVP and Chief HR Officer, sold 549 shares at an average price of $72.55. On June 1, 2026, Thomas Stoddard bought 2,387 shares. Additionally, on May 13, 2026, insiders including James Cole Jr., Diana Murphy, Peter Porrino, and Vanessa Ames Wittman each bought 2,441 shares.
Analysts Set New Price Targets
Analysts have maintained their ratings on AIG, with Keefe, Bruyette & Woods maintaining a 'buy' rating and setting a price target of $98 on May 8, 2026. UBS also maintained a 'buy' rating with a $94 target on May 4, 2026. The consensus among analysts is a 'buy' rating, with a target mean price of $87.80 based on 20 opinions.
About American International Group
American International Group, Inc. (AIG) is a global insurance company headquartered in New York, NY. It provides a wide range of insurance products for commercial, institutional, and individual customers across North America and internationally. AIG operates through segments like North America Commercial, International Commercial, and Global Personal. The company offers property insurance, liability, and various specialty insurance products, along with mortgage and loan services.
Bottom Line
Vanguard Group's recent reduction in its AIG holdings is part of a broader trend among institutional investors adjusting their positions. As a major player in the diversified insurance industry, AIG's performance and strategic moves remain closely watched by investors. Remember, 13F filings are backward-looking and reflect positions at the time of the report, not necessarily the current state of holdings.
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