M&T Bank Corp Decreases Holdings in American International Group, Inc. $AIG

Key Points

• 90.4% — M&T Bank Corp cut its AIG stake by 90.4% in Q4, selling 56,654 shares and leaving 6,044 shares worth $517,000.
• Beat and dividend hike — AIG reported Q1 EPS of $2.11 (vs. $1.89 est.), but revenue was roughly flat and investment income declined; the company raised its quarterly dividend to $0.50 (11.1% increase, annualized $2.00, ~2.5% yield).
• Analyst stance — Several brokers trimmed price targets recently and, per MarketBeat, the consensus rating is "Hold" with a target price of $86.88.

M&T Bank Corp trimmed its holdings in shares of American International Group, Inc. (NYSE:AIG - Free Report) by 90.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,044 shares of the insurance provider's stock after selling 56,654 shares during the period. M&T Bank Corp's holdings in American International Group were worth $517,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. boosted its position in American International Group by 2.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 5,072 shares of the insurance provider's stock worth $434,000 after purchasing an additional 129 shares during the period. Westwood Holdings Group Inc. lifted its position in shares of American International Group by 2.9% during the second quarter. Westwood Holdings Group Inc. now owns 4,627 shares of the insurance provider's stock worth $396,000 after purchasing an additional 130 shares during the last quarter. JFS Wealth Advisors LLC raised its stake in American International Group by 17.7% during the third quarter. JFS Wealth Advisors LLC now owns 872 shares of the insurance provider's stock worth $68,000 after acquiring an additional 131 shares during the period. Howard Capital Management Inc. raised its stake in American International Group by 3.0% during the third quarter. Howard Capital Management Inc. now owns 4,717 shares of the insurance provider's stock worth $370,000 after acquiring an additional 138 shares during the period. Finally, One Wealth Capital Management LLC raised its stake in American International Group by 3.7% during the third quarter. One Wealth Capital Management LLC now owns 4,005 shares of the insurance provider's stock worth $315,000 after acquiring an additional 144 shares during the period. 90.60% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on AIG. The Goldman Sachs Group dropped their price target on shares of American International Group from $90.00 to $87.00 and set a "buy" rating on the stock in a research note on Tuesday, April 7th. JPMorgan Chase & Co. lowered their price objective on shares of American International Group from $97.00 to $86.00 and set a "neutral" rating on the stock in a research note on Monday, April 20th. HSBC reduced their target price on shares of American International Group from $90.00 to $89.00 and set a "buy" rating for the company in a report on Tuesday, April 7th. Piper Sandler reduced their target price on shares of American International Group from $95.00 to $88.00 and set an "overweight" rating for the company in a report on Thursday, February 12th. Finally, Cantor Fitzgerald raised their price objective on shares of American International Group from $77.00 to $81.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $86.88.

American International Group Stock Up 5.4%

AIG stock opened at $78.85 on Friday. American International Group, Inc. has a 12-month low of $71.25 and a 12-month high of $87.46. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.22. The company has a market cap of $42.34 billion, a price-to-earnings ratio of 13.91, a PEG ratio of 0.60 and a beta of 0.53. The company has a 50 day moving average of $76.85 and a two-hundred day moving average of $77.82.

American International Group (NYSE:AIG - Get Free Report) last released its earnings results on Thursday, April 30th. The insurance provider reported $2.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.89 by $0.22. The company had revenue of $7.02 billion during the quarter, compared to the consensus estimate of $7.03 billion. American International Group had a net margin of 11.86% and a return on equity of 10.88%. During the same quarter in the prior year, the firm earned $1.17 EPS. On average, equities analysts anticipate that American International Group, Inc. will post 7.75 earnings per share for the current fiscal year.

American International Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.50 per share. The ex-dividend date is Monday, June 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.5%. This is an increase from American International Group's previous quarterly dividend of $0.45. American International Group's payout ratio is 31.75%.

American International Group News Summary

Here are the key news stories impacting American International Group this week:

• Positive Sentiment: Q1 earnings beat and underwriting strength—AIG reported $2.11 GAAP EPS, topping estimates as underwriting income surged and expense control improved; management highlighted underwriting momentum across General Insurance. AIG Beats Q1 Earnings
• Positive Sentiment: Company press release: management calls the quarter “excellent” with Core Operating ROE ~12.2% and significant momentum — supports confidence in the turnaround strategy. AIG Reports Excellent First Quarter 2026 Results
• Positive Sentiment: Dividend increase — AIG raised the quarterly dividend to $0.50 (11.1% higher), signaling confidence in cash flow and returning capital to shareholders (ex-dividend June 15). (Company disclosure)
• Positive Sentiment: Strategic deals are producing results — Bloomberg Law notes profit gains as CEO Maurice “Zaffino’s” strategic transactions and portfolio actions take effect, reinforcing the bullish narrative on execution. AIG Profit Jumps as CEO Zaffino’s Strategic Deals Take Effect
• Neutral Sentiment: Analyst note: Barclays nudged its price target from $78 to $80 with an "equal weight" rating — a modest endorsement but not a bullish upgrade. Barclays Raises AIG Price Target
• Neutral Sentiment: Earnings call materials and transcript are available for detail on reserve development, underwriting trends and capital deployment — useful for investors who want to dig into segment-level drivers. Q1 2026 Earnings Call Transcript Q1 Presentation
• Negative Sentiment: Investment income fell sharply — Zacks and other coverage note investment income declined materially, which could mute future earnings if market yields or portfolio returns don’t recover. AIG Beats Q1 Earnings (investment income note)
• Negative Sentiment: Revenue roughly flat to estimates — total revenue missed by a sliver ($7.02B vs. $7.03B expected), underscoring that the beat was driven by underwriting and expense items rather than top-line acceleration. AIG Earnings/Press Release

About American International Group

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.

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