Osaic Holdings Reduces $6M in American International Group, Inc. ($AIG)
Osaic Holdings cut its stake in AIG by 47.3%, selling 75,894 shares.
Key Points
- Osaic Holdings cut its stake in American International Group, Inc. (NYSE:AIG) by 47.3%, reducing its position by 75,894 shares to hold 84,701 shares valued at $6.57 million.
- AIG shares traded near $77.58 on Tuesday, with a market cap of $40.49 billion and a P/E ratio of 13.45.
- Insiders at AIG have been active, with multiple executives purchasing shares in May, while analysts maintained mixed ratings with price targets ranging from $80 to $98.
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Osaic Holdings has significantly reduced its position in American International Group, Inc. (NYSE:AIG), as disclosed in its latest Form 13F filing with the SEC. The fund cut its stake by 47.3%, selling 75,894 shares during the reporting period. Osaic now holds 84,701 shares in AIG, valued at approximately $6.57 million.
Osaic Holdings vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
What Changed in Osaic Holdings' American International Group Position
Osaic Holdings trimmed its holdings in AIG, moving from 160,595 shares to 84,701 shares, a decrease of 75,894 shares. This reduction represents a 47.3% decrease in its stake, reflecting a shift in the fund's investment strategy or portfolio rebalancing efforts.
Other Institutional Activity in American International Group
Other institutional investors have also been active in AIG. BlackRock, Inc. reduced its holdings by 2,035,975 shares, ending with 46,671,041 shares valued at about $3.51 billion, a 4.2% decrease. Vanguard Capital Management LLC opened a new position with 34,871,570 shares worth $2.62 billion. Wellington Management Group LLP increased its stake by 2,455,181 shares, resulting in a 9.5% increase to 28,370,434 shares valued at $2.13 billion. State Street Corp trimmed its holdings slightly by 208,551 shares, now holding 24,918,447 shares valued at $1.88 billion, a 0.8% decrease.
American International Group, Inc. Stock Down 2.3%
Shares of NYSE:AIG traded near $77.58 on Tuesday. American International Group has a market cap of $40.49 billion, with a P/E ratio of 13.45 and a forward P/E of 8.58. The stock has a 52-week low of $71.25 and a high of $87.29. Its 50-day moving average is $76.04, while the 200-day moving average is $77.67. The company's beta is 0.541, indicating lower volatility compared to the market.
$AIG stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
American International Group reported revenue of $26.70 billion, with a modest growth rate of 1.4%. The company achieved a net margin of 11.8% and a return on equity of 7.72%. The earnings per share stood at $5.68. The next earnings report is anticipated on August 6, 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 pays an annual dividend rate of $2.00 per share, yielding 2.7%. The dividend payout ratio is 31.69%, indicating a sustainable distribution level.
Insider Buying and Selling at American International Group, Inc.
Recent insider activity at AIG includes sales and purchases. On June 3, 2026, Kelly Lafnitzegger, EVP and Chief HR Officer, sold 549 shares at $72.55. On June 1, 2026, Thomas Stoddard purchased 2,387 shares. On May 13, 2026, insiders 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 various price targets. On May 8, 2026, Keefe, Bruyette & Woods maintained a "buy" rating with a $98.00 price target. UBS also maintained a "buy" rating with a $94.00 target on May 4, 2026. Citigroup and Barclays both maintained "hold" ratings with price targets of $88.00 and $80.00, respectively. Overall, the consensus recommendation is a "buy" with a mean target price of $87.80.
About American International Group
American International Group, Inc. is a diversified insurance company providing a range of products for commercial, institutional, and individual customers worldwide. Founded in 1919 and headquartered in New York, AIG operates through segments including North America Commercial and Global Personal. The company offers property, liability, and accident insurance, among other services. Led by CEO Jon Hancock, AIG employs around 22,100 people.
Bottom Line
Osaic Holdings' decision to cut its stake in AIG by nearly half is a notable shift, reflecting changes in its investment strategy. While AIG's recent performance shows modest growth, the company's stock remains a point of interest for analysts and investors. As always, 13F filings provide a historical snapshot, and current positions may differ.
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