American International Group sees increased institutional buying and positive analyst ratings

American International Group (AIG) has seen significant interest from major institutional investors and positive outlooks from market analysts. Recent 13F filings reveal notable buying activity from prominent figures including Cliff Asness of BAQR Capital Management, Steve Cohen of Point72 Asset Management, and Ray Dalio of Bridgewater Associates.

BAQR Capital Management made one of the largest reported additions, increasing its position by over 1.35 million shares. Other investors increasing their exposure include Jeremy Grantham of GMO and Joel Greenblatt of Gotham Asset Management.

On the analyst front, Argus has reiterated a ‘buy’ rating for AIG with a target price of $90.00. Other financial institutions have also updated their outlooks: Keefe, Bruyette & Woods issued an ‘outperform’ rating with a $96.00 target, while Goldman Sachs maintained a ‘buy’ rating with an $88.00 target. Despite some target price adjustments from Cantor Fitzgerald and HSBC, the consensus target price for the stock stands at approximately $88.37.