Corebridge Financial (NYSE:CRBG) Stock: Insider Life Insurance Co Nippon Acquires 219,273 Shares

September 26, 2026 by InsiderTrades.com

Key Points

Life Insurance Co Nippon bought 219,273 Corebridge Financial shares at an average price of $34.13, increasing its stake to 124.3 million shares valued at approximately $4.24 billion. The purchase extends a series of recent acquisitions by the major shareholder.
Corebridge shares opened at $34.86 and are up 2.3%, near their 12-month high of $35.64. The company exceeded quarterly EPS expectations, reporting $1.12 versus the $1.08 consensus, and announced a quarterly dividend of $0.25.
Analysts maintain a “Moderate Buy” consensus, with an average price target of $37.42; nine analysts rate the stock a Buy and six rate it a Hold. Institutional investors own 98.25% of Corebridge’s outstanding shares.

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon bought 219,273 shares of the business's stock in a transaction that occurred on Wednesday, September 23rd. The shares were acquired at an average cost of $34.13 per share, with a total value of $7,483,787.49. Following the completion of the purchase, the insider owned 124,336,154 shares of the company's stock, valued at approximately $4,243,592,936.02. The trade was a 0.18% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.

Jackson’s Record Quarter Powers the Bull Case

Life Insurance Co Nippon also recently made the following trade(s):

On Tuesday, September 22nd, Life Insurance Co Nippon bought 296,868 shares of Corebridge Financial stock. The shares were acquired at an average price of $34.31 per share, with a total value of $10,185,541.08.
On Monday, September 21st, Life Insurance Co Nippon purchased 212,828 shares of Corebridge Financial stock. The stock was acquired at an average price of $35.08 per share, for a total transaction of $7,466,006.24.
On Friday, September 18th, Life Insurance Co Nippon purchased 131,333 shares of Corebridge Financial stock. The stock was bought at an average cost of $34.88 per share, for a total transaction of $4,580,895.04.
On Thursday, September 17th, Life Insurance Co Nippon acquired 174,760 shares of Corebridge Financial stock. The shares were bought at an average price of $35.20 per share, with a total value of $6,151,552.00.
On Wednesday, September 16th, Life Insurance Co Nippon acquired 320,785 shares of Corebridge Financial stock. The shares were bought at an average price of $35.02 per share, with a total value of $11,233,890.70.
On Tuesday, September 15th, Life Insurance Co Nippon acquired 210,903 shares of Corebridge Financial stock. The shares were bought at an average cost of $35.02 per share, with a total value of $7,385,823.06.
On Monday, September 14th, Life Insurance Co Nippon bought 295,967 shares of Corebridge Financial stock. The stock was bought at an average price of $34.86 per share, for a total transaction of $10,317,409.62.
On Thursday, September 10th, Life Insurance Co Nippon bought 176,300 shares of Corebridge Financial stock. The shares were bought at an average cost of $34.01 per share, for a total transaction of $5,995,963.00.
On Wednesday, September 9th, Life Insurance Co Nippon bought 136,466 shares of Corebridge Financial stock. The shares were bought at an average cost of $33.78 per share, for a total transaction of $4,609,821.48.

Corebridge Financial Trading Up 2.3%

Shares of NYSE CRBG opened at $34.86 on Friday. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.14. Corebridge Financial, Inc. has a 12 month low of $22.19 and a 12 month high of $35.64. The company has a market cap of $15.54 billion, a price-to-earnings ratio of 20.39, a P/E/G ratio of 0.44 and a beta of 1.08. The business has a fifty day simple moving average of $33.16 and a 200-day simple moving average of $29.10.

Corebridge Financial (NYSE:CRBG - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.12 earnings per share for the quarter, topping analysts' consensus estimates of $1.08 by $0.04. The firm had revenue of $4.30 billion for the quarter, compared to analysts' expectations of $4.66 billion. Corebridge Financial had a return on equity of 17.37% and a net margin of 4.37%.During the same quarter last year, the business posted $1.36 EPS. Sell-side analysts predict that Corebridge Financial, Inc. will post 4.59 EPS for the current year.

Corebridge Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Wednesday, September 16th. Corebridge Financial's dividend payout ratio (DPR) is presently 58.48%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Piper Sandler boosted their price target on shares of Corebridge Financial from $36.00 to $38.00 and gave the company an "overweight" rating in a report on Wednesday, August 12th. Keefe, Bruyette & Woods lifted their price objective on shares of Corebridge Financial from $40.00 to $43.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 11th. Wells Fargo & Company boosted their target price on shares of Corebridge Financial from $36.00 to $39.00 and gave the company an "overweight" rating in a research note on Wednesday, August 19th. Weiss Ratings raised Corebridge Financial from a "hold (c-)" rating to a "hold (c+)" rating in a research report on Thursday, August 6th. Finally, Zacks Research raised Corebridge Financial from a "strong sell" rating to a "hold" rating in a research report on Monday, June 22nd. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Corebridge Financial has a consensus rating of "Moderate Buy" and an average price target of $37.42.

View Our Latest Research Report on Corebridge Financial

Institutional Investors Weigh In On Corebridge Financial

A number of institutional investors have recently modified their holdings of the stock. Pzena Investment Management LLC acquired a new stake in shares of Corebridge Financial during the 2nd quarter valued at $967,400,000. BlackRock Inc. purchased a new stake in shares of Corebridge Financial during the second quarter worth $726,494,000. Norges Bank purchased a new stake in shares of Corebridge Financial during the fourth quarter worth $611,550,000. Donald Smith & CO. Inc. purchased a new stake in shares of Corebridge Financial during the second quarter worth $168,134,000. Finally, Davis Asset Management L.P. acquired a new stake in Corebridge Financial during the second quarter valued at $166,054,000. Institutional investors and hedge funds own 98.25% of the company's stock.

About Corebridge Financial

(Get Free Report)

Corebridge Financial, Inc (NYSE: CRBG) is a provider of retirement solutions and insurance products in the United States. The company serves individuals, employers, financial professionals and institutional clients through a range of businesses focused on helping customers build, preserve and receive income from their assets.

Its products and services include individual and group annuities, retirement plan solutions, life insurance and institutional insurance offerings. Corebridge also provides investment, recordkeeping and related administrative services for workplace retirement plans, as well as solutions designed to support financial institutions and other institutional customers.

Corebridge was established through the separation of American International Group's life and retirement business and began operating as an independent publicly traded company in 2022.