Corebridge Financial (NYSE:CRBG) Major Shareholder Life Insurance Co Nippon Purchases 178,840 Shares of Stock

September 30, 2026 by InsiderTrades.com

Key Points

Life Insurance Co Nippon purchased 178,840 Corebridge Financial shares at an average price of $34.52, investing approximately $6.17 million. The transaction increased its stake by 0.14% to 124.8 million shares, worth about $4.31 billion.
The purchase was part of a broader buying streak in September, during which Nippon acquired more than 2.5 million Corebridge shares across multiple transactions.
Corebridge reported quarterly EPS of $1.12, exceeding estimates, and maintains a quarterly dividend of $0.25 per share, representing a 3.0% yield. Analysts’ average rating is “Moderate Buy,” with an average price target of $37.42.

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon bought 178,840 shares of the stock in a transaction dated Friday, September 25th. The shares were purchased at an average price of $34.52 per share, with a total value of $6,173,556.80. Following the completion of the transaction, the insider directly owned 124,773,872 shares in the company, valued at approximately $4,307,194,061.44. The trade was a 0.14% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.

Jackson’s Record Quarter Powers the Bull Case

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

On Thursday, September 24th, Life Insurance Co Nippon purchased 258,878 shares of Corebridge Financial stock. The stock was acquired at an average price of $33.85 per share, for a total transaction of $8,763,020.30.
On Wednesday, September 23rd, Life Insurance Co Nippon purchased 219,273 shares of Corebridge Financial stock. The shares were acquired at an average cost of $34.13 per share, for a total transaction of $7,483,787.49.
On Tuesday, September 22nd, Life Insurance Co Nippon acquired 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 acquired 212,828 shares of Corebridge Financial stock. The stock was acquired at an average cost of $35.08 per share, with a total value of $7,466,006.24.
On Friday, September 18th, Life Insurance Co Nippon bought 131,333 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.88 per share, for a total transaction of $4,580,895.04.
On Thursday, September 17th, Life Insurance Co Nippon bought 174,760 shares of Corebridge Financial stock. The shares were acquired at an average price of $35.20 per share, for a total transaction of $6,151,552.00.
On Wednesday, September 16th, Life Insurance Co Nippon purchased 320,785 shares of Corebridge Financial stock. The stock was acquired at an average cost of $35.02 per share, with a total value of $11,233,890.70.
On Tuesday, September 15th, Life Insurance Co Nippon purchased 210,903 shares of Corebridge Financial stock. The stock was bought at an average price of $35.02 per share, with a total value of $7,385,823.06.
On Monday, September 14th, Life Insurance Co Nippon acquired 295,967 shares of Corebridge Financial stock. The shares were bought at an average cost of $34.86 per share, for a total transaction of $10,317,409.62.
On Thursday, September 10th, Life Insurance Co Nippon acquired 176,300 shares of Corebridge Financial stock. The shares were bought at an average price of $34.01 per share, for a total transaction of $5,995,963.00.

Corebridge Financial Price Performance

NYSE:CRBG opened at $33.74 on Wednesday. The firm has a market capitalization of $15.04 billion, a price-to-earnings ratio of 19.73, a PEG ratio of 0.43 and a beta of 1.08. Corebridge Financial, Inc. has a 1 year low of $22.19 and a 1 year high of $35.64. The business has a 50 day simple moving average of $33.26 and a 200-day simple moving average of $29.26. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.12 and a quick ratio of 0.12.

Corebridge Financial (NYSE:CRBG - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.04. Corebridge Financial had a return on equity of 17.37% and a net margin of 4.37%.The firm had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.66 billion. During the same quarter in the previous year, the company posted $1.36 EPS. Equities analysts forecast that Corebridge Financial, Inc. will post 4.62 EPS for the current year.

Corebridge Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, September 16th. Corebridge Financial's payout ratio is presently 58.48%.

Analysts Set New Price Targets

Several research firms have recently issued reports on CRBG. TD Cowen raised their target price on shares of Corebridge Financial from $35.00 to $38.00 and gave the stock a "buy" rating in a report on Wednesday, July 22nd. Jefferies Financial Group upped their price target on shares of Corebridge Financial from $43.00 to $45.00 and gave the company a "buy" rating in a report on Friday, July 10th. Mizuho increased their price objective on shares of Corebridge Financial from $35.00 to $36.00 and gave the stock an "outperform" rating in a research report on Thursday, July 9th. Piper Sandler raised their price objective on shares of Corebridge Financial from $36.00 to $38.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 12th. Finally, Zacks Research upgraded Corebridge Financial from a "strong sell" rating to a "hold" rating in a research report on Monday, June 22nd. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $37.42.

Read Our Latest Research Report on Corebridge Financial

Institutional Trading of Corebridge Financial

Institutional investors and hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP purchased a new stake in shares of Corebridge Financial during the second quarter valued at $99,469,000. WINTON GROUP Ltd purchased a new position in Corebridge Financial in the 2nd quarter worth about $1,729,000. Bank of America Corp DE purchased a new position in Corebridge Financial in the 2nd quarter worth about $56,787,000. Public Employees Retirement System of Ohio bought a new stake in Corebridge Financial during the 2nd quarter valued at about $2,744,000. Finally, Nykredit A S purchased a new stake in Corebridge Financial in the 2nd quarter valued at about $1,347,000. 98.25% of the stock is currently owned by institutional investors.

Corebridge Financial Company Profile

(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 and institutional clients through businesses focused on retirement services, life insurance and institutional markets.

Its offerings include fixed, variable and registered index-linked annuities; individual life insurance; employer-sponsored retirement plans; and investment, funding and risk-management solutions for institutions.