Corebridge Financial (NYSE:CRBG) Major Shareholder Purchases 805,782 Shares of Stock

October 1, 2026 by InsiderTrades.com

Key Points

Major shareholder buying continues: Life Insurance Co. Nippon purchased 805,782 Corebridge shares for approximately $27.5 million at $34.15 each, raising its stake to 125.6 million shares. The purchase follows several additional acquisitions throughout September.
Analysts remain moderately bullish: Nine analysts rate Corebridge a Buy and six rate it Hold, resulting in a “Moderate Buy” consensus and an average price target of $37.42 versus the reported share price of $33.23.
Income appeal is supported by the dividend: Corebridge pays a quarterly dividend of $0.25 per share, equivalent to $1.00 annually and an approximately 3% yield. Its latest quarter beat EPS expectations, though revenue and year-over-year EPS were lower than anticipated.

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon bought 805,782 shares of the stock in a transaction dated Monday, September 28th. The stock was acquired at an average price of $34.15 per share, with a total value of $27,517,455.30. Following the completion of the purchase, the insider owned 125,579,654 shares of the company's stock, valued at $4,288,545,184.10. This represents a 0.65% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Large 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 Friday, September 25th, Life Insurance Co Nippon purchased 178,840 shares of Corebridge Financial stock. The shares were bought at an average price of $34.52 per share, for a total transaction of $6,173,556.80.
On Thursday, September 24th, Life Insurance Co Nippon acquired 258,878 shares of Corebridge Financial stock. The shares were bought at an average cost of $33.85 per share, for a total transaction of $8,763,020.30.
On Wednesday, September 23rd, Life Insurance Co Nippon acquired 219,273 shares of Corebridge Financial stock. The shares were bought 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 stock was bought 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 bought 212,828 shares of Corebridge Financial stock. The stock was bought 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 bought at an average cost of $34.88 per share, with a total value of $4,580,895.04.
On Thursday, September 17th, Life Insurance Co Nippon purchased 174,760 shares of Corebridge Financial stock. The shares were bought at an average cost 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 shares were bought at an average cost of $35.02 per share, for a total transaction 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 cost 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 stock was bought at an average price of $34.86 per share, with a total value of $10,317,409.62.

Corebridge Financial Stock Down 1.6%

NYSE:CRBG opened at $33.23 on Thursday. The stock's fifty day moving average price is $33.29 and its two-hundred day moving average price is $29.34. Corebridge Financial, Inc. has a 52-week low of $22.19 and a 52-week high of $35.64. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.12 and a current ratio of 0.12. The company has a market cap of $14.81 billion, a price-to-earnings ratio of 19.43, a P/E/G ratio of 0.43 and a beta of 1.08.

Corebridge Financial (NYSE:CRBG - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.08 by $0.04. The company had revenue of $4.30 billion during 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 period last year, the firm earned $1.36 EPS. On average, analysts anticipate that Corebridge Financial, Inc. will post 4.62 EPS for the current year.

Corebridge Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th were issued a $0.25 dividend. The ex-dividend date was Wednesday, September 16th. This represents a $1.00 annualized dividend and a yield of 3.0%. Corebridge Financial's dividend payout ratio (DPR) is currently 58.48%.

Key Headlines Impacting Corebridge Financial

Here are the key news stories impacting Corebridge Financial this week:

Positive Sentiment: Major shareholder continues buying: Life Insurance Co. Nippon purchased 805,782 shares for approximately $27.5 million on September 28 at an average price of $34.15. The purchase follows multiple acquisitions throughout September, signaling continued confidence from a shareholder that already owns more than 125.5 million shares. SEC ownership filing
Positive Sentiment: Analyst expectations remain favorable: Nine analysts rate CRBG Buy and six rate it Hold, producing a Moderate Buy consensus and an average price target of $37.42—above the stock’s recent trading level. Several firms previously raised their targets, including TD Cowen, Jefferies, Mizuho and Piper Sandler.
Positive Sentiment: Dividend supports income appeal: Corebridge’s quarterly dividend is $0.25 per share, or $1.00 annualized, representing an approximately 3% yield based on the reported share price.
Neutral Sentiment: Third-quarter results date announced: Corebridge will release third-quarter 2026 financial results after the market closes on November 2, followed by an earnings conference call on November 3. Investors may remain cautious ahead of the report, particularly after the latest quarter’s earnings beat was accompanied by revenue below expectations and lower year-over-year EPS. Corebridge Financial schedules third-quarter results

Analysts Set New Price Targets

A number of research analysts have issued reports on CRBG shares. Piper Sandler upped their target price on shares of Corebridge Financial from $36.00 to $38.00 and gave the company an "overweight" rating in a research report on Wednesday, August 12th. UBS Group boosted their price target on shares of Corebridge Financial from $29.00 to $32.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 8th. Mizuho increased their price objective on shares of Corebridge Financial from $35.00 to $36.00 and gave the company an "outperform" rating in a report on Thursday, July 9th. Wells Fargo & Company raised their price objective 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. Finally, Weiss Ratings raised shares of Corebridge Financial from a "hold (c-)" rating to a "hold (c+)" rating in a report on Thursday, August 6th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $37.42.

View Our Latest Stock Analysis on CRBG

Hedge Funds Weigh In On Corebridge Financial

Several institutional investors have recently modified their holdings of the business. Pzena Investment Management LLC bought a new position in Corebridge Financial during the 2nd quarter worth about $967,400,000. BlackRock Inc. bought a new stake in shares of Corebridge Financial in the second quarter valued at about $726,494,000. Donald Smith & CO. Inc. acquired a new position in shares of Corebridge Financial during the second quarter worth about $168,134,000. Davis Asset Management L.P. acquired a new position in shares of Corebridge Financial during the second quarter worth about $166,054,000. Finally, Wellington Management Group LLP bought a new position in shares of Corebridge Financial during the second quarter worth about $99,469,000. Institutional investors 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 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.