Corebridge Financial (NYSE:CRBG) Major Shareholder Purchases $11,717,434.75 in Stock

October 3, 2026 by InsiderTrades.com

Key Points

Life Insurance Co Nippon bought 348,215 Corebridge Financial shares for approximately $11.7 million, increasing its stake by 0.28% to 126.1 million shares. The purchase followed several other acquisitions in September.
Corebridge shares opened at $34.03, up 1.1%, with a market capitalization of roughly $15.17 billion. The company recently reported quarterly EPS of $1.12, exceeding analyst expectations, and pays a quarterly dividend of $0.25, yielding about 2.9% annually.
Analysts maintain a “Moderate Buy” consensus rating, with nine Buy ratings and six Holds and an average price target of $37.42. Institutional investors and hedge funds own approximately 98.25% of the stock.

Corebridge Financial, Inc. (NYSE:CRBG - Get Free Report) major shareholder Life Insurance Co Nippon acquired 348,215 shares of the business's stock in a transaction on Wednesday, September 30th. The stock was acquired at an average price of $33.65 per share, with a total value of $11,717,434.75. Following the acquisition, the insider owned 126,144,687 shares in the company, valued at $4,244,768,717.55. The trade was a 0.28% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own at least 10% 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 29th, Life Insurance Co Nippon bought 216,818 shares of Corebridge Financial stock. The shares were bought at an average price of $33.67 per share, for a total transaction of $7,300,262.06.
On Monday, September 28th, Life Insurance Co Nippon purchased 805,782 shares of Corebridge Financial stock. The stock was bought at an average price of $34.15 per share, with a total value of $27,517,455.30.
On Friday, September 25th, Life Insurance Co Nippon purchased 178,840 shares of Corebridge Financial stock. The stock was bought at an average cost of $34.52 per share, with a total value 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 price 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 bought 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 purchased 131,333 shares of Corebridge Financial stock. The shares were bought 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 purchased 174,760 shares of Corebridge Financial stock. The shares were bought 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 shares were purchased at an average cost of $35.02 per share, for a total transaction of $11,233,890.70.

Corebridge Financial Trading Up 1.1%

Shares of CRBG opened at $34.03 on Friday. Corebridge Financial, Inc. has a 12-month low of $22.19 and a 12-month high of $35.64. The firm has a market capitalization of $15.17 billion, a P/E ratio of 19.90, a P/E/G ratio of 0.43 and a beta of 1.07. The firm has a 50-day moving average price of $33.40 and a 200 day moving average price of $29.44. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.14.

Corebridge Financial (NYSE:CRBG - Get Free Report) last posted 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 net margin of 4.37% and a return on equity of 17.37%. The company had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.66 billion. During the same period in the previous year, the business posted $1.36 EPS. Sell-side analysts forecast that Corebridge Financial, Inc. will post 4.62 EPS for the current year.

Corebridge Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.9%. The ex-dividend date was Wednesday, September 16th. Corebridge Financial's dividend payout ratio is presently 58.48%.

Analyst Ratings Changes

CRBG has been the subject of a number of research analyst reports. Piper Sandler increased their price objective on shares of Corebridge Financial from $36.00 to $38.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 12th. TD Cowen lifted their price objective on Corebridge Financial from $35.00 to $38.00 and gave the company a "buy" rating in a research note on Wednesday, July 22nd. Weiss Ratings upgraded Corebridge Financial from a "hold (c-)" rating to a "hold (c+)" rating in a report on Thursday, August 6th. Mizuho increased their target price on Corebridge Financial from $35.00 to $36.00 and gave the stock an "outperform" rating in a research note on Thursday, July 9th. Finally, Barclays raised their target price on Corebridge Financial from $30.00 to $33.00 and gave the company an "overweight" rating in a report on Tuesday, July 7th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Corebridge Financial presently has a consensus rating of "Moderate Buy" and a consensus price target of $37.42.

View Our Latest Analysis on Corebridge Financial

Institutional Investors Weigh In On Corebridge Financial

A number of hedge funds have recently added to or reduced their stakes in CRBG. Pzena Investment Management LLC purchased a new position in Corebridge Financial in the 2nd quarter valued at approximately $967,400,000. BlackRock Inc. purchased a new stake in shares of Corebridge Financial during the second quarter worth $726,494,000. Dimensional Fund Advisors LP increased its position in shares of Corebridge Financial by 43.5% during the first quarter. Dimensional Fund Advisors LP now owns 8,870,085 shares of the company's stock worth $211,575,000 after acquiring an additional 2,689,611 shares during the period. Donald Smith & CO. Inc. acquired a new stake in shares of Corebridge Financial in the second quarter valued at $168,134,000. Finally, Davis Asset Management L.P. acquired a new stake in shares of Corebridge Financial in the second quarter valued at $166,054,000. 98.25% of the stock is currently owned by institutional investors and hedge funds.

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.