Corebridge Financial (NYSE:CRBG) Major Shareholder Life Insurance Co Nippon Buys 253,776 Shares of Company Stock

Posted by Tristan Rich on Oct 15th, 2026

Corebridge Financial, Inc. (NYSE:CRBG – Get Free Report) major shareholder Life Insurance Co Nippon acquired 253,776 shares of the company’s stock in a transaction that occurred on Tuesday, October 13th. The shares were bought at an average cost of $34.68 per share, for a total transaction of $8,800,951.68. Following the transaction, the insider owned 128,387,932 shares of the company’s stock, valued at $4,452,493,481.76. This represents a 0.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

On Monday, October 12th, Life Insurance Co Nippon bought 143,190 shares of Corebridge Financial stock. The stock was purchased at an average price of $34.49 per share, with a total value of $4,938,623.10.
On Friday, October 9th, Life Insurance Co Nippon bought 336,750 shares of Corebridge Financial stock. The stock was purchased at an average price of $34.07 per share, with a total value of $11,473,072.50.
On Thursday, October 8th, Life Insurance Co Nippon purchased 261,198 shares of Corebridge Financial stock. The shares were purchased at an average cost of $34.30 per share, with a total value of $8,959,091.40.
On Wednesday, October 7th, Life Insurance Co Nippon purchased 606,912 shares of Corebridge Financial stock. The stock was purchased at an average price of $34.40 per share, for a total transaction of $20,877,772.80.
On Tuesday, October 6th, Life Insurance Co Nippon purchased 116,345 shares of Corebridge Financial stock. The stock was purchased at an average price of $35.23 per share, for a total transaction of $4,098,834.35.
On Monday, October 5th, Life Insurance Co Nippon acquired 65,711 shares of Corebridge Financial stock. The stock was purchased at an average cost of $34.75 per share, for a total transaction of $2,283,457.25.
On Friday, October 2nd, Life Insurance Co Nippon acquired 187,155 shares of Corebridge Financial stock. The shares were purchased at an average price of $34.27 per share, with a total value of $6,413,801.85.
On Thursday, October 1st, Life Insurance Co Nippon bought 272,208 shares of Corebridge Financial stock. The shares were purchased at an average cost of $33.07 per share, with a total value of $9,001,918.56.
On Wednesday, September 30th, Life Insurance Co Nippon bought 348,215 shares of Corebridge Financial stock. The shares were purchased at an average cost of $33.65 per share, with a total value of $11,717,434.75.
On Tuesday, September 29th, Life Insurance Co Nippon bought 216,818 shares of Corebridge Financial stock. The stock was purchased at an average price of $33.67 per share, with a total value of $7,300,262.06.

Corebridge Financial Stock Up 1.4%

Shares of CRBG stock traded up $0.48 during trading hours on Thursday, reaching $34.43. 7,697,617 shares of the company’s stock were exchanged, compared to its average volume of 4,988,532. The stock’s 50 day moving average is $33.81 and its 200-day moving average is $30.08. The company has a market cap of $15.35 billion, a price-to-earnings ratio of 20.13, a P/E/G ratio of 0.49 and a beta of 1.07. 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, Inc. has a fifty-two week low of $22.19 and a fifty-two week high of $35.64.

Corebridge Financial (NYSE:CRBG – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $1.12 earnings per share for the quarter, topping 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 period in the previous year, the business earned $1.36 EPS. Analysts predict that Corebridge Financial, Inc. will post 4.62 earnings per share for the current fiscal year.

Corebridge Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were issued a dividend of $0.25 per share. The ex-dividend date was Wednesday, September 16th. This represents a $1.00 annualized dividend and a dividend yield of 2.9%. Corebridge Financial’s dividend payout ratio is 58.48%.

Wall Street Analysts Forecast Growth

CRBG has been the topic of several research analyst reports. TD Cowen boosted their target price on shares of Corebridge Financial from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Jefferies Financial Group lifted their price objective on shares of Corebridge Financial from $43.00 to $45.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Keefe, Bruyette & Woods boosted their price objective on shares of Corebridge Financial from $40.00 to $43.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. Barclays raised their target price on Corebridge Financial from $33.00 to $39.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 7th. Finally, Mizuho lifted their price target on Corebridge Financial from $38.00 to $40.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 7th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Corebridge Financial has an average rating of “Moderate Buy” and a consensus price target of $38.83.

Check Out Our Latest Report on CRBG

Hedge Funds Weigh In On Corebridge Financial

Several institutional investors and hedge funds have recently modified their holdings of the stock. State of Alaska Department of Revenue raised its position in Corebridge Financial by 5.0% during the third quarter. State of Alaska Department of Revenue now owns 24,915 shares of the company’s stock valued at $825,000 after acquiring an additional 1,196 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in Corebridge Financial by 1.8% in the third quarter. Sound Income Strategies LLC now owns 553,544 shares of the company’s stock valued at $19,070,000 after acquiring an additional 9,980 shares during the period. GAMMA Investing LLC boosted its position in Corebridge Financial by 15.8% in the 3rd quarter. GAMMA Investing LLC now owns 5,836 shares of the company’s stock worth $193,000 after purchasing an additional 796 shares in the last quarter. Farther Finance Advisors LLC boosted its position in Corebridge Financial by 11.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,583 shares of the company’s stock worth $185,000 after purchasing an additional 590 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its stake in shares of Corebridge Financial by 23.7% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 14,676 shares of the company’s stock worth $420,000 after purchasing an additional 2,814 shares during the period. 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 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.