Corebridge Financial (NYSE:CRBG) Major Shareholder Life Insurance Co Nippon Buys 336,750 Shares of Company Stock

Posted by Linda Flegge on Oct 15th, 2026

Corebridge Financial, Inc. (NYSE:CRBG – Get Free Report) major shareholder Life Insurance Co Nippon bought 336,750 shares of the stock in a transaction dated Friday, October 9th. The shares were acquired at an average price of $34.07 per share, with a total value of $11,473,072.50. Following the completion of the purchase, the insider directly owned 127,990,966 shares of the company’s stock, valued at approximately $4,360,652,211.62. This represents a 0.26% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large 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 shares were acquired at an average cost of $34.49 per share, for a total transaction of $4,938,623.10.
On Thursday, October 8th, Life Insurance Co Nippon purchased 261,198 shares of Corebridge Financial stock. The stock was acquired at an average price of $34.30 per share, for a total transaction of $8,959,091.40.
On Wednesday, October 7th, Life Insurance Co Nippon purchased 606,912 shares of Corebridge Financial stock. The stock was acquired at an average cost of $34.40 per share, with a total value of $20,877,772.80.
On Tuesday, October 6th, Life Insurance Co Nippon acquired 116,345 shares of Corebridge Financial stock. The shares were acquired at an average price of $35.23 per share, with a total value of $4,098,834.35.
On Monday, October 5th, Life Insurance Co Nippon acquired 65,711 shares of Corebridge Financial stock. The shares were acquired at an average price of $34.75 per share, with a total value of $2,283,457.25.
On Friday, October 2nd, Life Insurance Co Nippon acquired 187,155 shares of Corebridge Financial stock. The shares were acquired at an average price of $34.27 per share, for a total transaction of $6,413,801.85.
On Thursday, October 1st, Life Insurance Co Nippon bought 272,208 shares of Corebridge Financial stock. The stock was acquired at an average cost of $33.07 per share, for a total transaction of $9,001,918.56.
On Wednesday, September 30th, Life Insurance Co Nippon bought 348,215 shares of Corebridge Financial stock. The stock was acquired at an average cost of $33.65 per share, for a total transaction of $11,717,434.75.
On Tuesday, September 29th, Life Insurance Co Nippon bought 216,818 shares of Corebridge Financial stock. The shares were acquired at an average price of $33.67 per share, with a total value of $7,300,262.06.
On Monday, September 28th, Life Insurance Co Nippon bought 805,782 shares of Corebridge Financial stock. The shares were acquired at an average price of $34.15 per share, with a total value of $27,517,455.30.

Corebridge Financial Stock Down 1.2%

CRBG stock opened at $33.98 on Thursday. Corebridge Financial, Inc. has a twelve month low of $22.19 and a twelve month high of $35.64. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $15.15 billion, a P/E ratio of 7.91, a PEG ratio of 0.49 and a beta of 1.07. The firm has a 50 day simple moving average of $33.81 and a 200-day simple moving average of $30.08.

Corebridge Financial (NYSE:CRBG – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $1.12 earnings per share (EPS) 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 firm had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.66 billion. During the same period in the prior year, the company posted $1.36 earnings per share. On average, equities research 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 announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were given a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $1.00 annualized dividend and a dividend yield of 2.9%. Corebridge Financial’s payout ratio is presently 58.48%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Wellington Management Group LLP acquired a new position in Corebridge Financial during the 2nd quarter valued at approximately $99,469,000. WINTON GROUP Ltd bought a new stake in Corebridge Financial in the second quarter valued at $1,729,000. Nykredit A S bought a new stake in Corebridge Financial in the second quarter valued at $1,347,000. Man Group plc bought a new stake in Corebridge Financial in the second quarter valued at $1,089,000. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Corebridge Financial during the second quarter valued at $2,744,000. 98.25% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CRBG. Piper Sandler upped their target price on shares of Corebridge Financial from $38.00 to $40.00 and gave the company an “overweight” rating in a research note on Monday. UBS Group lifted their price target on Corebridge Financial from $32.00 to $36.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 6th. Keefe, Bruyette & Woods boosted their price objective on Corebridge Financial from $40.00 to $43.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. Jefferies Financial Group boosted their price objective on Corebridge Financial from $43.00 to $45.00 and gave the company a “buy” rating in a report on Friday, July 10th. Finally, TD Cowen upped 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. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.83.

Read Our Latest Report on CRBG

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.