Life Insurance Co Nippon Buys 174,760 Shares of Corebridge Financial (NYSE:CRBG) Stock

21 Sep 2026, 17:09 by Scott Moore · The Cerbat Gem

Corebridge Financial, Inc. (NYSE:CRBG – Get Free Report) major shareholder Life Insurance Co Nippon bought 174,760 shares of the company’s stock in a transaction on Thursday, September 17th. The shares were purchased at an average cost of $35.20 per share, for a total transaction of $6,151,552.00. Following the transaction, the insider owned 123,475,852 shares in the company, valued at approximately $4,346,349,990.40. This represents a 0.14% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 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 Wednesday, September 16th, Life Insurance Co Nippon acquired 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.
On Tuesday, September 15th, Life Insurance Co Nippon purchased 210,903 shares of Corebridge Financial stock. The shares were purchased at an average price of $35.02 per share, for a total transaction of $7,385,823.06.
On Monday, September 14th, Life Insurance Co Nippon bought 295,967 shares of Corebridge Financial stock. The stock was purchased 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 stock was acquired at an average cost of $34.01 per share, with a total value of $5,995,963.00.
On Wednesday, September 9th, Life Insurance Co Nippon purchased 136,466 shares of Corebridge Financial stock. The stock was bought at an average price of $33.78 per share, for a total transaction of $4,609,821.48.

Corebridge Financial Stock Performance

NYSE CRBG traded up $0.07 during mid-day trading on Monday, reaching $34.88. 3,743,446 shares of the stock were exchanged, compared to its average volume of 4,973,344. The business’s 50 day moving average is $32.88 and its 200-day moving average is $28.82. 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 capitalization of $15.55 billion, a P/E ratio of 20.40, a P/E/G ratio of 0.45 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.

Corebridge Financial (NYSE:CRBG – Get Free Report) last announced its quarterly earnings data 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 return on equity of 17.37% and a net margin of 4.37%.The business had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.66 billion. During the same period last year, the firm earned $1.36 earnings per share. On average, equities research analysts forecast that Corebridge Financial, Inc. will post 4.59 EPS for the current fiscal year.

Corebridge Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $1.00 annualized dividend and a dividend yield of 2.9%. Corebridge Financial’s dividend payout ratio is presently 58.48%.

Analysts Set New Price Targets

CRBG has been the topic of a number of recent analyst reports. TD Cowen boosted their price objective on Corebridge Financial from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Zacks Research raised shares of Corebridge Financial from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Weiss Ratings raised shares of Corebridge Financial from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. Keefe, Bruyette & Woods lifted their target price on shares of Corebridge Financial from $40.00 to $43.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Finally, Barclays upped their price target on shares of Corebridge Financial from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Tuesday, July 7th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $37.42.

Get Our Latest Research Report on CRBG

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CRBG. Pzena Investment Management LLC purchased a new position in Corebridge Financial during the second quarter worth $967,400,000. BlackRock Inc. acquired a new position in Corebridge Financial during the second quarter valued at approximately $726,494,000. Norges Bank bought a new position in Corebridge Financial in the fourth quarter worth $611,550,000. Dimensional Fund Advisors LP boosted its stake in Corebridge Financial by 43.5% in the first quarter. Dimensional Fund Advisors LP now owns 8,870,085 shares of the company’s stock worth $211,575,000 after purchasing an additional 2,689,611 shares in the last quarter. Finally, Donald Smith & CO. Inc. acquired a new position in shares of Corebridge Financial during the 2nd quarter worth about $168,134,000. 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, financial professionals and institutional clients through a range of businesses focused on helping customers build, preserve and receive income from their assets.

Its products and services include individual and group annuities, retirement plan solutions, life insurance and institutional insurance offerings. Corebridge also provides investment, recordkeeping and related administrative services for workplace retirement plans, as well as solutions designed to support financial institutions and other institutional customers.