VIRGINIA RETIREMENT SYSTEMS ET Al Sells 263,600 Shares of Corebridge Financial, Inc. $CRBG

Posted by Stanley Muller on May 14th, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al cut its stake in Corebridge Financial, Inc. (NYSE:CRBG – Free Report) by 37.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 441,900 shares of the company’s stock after selling 263,600 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Corebridge Financial were worth $13,332,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Community Bank N.A. bought a new position in shares of Corebridge Financial in the 3rd quarter worth about $26,000. Smartleaf Asset Management LLC increased its stake in shares of Corebridge Financial by 83.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 828 shares of the company’s stock worth $27,000 after acquiring an additional 377 shares in the last quarter. Salomon & Ludwin LLC increased its stake in shares of Corebridge Financial by 179.7% in the 4th quarter. Salomon & Ludwin LLC now owns 828 shares of the company’s stock worth $26,000 after acquiring an additional 532 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of Corebridge Financial in the 3rd quarter worth about $32,000. Finally, True Wealth Design LLC increased its stake in shares of Corebridge Financial by 50.2% in the 4th quarter. True Wealth Design LLC now owns 1,233 shares of the company’s stock worth $37,000 after acquiring an additional 412 shares in the last quarter. 98.25% of the stock is currently owned by institutional investors.

Corebridge Financial Stock Performance

CRBG opened at $26.44 on Thursday. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.99. Corebridge Financial, Inc. has a 12-month low of $22.19 and a 12-month high of $36.57. The company has a market cap of $12.07 billion, a price-to-earnings ratio of 48.07, a PEG ratio of 0.36 and a beta of 1.18. The company’s 50 day moving average is $25.25 and its 200 day moving average is $28.45.

Corebridge Financial (NYSE:CRBG – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.02). Corebridge Financial had a net margin of 1.20% and a return on equity of 18.44%. The firm had revenue of $4.09 billion for the quarter, compared to analysts’ expectations of $5.06 billion. During the same period in the prior year, the firm earned $1.16 EPS. On average, equities research analysts predict that Corebridge Financial, Inc. will post 4.93 EPS for the current year.

Corebridge Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $1.00 annualized dividend and a yield of 3.8%. Corebridge Financial’s payout ratio is currently 181.82%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Piper Sandler upgraded shares of Corebridge Financial to a “strong-buy” rating in a research note on Thursday, April 2nd. Morgan Stanley decreased their price target on shares of Corebridge Financial from $35.00 to $32.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 3rd. Mizuho increased their price objective on shares of Corebridge Financial from $31.00 to $35.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Barclays cut their price objective on shares of Corebridge Financial from $33.00 to $30.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. Finally, Bank of America cut their price objective on shares of Corebridge Financial from $42.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $35.92.

Check Out Our Latest Report on CRBG

About Corebridge Financial

(Free Report)

Corebridge Financial (NYSE: CRBG) is a publicly traded provider of retirement, life insurance and asset management solutions. Formed from the separation of American International Group’s life and retirement operations, Corebridge focuses on helping individuals, employers and institutions manage retirement income, protect against longevity and mortality risks, and invest long-term savings. The company operates under a unified brand that brings together insurance products and investment capabilities to deliver integrated financial solutions.

Corebridge’s product suite includes retirement income and annuity products, individual and group life insurance, asset management and investment advisory services, and employer-sponsored retirement plan offerings.