Norges Bank Buys Shares of 20,270,137 Corebridge Financial, Inc. $CRBG

Posted by George Bondi on Jun 1st, 2026

Norges Bank bought a new stake in Corebridge Financial, Inc. (NYSE:CRBG – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 20,270,137 shares of the company’s stock, valued at approximately $611,550,000. Norges Bank owned about 3.89% of Corebridge Financial as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CRBG. Community Bank N.A. bought a new position in Corebridge Financial in the third quarter valued at about $26,000. Salomon & Ludwin LLC grew its position in Corebridge Financial by 179.7% in the fourth quarter. Salomon & Ludwin LLC now owns 828 shares of the company’s stock valued at $26,000 after acquiring an additional 532 shares during the last quarter. Smartleaf Asset Management LLC grew its position in Corebridge Financial by 83.6% in the third quarter. Smartleaf Asset Management LLC now owns 828 shares of the company’s stock valued at $27,000 after acquiring an additional 377 shares during the last quarter. Rothschild Investment LLC grew its position in Corebridge Financial by 133.3% in the fourth quarter. Rothschild Investment LLC now owns 910 shares of the company’s stock valued at $27,000 after acquiring an additional 520 shares during the last quarter. Finally, True Wealth Design LLC grew its position in Corebridge Financial by 50.2% in the fourth quarter. True Wealth Design LLC now owns 1,233 shares of the company’s stock valued at $37,000 after acquiring an additional 412 shares during the last quarter. Institutional investors own 98.25% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on CRBG shares. UBS Group decreased their target price on Corebridge Financial from $33.00 to $29.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 28th. Mizuho lifted their price target on Corebridge Financial from $31.00 to $35.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Keefe, Bruyette & Woods lifted their price target on Corebridge Financial from $31.00 to $38.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Barclays cut their price target on Corebridge Financial from $33.00 to $30.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 8th. Finally, JPMorgan Chase & Co. cut their price target on Corebridge Financial from $37.00 to $36.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Nine investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Corebridge Financial presently has an average rating of “Moderate Buy” and an average price target of $35.17.

Check Out Our Latest Research Report on CRBG

Corebridge Financial Price Performance

Corebridge Financial stock opened at $26.97 on Monday. The stock’s 50 day moving average is $25.91 and its 200 day moving average is $28.12. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.12 and a quick ratio of 0.12. The firm has a market cap of $12.32 billion, a P/E ratio of 49.03, a P/E/G ratio of 0.29 and a beta of 1.14. Corebridge Financial, Inc. has a one year low of $22.19 and a one year high of $36.57.

Corebridge Financial (NYSE:CRBG – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.02). The company had revenue of $4.09 billion during the quarter, compared to analyst estimates of $5.06 billion. Corebridge Financial had a return on equity of 18.44% and a net margin of 1.20%.During the same period in the prior year, the firm earned $1.16 earnings per share. As a group, research analysts expect that Corebridge Financial, Inc. will post 4.89 EPS for the current year.

Corebridge Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Tuesday, June 16th. Corebridge Financial’s payout ratio is currently 181.82%.

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.