Corebridge Financial (NYSE:CRBG) Stock Price Target Raised at Wells Fargo & Company

Posted by George Bondi on Oct 13th, 2026

Corebridge Financial (NYSE:CRBG – Free Report) had its price target upped by Wells Fargo & Company from $39.00 to $40.00 in a report released on Monday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Several other equities analysts have also weighed in on the stock. TD Cowen upped their price objective on shares of Corebridge Financial from $35.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Piper Sandler raised their target price on Corebridge Financial from $38.00 to $40.00 and gave the company an “overweight” rating in a research note on Monday. Barclays boosted their target price on Corebridge Financial from $33.00 to $39.00 and gave the company an “overweight” rating in a research report on Wednesday, October 7th. Weiss Ratings raised Corebridge Financial from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. Finally, Zacks Research raised Corebridge Financial from a “strong sell” rating to a “hold” rating in a research note on Monday, June 22nd. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $38.83.

Check Out Our Latest Stock Report on CRBG

Corebridge Financial Stock Performance

NYSE CRBG opened at $34.51 on Monday. The company has a market capitalization of $15.38 billion, a price-to-earnings ratio of 20.18, a PEG ratio of 0.43 and a beta of 1.07. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.14. Corebridge Financial has a twelve month low of $22.19 and a twelve month high of $35.64. The stock has a fifty day simple moving average of $33.74 and a 200 day simple moving average of $29.94.

Corebridge Financial (NYSE:CRBG – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.04. The firm had revenue of $4.30 billion during the quarter, compared to analyst estimates of $4.66 billion. Corebridge Financial had a net margin of 4.37% and a return on equity of 17.37%. During the same quarter last year, the business earned $1.36 EPS. Sell-side analysts expect that Corebridge Financial will post 4.63 EPS for the current year.

Corebridge Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Wednesday, September 16th. Corebridge Financial’s dividend payout ratio (DPR) is presently 58.48%.

Insider Buying and Selling

In other Corebridge Financial news, major shareholder Life Insurance Co Nippon acquired 606,912 shares of the business’s stock in a transaction on Wednesday, October 7th. The shares were acquired at an average price of $34.40 per share, with a total value of $20,877,772.80. Following the completion of the transaction, the insider owned 127,393,018 shares in the company, valued at approximately $4,382,319,819.20. This trade represents a 0.48% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. In the last 90 days, insiders acquired 5,232,347 shares of company stock worth $179,558,204 and sold 28,895 shares worth $983,886. Company insiders own 0.32% of the company’s stock.

Institutional Investors Weigh In On Corebridge Financial

Several large investors have recently made changes to their positions in the business. Wellington Management Group LLP purchased a new position in shares of Corebridge Financial during the 2nd quarter valued at $99,469,000. WINTON GROUP Ltd bought a new position in shares of Corebridge Financial during the 2nd quarter worth $1,729,000. Nykredit A S bought a new position in shares of Corebridge Financial during the 2nd quarter worth $1,347,000. Man Group plc bought a new position in shares of Corebridge Financial during the 2nd quarter worth $1,089,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in Corebridge Financial in the 2nd quarter worth about $2,744,000. 98.25% of the stock is owned by hedge funds and other institutional investors.

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.