Corebridge Financial (NYSE:CRBG) Major Shareholder Life Insurance Co Nippon Purchases 178,129 Shares of Stock

Posted by Geri Gentry on Oct 29th, 2026

Corebridge Financial, Inc. (NYSE:CRBG – Get Free Report) major shareholder Life Insurance Co Nippon bought 178,129 shares of the business’s stock in a transaction that occurred on Tuesday, October 27th. The shares were purchased at an average price of $35.14 per share, for a total transaction of $6,259,453.06. Following the completion of the purchase, the insider directly owned 131,623,670 shares of the company’s stock, valued at approximately $4,625,255,763.80. This trade represents a 0.14% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Life Insurance Co Nippon also recently made the following trade(s):

On Monday, October 26th, Life Insurance Co Nippon purchased 182,826 shares of Corebridge Financial stock. The shares were bought at an average price of $34.95 per share, with a total value of $6,389,768.70.
On Friday, October 23rd, Life Insurance Co Nippon bought 595,609 shares of Corebridge Financial stock. The shares were acquired at an average price of $33.97 per share, with a total value of $20,232,837.73.
On Thursday, October 22nd, Life Insurance Co Nippon bought 246,440 shares of Corebridge Financial stock. The stock was purchased at an average price of $35.15 per share, for a total transaction of $8,662,366.00.
On Wednesday, October 21st, Life Insurance Co Nippon acquired 217,182 shares of Corebridge Financial stock. The shares were acquired at an average price of $35.38 per share, for a total transaction of $7,683,899.16.
On Tuesday, October 20th, Life Insurance Co Nippon acquired 193,357 shares of Corebridge Financial stock. The stock was bought at an average cost of $35.01 per share, with a total value of $6,769,428.57.
On Monday, October 19th, Life Insurance Co Nippon bought 162,024 shares of Corebridge Financial stock. The stock was acquired at an average cost of $34.51 per share, with a total value of $5,591,448.24.
On Friday, October 16th, Life Insurance Co Nippon bought 347,195 shares of Corebridge Financial stock. The shares were bought at an average cost of $34.71 per share, with a total value of $12,051,138.45.
On Thursday, October 15th, Life Insurance Co Nippon purchased 510,873 shares of Corebridge Financial stock. The stock was acquired at an average cost of $33.43 per share, with a total value of $17,078,484.39.
On Wednesday, October 14th, Life Insurance Co Nippon purchased 602,103 shares of Corebridge Financial stock. The shares were bought at an average price of $34.03 per share, for a total transaction of $20,489,565.09.
On Tuesday, October 13th, Life Insurance Co Nippon acquired 253,776 shares of Corebridge Financial stock. The stock was acquired at an average cost of $34.68 per share, for a total transaction of $8,800,951.68.

Corebridge Financial Stock Down 0.0%

NYSE CRBG traded down $0.01 during trading on Thursday, hitting $35.30. The stock had a trading volume of 4,947,454 shares, compared to its average volume of 4,983,539. 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’s 50-day moving average price is $34.01 and its two-hundred day moving average price is $29.80. The company has a market capitalization of $15.74 billion, a PE ratio of 20.65, a P/E/G ratio of 0.49 and a beta of 1.07. Corebridge Financial, Inc. has a 12 month low of $22.19 and a 12 month high of $36.00.

Corebridge Financial (NYSE:CRBG – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.04. Corebridge Financial had a return on equity of 17.37% and a net margin of 4.37%. The company had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.66 billion. During the same quarter last year, the company earned $1.36 earnings per share. As a group, sell-side analysts forecast that Corebridge Financial, Inc. will post 4.59 EPS for the current year.

Corebridge Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $1.00 annualized dividend and a dividend yield of 2.8%. Corebridge Financial’s payout ratio is presently 58.48%.

Institutional Investors Weigh In On Corebridge Financial

Large investors have recently bought and sold shares of the stock. ProShare Advisors LLC boosted its holdings in shares of Corebridge Financial by 4.7% in the 3rd quarter. ProShare Advisors LLC now owns 9,994 shares of the company’s stock valued at $331,000 after purchasing an additional 445 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Corebridge Financial by 11.8% during the third quarter. Farther Finance Advisors LLC now owns 5,583 shares of the company’s stock valued at $185,000 after purchasing an additional 590 shares during the last quarter. Allworth Financial LP raised its position in shares of Corebridge Financial by 100.6% during the 2nd quarter. Allworth Financial LP now owns 1,444 shares of the company’s stock worth $41,000 after purchasing an additional 724 shares during the period. GAMMA Investing LLC boosted its stake in Corebridge Financial by 15.8% during the 3rd quarter. GAMMA Investing LLC now owns 5,836 shares of the company’s stock valued at $193,000 after purchasing an additional 796 shares during the period. Finally, State of Wyoming raised its stake in Corebridge Financial by 16.1% during the 1st quarter. State of Wyoming now owns 5,919 shares of the company’s stock valued at $141,000 after acquiring an additional 823 shares in the last quarter. Institutional investors and hedge funds own 98.25% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Keefe, Bruyette & Woods upped their price target on shares of Corebridge Financial from $40.00 to $43.00 and gave the company an “outperform” rating in a research report on Tuesday, August 11th. UBS Group upped their price target on shares of Corebridge Financial from $32.00 to $36.00 and gave the company a “neutral” rating in a research note on Tuesday, October 6th. Jefferies Financial Group boosted their price target on Corebridge Financial from $43.00 to $45.00 and gave the company a “buy” rating in a report on Friday, July 10th. TD Cowen boosted their price objective on shares of Corebridge Financial from $38.00 to $40.00 and gave the company a “buy” rating in a report on Wednesday, October 21st. Finally, Weiss Ratings raised shares of Corebridge Financial from a “hold (c-)” rating to a “hold (c+)” rating in a report on Thursday, August 6th. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $39.00.

View Our Latest Report on CRBG

Corebridge Financial Company Profile

(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 institutions through offerings designed to support retirement savings, income planning and financial protection.

Its products and services include individual and group retirement plans, annuities, life insurance and institutional retirement solutions. Corebridge also provides investment and administrative services associated with retirement plans, helping employers and employees manage long-term savings and retirement income needs.

Corebridge was established through the separation of American International Group’s (AIG) Life and Retirement business and began operating as an independent publicly traded company in 2022.