Corebridge Financial (NYSE:CRBG) Given New $40.00 Price Target at Piper Sandler

Posted by George Bondi on Oct 13th, 2026

Corebridge Financial (NYSE:CRBG – Free Report) had its price objective boosted by Piper Sandler from $38.00 to $40.00 in a research note released on Monday,Benzinga reports. Piper Sandler currently has an overweight rating on the stock.

Several other research analysts also recently weighed in on the stock. Zacks Research raised shares of Corebridge Financial from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. 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 report on Tuesday, October 6th. 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. Wells Fargo & Company raised their price objective on shares of Corebridge Financial from $36.00 to $39.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Finally, Jefferies Financial Group lifted their price objective on shares of Corebridge Financial from $43.00 to $45.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Corebridge Financial has an average rating of “Moderate Buy” and an average target price of $38.83.

Get Our Latest Analysis on Corebridge Financial

Corebridge Financial Trading Up 1.2%

Shares of CRBG opened at $34.51 on Monday. The business’s 50-day moving average price is $33.74 and its 200 day moving average price is $29.94. The stock has a market capitalization of $15.38 billion, a P/E ratio of 20.18, a P/E/G ratio of 0.43 and a beta of 1.07. Corebridge Financial has a 1-year low of $22.19 and a 1-year high of $35.64. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.14.

Corebridge Financial (NYSE:CRBG – Get Free Report) last posted its quarterly earnings data 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. Corebridge Financial had a return on equity of 17.37% and a net margin of 4.37%. The firm had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.66 billion. During the same quarter in the previous year, the company earned $1.36 EPS. Analysts expect that Corebridge Financial will post 4.63 earnings per share for the current year.

Corebridge Financial Announces Dividend

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

Insider Buying and Selling

In other Corebridge Financial news, major shareholder Life Insurance Co Nippon acquired 606,912 shares of the firm’s stock in a transaction on Wednesday, October 7th. The stock was purchased at an average cost of $34.40 per share, for a total transaction of $20,877,772.80. Following the transaction, the insider owned 127,393,018 shares of the company’s stock, valued at $4,382,319,819.20. The trade was a 0.48% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders bought 5,232,347 shares of company stock worth $179,558,204 and sold 28,895 shares worth $983,886. Insiders own 0.32% of the company’s stock.

Institutional Trading of Corebridge Financial

Hedge funds have recently made changes to their positions in the stock. Pzena Investment Management LLC purchased a new position in Corebridge Financial during the second quarter valued at approximately $967,400,000. BlackRock Inc. acquired a new position in Corebridge Financial in the 2nd quarter valued at approximately $726,494,000. Dimensional Fund Advisors LP lifted its position in Corebridge Financial by 43.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,870,085 shares of the company’s stock worth $211,575,000 after buying an additional 2,689,611 shares in the last quarter. Donald Smith & CO. Inc. purchased a new stake in Corebridge Financial in the 2nd quarter worth approximately $168,134,000. Finally, Davis Asset Management L.P. purchased a new stake in Corebridge Financial in the 2nd quarter worth approximately $166,054,000. 98.25% of the stock is owned by hedge funds and other institutional investors.

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 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.