Corebridge Financial (CRBG) 10% Owner Co Buys $7.7M of Stock

Major shareholder Nippon Life Insurance Co bought 217,182 shares of Corebridge Financial, Inc. (CRBG) on October 21, 2026. The stock was acquired at an average price of $35.38 per share, for a total value of about $7.68 million. The transaction was disclosed in a Form 4 filing with the SEC. Following this purchase, the 10% owner holds 130,420,666 shares of the company.

CRBG Corebridge Financial, Inc.

$33.92 ▲ +14.67% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Inside Nippon Life Insurance Co's Corebridge Trade

The planned transaction took place on October 21, 2026, under a pre-arranged trading plan. The shares were bought at $35.38 each. Corebridge closed at $35.30 on the day of the trade. This latest addition follows several other recent purchases by the major shareholder through mid-October.

Other Institutional Activity in Corebridge Financial

Other large funds have also adjusted their positions in the company recently. Pzena Investment Management LLC grew its holdings by 6,744,964 shares, ending with 33,789,727 shares worth about $1.15 billion. Hotchkis & Wiley Capital Management, LLC grew its holdings by 2,564,258 shares, ending with 11,644,490 shares worth about $397.43 million. Harris Associates L.P. grew its holdings by 167,265 shares, ending with 25,132,155 shares worth about $857.76 million, a 0.7% increase.

Corebridge Financial, Inc. Stock Down 3.3%

Corebridge Financial recently traded around $35.59 as of October 23, 2026, which is up about 0.8% since the transaction date. The shares are trading near the 52-week high of $35.64. The stock has a market cap of $15.87 billion and a beta of 1.00.

Recent Earnings

The company reported trailing twelve-month revenue of $19.52 billion and earnings of $1.59 per share. The next earnings release is scheduled for November 2, 2026.

Dividend

The company pays an annual dividend rate of $1.00 per share, which gives it a dividend yield of 2.81%.

Insider Buying and Selling at Corebridge Financial, Inc.

Earlier in October, Nippon Life Insurance Co made several other planned purchases. On October 15, the firm bought 510,873 shares at an average price of $33.43 for about $17.08 million. On October 16, it picked up 347,195 shares at $34.71 for about $12.05 million. On October 19, the owner added 162,024 shares at $34.51 for about $5.59 million. On October 20, it purchased 193,357 shares at $35.01 for about $6.77 million.

Analysts Set New Price Targets

Several firms updated their views on CRBG in October. On October 7, Mizuho maintained its Outperform rating and raised its price target from $38.00 to $40.00. On October 7, Barclays maintained its Overweight rating and raised its price target from $33.00 to $39.00. On October 12, Wells Fargo maintained its Overweight rating and lifted its target from $39.00 to $40.00. On October 12, Piper Sandler maintained its Overweight rating and lifted its target from $38.00 to $40.00. Later, on October 21, 2026, TD Cowen maintained its Buy rating and raised its target from $38.00 to $40.00. Overall, the stock carries a consensus Buy rating from 12 analysts with a mean price target of $40.42.

About Corebridge Financial

Corebridge Financial provides retirement solutions and insurance products in the United States. The firm operates through multiple segments offering fixed annuities, life insurance, and institutional products to help clients plan for financial security.

Bottom Line

Nippon Life Insurance Co continues to build its significant stake in Corebridge Financial through pre-arranged market purchases. Investors will look toward the upcoming earnings report on November 2, 2026, for further updates on financial performance.