Corebridge Financial (NYSE:CRBG) Given New $34.00 Price Target at Barclays

Corebridge Financial (NYSE:CRBG) had its target price lowered by Barclays from $35.00 to $34.00 in a report issued on Tuesday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Several other research analysts have also issued reports on the company. JPMorgan Chase & Co. dropped their price objective on Corebridge Financial from $40.00 to $39.00 and set a “neutral” rating for the company in a research note on Monday, January 5th. Wells Fargo & Company lowered their target price on shares of Corebridge Financial from $43.00 to $37.00 and set an “overweight” rating for the company in a report on Tuesday, January 13th. Mizuho initiated coverage on Corebridge Financial in a research note on Tuesday, December 16th. They issued an “outperform” rating and a $38.00 price target for the company. Weiss Ratings downgraded Corebridge Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, January 15th. Finally, UBS Group dropped their target price on shares of Corebridge Financial from $35.00 to $33.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $37.60.

Corebridge Financial Stock Up 0.6%

Shares of CRBG opened at $31.38 on Tuesday. The company has a 50-day simple moving average of $30.63 and a 200-day simple moving average of $31.73. The firm has a market capitalization of $16.33 billion, a P/E ratio of -59.21, a P/E/G ratio of 0.44 and a beta of 1.04. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.13 and a current ratio of 0.13. Corebridge Financial has a 52 week low of $23.69 and a 52 week high of $36.57.

Corebridge Financial (NYSE:CRBG) last released its earnings results on Monday, February 9th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.11. Corebridge Financial had a positive return on equity of 18.93% and a negative net margin of 1.73%.The business had revenue of $6.34 billion for the quarter, compared to the consensus estimate of $5.02 billion. During the same period last year, the business earned $1.06 earnings per share. On average, equities research analysts expect that Corebridge Financial will post 5.43 earnings per share for the current year.

Corebridge Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a dividend of $0.25 per share. This is a positive change from Corebridge Financial’s previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, March 17th. Corebridge Financial’s dividend payout ratio (DPR) is currently 57.14%.

Hedge Funds Weigh In On Corebridge Financial

Several hedge funds and other institutional investors have recently made changes to their positions in CRBG. Bank of Nova Scotia increased its stake in Corebridge Financial by 3.8% in the second quarter. Bank of Nova Scotia now owns 9,328 shares of the company’s stock valued at $331,000 after acquiring an additional 340 shares during the last quarter. Severin Investments LLC boosted its holdings in shares of Corebridge Financial by 1.4% in the 3rd quarter. Severin Investments LLC now owns 24,778 shares of the company’s stock valued at $794,000 after purchasing an additional 350 shares in the last quarter. Assetmark Inc. increased its stake in shares of Corebridge Financial by 60.9% in the 2nd quarter. Assetmark Inc. now owns 941 shares of the company’s stock valued at $33,000 after purchasing an additional 356 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Corebridge Financial by 83.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 828 shares of the company’s stock worth $27,000 after buying an additional 377 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in shares of Corebridge Financial by 2.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 15,424 shares of the company’s stock worth $494,000 after buying an additional 383 shares during the last quarter. 98.25% of the stock is currently owned by institutional investors and hedge funds.

Corebridge Financial News Summary

Here are the key news stories impacting Corebridge Financial this week:

• Positive Sentiment: Q4 beat and record sales — Corebridge reported Q4 EPS of $1.22 (above the $1.11 consensus) and revenue of $6.34B, and management highlighted a record $42B of product sales for 2025, driving the immediate market reaction. Earnings Press Release
• Positive Sentiment: Recurring income outlook and strategic investments — Management guided to a $2.55B individual retirement base spread income outlook for 2026 and said it is accelerating digital investments to drive distribution and product innovation, supporting medium‑term growth. IRB Outlook & Investments
• Positive Sentiment: Dividend raise — The company declared a quarterly dividend of $0.25 (a ~4.2% increase vs. prior quarter) implying a ~3.2% yield, which supports income investor demand and signals confidence in cash flow.
• Neutral Sentiment: Analyst positioning — Barclays trimmed its price target from $35 to $34 but kept an Overweight rating, leaving upside still intact but signaling caution about near‑term valuation. Barclays Note
• Negative Sentiment: Mixed margin/metric commentary — Some post‑earnings writeups flag mixed profitability and key ratios to watch (net margin/ROE and liquidity metrics), which could cap multiple expansion if margins don’t sustain. Investors should review the full earnings slides and call transcript for detail. Key Metrics Analysis

Corebridge Financial Company Profile

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.