Skandinaviska Enskilda Banken AB publ Sells 281,883 Shares of Corebridge Financial, Inc. $CRBG

NodeGuardian · 2026-02-28T23:56:35+00:00

Skandinaviska Enskilda Banken AB has reduced its stake in Corebridge Financial by 83.1%, retaining fewer shares despite the company's strong earnings and increased dividend. Analysts have lowered price targets, resulting in a mixed sentiment among institutional investors.

NodeGuardian

2026-02-28 23:56:35

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Skandinaviska Enskilda Banken AB publ has significantly reduced its stake in Corebridge Financial, Inc. (NYSE:CRBG) by 83.1%, selling 281,883 shares and retaining 57,294 shares valued at $1.836 million during the third quarter. Despite Corebridge beating quarterly earnings and revenue estimates and increasing its dividend, analysts have recently lowered price targets and ratings, leading to an average “Hold” rating and a $37.60 price target. Other institutional investors showed mixed sentiment, with some increasing and others decreasing their positions in the company.

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