Chubb (NYSE:CB – Free Report) had its price target decreased by Bank of America from $286.00 to $271.00 in a research report report published on Tuesday,Benzinga reports. Bank of America currently has an underperform rating on the financial services provider’s stock.
CB has been the topic of a number of other research reports. UBS Group restated a “neutral” rating and set a $340.00 target price on shares of Chubb in a research note on Monday, February 9th. Wolfe Research raised their target price on shares of Chubb from $372.00 to $373.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. BMO Capital Markets lifted their target price on Chubb from $283.00 to $326.00 and gave the company a “market perform” rating in a research note on Tuesday, February 10th. Morgan Stanley set a $350.00 target price on Chubb in a research note on Friday, January 16th. Finally, The Goldman Sachs Group lifted their target price on Chubb from $368.00 to $372.00 and gave the company a “buy” rating in a research note on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Chubb has a consensus rating of “Hold” and a consensus price target of $345.86.
Read Our Latest Report on Chubb
Chubb Price Performance
Chubb (NYSE:CB – Get Free Report) last released its earnings results on Tuesday, February 3rd. The financial services provider reported $7.52 EPS for the quarter, topping analysts’ consensus estimates of $6.33 by $1.19. Chubb had a net margin of 17.36% and a return on equity of 13.15%. The company had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $11.11 billion. During the same quarter last year, the business earned $6.02 EPS. The firm’s revenue was up 8.9% compared to the same quarter last year. As a group, research analysts anticipate that Chubb will post 21.52 earnings per share for the current year.
Chubb Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Friday, March 13th were paid a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Friday, March 13th. Chubb’s dividend payout ratio (DPR) is 15.08%.
Insider Activity at Chubb
In related news, CEO Evan G. Greenberg sold 15,060 shares of Chubb stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $331.47, for a total transaction of $4,991,938.20. Following the sale, the chief executive officer owned 511,576 shares of the company’s stock, valued at approximately $169,572,096.72. This trade represents a 2.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Olivier Steimer sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $329.30, for a total value of $658,600.00. Following the transaction, the director owned 25,468 shares of the company’s stock, valued at $8,386,612.40. This represents a 7.28% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 44,877 shares of company stock valued at $14,885,226. 0.77% of the stock is owned by company insiders.
Institutional Trading of Chubb
A number of large investors have recently added to or reduced their stakes in CB. Spire Wealth Management raised its holdings in shares of Chubb by 490.5% during the fourth quarter. Spire Wealth Management now owns 8,615 shares of the financial services provider’s stock worth $2,689,000 after purchasing an additional 7,156 shares during the last quarter. Chesley Taft & Associates LLC raised its holdings in shares of Chubb by 7.4% during the fourth quarter. Chesley Taft & Associates LLC now owns 102,427 shares of the financial services provider’s stock worth $31,970,000 after purchasing an additional 7,043 shares during the last quarter. Pallas Capital Advisors LLC raised its holdings in shares of Chubb by 42.3% during the fourth quarter. Pallas Capital Advisors LLC now owns 14,243 shares of the financial services provider’s stock worth $4,446,000 after purchasing an additional 4,233 shares during the last quarter. Westbourne Investment Advisors Inc. raised its holdings in shares of Chubb by 12.3% during the third quarter. Westbourne Investment Advisors Inc. now owns 22,233 shares of the financial services provider’s stock worth $6,275,000 after purchasing an additional 2,427 shares during the last quarter. Finally, Caprock Group LLC purchased a new position in shares of Chubb during the third quarter worth $3,123,000. Institutional investors own 83.81% of the company’s stock.
Key Stories Impacting Chubb
Here are the key news stories impacting Chubb this week:
- Positive Sentiment: Chubb says it is expanding global claims leadership — a structural, operational improvement that can support loss-cost management and customer retention, which investors view as a positive for underwriting profitability. Chubb Expands Global Claims Leadership As Investors Weigh Valuation Gap
- Positive Sentiment: Industry pieces highlight insurers (including CB) as potential inflation hedges because rising premiums can boost pricing power — a narrative that supports higher forward earnings expectations for well-run carriers. 3 Insurance Stocks That Can Act as a New Inflation Hedge
- Neutral Sentiment: Wall Street estimate roundup (Zacks) previews Q1 metric expectations — useful context for investors ahead of results but not a direct catalyst until the company reports actual earnings and loss-ratio trends. Curious about Chubb (CB) Q1 Performance? Explore Wall Street Estimates for Key Metrics
- Neutral Sentiment: Analyst commentary pieces (The Globe and Mail) review Chubb alongside peers — provides perspective on valuation and competitive positioning but contains no single actionable rating change. Analysts Offer Insights on Financial Companies: Chubb (CB) and Goldman Sachs Group (GS)
- Neutral Sentiment: Mizuho slightly trimmed its price target to $335 and kept a neutral rating — a marginal move that signals limited upside from current levels rather than a material change in the thesis. Mizuho Adjusts Price Target on Chubb to $335 from $336; Maintains Neutral Rating
- Negative Sentiment: Bank of America cut its price target on Chubb and adjusted its view on the U.S. insurance sector, citing valuation and sector risks — a high-profile downgrade that can pressure sentiment and stem recent gains. BofA Cuts Chubb (CB) Target, Adjusts View on US Insurance Sector BofA Cuts Chubb (CB) Target, Adjusts View on U.S. Insurance Sector
- Negative Sentiment: A pessimistic third-party forecast flagged downside risk to Chubb’s stock price — adds to negative headlines and could amplify selling if upcoming results disappoint. Bank of America Issues Pessimistic Forecast for Chubb (NYSE:CB) Stock Price
About Chubb
Chubb is a global property and casualty insurance company that underwrites a broad range of commercial and personal insurance products and related services. Its offerings include commercial property and casualty coverage, specialty liability, professional and management liability, cyber and technology insurance, marine and energy, surety, accident and health solutions, and high-net-worth personal lines such as homeowners, auto and valuables protection. Chubb serves businesses, individuals and institutions with tailored underwriting and risk-transfer solutions across multiple industry sectors.
In addition to core underwriting, Chubb provides risk engineering, loss control, claims management and risk consulting services intended to reduce loss severity and help clients manage exposures.
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