Chubb Limited $CB Stock Bought by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC raised its stake in Chubb Limited (NYSE:CB) by 2,748.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 467,591 shares of the financial services provider’s stock after purchasing an additional 451,173 shares during the period. Chubb accounts for approximately 1.9% of Douglas Lane & Associates LLC’s investment portfolio, making the stock its 10th largest holding. Douglas Lane & Associates LLC’s holdings in Chubb were worth $152,084,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Janney Montgomery Scott LLC boosted its position in Chubb by 1.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 315,893 shares of the financial services provider’s stock worth $102,959,000 after acquiring an additional 5,225 shares during the period. Equitable Holdings Inc. bought a new stake in Chubb in the second quarter worth approximately $4,139,000. Berkshire Hathaway Inc acquired a new position in Chubb during the second quarter worth $11,670,067,000. XXEC Inc. bought a new position in shares of Chubb in the 2nd quarter valued at approximately $26,210,000. Finally, Glenview Trust Co acquired a new position in Chubb in the 2nd quarter valued at $11,147,000. 83.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on CB shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $354.00 target price on shares of Chubb in a research note on Wednesday, July 22nd. Cantor Fitzgerald lifted their price objective on Chubb from $330.00 to $333.00 and gave the company a “neutral” rating in a report on Wednesday. Wells Fargo & Company lowered their price target on Chubb from $358.00 to $356.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 23rd. Citizens Jmp reiterated a “market outperform” rating and set a $400.00 target price on shares of Chubb in a research report on Wednesday, July 22nd. Finally, The Goldman Sachs Group raised their price objective on shares of Chubb from $362.00 to $386.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $359.00.

More Chubb News

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Evercore ISI raised its price target on Chubb to $383 from $374, signaling improved confidence in the insurer’s prospective value. Evercore ISI Adjusts Price Target on Chubb
• Positive Sentiment: Cantor Fitzgerald issued a positive forecast for Chubb, providing a counterweight to the more cautious analyst actions. Cantor Fitzgerald Issues Positive Forecast for Chubb
• Positive Sentiment: Chubb was highlighted among insurers positioned to maintain dividend payments through hurricanes, market volatility and rate shocks, reinforcing its appeal to income-oriented investors. Insurance Stocks Built to Keep Paying Dividends
• Neutral Sentiment: Barclays and Morgan Stanley both maintained “Hold” ratings, suggesting analysts see a balanced risk-reward profile rather than a clear near-term catalyst. Barclays Hold Rating Morgan Stanley Hold Rating
• Neutral Sentiment: Industry coverage identified Chubb as a potential beneficiary of embedded-insurance growth, although the article offered broader sector commentary rather than a company-specific catalyst. Insurers and Embedded Insurance
• Negative Sentiment: Mizuho cut its price target to $336 from $347 and assigned a “Neutral” rating, implying limited upside or modest downside from recent trading levels. Mizuho Cuts Chubb Price Target

Chubb Stock Performance

Shares of CB traded down $1.26 during midday trading on Friday, reaching $342.52. 304,912 shares of the stock were exchanged, compared to its average volume of 1,715,472. Chubb Limited has a twelve month low of $265.30 and a twelve month high of $365.91. The stock’s 50 day simple moving average is $340.62 and its 200 day simple moving average is $335.40. The company has a market cap of $132.14 billion, a P/E ratio of 12.11, a PEG ratio of 1.48 and a beta of 0.36. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.22.

Chubb (NYSE:CB) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $7.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.77 by $0.49. Chubb had a return on equity of 14.47% and a net margin of 18.10%.The business had revenue of $11.97 billion during the quarter, compared to analysts’ expectations of $15.07 billion. During the same period in the previous year, the company posted $6.14 earnings per share. The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. On average, sell-side analysts expect that Chubb Limited will post 27.41 earnings per share for the current year.

Chubb Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 11th were issued a dividend of $1.02 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $4.08 annualized dividend and a dividend yield of 1.2%. Chubb’s payout ratio is 14.43%.

Insiders Place Their Bets

In other news, Director Michael P. Connors sold 5,500 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $345.00, for a total transaction of $1,897,500.00. Following the completion of the transaction, the director owned 12,803 shares of the company’s stock, valued at approximately $4,417,035. This trade represents a 30.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Joseph Wayland sold 8,502 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $364.54, for a total value of $3,099,319.08. Following the completion of the sale, the executive vice president directly owned 33,749 shares of the company’s stock, valued at approximately $12,302,860.46. The trade was a 20.12% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.37% of the stock is currently owned by corporate insiders.

Chubb Profile

Chubb Limited (NYSE: CB) is a global insurance company that provides property and casualty, accident and health, life, and reinsurance products and services. Its offerings serve individuals, businesses, multinational corporations, and institutional customers.

The company provides commercial and personal property and casualty coverage, including general liability, commercial property, professional liability, cyber insurance, workers’ compensation, homeowners insurance, automobile coverage, and specialty insurance.