Chubb Limited (NYSE:CB – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday. The company traded as high as $379.03 and last traded at $379.1520, with a volume of 2,659 shares. The stock had previously closed at $374.17.
Chubb News Roundup
Here are the key news stories impacting Chubb this week:
- Positive Sentiment: Zacks Research raised its Q4 2027 EPS forecast to $7.81 from $6.97, and made smaller increases to some other estimates. The revisions may support investor expectations for future earnings.
- Positive Sentiment: A Zacks article highlighted Chubb’s Currys partnership, which extends its embedded-insurance reach in the U.K. and could provide another avenue for growth in mobile-device protection. Article: Can Chubb’s Currys Partnership Expand Embedded Insurance Growth?
- Positive Sentiment: Zacks also featured Chubb as a momentum stock, while another article noted its 52-week high—signals that may attract trend-following investors. Article: What Makes Chubb a Strong Momentum Stock? Article: Chubb Hit a 52-Week High
- Neutral Sentiment: Zacks’ estimate changes were mixed overall: it lowered Q1 2027 EPS to $6.27 from $7.20, while raising some later-quarter estimates and reducing others. This provides no consistent signal about near-term earnings expectations.
- Neutral Sentiment: Chubb’s stock gained Wednesday but underperformed some competitors, suggesting its advance was not as strong as peers’. Article: Chubb Stock Underperforms Competitors Despite Gains
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on CB shares. Cantor Fitzgerald reiterated a “neutral” rating and issued a $333.00 target price on shares of Chubb in a research report on Wednesday, October 21st. TD Cowen raised their price target on Chubb from $360.00 to $379.00 and gave the company a “hold” rating in a research report on Wednesday, October 28th. Evercore reaffirmed an “outperform” rating and set a $374.00 price target on shares of Chubb in a research note on Friday, July 10th. Piper Sandler lifted their price target on Chubb from $340.00 to $374.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 15th. Finally, Citigroup reiterated a “buy” rating and issued a $405.00 price objective (up from $395.00) on shares of Chubb in a report on Wednesday, October 21st. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $362.78.
Read Our Latest Stock Report on Chubb
Chubb Trading Up 2.1%
The firm’s 50-day simple moving average is $344.94 and its 200-day simple moving average is $334.80. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $146.03 billion, a PE ratio of 13.41, a price-to-earnings-growth ratio of 1.69 and a beta of 0.29.
Chubb (NYSE:CB – Get Free Report) last released its quarterly earnings data on Tuesday, October 20th. The financial services provider reported $7.66 EPS for the quarter, topping the consensus estimate of $6.77 by $0.89. The firm had revenue of $16.20 billion for the quarter, compared to the consensus estimate of $15.66 billion. Chubb had a return on equity of 14.41% and a net margin of 18.15%. During the same quarter in the previous year, the business earned $7.49 earnings per share. Equities analysts expect that Chubb Limited will post 28.89 earnings per share for the current year.
Chubb Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 11th were given a $1.02 dividend. The ex-dividend date was Friday, September 11th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.1%. Chubb’s payout ratio is presently 14.28%.
Insider Activity
In other news, Director Michael Connors sold 5,500 shares of the stock in a transaction dated 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 sale, the director directly owned 12,803 shares in the company, valued at approximately $4,417,035. This represents a 30.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Timothy Boroughs sold 13,596 shares of the firm’s stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $356.77, for a total value of $4,850,644.92. Following the completion of the sale, the executive vice president directly owned 5,588 shares in the company, valued at $1,993,630.76. The trade was a 70.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 32,985 shares of company stock valued at $11,748,463. Insiders own 0.37% of the company’s stock.
Institutional Trading of Chubb
A number of institutional investors and hedge funds have recently added to or reduced their stakes in CB. XXEC Inc. purchased a new stake in Chubb in the second quarter valued at approximately $228,226,000. Berkshire Hathaway Inc purchased a new stake in Chubb during the second quarter valued at about $11,670,067,000. BlackRock Inc. purchased a new stake in Chubb during the second quarter valued at about $9,913,336,000. GQG Partners LLC purchased a new stake in Chubb during the second quarter valued at about $4,250,113,000. Finally, Bank of America Corp DE acquired a new stake in Chubb during the second quarter worth about $1,545,084,000. Hedge funds and other institutional investors own 83.81% of the company’s stock.
About Chubb
Chubb Limited is a global insurance company that provides property and casualty, accident and health, life, and reinsurance products and services. Its offerings include commercial and personal property and casualty insurance, liability coverage, workers’ compensation, specialty insurance, travel insurance, and coverage for high-net-worth individuals.
The company serves businesses, individuals, and institutional customers through a network spanning North America, Latin America, Europe, Asia-Pacific, and other international markets.
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