Chubb (NYSE:CB) Sets New 12-Month High on Analyst Upgrade

Chubb Limited (NYSE:CB)’s share price hit a new 52-week high during mid-day trading on Tuesday after BMO Capital Markets raised their price target on the stock from $283.00 to $326.00. BMO Capital Markets currently has a market perform rating on the stock. Chubb traded as high as $335.59 and last traded at $326.25, with a volume of 2205797 shares trading hands. The stock had previously closed at $330.97.

Several other brokerages have also issued reports on CB. Cantor Fitzgerald upped their target price on shares of Chubb from $300.00 to $309.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Keefe, Bruyette & Woods lifted their price target on Chubb from $355.00 to $373.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. Citigroup upped their price objective on Chubb from $335.00 to $385.00 and gave the stock a “buy” rating in a report on Monday. JPMorgan Chase & Co. raised their price objective on Chubb from $327.00 to $330.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Finally, Evercore boosted their target price on Chubb from $346.00 to $347.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Chubb currently has a consensus rating of “Hold” and a consensus target price of $340.09.

Insider Buying and Selling

In other Chubb 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 value of $4,991,938.20. Following the transaction, the chief executive officer directly owned 511,576 shares of the company’s stock, valued at $169,572,096.72. The trade was a 2.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John J. Lupica sold 16,375 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $296.45, for a total value of $4,854,368.75. Following the sale, the insider directly owned 74,225 shares of the company’s stock, valued at approximately $22,004,001.25. This trade represents a 18.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 76,512 shares of company stock valued at $24,197,361 in the last 90 days. 0.86% of the stock is owned by insiders.

Key Headlines Impacting Chubb

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Chubb posted a material EPS beat for the most recent quarter ($7.52 vs. $6.33 consensus) with revenue up ~8.9%, reinforcing earnings momentum and supporting valuation. Read More.
• Positive Sentiment: Raymond James upgraded CB to a “strong-buy” and raised its price target to $380, signaling meaningful upside vs. current levels and likely attracting buying interest. Read More.
• Positive Sentiment: Multiple broker price-target increases and at least one upgrade have pushed the stock to a new 52-week high after the analyst actions, helping drive momentum. Read More.
• Positive Sentiment: Independent commentary (The Motley Fool) is pitching Chubb as a lower-volatility, more reliable insurance pick versus higher-risk peers, which can attract relative-value flows into CB. Read More.
• Neutral Sentiment: Despite several target raises, the brokerage consensus rating remains “Hold,” which could limit broad-based upgrades until guidance or further results push more firms to Buy. Read More.
• Neutral Sentiment: Zacks flags elevated investor attention to CB, useful as a sentiment/flow indicator but not a direct fundamental driver. Read More.
• Negative Sentiment: Insider selling: CEO Evan Greenberg sold 15,060 shares (~$5.0M) on Feb. 5. While his remaining ownership is large, the sale can be perceived as a short-term negative or additional supply. Read More.
• Negative Sentiment: Chubb underperformed some peers on recent trading days, which could reflect sector rotation or profit-taking after analyst-driven gains. Read More.

Institutional Trading of Chubb

Institutional investors have recently modified their holdings of the company. CBIZ Investment Advisory Services LLC lifted its holdings in Chubb by 148.5% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 82 shares of the financial services provider’s stock worth $26,000 after buying an additional 49 shares during the period. Harbor Capital Advisors Inc. raised its holdings in shares of Chubb by 93.6% during the third quarter. Harbor Capital Advisors Inc. now owns 91 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 44 shares in the last quarter. Cedar Mountain Advisors LLC lifted its stake in Chubb by 155.6% in the third quarter. Cedar Mountain Advisors LLC now owns 92 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 56 shares during the period. Laurel Wealth Advisors LLC purchased a new stake in Chubb in the fourth quarter worth $31,000. Finally, Ares Financial Consulting LLC bought a new stake in Chubb in the fourth quarter valued at $32,000. 83.81% of the stock is currently owned by hedge funds and other institutional investors.

Chubb Trading Down 0.0%

The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.27 and a current ratio of 0.24. The firm has a market capitalization of $128.36 billion, a PE ratio of 12.68, a P/E/G ratio of 2.08 and a beta of 0.49. The stock’s 50-day simple moving average is $308.69 and its 200-day simple moving average is $290.09.

Chubb (NYSE:CB) last announced its earnings results on Tuesday, February 3rd. The financial services provider reported $7.52 earnings per share for the quarter, beating 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 firm had revenue of $2.08 billion for the quarter, compared to analyst estimates of $11.11 billion. During the same quarter in the previous year, the firm posted $6.02 EPS. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. As a group, sell-side analysts expect that Chubb Limited will post 21.52 EPS for the current fiscal year.

Chubb Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Friday, December 12th were paid a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Friday, December 12th. Chubb’s dividend payout ratio is presently 15.08%.

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.