Cincinnati Insurance Co. Decreases Stock Holdings in Chubb Limited $CB

Cincinnati Insurance Co. lowered its stake in shares of Chubb Limited (NYSE:CB) by 64.6% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 139,267 shares of the financial services provider’s stock after selling 254,471 shares during the period. Cincinnati Insurance Co.’s holdings in Chubb were worth $39,308,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CB. Westbourne Investment Advisors Inc. lifted its holdings in Chubb by 12.3% in the third quarter. Westbourne Investment Advisors Inc. now owns 22,233 shares of the financial services provider’s stock valued at $6,275,000 after acquiring an additional 2,427 shares during the period. Assetmark Inc. increased its position in shares of Chubb by 14.1% during the 2nd quarter. Assetmark Inc. now owns 71,294 shares of the financial services provider’s stock valued at $20,655,000 after purchasing an additional 8,828 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of Chubb by 166.3% during the 3rd quarter. Sivia Capital Partners LLC now owns 3,707 shares of the financial services provider’s stock valued at $1,046,000 after purchasing an additional 2,315 shares during the last quarter. Liberty One Investment Management LLC bought a new position in shares of Chubb in the 3rd quarter worth approximately $51,167,000. Finally, Cooke & Bieler LP boosted its holdings in shares of Chubb by 21.3% in the third quarter. Cooke & Bieler LP now owns 606,011 shares of the financial services provider’s stock worth $171,047,000 after buying an additional 106,237 shares during the last quarter. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Key Chubb News

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.

Insider Transactions at Chubb

In other Chubb news, EVP Joseph F. Wayland sold 5,830 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $297.08, for a total transaction of $1,731,976.40. Following the completion of the transaction, the executive vice president owned 60,593 shares in the company, valued at $18,000,968.44. This trade represents a 8.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, 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 completion of the sale, the chief executive officer directly owned 511,576 shares in the company, valued at approximately $169,572,096.72. The trade was a 2.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 76,512 shares of company stock worth $24,197,361. 0.86% of the stock is currently owned by company insiders.

Chubb Trading Down 0.0%

Shares of CB opened at $326.16 on Wednesday. The firm has a market cap of $128.36 billion, a P/E ratio of 12.68, a price-to-earnings-growth ratio of 2.08 and a beta of 0.49. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.24 and a quick ratio of 0.27. Chubb Limited has a 1 year low of $263.14 and a 1 year high of $335.59. The company has a 50 day simple moving average of $308.69 and a two-hundred day simple moving average of $290.09.

Chubb (NYSE:CB) last released its earnings results on Tuesday, February 3rd. The financial services provider reported $7.52 EPS for the quarter, topping the consensus estimate of $6.33 by $1.19. The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $11.11 billion. Chubb had a net margin of 17.36% and a return on equity of 13.15%. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $6.02 earnings per share. On average, equities analysts expect that Chubb Limited will post 21.52 earnings per share for the current fiscal year.

Chubb Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CB. JMP Securities reaffirmed a “market outperform” rating and set a $325.00 target price on shares of Chubb in a report on Wednesday, October 22nd. Cantor Fitzgerald upped their price objective on Chubb from $300.00 to $309.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Keefe, Bruyette & Woods raised their target price on Chubb from $355.00 to $373.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Raymond James Financial boosted their price target on Chubb from $340.00 to $380.00 and gave the company a “strong-buy” rating in a report on Monday. Finally, Barclays upped their price target on Chubb from $317.00 to $339.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 8th. One 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. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $340.09.

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.