Martingale Asset Management L P Has $20.48 Million Stock Holdings in Chubb Limited $CB

Martingale Asset Management L P decreased its holdings in shares of Chubb Limited (NYSE:CB) by 7.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 72,566 shares of the financial services provider’s stock after selling 5,795 shares during the quarter. Martingale Asset Management L P’s holdings in Chubb were worth $20,482,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CB. Harbor Capital Advisors Inc. boosted its position in shares of Chubb by 93.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 91 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 44 shares during the last quarter. Cedar Mountain Advisors LLC increased its holdings in Chubb by 155.6% in the third quarter. Cedar Mountain Advisors LLC now owns 92 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 56 shares during the last quarter. VSM Wealth Advisory LLC bought a new stake in Chubb in the second quarter valued at about $32,000. Cornerstone Planning Group LLC lifted its stake in Chubb by 81.5% in the third quarter. Cornerstone Planning Group LLC now owns 118 shares of the financial services provider’s stock valued at $33,000 after buying an additional 53 shares during the period. Finally, Heartwood Wealth Advisors LLC acquired a new position in Chubb in the third quarter valued at about $34,000. Institutional investors and hedge funds own 83.81% of the company’s stock.

Chubb Trading Up 2.2%

NYSE:CB opened at $329.85 on Friday. Chubb Limited has a fifty-two week low of $264.10 and a fifty-two week high of $345.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.27 and a quick ratio of 0.27. The stock has a market capitalization of $128.69 billion, a PE ratio of 12.82, a price-to-earnings-growth ratio of 2.02 and a beta of 0.46. The business’s 50-day simple moving average is $319.17 and its 200-day simple moving average is $299.00.

Chubb (NYSE:CB) last posted its earnings results on Tuesday, February 3rd. The financial services provider reported $7.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.33 by $1.19. The business had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $11.11 billion. Chubb had a return on equity of 13.15% and a net margin of 17.36%.Chubb’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the prior year, the business earned $6.02 EPS. Sell-side analysts expect that Chubb Limited will post 21.52 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 6th. Shareholders of record on Friday, March 13th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $3.88 dividend on an annualized basis and a yield of 1.2%. Chubb’s payout ratio is presently 15.08%.

Analyst Upgrades and Downgrades

CB has been the subject of several analyst reports. BMO Capital Markets boosted their target price on Chubb from $283.00 to $326.00 and gave the stock a “market perform” rating in a research report on Tuesday, February 10th. Evercore increased their price target on shares of Chubb from $346.00 to $347.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Citigroup lifted their price objective on shares of Chubb from $335.00 to $385.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Mizuho boosted their price objective on shares of Chubb from $317.00 to $336.00 and gave the company a “neutral” rating in a report on Friday, February 6th. Finally, Raymond James Financial upped their target price on shares of Chubb from $340.00 to $380.00 and gave the company a “strong-buy” rating in a research note on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Chubb has a consensus rating of “Hold” and an average target price of $340.81.

Key Stories Impacting Chubb

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Chubb will serve as the lead partner/underwriter in the U.S. government’s $20 billion Maritime Reinsurance Plan to support Gulf shipping — a high‑profile mandate that increases premium opportunities and positions Chubb at the center of government-backed risk transfer for a volatile region. Reuters: Chubb to serve as lead US insurer for Gulf shipping amid Iran war
• Positive Sentiment: Board executed a share-capital reduction via treasury share cancellation — a buyback-like action that reduces share count and typically boosts EPS and ROE, which investors treat as shareholder-friendly. TipRanks: Chubb reduces share capital
• Positive Sentiment: Declared a $0.97 quarterly dividend, reinforcing Chubb’s long dividend track record and appealing to income investors who value stable payouts. InsiderMonkey: Chubb declares $0.97 dividend
• Positive Sentiment: Analysts at Zacks raised near‑term earnings estimates for Chubb, signaling improving consensus expectations after recent results — a catalyst for upward revisions in valuation. MarketBeat / Zacks note
• Neutral Sentiment: Management announced a leadership succession in operations/technology with Seshadri Iyer named EVP for Global Operations, Technology and Digital Transformation — could aid execution on tech-driven efficiency but effects are longer-term. PR Newswire: Executive appointment
• Neutral Sentiment: Analysts are setting expectations for Chubb’s upcoming quarter — useful for short-term volatility but not a clear positive/negative until results arrive. AmericanBankingNews: Analysts set expectations
• Neutral Sentiment: Industry write-ups highlight Chubb as a stable insurer with strong underwriting and investment income — supportive for the investment case, though analysts generally rate the stock a “Hold.” MarketBeat: Insurers to bring stability article

Insider Activity at Chubb

In related news, CEO Evan G. Greenberg sold 15,060 shares of the firm’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $331.47, for a total transaction of $4,991,938.20. Following the sale, the chief executive officer directly owned 511,576 shares in the company, valued at $169,572,096.72. This trade represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Timothy Alan Boroughs sold 27,817 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $331.98, for a total transaction of $9,234,687.66. Following the completion of the sale, the executive vice president directly owned 11,810 shares in the company, valued at $3,920,683.80. This represents a 70.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.77% of the stock is owned by corporate insiders.

Chubb Profile

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.