Chubb (NYSE:CB) Given New $375.00 Price Target at Barclays

Chubb (NYSE:CB) had its price target increased by Barclays from $374.00 to $375.00 in a research report released on Wednesday,Benzinga reports. They currently have an equal weight rating on the financial services provider’s stock.

A number of other equities analysts also recently commented on the stock. Jefferies Financial Group boosted their price objective on shares of Chubb from $333.00 to $356.00 and gave the stock a “hold” rating in a research note on Tuesday, April 7th. Keefe, Bruyette & Woods upped their price target on Chubb from $355.00 to $373.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Wells Fargo & Company reduced their price target on Chubb from $322.00 to $321.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 9th. BMO Capital Markets upped their price target on Chubb from $283.00 to $326.00 and gave the stock a “market perform” rating in a research report on Tuesday, February 10th. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Chubb in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Chubb presently has a consensus rating of “Hold” and a consensus price target of $347.38.

Chubb Stock Performance

Shares of NYSE:CB opened at $325.67 on Wednesday. The company has a market capitalization of $127.09 billion, a price-to-earnings ratio of 11.50, a price-to-earnings-growth ratio of 1.75 and a beta of 0.49. Chubb has a 52 week low of $264.10 and a 52 week high of $345.67. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average of $329.12 and a 200 day moving average of $309.37.

Chubb (NYSE:CB) last issued its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $6.82 EPS for the quarter, topping analysts’ consensus estimates of $6.58 by $0.24. The company had revenue of $14.93 billion during the quarter, compared to the consensus estimate of $13.51 billion. Chubb had a net margin of 18.58% and a return on equity of 14.42%. During the same quarter in the previous year, the firm posted $3.68 earnings per share. On average, sell-side analysts predict that Chubb will post 26.4 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Friday, March 13th were given a dividend of $0.97 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 1.2%. Chubb’s dividend payout ratio is presently 13.70%.

Insider Transactions at Chubb

In other news, Director Olivier Steimer sold 2,000 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $329.30, for a total transaction of $658,600.00. Following the sale, the director directly owned 25,468 shares of the company’s stock, valued at $8,386,612.40. The trade was a 7.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Evan G. Greenberg sold 15,060 shares of the business’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 SEC filing for this sale provides additional information. Over the last three months, insiders have sold 44,877 shares of company stock valued at $14,885,226. Corporate insiders own 0.37% of the company’s stock.

Institutional Investors Weigh In On Chubb

A number of large investors have recently made changes to their positions in CB. Berkshire Hathaway Inc grew its holdings in shares of Chubb by 15.9% during the third quarter. Berkshire Hathaway Inc now owns 31,332,895 shares of the financial services provider’s stock valued at $8,843,710,000 after buying an additional 4,299,111 shares during the last quarter. Norges Bank purchased a new stake in shares of Chubb during the fourth quarter valued at $1,081,190,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Chubb by 25.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,947,799 shares of the financial services provider’s stock valued at $4,665,508,000 after buying an additional 3,049,987 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Chubb during the fourth quarter valued at $795,378,000. Finally, GQG Partners LLC grew its holdings in shares of Chubb by 15.2% during the fourth quarter. GQG Partners LLC now owns 12,481,176 shares of the financial services provider’s stock valued at $3,895,627,000 after buying an additional 1,647,729 shares during the last quarter. 83.81% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Chubb

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Core operating performance beat expectations — Chubb reported core operating income/EPS and revenue above Street forecasts, with consolidated net premiums written up ~10.7%, P&C net premiums up, and a P&C combined ratio of ~84.0%, underscoring underwriting strength. Read More.
• Positive Sentiment: Underwriting and investment income strength — Analysts and reports highlight higher P&C underwriting profit, life income growth and improved combined ratio contributing to the beat, supporting Chubb’s core profitability trajectory. Read More.
• Positive Sentiment: Brokerage support and raised targets — Several firms raised price targets or reiterated positive views (Barclays raised its PT to $375; Citizens JMP raised its PT to $365), suggesting some analysts see meaningful upside from current levels. Read More.
• Neutral Sentiment: Earnings call transcript available — Management commentary is in the Q1 call transcript for investors to assess guidance, reserve trends and pricing commentary. (Review management tone for signs of property market stress.) Read More.
• Neutral Sentiment: Mixed analyst views — Some outlets/models (e.g., 24/7 Wall St.) see multi‑quarter upside while others keep neutral stances; watch for divergence between quantitative models and sell‑side price targets. Read More.
• Neutral Sentiment: Cantor Fitzgerald reaffirmed a neutral rating with a lower $315 PT — an anchor for near‑term sentiment and a reminder that some analysts remain cautious on upside from current levels. Read More.
• Negative Sentiment: Market reaction driven by signs of a softening property insurance market — CNBC reports investors are focused less on the beat and more on increasing competition and declining rates in property insurance, which could pressure P&C pricing and future margins. Read More.
• Negative Sentiment: GAAP EPS affected by realized losses — Some coverage notes a GAAP EPS miss or pressure from higher realized losses, creating earnings-quality concerns despite strong core operating results. That contributed to the stock pullback. Read More.

Chubb Company 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.