Douglas Lane & Associates LLC Purchases 451,173 Shares of Chubb Limited $CB

Douglas Lane & Associates LLC grew its holdings in shares of Chubb Limited (NYSE:CB) by 2,748.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 467,591 shares of the financial services provider’s stock after acquiring an additional 451,173 shares during the period. Chubb accounts for approximately 1.9% of Douglas Lane & Associates LLC’s investment portfolio, making the stock its 10th biggest holding. Douglas Lane & Associates LLC owned approximately 0.12% of Chubb worth $152,084,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. South Plains Financial Inc. raised its holdings in shares of Chubb by 2.2% during the fourth quarter. South Plains Financial Inc. now owns 1,601 shares of the financial services provider’s stock valued at $500,000 after purchasing an additional 34 shares during the period. Stock Yards Bank & Trust Co. lifted its position in Chubb by 0.8% in the 1st quarter. Stock Yards Bank & Trust Co. now owns 4,105 shares of the financial services provider’s stock valued at $1,338,000 after acquiring an additional 34 shares in the last quarter. Baker Tilly Wealth Management LLC boosted its stake in Chubb by 4.9% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 722 shares of the financial services provider’s stock valued at $235,000 after purchasing an additional 34 shares during the last quarter. Advisory Resource Group raised its stake in shares of Chubb by 0.8% in the fourth quarter. Advisory Resource Group now owns 4,658 shares of the financial services provider’s stock worth $1,454,000 after purchasing an additional 35 shares during the last quarter. Finally, Bayban grew its holdings in Chubb by 7.1% during the first quarter. Bayban now owns 544 shares of the financial services provider’s stock worth $177,000 after buying an additional 36 shares in the last quarter. 83.81% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CB has been the topic of several recent analyst reports. Wells Fargo & Company dropped their target price on shares of Chubb from $358.00 to $356.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 23rd. Keefe, Bruyette & Woods lifted their price target on shares of Chubb from $374.00 to $389.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. Mizuho cut their price target on Chubb from $347.00 to $336.00 and set a “neutral” rating for the company in a research note on Wednesday. Morgan Stanley cut their target price on shares of Chubb from $360.00 to $350.00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $354.00 price objective on shares of Chubb in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $359.00.

Chubb Trading Down 0.4%

Shares of CB stock traded down $1.26 during trading hours on Friday, reaching $342.52. The company’s stock had a trading volume of 304,912 shares, compared to its average volume of 1,715,472. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $132.14 billion, a P/E ratio of 12.11, a P/E/G ratio of 1.48 and a beta of 0.36. The firm’s fifty day simple moving average is $340.62 and its 200 day simple moving average is $335.40. Chubb Limited has a one year low of $265.30 and a one year high of $365.91.

Chubb (NYSE:CB) last announced its earnings results on Tuesday, July 21st. The financial services provider reported $7.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.77 by $0.49. Chubb had a return on equity of 14.47% and a net margin of 18.10%.The firm had revenue of $11.97 billion during the quarter, compared to analyst estimates of $15.07 billion. During the same quarter in the prior year, the company earned $6.14 EPS. The business’s revenue was up 3.6% compared to the same quarter last year. Equities research analysts expect that Chubb Limited will post 27.41 EPS for the current year.

Chubb Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 11th were given a dividend of $1.02 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $4.08 annualized dividend and a dividend yield of 1.2%. Chubb’s dividend payout ratio is presently 14.43%.

Insider Activity at Chubb

In related news, EVP Joseph F. Wayland sold 8,502 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $364.54, for a total transaction of $3,099,319.08. Following the completion of the transaction, the executive vice president directly owned 33,749 shares in the company, valued at approximately $12,302,860.46. The trade was a 20.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael Connors sold 5,500 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $345.00, for a total transaction of $1,897,500.00. Following the completion of the transaction, the director directly owned 12,803 shares of the company’s stock, valued at $4,417,035. This represents a 30.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.37% of the company’s stock.

Trending Headlines about Chubb

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Evercore ISI raised its price target on Chubb to $383 from $374, signaling improved confidence in the insurer’s prospective value. Evercore ISI Adjusts Price Target on Chubb
• Positive Sentiment: Cantor Fitzgerald issued a positive forecast for Chubb, providing a counterweight to the more cautious analyst actions. Cantor Fitzgerald Issues Positive Forecast for Chubb
• Positive Sentiment: Chubb was highlighted among insurers positioned to maintain dividend payments through hurricanes, market volatility and rate shocks, reinforcing its appeal to income-oriented investors. Insurance Stocks Built to Keep Paying Dividends
• Neutral Sentiment: Barclays and Morgan Stanley both maintained “Hold” ratings, suggesting analysts see a balanced risk-reward profile rather than a clear near-term catalyst. Barclays Hold Rating Morgan Stanley Hold Rating
• Neutral Sentiment: Industry coverage identified Chubb as a potential beneficiary of embedded-insurance growth, although the article offered broader sector commentary rather than a company-specific catalyst. Insurers and Embedded Insurance
• Negative Sentiment: Mizuho cut its price target to $336 from $347 and assigned a “Neutral” rating, implying limited upside or modest downside from recent trading levels. Mizuho Cuts Chubb Price Target

Chubb Profile

Chubb Limited (NYSE: CB) is a global insurance company that provides property and casualty, accident and health, life, and reinsurance products and services. Its offerings serve individuals, businesses, multinational corporations, and institutional customers.

The company provides commercial and personal property and casualty coverage, including general liability, commercial property, professional liability, cyber insurance, workers’ compensation, homeowners insurance, automobile coverage, and specialty insurance.