First National Trust Co Cuts Stake in Chubb Limited $CB

First National Trust Co reduced its holdings in shares of Chubb Limited (NYSE:CB) by 28.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,856 shares of the financial services provider’s stock after selling 2,690 shares during the period. First National Trust Co’s holdings in Chubb were worth $1,935,000 at the end of the most recent reporting period.

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

Chubb Stock Down 0.0%

Shares of Chubb stock opened at $326.16 on Wednesday. The company has a current ratio of 0.24, a quick ratio of 0.27 and a debt-to-equity ratio of 0.20. Chubb Limited has a 12-month low of $263.14 and a 12-month high of $335.59. The company has a market cap of $128.36 billion, a P/E ratio of 12.68, a PEG ratio of 2.08 and a beta of 0.49. The company’s fifty day simple moving average is $308.69 and its two-hundred day simple moving average is $290.09.

Chubb (NYSE:CB) last posted 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. Chubb had a net margin of 17.36% and a return on equity of 13.15%. The firm had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $11.11 billion. During the same period last year, the company posted $6.02 EPS. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. Research analysts anticipate that Chubb Limited will post 21.52 EPS for the current year.

Chubb Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Friday, December 12th were given a dividend of $0.97 per share. 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 payout ratio is presently 15.08%.

Chubb News Summary

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.

Wall Street Analyst Weigh In

CB has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price target on Chubb from $327.00 to $330.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Mizuho raised their target price on shares of Chubb from $317.00 to $336.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Jefferies Financial Group lifted their target price on shares of Chubb from $326.00 to $333.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th. Keefe, Bruyette & Woods increased their price target on shares of Chubb from $355.00 to $373.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $366.00 price objective on shares of Chubb in a research report on Thursday, February 5th. 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, Chubb has an average rating of “Hold” and a consensus price target of $340.09.

Insider Transactions at Chubb

In other news, EVP Timothy Alan Boroughs sold 27,817 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $331.98, for a total value of $9,234,687.66. Following the completion of the transaction, the executive vice president owned 11,810 shares of the company’s stock, valued at approximately $3,920,683.80. This represents a 70.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Evan G. Greenberg sold 15,060 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $331.47, for a total value of $4,991,938.20. Following the completion of the transaction, the chief executive officer owned 511,576 shares of the company’s stock, valued at approximately $169,572,096.72. The trade was a 2.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 76,512 shares of company stock worth $24,197,361 over the last quarter. Insiders own 0.86% of the company’s stock.

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.