Chubb (NYSE:CB) Given New $357.00 Price Target at HSBC

Chubb (NYSE:CBFree Report) had its target price boosted by HSBC from $354.00 to $357.00 in a research report report published on Thursday morning,MarketScreener reports. They currently have a buy rating on the financial services provider’s stock.

CB has been the topic of a number of other reports. Piper Sandler lifted their price target on Chubb from $283.00 to $319.00 and gave the company a “neutral” rating in a research note on Wednesday. The Goldman Sachs Group reiterated a “buy” rating and set a $366.00 target price on shares of Chubb in a research report on Thursday. BMO Capital Markets restated a “market perform” rating and issued a $283.00 price target on shares of Chubb in a research report on Thursday, October 23rd. Citizens Jmp reiterated a “market outperform” rating and set a $350.00 price target on shares of Chubb in a report on Wednesday. Finally, Evercore ISI increased their price objective on Chubb from $346.00 to $347.00 and gave the company an “outperform” rating in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $330.90.

Read Our Latest Stock Analysis on CB

Chubb Price Performance

CB stock traded up $3.29 during trading on Thursday, reaching $334.57. 108,085 shares of the company were exchanged, compared to its average volume of 1,651,118. The company has a market capitalization of $131.67 billion, a price-to-earnings ratio of 12.97, a P/E/G ratio of 2.11 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. The company has a 50-day moving average of $306.70 and a two-hundred day moving average of $288.69. Chubb has a twelve month low of $263.14 and a twelve month high of $334.32.

Chubb (NYSE:CBGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The financial services provider reported $7.52 earnings per share (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 company had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $11.11 billion. During the same period in the prior year, the business earned $6.02 earnings per share. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. As a group, equities analysts predict that Chubb will post 21.52 earnings per share for the current fiscal year.

Chubb Announces Dividend

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

Insider Activity

In other news, EVP Joseph F. Wayland sold 5,830 shares of the stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $297.08, for a total transaction of $1,731,976.40. Following the transaction, the executive vice president owned 60,593 shares of the company’s stock, valued at $18,000,968.44. This represents a 8.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider John J. Lupica sold 16,375 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $296.45, for a total value of $4,854,368.75. Following the completion of the sale, the insider directly owned 74,225 shares of the company’s stock, valued at $22,004,001.25. The trade was a 18.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 33,635 shares of company stock worth $9,970,735. Company insiders own 0.77% of the company’s stock.

Institutional Investors Weigh In On Chubb

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Harbor Capital Advisors Inc. lifted its holdings in shares of Chubb by 93.6% in the third 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 in the last quarter. Cedar Mountain Advisors LLC lifted its stake in Chubb by 155.6% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 92 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 56 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in Chubb during the 3rd quarter worth $31,000. Laurel Wealth Advisors LLC bought a new stake in shares of Chubb in the 4th quarter worth $31,000. Finally, VSM Wealth Advisory LLC purchased a new stake in shares of Chubb in the second quarter valued at about $32,000. 83.81% of the stock is owned by institutional investors.

Key Headlines Impacting Chubb

Here are the key news stories impacting Chubb this week:

  • Positive Sentiment: Big upside analyst revisions from Wolfe Research (PT raised to $372, outperform) signal strong analyst confidence and provide upward price support. Wolfe Research PT Raise
  • Positive Sentiment: HSBC raised its target to $357 and kept a buy rating, reinforcing upside from bank analysts. HSBC PT Raise
  • Positive Sentiment: Roth Capital lifted its target to $360 and maintained a buy — another high-target upgrade supporting further gains. Roth PT Raise
  • Positive Sentiment: Evercore and Citizens JMP reaffirmed/raised outperform targets ($347 and $350 respectively), adding to buy-side momentum. Evercore / Citizens JMP Coverage
  • Positive Sentiment: Q4 results: Chubb reported record earnings, an 81.2% combined ratio (low underwriting losses), higher investment returns and revenue/earnings beats — the core driver of the rally. Reuters: Q4 Results
  • Positive Sentiment: Market reaction: coverage notes record-high share price and multi-day winning streak after earnings — momentum traders likely contributed to the move. MSN: Record High
  • Positive Sentiment: Business development: Chubb named Arctic Wolf as a preferred MDR provider — a modest positive for cyber risk management and client service continuity. GlobeNewswire: Arctic Wolf Partnership
  • Neutral Sentiment: Piper Sandler raised its target to $319 but left a neutral rating; the target is below current levels so it is unlikely to add upside momentum. Piper Sandler Note
  • Neutral Sentiment: JPMorgan nudged its target to $330 and kept a neutral view — signals some caution from a major house but not a bearish verdict. JPMorgan PT Update
  • Negative Sentiment: Jefferies raised its PT to $333 but kept a hold rating; the target sits marginally below the trading level, offering limited upside. Jefferies PT Raise
  • Negative Sentiment: Wells Fargo raised its target to $322 but maintained an equal-weight rating — the target is below current levels and may cap upside from this house. Wells Fargo PT Update

Chubb Company Profile

(Get Free Report)

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.

Read More

Analyst Recommendations for Chubb (NYSE:CB)

Receive News & Ratings for Chubb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chubb and related companies with MarketBeat.com's FREE daily email newsletter.