Chubb Limited (NYSE:CB – Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday. The company traded as high as $379.03 and last traded at $379.1520, with a volume of 2,659 shares. The stock had previously closed at $374.17.
Key Headlines Impacting Chubb
Here are the key news stories impacting Chubb this week:
- Positive Sentiment: Zacks Research raised its Q4 2027 EPS forecast to $7.81 from $6.97, and made smaller increases to some other estimates. The revisions may support investor expectations for future earnings.
- Positive Sentiment: A Zacks article highlighted Chubb’s Currys partnership, which extends its embedded-insurance reach in the U.K. and could provide another avenue for growth in mobile-device protection. Article: Can Chubb’s Currys Partnership Expand Embedded Insurance Growth?
- Positive Sentiment: Zacks also featured Chubb as a momentum stock, while another article noted its 52-week high—signals that may attract trend-following investors. Article: What Makes Chubb a Strong Momentum Stock? Article: Chubb Hit a 52-Week High
- Neutral Sentiment: Zacks’ estimate changes were mixed overall: it lowered Q1 2027 EPS to $6.27 from $7.20, while raising some later-quarter estimates and reducing others. This provides no consistent signal about near-term earnings expectations.
- Neutral Sentiment: Chubb’s stock gained Wednesday but underperformed some competitors, suggesting its advance was not as strong as peers’. Article: Chubb Stock Underperforms Competitors Despite Gains
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on CB shares. Mizuho lifted their target price on shares of Chubb from $336.00 to $350.00 and gave the company a “neutral” rating in a report on Thursday, October 22nd. Atlantic Securities set a $301.00 target price on Chubb in a research note on Wednesday, July 15th. Weiss Ratings upgraded Chubb from a “buy (b)” rating to a “buy (a)” rating in a report on Friday, October 16th. Keefe, Bruyette & Woods reduced their price target on Chubb from $389.00 to $387.00 and set an “outperform” rating on the stock in a research report on Monday, October 12th. Finally, Wells Fargo & Company upped their price target on Chubb from $343.00 to $366.00 and gave the stock an “equal weight” rating in a report on Thursday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $362.78.
Get Our Latest Analysis on Chubb
Chubb Stock Performance
The firm has a fifty day simple moving average of $344.94 and a 200-day simple moving average of $334.80. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23. The stock has a market cap of $146.03 billion, a price-to-earnings ratio of 13.41, a P/E/G ratio of 1.69 and a beta of 0.29.
Chubb (NYSE:CB – Get Free Report) last released its earnings results on Tuesday, October 20th. The financial services provider reported $7.66 earnings per share for the quarter, topping the consensus estimate of $6.77 by $0.89. The firm had revenue of $16.20 billion during the quarter, compared to analysts’ expectations of $15.66 billion. Chubb had a return on equity of 14.41% and a net margin of 18.15%. During the same period in the prior year, the company earned $7.49 earnings per share. Analysts forecast that Chubb Limited will post 28.89 EPS for the current fiscal year.
Chubb Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 11th were issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, September 11th. Chubb’s dividend payout ratio (DPR) is 14.28%.
Insider Activity at Chubb
In related news, Director Michael P. Connors sold 5,500 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $345.00, for a total value of $1,897,500.00. Following the transaction, the director owned 12,803 shares in the company, valued at approximately $4,417,035. This represents a 30.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Timothy Boroughs sold 13,596 shares of the company’s stock in a transaction on Monday, October 26th. The stock was sold at an average price of $356.77, for a total value of $4,850,644.92. Following the sale, the executive vice president directly owned 5,588 shares in the company, valued at $1,993,630.76. This represents a 70.87% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 32,985 shares of company stock worth $11,748,463 over the last quarter. 0.37% of the stock is owned by corporate insiders.
Institutional Trading of Chubb
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Dunhill Financial LLC acquired a new stake in Chubb in the second quarter worth $25,000. IMG Wealth Management Inc. acquired a new position in Chubb during the second quarter worth $25,000. Parvin Asset Management LLC acquired a new stake in Chubb during the second quarter worth approximately $26,000. Highland Investment Advisors LLC bought a new stake in Chubb during the second quarter valued at $26,000. Finally, Frazier Financial Advisors LLC grew its position in Chubb by 86.4% during the 1st quarter. Frazier Financial Advisors LLC now owns 82 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 38 shares during the last quarter. Hedge funds and other institutional investors own 83.81% of the company’s stock.
About Chubb
Chubb Limited is a global insurance company that provides property and casualty, accident and health, life, and reinsurance products and services. Its offerings include commercial and personal property and casualty insurance, liability coverage, workers’ compensation, specialty insurance, travel insurance, and coverage for high-net-worth individuals.
The company serves businesses, individuals, and institutional customers through a network spanning North America, Latin America, Europe, Asia-Pacific, and other international markets.
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