Chubb (NYSE:CB – Get Free Report) had its price target increased by equities research analysts at Barclays from $374.00 to $375.00 in a report released on Wednesday,Benzinga reports. The firm currently has an “equal weight” rating on the financial services provider’s stock. Barclays‘s target price would indicate a potential upside of 14.82% from the stock’s previous close.
Several other analysts have also commented on the company. JPMorgan Chase & Co. boosted their price target on Chubb from $330.00 to $340.00 and gave the company a “neutral” rating in a research note on Monday. BMO Capital Markets upped their target price on shares of Chubb from $283.00 to $326.00 and gave the stock a “market perform” rating in a report on Tuesday, February 10th. Jefferies Financial Group lifted their price target on shares of Chubb from $333.00 to $356.00 and gave the company a “hold” rating in a report on Tuesday, April 7th. Raymond James Financial raised their price objective on shares of Chubb from $340.00 to $380.00 and gave the stock a “strong-buy” rating in a report on Monday, February 9th. Finally, Cantor Fitzgerald boosted their target price on Chubb from $300.00 to $309.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $347.10.
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Chubb Stock Performance
Chubb (NYSE:CB – Get Free Report) last released its earnings results on Tuesday, April 21st. The financial services provider reported $6.82 earnings per share for the quarter, topping analysts’ consensus estimates of $6.58 by $0.24. Chubb had a return on equity of 13.15% and a net margin of 17.36%.The business had revenue of $14.93 billion for the quarter, compared to the consensus estimate of $13.51 billion. During the same period last year, the business earned $3.68 earnings per share. Equities research analysts forecast that Chubb will post 26.36 EPS for the current year.
Insider Buying and Selling
In related news, Director Olivier Steimer sold 2,000 shares of the firm’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 in the company, valued at $8,386,612.40. This trade represents a 7.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 completion of the sale, the chief executive officer directly owned 511,576 shares in the company, valued at $169,572,096.72. This represents a 2.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 44,877 shares of company stock valued at $14,885,226. 0.37% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the company. Cherry Tree Wealth Management LLC lifted its stake in Chubb by 38.3% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 112 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 31 shares in the last quarter. Phillips Wealth Planners LLC grew its position in Chubb by 1.8% in the fourth quarter. Phillips Wealth Planners LLC now owns 1,737 shares of the financial services provider’s stock valued at $521,000 after purchasing an additional 31 shares in the last quarter. Hoxton Planning & Management LLC increased its stake in Chubb by 4.3% in the 4th quarter. Hoxton Planning & Management LLC now owns 746 shares of the financial services provider’s stock valued at $233,000 after buying an additional 31 shares during the last quarter. Kathmere Capital Management LLC boosted its stake in shares of Chubb by 2.7% during the 4th quarter. Kathmere Capital Management LLC now owns 1,297 shares of the financial services provider’s stock worth $405,000 after buying an additional 34 shares during the last quarter. Finally, Wright Investors Service Inc. grew its holdings in shares of Chubb by 0.7% in the 4th quarter. Wright Investors Service Inc. now owns 4,927 shares of the financial services provider’s stock valued at $1,538,000 after acquiring an additional 34 shares in the last quarter. 83.81% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Chubb
Here are the key news stories impacting Chubb this week:
- Positive Sentiment: Analyst price-target lift — Citizens Jmp raised its target to $365 and gave a “market outperform” rating, implying ~11% upside versus the current price. This is a bullish upgrade that can support further gains. Benzinga
- Positive Sentiment: Additional bullish models/targets — 24/7 Wall St. published a model-driven target of $363.54 (roughly 10%+ upside), reinforcing analyst upside narratives. Chubb’s Best Year Ever Sets Up a Run to $363.54 in 12 Months
- Positive Sentiment: Core results and top-line beat — Chubb reported core operating income of $6.82 and consolidated revenue/net premiums written that exceeded expectations (P&C combined ratio 84.0%, net premiums written +10.7%), signaling strong underwriting and premium momentum. Press Release
- Neutral Sentiment: Analyst commentary expecting upside — Coverage notes (including a JPMorgan-related write-up) argue Chubb is positioned to rise on strong fundamentals; these are supportive but not immediate catalysts. Chubb Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says
- Neutral Sentiment: Momentum & sector commentary — Zacks pieces highlight Chubb as a momentum/value candidate heading into earnings season, noting factors (pricing, investment income) that could drive performance over time. Zacks Momentum Article
- Negative Sentiment: GAAP EPS miss and realized losses — Seeking Alpha and other coverage note that GAAP EPS missed estimates because realized investment losses rose, which is the main reason the stock sank intraday despite core beat — a clear near-term negative for sentiment. Seeking Alpha
- Negative Sentiment: Mixed market reaction risk — Investors weighing GAAP vs. core results and the size/timing of realized losses may keep volatility elevated near term; that uncertainty can pressure the stock despite upward targets. Chron Q1 Snapshot
About Chubb
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.
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