Chubb’s (CB) “Neutral” Rating Reiterated at Cantor Fitzgerald

Chubb (NYSE:CB)‘s stock had its “neutral” rating reaffirmed by Cantor Fitzgerald in a research note issued to investors on Wednesday, Benzinga reports. They currently have a $333.00 price objective on the financial services provider’s stock. Cantor Fitzgerald‘s price target would suggest a potential downside of 6.41% from the stock’s current price.

Several other analysts also recently issued reports on the stock. Mizuho lowered their price objective on shares of Chubb from $347.00 to $336.00 and set a “neutral” rating for the company in a research report on Wednesday, October 7th. Citizens Jmp reissued a “market outperform” rating and set a $400.00 target price on shares of Chubb in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. cut their price objective on shares of Chubb from $374.00 to $371.00 and set a “neutral” rating on the stock in a report on Friday, October 9th. HSBC reaffirmed a “hold” rating and set a $359.00 target price on shares of Chubb in a research report on Wednesday, October 7th. Finally, Evercore reiterated an “outperform” rating and issued a $374.00 price target on shares of Chubb in a research note on Friday, July 10th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $358.36.

Chubb Stock Down 0.5%

Chubb stock traded down $1.93 during trading on Wednesday, reaching $355.82. 1,005,788 shares of the company’s stock were exchanged, compared to its average volume of 1,707,282. Chubb has a 52-week low of $272.20 and a 52-week high of $365.91. The firm has a market cap of $137.27 billion, a price-to-earnings ratio of 12.56, a PEG ratio of 1.56 and a beta of 0.36. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.29 and a current ratio of 0.29. The company’s 50-day moving average is $340.82 and its two-hundred day moving average is $336.89.

Chubb (NYSE:CB) last issued its quarterly earnings data on Tuesday, October 20th. The financial services provider reported $7.66 EPS for the quarter, topping analysts’ consensus estimates of $6.79 by $0.87. Chubb had a return on equity of 14.47% and a net margin of 18.10%. The company had revenue of $16.20 billion for the quarter, compared to analysts’ expectations of $15.71 billion. During the same quarter in the previous year, the firm posted $7.49 earnings per share. On average, analysts predict that Chubb will post 27.72 earnings per share for the current year.

Insider Transactions at Chubb

In related news, EVP Joseph F. Wayland sold 8,502 shares of Chubb stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $364.54, for a total value 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. This trade represents a 20.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Connors sold 5,500 shares of the business’s stock in a transaction dated 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 completion of the sale, the director directly owned 12,803 shares of the company’s stock, valued at approximately $4,417,035. This represents a 30.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.37% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Chubb

A number of institutional investors have recently made changes to their positions in CB. XXEC Inc. acquired a new position in shares of Chubb during the 2nd quarter worth about $228,226,000. Berkshire Hathaway Inc acquired a new stake in Chubb in the 2nd quarter valued at approximately $11,670,067,000. BlackRock Inc. acquired a new stake in Chubb in the 2nd quarter valued at approximately $9,913,336,000. GQG Partners LLC bought a new position in Chubb in the 2nd quarter worth approximately $4,250,113,000. Finally, Bank of America Corp DE bought a new position in Chubb in the 2nd quarter worth approximately $1,545,084,000. 83.81% of the stock is currently owned by institutional investors.

Key Headlines Impacting Chubb

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Chubb reported third-quarter earnings of $7.66 per share, exceeding estimates of $6.53–$6.79 and rising from $7.49 a year earlier. Revenue reached $16.20 billion, above the $15.71 billion consensus. Chubb Q3 earnings and revenues surpass estimates
• Positive Sentiment: Results were supported by record investment income, higher life-insurance income and growth in net premiums written, strengthening the case for continued earnings momentum. Chubb Q3 earnings beat estimates on investment and life income growth
• Neutral Sentiment: The earnings beat was partly offset by rising catastrophe losses, which pressured underwriting profitability. This creates uncertainty about how much of the quarter’s strength can persist if claims remain elevated. Chubb beats Q3 profit estimates
• Negative Sentiment: Cantor Fitzgerald reaffirmed its Neutral rating and set a $333 price target, below Chubb’s recent trading level. The view suggests the strong Q3 performance may already be reflected in the stock’s valuation. Cantor Fitzgerald rating on Chubb
• Negative Sentiment: Recent analysis likewise argues that Chubb’s strong quarter is largely priced in, limiting near-term upside even though the insurer continues to deliver solid earnings. Chubb strong Q3 reflected in valuation

Chubb Company Profile

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.