Chubb (NYSE:CB) Stock Rating Reaffirmed as “Neutral” by Cantor Fitzgerald

Chubb (NYSE:CB)‘s stock had its “neutral” rating reissued by analysts at Cantor Fitzgerald in a research note issued on Wednesday, Benzinga reports. They presently have a $333.00 target price on the financial services provider’s stock. Cantor Fitzgerald‘s target price points to a potential downside of 5.75% from the company’s previous close.

CB has been the topic of several other reports. Keefe, Bruyette & Woods dropped 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. Morgan Stanley dropped their price target on Chubb from $360.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 6th. HSBC reaffirmed a “hold” rating and issued a $359.00 price target on shares of Chubb in a research report on Wednesday, October 7th. The Goldman Sachs Group lifted their price target on Chubb from $362.00 to $386.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Finally, Wells Fargo & Company dropped their price target on Chubb from $356.00 to $343.00 and set an “equal weight” rating on the stock in a research report on Monday, October 12th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $358.36.

Chubb Price Performance

NYSE CB opened at $353.30 on Wednesday. Chubb has a fifty-two week low of $272.20 and a fifty-two week high of $365.91. The stock’s 50-day moving average is $340.82 and its two-hundred day moving average is $336.89. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.29 and a quick ratio of 0.29. The firm has a market cap of $136.30 billion, a P/E ratio of 12.51, a price-to-earnings-growth ratio of 1.56 and a beta of 0.36.

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

Insider Buying and Selling at Chubb

In other Chubb news, Director Michael P. Connors sold 5,500 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $345.00, for a total transaction of $1,897,500.00. Following the transaction, the director owned 12,803 shares of the company’s stock, valued at approximately $4,417,035. This represents a 30.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Joseph Wayland sold 8,502 shares of the company’s stock in a transaction on 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 transaction, the executive vice president directly owned 33,749 shares in the company, valued at approximately $12,302,860.46. This represents a 20.12% decrease in their position. The SEC filing for this sale provides additional information. 0.37% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CB. Atticus Wealth Management LLC boosted its stake in shares of Chubb by 3.7% during the 3rd quarter. Atticus Wealth Management LLC now owns 815 shares of the financial services provider’s stock worth $265,000 after buying an additional 29 shares during the last quarter. Freedom Day Solutions LLC boosted its stake in shares of Chubb by 0.4% during the 3rd quarter. Freedom Day Solutions LLC now owns 8,241 shares of the financial services provider’s stock worth $2,681,000 after buying an additional 31 shares during the last quarter. Stock Yards Bank & Trust Co. boosted its stake in shares of Chubb by 0.8% during the 1st quarter. Stock Yards Bank & Trust Co. now owns 4,105 shares of the financial services provider’s stock worth $1,338,000 after buying an additional 34 shares during the last quarter. Baker Tilly Wealth Management LLC boosted its stake in shares of Chubb by 4.9% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 722 shares of the financial services provider’s stock worth $235,000 after buying an additional 34 shares during the last quarter. Finally, Bayban lifted its stake in Chubb by 7.1% in the 1st quarter. Bayban now owns 544 shares of the financial services provider’s stock valued at $177,000 after purchasing an additional 36 shares during the last quarter. Institutional investors and hedge funds own 83.81% of the company’s stock.

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 the $6.79 analyst consensus and rising from $7.49 a year earlier. Revenue of $16.20 billion also surpassed the $15.71 billion estimate. Chubb earnings results
• Positive Sentiment: The earnings beat was supported by stronger underwriting income and growth in net premiums written, signaling continued operating momentum in Chubb’s insurance business. Chubb beats Q3 profit estimates
• Positive Sentiment: Profitability remained solid, with a reported net margin of 18.10% and return on equity of 14.47%, reinforcing the case for favorable investor sentiment following the quarterly report. Chubb Q3 profit rises
• Neutral Sentiment: One analysis characterized the strong third-quarter performance as already reflected in Chubb’s valuation, suggesting the earnings beat may have limited impact unless the company delivers further operational improvement. Chubb strong Q3 reflected in valuation
• Negative Sentiment: Cantor Fitzgerald reaffirmed its Neutral rating and set a $333 price target, approximately 6.7% below the referenced $357.05 share price. The target indicates concern that CB’s near-term upside is limited despite the strong results. Cantor Fitzgerald rating

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.