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

Chubb (NYSE:CB)‘s stock had its “neutral” rating reissued by equities research analysts at Cantor Fitzgerald in a report issued on Wednesday, Benzinga reports. They currently have a $333.00 price objective on the financial services provider’s stock. Cantor Fitzgerald‘s price objective indicates a potential downside of 6.26% from the stock’s previous close.

A number of other research analysts also recently weighed in on CB. Atlantic Securities set a $301.00 target price on shares of Chubb in a research report on Wednesday, July 15th. Citigroup restated a “market outperform” rating on shares of Chubb in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $354.00 price objective on shares of Chubb in a research note on Wednesday, July 22nd. Morgan Stanley reduced their price objective on Chubb from $360.00 to $350.00 and set an “equal weight” rating for the company in a report on Tuesday, October 6th. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $400.00 target price on shares of Chubb in a research report on Wednesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $358.36.

Chubb Stock Performance

Shares of CB stock traded down $2.50 during trading on Wednesday, hitting $355.25. The company’s stock had a trading volume of 944,432 shares, compared to its average volume of 1,706,960. The business has a fifty day moving average of $340.82 and a 200-day moving average of $336.89. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.22. The company has a market cap of $137.05 billion, a PE ratio of 12.57, a P/E/G ratio of 1.56 and a beta of 0.36. Chubb has a 52 week low of $272.20 and a 52 week high of $365.91.

Chubb (NYSE:CB) last posted its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $7.66 earnings per share for the quarter, beating the consensus estimate of $6.79 by $0.87. Chubb had a net margin of 18.10% and a return on equity of 14.47%. The company had revenue of $16.20 billion during the quarter, compared to analyst estimates of $15.71 billion. During the same quarter in the prior year, the business earned $7.49 earnings per share. As a group, research analysts anticipate that Chubb will post 27.72 earnings per share for the current year.

Insider Transactions at Chubb

In other news, Director Michael Connors sold 5,500 shares of the 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 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Joseph F. Wayland sold 8,502 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $364.54, for a total transaction of $3,099,319.08. Following the completion of the sale, the executive vice president directly owned 33,749 shares in the company, valued at approximately $12,302,860.46. The trade was a 20.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.37% of the stock is owned by company insiders.

Institutional Trading of Chubb

Large investors have recently modified their holdings of the business. Dunhill Financial LLC purchased a new position in Chubb during the second quarter valued at $25,000. IMG Wealth Management Inc. purchased a new position in shares of Chubb in the 2nd quarter worth about $25,000. Parvin Asset Management LLC purchased a new position in Chubb in the 2nd quarter worth about $26,000. Highland Investment Advisors LLC purchased a new position in Chubb in the 2nd quarter worth about $26,000. Finally, Frazier Financial Advisors LLC raised its position in Chubb by 86.4% in the 1st quarter. Frazier Financial Advisors LLC now owns 82 shares of the financial services provider’s stock worth $27,000 after buying an additional 38 shares during the last quarter. Institutional investors own 83.81% of the company’s stock.

More Chubb News

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

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.