Rep. Jefferson Shreve Sells Off Shares of Chubb Limited (NYSE:CB)

Representative Jefferson Shreve (R-Indiana) recently sold shares of Chubb Limited (NYSE:CB). In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in Chubb stock on May 12th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Hubbell (NYSE:HUBB) on 5/12/2025.
• Sold $50,001 – $100,000 in shares of Trane Technologies (NYSE:TT) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 5/12/2025.
• Sold $50,001 – $100,000 in shares of NiSource (NYSE:NI) on 5/12/2025.
• Sold $50,001 – $100,000 in shares of Johnson & Johnson (NYSE:JNJ) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of AppLovin (NASDAQ:APP) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of Fiserv (NYSE:FI) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of CNO Financial Group (NYSE:CNO) on 5/12/2025.
• Sold $50,001 – $100,000 in shares of Cboe Global Markets (NASDAQ:CBOE) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 5/12/2025.

Chubb Stock Up 0.5%

NYSE CB opened at $267.40 on Friday. The stock’s 50-day moving average price is $282.23 and its 200-day moving average price is $282.35. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.18. Chubb Limited has a 52 week low of $252.16 and a 52 week high of $306.91. The company has a market capitalization of $106.61 billion, a P/E ratio of 11.80, a price-to-earnings-growth ratio of 3.02 and a beta of 0.53.

Chubb (NYSE:CB) last posted its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $6.14 EPS for the quarter, topping the consensus estimate of $5.84 by $0.30. Chubb had a return on equity of 12.34% and a net margin of 16.08%. The firm had revenue of $14.20 billion for the quarter, compared to the consensus estimate of $12.53 billion. During the same quarter last year, the company earned $5.38 earnings per share. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. On average, equities research analysts predict that Chubb Limited will post 21.52 earnings per share for the current year.

Chubb declared that its board has approved a stock repurchase program on Thursday, May 15th that authorizes the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to buy up to 4.3% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its shares are undervalued.

Chubb Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Friday, June 13th were paid a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 1.5%. This is an increase from Chubb’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend was Friday, June 13th. Chubb’s dividend payout ratio is 17.12%.

Institutional Investors Weigh In On Chubb

Several large investors have recently bought and sold shares of the business. Brighton Jones LLC boosted its holdings in shares of Chubb by 12.8% in the 4th quarter. Brighton Jones LLC now owns 1,945 shares of the financial services provider’s stock worth $537,000 after purchasing an additional 221 shares during the period. Revolve Wealth Partners LLC purchased a new position in shares of Chubb in the 4th quarter worth approximately $205,000. Bank Pictet & Cie Europe AG purchased a new position in shares of Chubb in the 4th quarter worth approximately $1,320,000. Strategic Financial Concepts LLC purchased a new position in shares of Chubb in the 4th quarter worth approximately $30,000. Finally, Private Advisor Group LLC boosted its holdings in shares of Chubb by 13.3% in the 4th quarter. Private Advisor Group LLC now owns 18,745 shares of the financial services provider’s stock worth $5,179,000 after purchasing an additional 2,198 shares during the period. Institutional investors own 83.81% of the company’s stock.

Insider Transactions at Chubb

In other Chubb news, Director Michael Corbat acquired 425 shares of the company’s stock in a transaction that occurred on Friday, July 25th. The stock was bought at an average price of $269.80 per share, for a total transaction of $114,665.00. Following the acquisition, the director directly owned 2,450 shares in the company, valued at $661,010. The trade was a 20.99% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John J. Lupica sold 5,513 shares of the business’s stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $290.06, for a total value of $1,599,100.78. Following the transaction, the insider owned 91,180 shares of the company’s stock, valued at approximately $26,447,670.80. The trade was a 5.70% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 100,390 shares of company stock worth $29,163,135. 0.77% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

CB has been the topic of several recent analyst reports. UBS Group decreased their target price on Chubb from $304.00 to $292.00 and set a “neutral” rating on the stock in a research note on Monday, July 28th. Jefferies Financial Group lifted their target price on Chubb from $307.00 to $308.00 and gave the company a “hold” rating in a research note on Friday, April 11th. JPMorgan Chase & Co. lifted their target price on Chubb from $300.00 to $307.00 and gave the company a “neutral” rating in a research note on Tuesday, April 8th. Keefe, Bruyette & Woods lifted their target price on Chubb from $314.00 to $324.00 and gave the company an “outperform” rating in a research note on Wednesday, July 9th. Finally, HSBC downgraded Chubb from a “buy” rating to a “hold” rating and decreased their target price for the company from $317.00 to $300.00 in a research note on Friday. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, four have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Chubb has a consensus rating of “Hold” and a consensus target price of $301.50.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Chubb Company Profile

Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses.