Chubb (NYSE:CB – Get Free Report) had its target price raised by equities researchers at The Goldman Sachs Group from $368.00 to $372.00 in a report issued on Tuesday,MarketScreener reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. The Goldman Sachs Group’s price objective would suggest a potential upside of 11.83% from the stock’s previous close.
Other equities analysts also recently issued research reports about the stock. Wells Fargo & Company boosted their price target on shares of Chubb from $305.00 to $322.00 and gave the company an “equal weight” rating in a report on Thursday, February 5th. Roth Mkm boosted their price target on shares of Chubb from $330.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. UBS Group reissued a “neutral” rating and set a $340.00 price target on shares of Chubb in a report on Monday, February 9th. Jefferies Financial Group boosted 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. Finally, JPMorgan Chase & Co. boosted their price target on shares of Chubb from $327.00 to $330.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $345.38.
Check Out Our Latest Report on Chubb
Chubb Stock Performance
Chubb (NYSE:CB – Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The financial services provider reported $7.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.33 by $1.19. Chubb had a net margin of 17.36% and a return on equity of 13.15%. The company had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $11.11 billion. During the same quarter in the previous year, the company posted $6.02 earnings per share. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. As a group, equities analysts anticipate that Chubb will post 21.52 earnings per share for the current year.
Insider Activity at Chubb
In related news, CEO Evan G. Greenberg sold 15,060 shares of the stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $331.47, for a total value of $4,991,938.20. Following the completion of the transaction, the chief executive officer owned 511,576 shares in the company, valued at $169,572,096.72. This represents a 2.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Olivier Steimer sold 2,000 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $329.30, for a total transaction of $658,600.00. Following the completion of the transaction, the director owned 25,468 shares of the company’s stock, valued at $8,386,612.40. This represents a 7.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 44,877 shares of company stock worth $14,885,226 in the last 90 days. Corporate insiders own 0.77% of the company’s stock.
Hedge Funds Weigh In On Chubb
Institutional investors and hedge funds have recently bought and sold shares of the stock. Berkshire Hathaway Inc lifted its holdings in Chubb by 15.9% in the 3rd quarter. Berkshire Hathaway Inc now owns 31,332,895 shares of the financial services provider’s stock valued at $8,843,710,000 after acquiring an additional 4,299,111 shares during the last quarter. Norges Bank acquired a new stake in Chubb in the 4th quarter valued at about $1,081,190,000. Price T Rowe Associates Inc. MD lifted its holdings in Chubb by 25.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,947,799 shares of the financial services provider’s stock valued at $4,665,508,000 after acquiring an additional 3,049,987 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Chubb in the 4th quarter valued at about $795,378,000. Finally, GQG Partners LLC lifted its holdings in Chubb by 15.2% in the 4th quarter. GQG Partners LLC now owns 12,481,176 shares of the financial services provider’s stock valued at $3,895,627,000 after acquiring an additional 1,647,729 shares during the last quarter. Institutional investors own 83.81% of the company’s stock.
Key Chubb News
Here are the key news stories impacting Chubb this week:
- Positive Sentiment: Several sell‑side firms lifted price targets this week (Goldman Sachs to $372, HSBC to $362, Wolfe to $373, Barclays to $374 and Jefferies to $356), keeping buy/outperform views or raising implied upside. These re‑ratings signal analyst confidence in earnings and reserve/price dynamics. Goldman Sachs raises PT on Chubb HSBC raises PT on Chubb Wolfe raises PT on Chubb Barclays raises PT on Chubb Jefferies raises PT on Chubb
- Positive Sentiment: Wolfe Research’s favorable coverage and Chubb’s mention in connection with the Russell 1000 highlights index/benchmark attention that can boost passive and benchmark‑driven flows. Chubb wins fresh confidence from Wolfe Research / Russell 1000
- Positive Sentiment: Chubb’s recent earnings history is strong — it beat EPS in the last reported quarter — and previews from analysts expect robust double‑digit profit growth for the upcoming quarter, supporting the case for another upside surprise. Zacks: Will Chubb beat estimates again? Yahoo Finance earnings preview Barchart earnings preview
- Neutral Sentiment: Market commentary notes CB has risen today but still slightly underperformed broader market moves — suggests stock strength is largely driven by firm‑specific catalysts rather than sector momentum. Zacks: Chubb ascends but remains behind market MarketWatch: Chubb stock rises, underperforms market
- Neutral Sentiment: Zacks commentary that CB is a “trending stock” reflects increased retail/investor attention; that can amplify moves but also increase volatility. Zacks: Chubb is a trending stock
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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