Wells Fargo & Company Cuts Chubb (NYSE:CB) Price Target to $321.00

Chubb (NYSE:CB) had its price objective cut by Wells Fargo & Company from $322.00 to $321.00 in a report issued on Thursday morning, Marketbeat reports. They currently have an equal weight rating on the financial services provider’s stock.

A number of other analysts have also recently issued reports on CB. Deutsche Bank Aktiengesellschaft upped their target price on Chubb from $304.00 to $330.00 and gave the company a “hold” rating in a research report on Monday, March 23rd. Evercore raised their price objective on shares of Chubb from $346.00 to $347.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Raymond James Financial raised their price objective on shares of Chubb from $340.00 to $380.00 and gave the stock a “strong-buy” rating in a research report on Monday, February 9th. Jefferies Financial Group raised their price objective on shares of Chubb from $333.00 to $356.00 and gave the stock a “hold” rating in a research report on Tuesday, April 7th. Finally, Mizuho raised their price objective on shares of Chubb from $317.00 to $336.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $345.33.

Chubb Stock Down 1.4%

CB stock opened at $328.12 on Thursday. The company’s 50 day moving average price is $328.55 and its 200 day moving average price is $306.71. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.27 and a current ratio of 0.27. Chubb has a fifty-two week low of $264.10 and a fifty-two week high of $345.67. The firm has a market capitalization of $128.04 billion, a price-to-earnings ratio of 12.75, a PEG ratio of 1.74 and a beta of 0.49.

Chubb (NYSE:CB) last released its earnings results on Tuesday, February 3rd. The financial services provider reported $7.52 earnings per share for the quarter, topping analysts’ consensus estimates of $6.33 by $1.19. Chubb had a net margin of 17.36% and a return on equity of 13.15%. The firm had revenue of $2.08 billion for the quarter, compared to analyst estimates of $11.11 billion. During the same period in the prior year, the firm earned $6.02 earnings per share. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. On average, equities research analysts anticipate that Chubb will post 21.52 EPS for the current fiscal year.

Chubb Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Friday, March 13th were issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Friday, March 13th. Chubb’s dividend payout ratio is currently 15.08%.

Insider Buying and Selling

In related news, EVP Timothy Alan Boroughs sold 27,817 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $331.98, for a total transaction of $9,234,687.66. Following the completion of the transaction, the executive vice president directly owned 11,810 shares of the company’s stock, valued at $3,920,683.80. This represents a 70.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Olivier Steimer sold 2,000 shares of the stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $329.30, for a total transaction of $658,600.00. Following the transaction, the director directly owned 25,468 shares of the company’s stock, valued at $8,386,612.40. This represents a 7.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 44,877 shares of company stock valued at $14,885,226 over the last ninety days. Corporate insiders own 0.77% of the company’s stock.

Institutional Investors Weigh In On Chubb

A number of hedge funds and other institutional investors have recently bought and sold shares of CB. Harbor Capital Advisors Inc. boosted its stake in shares of Chubb by 93.6% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 91 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 44 shares in the last quarter. Cedar Mountain Advisors LLC boosted its stake in shares of Chubb by 155.6% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 92 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 56 shares in the last quarter. CBIZ Investment Advisory Services LLC boosted its stake in shares of Chubb by 148.5% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 82 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 49 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Chubb during the 3rd quarter worth approximately $31,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of Chubb during the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 83.81% of the company’s stock.

Chubb News Summary

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Zacks Research raised near- and medium-term EPS forecasts (multiple Q4/FY lifts, including FY2026–FY2028) — the revisions point to stronger earnings power that can support higher share prices. Zacks: Chubb ascends
• Positive Sentiment: Several brokers/analysts have lifted price targets and flagged upside (AmericanBankingNews/Barclays/Jefferies coverage), which supports longer-term upside expectations from the street. Price target raised to $373
• Positive Sentiment: Retail and financial press continue to highlight Chubb as an attractive dividend/quality insurance name, which can support defensive interest from income-focused investors. Yahoo: cheap dividend stocks
• Neutral Sentiment: Management made an operational appointment — Kevin Rampe named Global Head of Claims — a routine leadership move that reduces execution risk but is not a near-term earnings catalyst. PR Newswire: Kevin Rampe
• Neutral Sentiment: Morgan Stanley maintained a Hold rating on CB — a signal that, while not bearish, removes a portion of buy-side momentum. Globe & Mail: Morgan Stanley hold
• Neutral Sentiment: Market commentary is asking whether recent multi-year gains leave less near-term upside (valuation/timing debate), which can encourage some investors to step aside. Yahoo: Is it too late?
• Neutral Sentiment: Comparative surveys and sector pieces offer mixed assessments vs. peers (useful context but not an immediate price driver). AmericanBankingNews: critical survey
• Negative Sentiment: Wells Fargo trimmed its price target slightly to $321 and kept an equal-weight rating — a modest near-term headwind that can pressure momentum traders. MarketScreener: Wells Fargo target cut

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.