Citizens Jmp Increases Chubb (NYSE:CB) Price Target to $365.00

Chubb (NYSE:CB) had its price target boosted by equities research analysts at Citizens Jmp from $350.00 to $365.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “market outperform” rating on the financial services provider’s stock. Citizens Jmp’s target price indicates a potential upside of 9.67% from the company’s previous close.

Other research analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft raised their target price on Chubb from $304.00 to $330.00 and gave the stock a “hold” rating in a research report on Monday, March 23rd. Citigroup raised their target price on Chubb from $335.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. Morgan Stanley set a $350.00 target price on Chubb in a research report on Friday, January 16th. Cantor Fitzgerald raised their target price on Chubb from $300.00 to $309.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Finally, Barclays raised their target price on Chubb from $339.00 to $374.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $348.71.

Chubb Stock Up 2.3%

Shares of CB stock opened at $332.82 on Wednesday. The stock has a market cap of $129.88 billion, a P/E ratio of 11.75, a price-to-earnings-growth ratio of 1.72 and a beta of 0.49. Chubb has a one year low of $264.10 and a one year high of $345.67. The stock has a fifty day moving average price of $329.13 and a 200 day moving average price of $309.53. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.34 and a quick ratio of 0.27.

Chubb (NYSE:CB) last issued its earnings results on Tuesday, April 21st. The financial services provider reported $6.82 EPS for the quarter, topping the consensus estimate of $6.58 by $0.24. The firm had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $13.51 billion. Chubb had a return on equity of 14.30% and a net margin of 18.58%.During the same period last year, the business earned $3.68 earnings per share. Analysts predict that Chubb will post 26.52 earnings per share for the current year.

Insider Activity at Chubb

In related news, Director Olivier Steimer sold 2,000 shares of Chubb stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $329.30, for a total value of $658,600.00. Following the completion of the transaction, the director directly owned 25,468 shares of the company’s stock, valued at $8,386,612.40. The trade was a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Evan G. Greenberg sold 15,060 shares of Chubb 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 directly owned 511,576 shares of the company’s stock, valued at $169,572,096.72. This represents a 2.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 44,877 shares of company stock valued at $14,885,226 over the last ninety days. 0.37% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. CBIZ Investment Advisory Services LLC raised its holdings in shares of Chubb by 148.5% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 82 shares of the financial services provider’s stock valued at $26,000 after buying an additional 49 shares during the last quarter. Merkkuri Wealth Advisors LLC bought a new position in shares of Chubb in the first quarter valued at about $29,000. Harbor Capital Advisors Inc. increased its position in Chubb by 93.6% in the third quarter. Harbor Capital Advisors Inc. now owns 91 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 44 shares during the period. Cedar Mountain Advisors LLC increased its position in Chubb by 155.6% in the third quarter. Cedar Mountain Advisors LLC now owns 92 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 56 shares during the period. Finally, Laurel Wealth Advisors LLC acquired a new stake in Chubb in the fourth quarter worth about $31,000. 83.81% of the stock is owned by institutional investors.

Key Headlines Impacting Chubb

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Q1 results beat revenue and underwriting expectations: Chubb reported stronger-than-expected top-line growth and higher P&C underwriting profit, plus improved investment and life income — a core reason investors are bullish today. CB Q1 Deep Dive
• Positive Sentiment: Multiple brokerages raised price targets or reiterated positive ratings (HSBC to $370 buy; Keefe Bruyette & Woods to $374 outperform; Evercore to $349; Barclays to $375; Citizens JMP to $365), supporting upside momentum. HSBC PT Raise KBW PT Raise
• Positive Sentiment: Berkshire Hathaway / Warren Buffett continuing ownership is a structural positive for investor confidence; coverage pieces highlight Buffett’s large stake as endorsement. Buffett Confidence
• Neutral Sentiment: Some analysts remain conflicted or neutral — Cantor Fitzgerald reaffirmed a neutral/price-target view ($315), and broader coverage shows mixed sentiment across financial peers, tempering a unanimous buy case. Analysts Conflicted
• Negative Sentiment: Market concerns about a softening property insurance market—rising competition and declining rates—are weighing on sentiment despite the beat; this is cited as the reason shares dipped after results in some coverage. CNBC Market Concerns
• Negative Sentiment: GAAP EPS was pressured by higher realized losses in the quarter (reported in some earnings coverage), a near-term headwind investors must monitor even as core underwriting improved. GAAP EPS Miss

Chubb Company Profile

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.