Piper Sandler Raises Chubb (NYSE:CB) Price Target to $328.00

Chubb (NYSE:CB) had its price objective hoisted by equities researchers at Piper Sandler from $319.00 to $328.00 in a research report issued on Wednesday,MarketScreener reports. The firm presently has a “neutral” rating on the financial services provider’s stock. Piper Sandler’s target price indicates a potential downside of 1.45% from the stock’s previous close.

Other equities analysts also recently issued research reports about the stock. Mizuho decreased their price objective on shares of Chubb from $336.00 to $335.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Bank of America decreased their price objective on shares of Chubb from $286.00 to $271.00 and set an “underperform” rating for the company in a research note on Tuesday, April 14th. Weiss Ratings restated a “buy (b+)” rating on shares of Chubb in a research note on Friday, March 27th. Keefe, Bruyette & Woods upped their price objective on shares of Chubb from $373.00 to $374.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Jefferies Financial Group decreased their price objective on shares of Chubb from $356.00 to $352.00 and set a “hold” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $348.71.

Chubb Stock Performance

Shares of CB stock opened at $332.82 on Wednesday. The company has a current ratio of 0.34, a quick ratio of 0.27 and a debt-to-equity ratio of 0.20. The firm has a fifty day moving average price of $329.13 and a 200 day moving average price of $309.53. The company has a market cap of $129.88 billion, a P/E ratio of 11.75, a PEG ratio of 1.72 and a beta of 0.49. Chubb has a 12 month low of $264.10 and a 12 month high of $345.67.

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

Insider Activity at Chubb

In related news, EVP Timothy Alan Boroughs sold 27,817 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $331.98, for a total value of $9,234,687.66. Following the completion of the sale, the executive vice president owned 11,810 shares in the company, valued at $3,920,683.80. This trade represents a 70.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Olivier Steimer sold 2,000 shares of the firm’s 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 sale, the director owned 25,468 shares of the company’s stock, valued at approximately $8,386,612.40. The trade was a 7.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 44,877 shares of company stock worth $14,885,226 over the last 90 days. Company insiders own 0.37% of the company’s stock.

Institutional Investors Weigh In On Chubb

A number of hedge funds have recently added to or reduced their stakes in the company. Berkshire Hathaway Inc lifted its position in Chubb by 9.3% in the fourth quarter. Berkshire Hathaway Inc now owns 34,249,183 shares of the financial services provider’s stock valued at $10,689,855,000 after purchasing an additional 2,916,288 shares during the period. State Street Corp lifted its position in Chubb by 0.4% in the third quarter. State Street Corp now owns 17,045,793 shares of the financial services provider’s stock valued at $4,827,852,000 after purchasing an additional 68,553 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Chubb by 25.6% in the fourth 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 buying an additional 3,049,987 shares in the last quarter. GQG Partners LLC lifted its position in shares of Chubb by 15.2% during 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 period. Finally, Ameriprise Financial Inc. boosted its stake in shares of Chubb by 9.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 5,053,497 shares of the financial services provider’s stock worth $1,426,475,000 after acquiring an additional 427,512 shares in the last quarter. Institutional investors and hedge funds own 83.81% of the company’s stock.

Key Chubb News

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

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.