Citizens Jmp Reiterates Market Outperform Rating for Chubb (NYSE:CB)

Chubb (NYSE:CB)‘s stock had its “market outperform” rating restated by Citizens Jmp in a note issued to investors on Wednesday,Benzinga reports. They currently have a $350.00 price target on the financial services provider’s stock. Citizens Jmp’s target price suggests a potential upside of 5.65% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Jefferies Financial Group upped their price target on shares of Chubb from $302.00 to $326.00 and gave the company a “hold” rating in a research report on Tuesday, December 16th. Mizuho set a $317.00 price objective on shares of Chubb in a research report on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Chubb in a report on Monday, December 29th. Roth Mkm raised their target price on Chubb from $330.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday. Finally, HSBC upgraded shares of Chubb from a “hold” rating to a “buy” rating and set a $354.00 target price on the stock in a research report on Friday, January 16th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $329.14.

Chubb Stock Performance

Shares of CB stock opened at $331.29 on Wednesday. Chubb has a 1 year low of $263.14 and a 1 year high of $334.28. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.27 and a current ratio of 0.24. The firm has a market cap of $130.38 billion, a price-to-earnings ratio of 12.88, a PEG ratio of 2.11 and a beta of 0.49. The stock’s 50-day moving average is $306.70 and its two-hundred day moving average is $288.69.

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

Insider Buying and Selling

In other news, EVP Joseph F. Wayland sold 5,830 shares of the company’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $297.08, for a total transaction of $1,731,976.40. Following the completion of the transaction, the executive vice president owned 60,593 shares of the company’s stock, valued at $18,000,968.44. This represents a 8.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider John J. Lupica sold 16,375 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $296.45, for a total transaction of $4,854,368.75. Following the transaction, the insider directly owned 74,225 shares of the company’s stock, valued at $22,004,001.25. This trade represents a 18.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 33,635 shares of company stock worth $9,970,735. 0.77% of the stock is owned by company insiders.

Institutional Trading of Chubb

Several large investors have recently bought and sold shares of the company. Harbor Capital Advisors Inc. lifted its holdings in Chubb by 93.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 91 shares of the financial services provider’s stock worth $26,000 after buying an additional 44 shares in the last quarter. Cedar Mountain Advisors LLC lifted its holdings in 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 buying an additional 56 shares during the last quarter. Laurel Wealth Advisors LLC bought a new position in Chubb during the fourth quarter worth $31,000. Ares Financial Consulting LLC bought a new position in shares of Chubb in the 4th quarter worth about $32,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in shares of Chubb during the 3rd quarter valued at about $31,000. Institutional investors and hedge funds own 83.81% of the company’s stock.

More Chubb News

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Q4 results beat and underwriting strength — Chubb reported record earnings and core EPS that topped estimates, helped by higher investment returns, lower catastrophe losses and a notably low combined ratio. This is the primary driver behind the rally. Earnings Call Highlights
• Positive Sentiment: Market reaction: stock hit a record high and is on a multi-day win streak following the results, reflecting strong investor demand. MSN: Record High
• Positive Sentiment: Bullish analyst actions — several firms raised price targets and/or maintained outperform/buy stances (notably Roth Capital to $360, Evercore ISI to $347 and Citizens JMP reaffirming market outperform at $350), supporting upside conviction. Roth/Analyst Moves
• Positive Sentiment: Cyber risk partnership — Chubb named Arctic Wolf as a preferred Managed Detection & Response provider, reinforcing its cyber risk-management capabilities for insureds (helps product competitiveness). GlobeNewswire: Arctic Wolf
• Neutral Sentiment: Analyst commentary and notes on key metrics — coverage pieces and analyst reviews dig into combined ratio, underwriting trends and investment assumptions; these provide context but are not new catalysts by themselves. Zacks: Q4 Analysis
• Negative Sentiment: Some targets imply limited near-term upside or modest downside — Piper Sandler’s new $319 target (neutral), Wells Fargo’s $322 (equal weight) and JPMorgan’s $330 (neutral) sit at or below the current share price, which could cap gains or trigger profit-taking among more cautious investors. MarketScreener: Piper Sandler

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.