Morgan Stanley Cuts Chubb (NYSE:CB) Price Target to $350.00

Chubb (NYSE:CB) had its price objective trimmed by Morgan Stanley from $360.00 to $350.00 in a research report released on Tuesday morning,Benzinga reports. The brokerage currently has an equal weight rating on the financial services provider’s stock.

Several other equities research analysts have also recently weighed in on CB. HSBC cut Chubb from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $370.00 to $373.00 in a research note on Monday, July 6th. Piper Sandler boosted their target price on Chubb from $340.00 to $374.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Citizens Jmp restated a “market outperform” rating and set a $400.00 price target on shares of Chubb in a report on Wednesday, July 22nd. UBS Group raised their price target on Chubb from $340.00 to $369.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Chubb from $374.00 to $389.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $359.00.

Chubb Trading Up 2.6%

Shares of CB opened at $343.56 on Tuesday. The company’s fifty day moving average is $340.62 and its 200 day moving average is $335.40. Chubb has a fifty-two week low of $265.30 and a fifty-two week high of $365.91. The stock has a market capitalization of $132.54 billion, a PE ratio of 12.15, a P/E/G ratio of 1.48 and a beta of 0.36. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.29 and a current ratio of 0.29.

Chubb (NYSE:CB) last released its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $7.26 EPS for the quarter, beating the consensus estimate of $6.77 by $0.49. Chubb had a net margin of 18.10% and a return on equity of 14.47%. The business had revenue of $11.97 billion during the quarter, compared to analyst estimates of $15.07 billion. During the same quarter last year, the business earned $6.14 earnings per share. Chubb’s quarterly revenue was up 3.6% compared to the same quarter last year. Sell-side analysts expect that Chubb will post 27.41 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 11th were issued a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, September 11th. Chubb’s dividend payout ratio is presently 14.43%.

Insider Buying and Selling

In related news, Director Michael Connors sold 5,500 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $345.00, for a total transaction of $1,897,500.00. Following the completion of the sale, the director directly owned 12,803 shares of the company’s stock, valued at approximately $4,417,035. This trade represents a 30.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Joseph F. Wayland sold 8,502 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $364.54, for a total value of $3,099,319.08. Following the transaction, the executive vice president owned 33,749 shares of the company’s stock, valued at approximately $12,302,860.46. The trade was a 20.12% decrease in their position. The SEC filing for this sale provides additional information. 0.37% of the stock is currently owned by company insiders.

Institutional Trading of Chubb

Institutional investors and hedge funds have recently made changes to their positions in the business. South Plains Financial Inc. lifted its position in shares of Chubb by 2.2% in the fourth quarter. South Plains Financial Inc. now owns 1,601 shares of the financial services provider’s stock valued at $500,000 after acquiring an additional 34 shares in the last quarter. Stock Yards Bank & Trust Co. increased its position in shares of Chubb by 0.8% during the first quarter. Stock Yards Bank & Trust Co. now owns 4,105 shares of the financial services provider’s stock worth $1,338,000 after purchasing an additional 34 shares in the last quarter. Baker Tilly Wealth Management LLC raised its stake in Chubb by 4.9% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 722 shares of the financial services provider’s stock valued at $235,000 after purchasing an additional 34 shares during the last quarter. Advisory Resource Group raised its stake in Chubb by 0.8% in the 4th quarter. Advisory Resource Group now owns 4,658 shares of the financial services provider’s stock valued at $1,454,000 after purchasing an additional 35 shares during the last quarter. Finally, Bayban raised its stake in Chubb by 7.1% in the 1st quarter. Bayban now owns 544 shares of the financial services provider’s stock valued at $177,000 after purchasing an additional 36 shares during the last quarter. 83.81% of the stock is currently owned by institutional investors.

Key Stories Impacting Chubb

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Positive analyst outlook: Cantor Fitzgerald raised its price target for Chubb from $330 to $333. Although the firm maintained a neutral rating, the higher target indicates modestly improved expectations for the insurer. Cantor Fitzgerald Issues Positive Forecast for Chubb
• Positive Sentiment: Embedded-insurance opportunity: Chubb was included among insurers positioned to benefit as embedded insurance expands through partnerships and digital distribution channels. The trend could support premium growth and broaden customer access over time. 5 Insurers to Focus on as Embedded Insurance Gains Momentum
• Positive Sentiment: Defensive investment profile: Commentary highlighting Chubb among insurance companies with durable dividend characteristics may be attracting income-oriented investors, particularly given the company’s historically strong profitability and underwriting position. Insurance Stocks Built to Keep Paying Dividends
• Neutral Sentiment: Investor attention remains elevated: Zacks identified Chubb as a trending stock and discussed its investment prospects, but the article does not represent a clear change in the company’s fundamentals or an explicit bullish recommendation. Is Trending Stock Chubb a Buy Now
• Neutral Sentiment: A market update noted Chubb’s approximately $129.7 billion market capitalization, providing valuation context but no new operating announcement. Chubb Stock and Market Capitalization Update
• Negative Sentiment: Valuation caution: Mizuho lowered its price target from $347 to $336 and retained a neutral rating, implying downside from the current trading level. This may limit enthusiasm despite the stock’s recent strength.

About Chubb

Chubb Limited (NYSE: CB) is a global insurance company that provides property and casualty, accident and health, life, and reinsurance products and services. Its offerings serve individuals, businesses, multinational corporations, and institutional customers.

The company provides commercial and personal property and casualty coverage, including general liability, commercial property, professional liability, cyber insurance, workers’ compensation, homeowners insurance, automobile coverage, and specialty insurance.