Employees Retirement System of Texas Decreases Position in Chubb Limited $CB

Employees Retirement System of Texas lessened its stake in Chubb Limited (NYSE:CB) by 8.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 62,996 shares of the financial services provider’s stock after selling 5,466 shares during the quarter. Employees Retirement System of Texas’ holdings in Chubb were worth $17,781,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank purchased a new position in shares of Chubb during the 2nd quarter valued at $1,195,137,000. Bank of America Corp DE increased its holdings in Chubb by 11.6% in the 2nd quarter. Bank of America Corp DE now owns 4,929,858 shares of the financial services provider’s stock worth $1,428,278,000 after acquiring an additional 513,852 shares during the last quarter. London Co. of Virginia raised its stake in Chubb by 211.0% in the 2nd quarter. London Co. of Virginia now owns 737,090 shares of the financial services provider’s stock valued at $213,559,000 after acquiring an additional 500,116 shares during the period. Altrinsic Global Advisors LLC raised its stake in Chubb by 46.9% in the 2nd quarter. Altrinsic Global Advisors LLC now owns 1,392,846 shares of the financial services provider’s stock valued at $403,535,000 after acquiring an additional 444,557 shares during the period. Finally, Troy Asset Management Ltd lifted its holdings in Chubb by 89.1% during the second quarter. Troy Asset Management Ltd now owns 793,427 shares of the financial services provider’s stock valued at $229,872,000 after purchasing an additional 373,872 shares during the last quarter. 83.81% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CB has been the subject of several recent research reports. Weiss Ratings reiterated a “buy (b+)” rating on shares of Chubb in a research note on Monday, December 29th. Morgan Stanley set a $350.00 price target on shares of Chubb in a research note on Friday, January 16th. Evercore lifted their price objective on shares of Chubb from $346.00 to $347.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. BMO Capital Markets boosted their target price on shares of Chubb from $283.00 to $326.00 and gave the company a “market perform” rating in a report on Tuesday, February 10th. Finally, Raymond James Financial increased their target price on Chubb from $340.00 to $380.00 and gave the stock a “strong-buy” rating in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $340.81.

Trending Headlines about Chubb

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Chubb will serve as the lead partner/underwriter in the U.S. government’s $20 billion Maritime Reinsurance Plan to support Gulf shipping — a high‑profile mandate that increases premium opportunities and positions Chubb at the center of government-backed risk transfer for a volatile region. Reuters: Chubb to serve as lead US insurer for Gulf shipping amid Iran war
• Positive Sentiment: Board executed a share-capital reduction via treasury share cancellation — a buyback-like action that reduces share count and typically boosts EPS and ROE, which investors treat as shareholder-friendly. TipRanks: Chubb reduces share capital
• Positive Sentiment: Declared a $0.97 quarterly dividend, reinforcing Chubb’s long dividend track record and appealing to income investors who value stable payouts. InsiderMonkey: Chubb declares $0.97 dividend
• Positive Sentiment: Analysts at Zacks raised near‑term earnings estimates for Chubb, signaling improving consensus expectations after recent results — a catalyst for upward revisions in valuation. MarketBeat / Zacks note
• Neutral Sentiment: Management announced a leadership succession in operations/technology with Seshadri Iyer named EVP for Global Operations, Technology and Digital Transformation — could aid execution on tech-driven efficiency but effects are longer-term. PR Newswire: Executive appointment
• Neutral Sentiment: Analysts are setting expectations for Chubb’s upcoming quarter — useful for short-term volatility but not a clear positive/negative until results arrive. AmericanBankingNews: Analysts set expectations
• Neutral Sentiment: Industry write-ups highlight Chubb as a stable insurer with strong underwriting and investment income — supportive for the investment case, though analysts generally rate the stock a “Hold.” MarketBeat: Insurers to bring stability article

Chubb Stock Performance

NYSE CB opened at $329.85 on Friday. Chubb Limited has a 52-week low of $264.10 and a 52-week high of $345.67. The company has a fifty day moving average of $319.17 and a 200-day moving average of $299.00. The company has a market capitalization of $128.69 billion, a P/E ratio of 12.82, a P/E/G ratio of 2.02 and a beta of 0.46. 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 (NYSE:CB) last released its quarterly earnings results on Tuesday, February 3rd. The financial services provider reported $7.52 earnings per share for the quarter, beating 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 business 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 earnings per share. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. As a group, equities research analysts predict that Chubb Limited will post 21.52 EPS for the current fiscal year.

Chubb Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Friday, March 13th will be given a $0.97 dividend. The ex-dividend date is Friday, March 13th. This represents a $3.88 dividend on an annualized basis and a yield of 1.2%. Chubb’s payout ratio is presently 15.08%.

Insider Buying and Selling

In other news, CEO Evan G. Greenberg sold 15,060 shares of the company’s stock in a transaction on 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 sale, the chief executive officer owned 511,576 shares of the company’s stock, valued at approximately $169,572,096.72. This represents a 2.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Timothy Alan Boroughs sold 27,817 shares of the stock in a transaction on 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 transaction, the executive vice president directly owned 11,810 shares in the company, valued at approximately $3,920,683.80. This represents a 70.20% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.77% of the stock is owned by company insiders.

Chubb 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.