Mackenzie Financial Corp Has $37.58 Million Position in Chubb Limited $CB

Mackenzie Financial Corp raised its position in Chubb Limited (NYSE:CB) by 6.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 133,138 shares of the financial services provider’s stock after buying an additional 8,196 shares during the period. Mackenzie Financial Corp’s holdings in Chubb were worth $37,578,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Harbor Capital Advisors Inc. grew its holdings in shares of Chubb by 93.6% during 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 last quarter. Cedar Mountain Advisors LLC raised its holdings in Chubb by 155.6% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 92 shares of the financial services provider’s stock valued at $26,000 after buying an additional 56 shares during the last quarter. VSM Wealth Advisory LLC acquired a new stake in Chubb during the 2nd quarter worth approximately $32,000. Cornerstone Planning Group LLC boosted its position in Chubb by 81.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 118 shares of the financial services provider’s stock worth $33,000 after buying an additional 53 shares during the period. Finally, Heartwood Wealth Advisors LLC bought a new stake in Chubb during the 3rd quarter worth approximately $34,000. 83.81% of the stock is owned by institutional investors and hedge funds.

More Chubb News

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

Insider Transactions at Chubb

In related news, EVP Timothy Alan Boroughs sold 27,817 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was 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 directly owned 11,810 shares of the company’s stock, valued at $3,920,683.80. The trade was a 70.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Evan G. Greenberg sold 15,060 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $331.47, for a total value of $4,991,938.20. Following the transaction, the chief executive officer directly owned 511,576 shares in the company, valued at approximately $169,572,096.72. This trade represents a 2.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.77% of the company’s stock.

Chubb Stock Up 2.2%

Chubb stock opened at $329.85 on Friday. The company has a market capitalization of $128.69 billion, a PE ratio of 12.82, a PEG ratio of 2.02 and a beta of 0.46. Chubb Limited has a 12-month low of $264.10 and a 12-month high of $345.67. The firm’s fifty day moving average is $319.17 and its 200 day moving average is $299.00. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.20.

Chubb (NYSE:CB) last posted its quarterly earnings results on Tuesday, February 3rd. The financial services provider reported $7.52 EPS for the quarter, topping analysts’ consensus estimates of $6.33 by $1.19. Chubb had a net margin of 17.36% and a return on equity of 13.15%. The business had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $11.11 billion. During the same period last year, the company posted $6.02 earnings per share. The business’s quarterly revenue was up 8.9% on a year-over-year basis. As a group, sell-side 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. Stockholders of record on Friday, March 13th will be paid a $0.97 dividend. The ex-dividend date is Friday, March 13th. This represents a $3.88 annualized dividend and a dividend yield of 1.2%. Chubb’s dividend payout ratio (DPR) is currently 15.08%.

Analysts Set New Price Targets

CB has been the subject of several recent research reports. Jefferies Financial Group upped their price target on shares of Chubb from $326.00 to $333.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. Keefe, Bruyette & Woods lifted their price target on shares of Chubb from $355.00 to $373.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Bank of America reduced their price objective on shares of Chubb from $279.00 to $259.00 and set an “underperform” rating on the stock in a research note on Friday, January 16th. Wells Fargo & Company raised their target price on Chubb from $305.00 to $322.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 5th. Finally, Piper Sandler lifted their target price on Chubb from $283.00 to $319.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $340.81.

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.