Martingale Asset Management L P Sells 5,795 Shares of Chubb Limited $CB

Martingale Asset Management L P lessened its position in Chubb Limited (NYSE:CBFree Report) by 7.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 72,566 shares of the financial services provider’s stock after selling 5,795 shares during the period. Martingale Asset Management L P’s holdings in Chubb were worth $20,482,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Chubb by 12.8% during the 4th quarter. Brighton Jones LLC now owns 1,945 shares of the financial services provider’s stock valued at $537,000 after purchasing an additional 221 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in Chubb during the fourth quarter worth about $205,000. Woodline Partners LP increased its holdings in shares of Chubb by 13.0% during the first quarter. Woodline Partners LP now owns 12,599 shares of the financial services provider’s stock worth $3,805,000 after buying an additional 1,449 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Chubb by 14.4% during the second quarter. Sivia Capital Partners LLC now owns 1,392 shares of the financial services provider’s stock worth $403,000 after buying an additional 175 shares in the last quarter. Finally, AE Wealth Management LLC raised its stake in shares of Chubb by 36.0% in the second quarter. AE Wealth Management LLC now owns 4,095 shares of the financial services provider’s stock valued at $1,186,000 after acquiring an additional 1,083 shares during the last quarter. Institutional investors own 83.81% of the company’s stock.

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 Activity

In other Chubb news, CEO Evan G. Greenberg sold 15,060 shares of the business’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $331.47, for a total transaction of $4,991,938.20. Following the completion of the sale, the chief executive officer directly owned 511,576 shares of the company’s stock, valued at approximately $169,572,096.72. The trade was a 2.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Timothy Alan Boroughs sold 27,817 shares of the company’s stock in a transaction dated 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 owned 11,810 shares in the company, valued at approximately $3,920,683.80. The trade was a 70.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.77% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Barclays boosted their target price on Chubb from $317.00 to $339.00 and gave the stock an “equal weight” rating in a report on Thursday, January 8th. Evercore raised their price target on Chubb from $346.00 to $347.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Jefferies Financial Group boosted their price objective on Chubb from $326.00 to $333.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th. Cantor Fitzgerald increased their target price on Chubb from $300.00 to $309.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Finally, Bank of America lowered their target price on Chubb from $279.00 to $259.00 and set an “underperform” rating for the company in a research note on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $340.81.

Read Our Latest Research Report on CB

Chubb Stock Performance

Shares of Chubb stock opened at $329.85 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.27 and a quick ratio of 0.27. The firm has a 50 day simple moving average of $319.17 and a 200 day simple moving average of $299.00. Chubb Limited has a fifty-two week low of $264.10 and a fifty-two week high of $345.67. The firm has a market cap 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.

Chubb (NYSE:CBGet Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The financial services provider reported $7.52 EPS for the quarter, beating analysts’ consensus estimates of $6.33 by $1.19. The firm had revenue of $2.08 billion for the quarter, compared to analyst estimates of $11.11 billion. Chubb had a return on equity of 13.15% and a net margin of 17.36%.The business’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period last year, the company earned $6.02 EPS. Sell-side analysts predict that Chubb Limited will post 21.52 earnings per share for the current fiscal year.

Chubb Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 6th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, March 13th. Chubb’s dividend payout ratio is 15.08%.

About Chubb

(Free Report)

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.

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Institutional Ownership by Quarter for Chubb (NYSE:CB)

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