Teachers Retirement System of The State of Kentucky Acquires 36,000 Shares of Chubb Limited $CB

Teachers Retirement System of The State of Kentucky boosted its holdings in Chubb Limited (NYSE:CB) by 16.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 259,587 shares of the financial services provider’s stock after acquiring an additional 36,000 shares during the period. Chubb accounts for 0.7% of Teachers Retirement System of The State of Kentucky’s holdings, making the stock its 14th biggest position. Teachers Retirement System of The State of Kentucky’s holdings in Chubb were worth $84,607,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LGT Fund Management Co Ltd. boosted its holdings in shares of Chubb by 57.3% during the 1st quarter. LGT Fund Management Co Ltd. now owns 45,791 shares of the financial services provider’s stock worth $14,925,000 after buying an additional 16,672 shares during the period. Diversify Wealth Management LLC acquired a new position in shares of Chubb in the first quarter valued at approximately $924,000. Pittenger & Anderson Inc. grew its position in shares of Chubb by 2.7% in the first quarter. Pittenger & Anderson Inc. now owns 61,174 shares of the financial services provider’s stock valued at $19,938,000 after purchasing an additional 1,589 shares during the last quarter. Carnegie Investment Counsel increased its stake in shares of Chubb by 3.2% during the first quarter. Carnegie Investment Counsel now owns 160,792 shares of the financial services provider’s stock worth $50,604,000 after purchasing an additional 4,967 shares during the period. Finally, Ferguson Wellman Capital Management Inc. acquired a new stake in Chubb during the 1st quarter worth approximately $2,150,000. 83.81% of the stock is owned by institutional investors.

Chubb Stock Performance

Shares of Chubb stock opened at $347.43 on Monday. The company’s 50 day moving average price is $329.91 and its two-hundred day moving average price is $324.60. The firm has a market capitalization of $134.75 billion, a P/E ratio of 12.27, a P/E/G ratio of 1.78 and a beta of 0.40. Chubb Limited has a fifty-two week low of $264.10 and a fifty-two week high of $365.29. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.28 and a quick ratio of 0.28.

Chubb (NYSE:CB) last announced its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $6.82 earnings per share (EPS) for the quarter. Chubb had a net margin of 18.58% and a return on equity of 14.30%. The company had revenue of $14.93 billion during the quarter. On average, equities analysts forecast that Chubb Limited will post 26.76 earnings per share for the current fiscal year.

Chubb Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th were given a $1.02 dividend. This is a boost from Chubb’s previous quarterly dividend of $0.97. This represents a $4.08 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, June 12th. Chubb’s dividend payout ratio is 14.41%.

Insider Buying and Selling

In other news, COO John W. Keogh sold 23,000 shares of Chubb stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $321.51, for a total transaction of $7,394,730.00. Following the sale, the chief operating officer directly owned 203,322 shares of the company’s stock, valued at approximately $65,370,056.22. This trade represents a 10.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.37% of the company’s stock.

Key Headlines Impacting Chubb

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Citizens JMP raised its price target on Chubb to $400 from $365 and kept an “market outperform” rating, signaling meaningful upside from current levels. Citizens JMP raises Chubb price target to $400
• Positive Sentiment: Wells Fargo also lifted its target on Chubb to $358 from $333, while maintaining an “equal weight” view, suggesting improved expectations even without a bullish stance. Wells Fargo raises Chubb price target to $358
• Positive Sentiment: Zacks highlighted Chubb’s capital deployment strategy, saying its steady dividends, share buybacks and reinvestment reflect financial discipline and resilience, which can support long-term shareholder returns. Zacks article on Chubb capital deployment
• Neutral Sentiment: Mizuho issued a positive forecast for Chubb, but later lifted its target only modestly to $352 while keeping a “neutral” rating, which is supportive but not strongly bullish. Mizuho positive forecast for Chubb
• Neutral Sentiment: UBS remained at “hold” on Chubb, reinforcing the view that some analysts see fair value at current levels rather than a clear breakout opportunity. UBS remains a hold on Chubb

Analysts Set New Price Targets

A number of research analysts have commented on CB shares. Mizuho upped their price objective on Chubb from $335.00 to $352.00 and gave the company a “neutral” rating in a report on Thursday. Wolfe Research raised their price target on shares of Chubb from $372.00 to $373.00 and gave the stock an “outperform” rating in a research report on Monday, April 6th. Keefe, Bruyette & Woods boosted their price objective on shares of Chubb from $374.00 to $389.00 and gave the company an “outperform” rating in a report on Wednesday, July 8th. Piper Sandler raised their target price on shares of Chubb from $328.00 to $340.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Finally, Morgan Stanley boosted their price target on Chubb from $330.00 to $340.00 and gave the company an “equal weight” rating in a research note on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $358.81.

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.