Mackenzie Financial Corp Purchases 8,196 Shares of Chubb Limited $CB

Mackenzie Financial Corp raised its position in Chubb Limited (NYSE:CB) by 6.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 133,138 shares of the financial services provider’s stock after acquiring an additional 8,196 shares during the quarter. Mackenzie Financial Corp’s holdings in Chubb were worth $37,578,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of CB. Westbourne Investment Advisors Inc. increased its holdings in shares of Chubb by 12.3% during the 3rd quarter. Westbourne Investment Advisors Inc. now owns 22,233 shares of the financial services provider’s stock worth $6,275,000 after acquiring an additional 2,427 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in Chubb by 166.3% during the 3rd quarter. Sivia Capital Partners LLC now owns 3,707 shares of the financial services provider’s stock valued at $1,046,000 after purchasing an additional 2,315 shares during the last quarter. Caprock Group LLC acquired a new stake in Chubb during the 3rd quarter valued at $3,123,000. Liberty One Investment Management LLC acquired a new stake in Chubb during the 3rd quarter valued at $51,167,000. Finally, Cooke & Bieler LP lifted its holdings in Chubb by 21.3% during the 3rd quarter. Cooke & Bieler LP now owns 606,011 shares of the financial services provider’s stock valued at $171,047,000 after purchasing an additional 106,237 shares during the last quarter. Institutional investors own 83.81% of the company’s stock.

Chubb News Summary

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

Analysts Set New Price Targets

CB has been the topic of several research analyst reports. Roth Mkm increased their price objective on shares of Chubb from $330.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Citizens Jmp restated a “market outperform” rating and set a $350.00 target price on shares of Chubb in a research note on Wednesday, February 4th. BMO Capital Markets lifted their target price on shares of Chubb from $283.00 to $326.00 and gave the stock a “market perform” rating in a report on Tuesday, February 10th. Raymond James Financial upped their price target on shares of Chubb from $340.00 to $380.00 and gave the company a “strong-buy” rating in a research note on Monday, February 9th. Finally, Cantor Fitzgerald increased their price target on shares of Chubb from $300.00 to $309.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. 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 given a Sell rating to the company. According to data from MarketBeat.com, Chubb has an average rating of “Hold” and a consensus price target of $340.81.

Chubb Trading Up 2.2%

Shares of CB stock opened at $329.85 on Friday. The stock’s fifty day moving average price is $319.17 and its two-hundred day moving average price is $299.00. The company has a market cap of $128.69 billion, a PE ratio of 12.82, a P/E/G ratio of 2.02 and a beta of 0.46. Chubb Limited has a fifty-two week low of $264.10 and a fifty-two week high of $345.67. 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 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 return on equity of 13.15% and a net margin of 17.36%.The company had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $11.11 billion. During the same quarter in the previous year, the firm earned $6.02 EPS. Chubb’s revenue was up 8.9% on a year-over-year basis. Equities analysts predict that Chubb Limited will post 21.52 EPS for the current fiscal year.

Chubb Dividend Announcement

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

Insider Transactions at Chubb

In related news, EVP Timothy Alan Boroughs sold 27,817 shares of Chubb stock in a transaction that occurred 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 sale, the executive vice president directly owned 11,810 shares of the company’s stock, valued at approximately $3,920,683.80. The trade was a 70.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 transaction of $4,991,938.20. Following the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. 0.77% of the stock is currently owned by corporate 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.