Beacon Financial Group Takes Position in Chubb Limited $CB

Beacon Financial Group purchased a new position in shares of Chubb Limited (NYSE:CB) during the first quarter, HoldingsChannel reports. The firm purchased 10,151 shares of the financial services provider’s stock, valued at approximately $3,309,000.

A number of other hedge funds also recently modified their holdings of the business. CBIZ Investment Advisory Services LLC increased its holdings in Chubb by 148.5% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 82 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 49 shares during the period. Merkkuri Wealth Advisors LLC acquired a new position in Chubb during the 1st quarter worth about $29,000. KERR FINANCIAL PLANNING Corp acquired a new position in Chubb during the 3rd quarter worth about $31,000. Laurel Wealth Advisors LLC acquired a new position in Chubb during the 4th quarter worth about $31,000. Finally, Ares Financial Consulting LLC bought a new stake in shares of Chubb in the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 83.81% of the company’s stock.

Analyst Upgrades and Downgrades

CB has been the subject of several recent research reports. Piper Sandler increased their price target on Chubb from $328.00 to $340.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. BMO Capital Markets lifted their price objective on Chubb from $326.00 to $339.00 and gave the stock a “market perform” rating in a research note on Friday, April 24th. The Goldman Sachs Group upped their target price on Chubb from $362.00 to $386.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Wells Fargo & Company increased their target price on shares of Chubb from $333.00 to $358.00 and gave the company an “equal weight” rating in a research report on Thursday. Finally, Morgan Stanley raised their price target on shares of Chubb from $330.00 to $340.00 and gave the stock an “equal weight” rating in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $355.95.

Insider Buying and Selling

In related news, COO John W. Keogh sold 23,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief operating officer directly owned 203,322 shares of the company’s stock, valued at approximately $65,370,056.22. This represents a 10.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.37% of the stock is owned by insiders.

Key Stories Impacting Chubb

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target on Chubb to $389 from $374 and kept an outperform rating, signaling confidence in further upside. Article Link
• Positive Sentiment: Wells Fargo lifted its price target to $358 from $333, though it maintained an equal weight rating, suggesting a modestly improved valuation outlook. Article Link
• Positive Sentiment: Mizuho also raised its target to $352 from $335 and reiterated a neutral view, adding to the overall analyst optimism around Chubb’s price trajectory. Article Link
• Positive Sentiment: Zacks highlighted Chubb’s disciplined capital deployment, including dividend growth, buybacks, and reinvestment, which can support long-term shareholder returns. Article Link
• Neutral Sentiment: UBS kept Chubb at hold, reflecting a more cautious stance compared with the higher-target upgrades from other firms. Article Link
• Neutral Sentiment: Recent trading commentary noted that Chubb has been moving a bit more weakly than the broader market, suggesting near-term sentiment has been mixed. Article Link

Chubb Stock Down 2.3%

Shares of Chubb stock opened at $347.00 on Friday. The stock’s 50-day moving average is $329.48 and its 200 day moving average is $324.34. Chubb Limited has a one year low of $264.10 and a one year high of $365.29. The firm has a market cap of $134.59 billion, a price-to-earnings ratio of 12.25, a PEG ratio of 1.82 and a beta of 0.40. 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 posted its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $6.82 earnings per share for the quarter. Chubb had a net margin of 18.58% and a return on equity of 14.30%. The firm had revenue of $14.93 billion during the quarter. Equities research analysts anticipate that Chubb Limited will post 26.77 EPS for the current year.

Chubb Increases Dividend

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

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.