Representative Jefferson Shreve (R-Indiana) recently sold shares of Chubb Limited NYSE: CB. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in Chubb stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
- Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
- Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
- Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
- Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.
Chubb Stock Performance
NYSE CB traded down $0.90 on Friday, reaching $269.28. The stock had a trading volume of 2,979,052 shares, compared to its average volume of 2,031,676. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.34. Chubb Limited has a 12-month low of $252.16 and a 12-month high of $306.91. The business's 50-day moving average price is $285.03 and its 200 day moving average price is $282.24. The stock has a market cap of $107.91 billion, a P/E ratio of 11.88, a price-to-earnings-growth ratio of 3.08 and a beta of 0.53.
Chubb (NYSE:CB - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The financial services provider reported $6.14 EPS for the quarter, beating analysts' consensus estimates of $5.84 by $0.30. The business had revenue of $14.20 billion for the quarter, compared to analysts' expectations of $12.53 billion. Chubb had a net margin of 16.08% and a return on equity of 12.34%. The company's quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the company posted $5.38 EPS. As a group, equities analysts expect that Chubb Limited will post 21.52 earnings per share for the current year.
Chubb declared that its board has approved a stock repurchase program on Thursday, May 15th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the financial services provider to buy up to 4.3% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.
Chubb Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Friday, June 13th were given a $0.97 dividend. The ex-dividend date of this dividend was Friday, June 13th. This is a boost from Chubb's previous quarterly dividend of $0.91. This represents a $3.88 dividend on an annualized basis and a dividend yield of 1.44%. Chubb's dividend payout ratio is 17.12%.
Insider Activity at Chubb
In related news, insider John J. Lupica sold 5,513 shares of Chubb stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $290.06, for a total transaction of $1,599,100.78. Following the completion of the transaction, the insider directly owned 91,180 shares in the company, valued at $26,447,670.80. The trade was a 5.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO John W. Keogh sold 9,794 shares of the stock in a transaction on Friday, June 6th. The shares were sold at an average price of $292.99, for a total value of $2,869,544.06. Following the sale, the chief operating officer owned 247,538 shares in the company, valued at approximately $72,526,158.62. This trade represents a 3.81% decrease in their position. The disclosure for this sale can be found here. Insiders sold 100,390 shares of company stock worth $29,163,135 over the last quarter. Company insiders own 0.77% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on CB. Piper Sandler reaffirmed a "neutral" rating and issued a $283.00 target price (down from $335.00) on shares of Chubb in a report on Thursday. Barclays downgraded Chubb from an "overweight" rating to an "equal weight" rating and reduced their price objective for the company from $321.00 to $298.00 in a research note on Monday, July 7th. Deutsche Bank Aktiengesellschaft downgraded Chubb from a "buy" rating to a "hold" rating and set a $303.00 target price on the stock. in a research note on Tuesday, May 20th. UBS Group boosted their target price on Chubb from $303.00 to $304.00 and gave the company a "neutral" rating in a report on Monday, April 28th. Finally, JPMorgan Chase & Co. increased their price target on Chubb from $300.00 to $307.00 and gave the stock a "neutral" rating in a report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, five have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Chubb has a consensus rating of "Moderate Buy" and an average price target of $302.64.
Get Our Latest Stock Analysis on Chubb
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in CB. California Public Employees Retirement System raised its stake in shares of Chubb by 1.1% during the 4th quarter. California Public Employees Retirement System now owns 1,350,381 shares of the financial services provider's stock worth $373,110,000 after buying an additional 14,610 shares during the last quarter. Canopy Partners LLC increased its holdings in Chubb by 94.4% during the 4th quarter. Canopy Partners LLC now owns 4,818 shares of the financial services provider's stock valued at $1,331,000 after acquiring an additional 2,340 shares in the last quarter. Vista Investment Partners II LLC acquired a new position in Chubb during the fourth quarter worth about $2,442,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Chubb by 15.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,753,719 shares of the financial services provider's stock valued at $760,853,000 after purchasing an additional 366,559 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Chubb in the fourth quarter valued at approximately $1,158,897,000. 83.81% of the stock is owned by hedge funds and other institutional investors.
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
Chubb Company Profile
(
Get Free Report)
Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses.
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