Rep. Kevin Hern Unloads Shares of Chubb Limited (NYSE:CB)

Key Points

• Rep. Kevin Hern sold Chubb shares valued between $1,001 and $15,000 on September 23 through the HERN FAMILY FOUNDATION account. He also reported selling shares of several other companies, including NextEra Energy, Lockheed Martin, Devon Energy, Starbucks, and UnitedHealth Group.
• Chubb shares opened at $350.05, up 1.1%, with a market capitalization of approximately $135.1 billion. The company recently reported quarterly EPS of $7.26, beating analyst estimates, while revenue increased 3.6% year over year.
• Chubb declared a quarterly dividend of $1.02, equivalent to an annualized $4.08 payout and a 1.2% yield. Analysts largely maintain a “Hold” consensus, with an average price target of $358.36.

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Chubb Limited NYSE: CB. In a filing disclosed on October 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Chubb stock on September 23rd. The trade occurred in the Representative's "HERN FAMILY FOUNDATION" account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 10/2/2026.
• Sold $15,001 - $50,000 in shares of Lockheed Martin NYSE: LMT on 9/23/2026.
• Sold $50,001 - $100,000 in shares of Devon Energy NYSE: DVN on 9/23/2026.
• Sold $15,001 - $50,000 in shares of Devon Energy NYSE: DVN on 9/23/2026.
• Sold $15,001 - $50,000 in shares of Starbucks NASDAQ: SBUX on 9/23/2026.
• Sold $50,001 - $100,000 in shares of Marsh & McLennan Companies NYSE: MRSH on 9/23/2026.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 9/23/2026.
• Sold $15,001 - $50,000 in shares of UnitedHealth Group NYSE: UNH on 9/23/2026.
• Sold $15,001 - $50,000 in shares of Chevron NYSE: CVX on 9/23/2026.
• Sold $15,001 - $50,000 in shares of Lockheed Martin NYSE: LMT on 9/17/2026.

Chubb Stock Up 1.1%

Shares of CB opened at $350.05 on Thursday. Chubb Limited has a 52-week low of $265.30 and a 52-week high of $365.91. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.22. The stock has a fifty day simple moving average of $340.26 and a two-hundred day simple moving average of $335.98. The company has a market capitalization of $135.05 billion, a PE ratio of 11.90, a price-to-earnings-growth ratio of 1.52 and a beta of 0.36.

Chubb (NYSE:CB - Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $7.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.77 by $0.49. The firm had revenue of $11.97 billion during the quarter, compared to analyst estimates of $15.07 billion. Chubb had a net margin of 18.10% and a return on equity of 14.47%. Chubb's quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $6.14 earnings per share. As a group, equities analysts forecast that Chubb Limited will post 27.68 EPS for the current year.

Chubb Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 11th were issued a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, September 11th. Chubb's dividend payout ratio is presently 14.43%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Mizuho dropped their price target on shares of Chubb from $347.00 to $336.00 and set a "neutral" rating for the company in a research report on Wednesday, October 7th. Morgan Stanley dropped their target price on shares of Chubb from $360.00 to $350.00 and set an "equal weight" rating for the company in a report on Tuesday, October 6th. Barclays set a $387.00 target price on Chubb in a research report on Tuesday, July 7th. Weiss Ratings cut Chubb from a "buy (a-)" rating to a "buy (b)" rating in a research note on Friday, October 2nd. Finally, Wells Fargo & Company lowered their price target on Chubb from $356.00 to $343.00 and set an "equal weight" rating for the company in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Chubb currently has an average rating of "Hold" and an average target price of $358.36.

Insider Activity at Chubb

In related news, Director Michael P. Connors sold 5,500 shares of the firm's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $345.00, for a total transaction of $1,897,500.00. Following the sale, the director directly owned 12,803 shares in the company, valued at $4,417,035. This trade represents a 30.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Joseph Wayland sold 8,502 shares of the business's stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $364.54, for a total transaction of $3,099,319.08. Following the completion of the sale, the executive vice president directly owned 33,749 shares in the company, valued at $12,302,860.46. This represents a 20.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.37% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CB. Janney Montgomery Scott LLC increased its stake in Chubb by 1.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 315,893 shares of the financial services provider's stock worth $102,959,000 after purchasing an additional 5,225 shares in the last quarter. Equitable Holdings Inc. acquired a new stake in Chubb during the 2nd quarter worth approximately $4,139,000. Berkshire Hathaway Inc acquired a new stake in Chubb during the 2nd quarter worth approximately $11,670,067,000. XXEC Inc. bought a new position in Chubb in the second quarter valued at approximately $26,210,000. Finally, Douglas Lane & Associates LLC lifted its stake in Chubb by 2,748.0% in the third quarter. Douglas Lane & Associates LLC now owns 467,591 shares of the financial services provider's stock valued at $152,084,000 after buying an additional 451,173 shares in the last quarter. Hedge funds and other institutional investors own 83.81% of the company's stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma's 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027. Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma's 1st Congressional District. He declared candidacy for the 2026 election. Kevin Hern went into business as a McDonald's franchisee in 1999. He acquired 10 McDonald's franchises by 2012. He served on the McDonald's National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About Chubb

Chubb Limited NYSE: CB is a global insurance company that provides property and casualty, accident and health, life, and reinsurance products and services. Its offerings serve individuals, businesses, multinational corporations, and institutional customers.

The company provides commercial and personal property and casualty coverage, including general liability, commercial property, professional liability, cyber insurance, workers' compensation, homeowners insurance, automobile coverage, and specialty insurance.

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