Calamos Advisors LLC Cuts Holdings in Chubb Limited $CB

Key Points

• Calamos Advisors cut its Chubb stake by 18.7% in Q4, selling 36,928 shares and leaving 161,014 shares valued at about $50.26 million.
• Chubb outperformed Q1 estimates, reporting $6.82 EPS vs. $6.58 expected and $14.93 billion in revenue vs. $13.51 billion, prompting several analysts to raise price targets.
• Large institutional and insider activity: Berkshire Hathaway now holds 31.33 million shares (~$8.84 billion), institutional investors own 83.81% of the stock, while insiders have sold roughly 44,877 shares (~$14.9 million) over the past three months.

Calamos Advisors LLC lowered its stake in shares of Chubb Limited (NYSE:CB - Free Report) by 18.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 161,014 shares of the financial services provider's stock after selling 36,928 shares during the quarter. Calamos Advisors LLC's holdings in Chubb were worth $50,256,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Berkshire Hathaway Inc lifted its stake in Chubb by 15.9% during the third quarter. Berkshire Hathaway Inc now owns 31,332,895 shares of the financial services provider's stock worth $8,843,710,000 after purchasing an additional 4,299,111 shares during the last quarter. State Street Corp increased its position in shares of Chubb by 0.4% during the 3rd quarter. State Street Corp now owns 17,045,793 shares of the financial services provider's stock valued at $4,827,852,000 after purchasing an additional 68,553 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Chubb by 9.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 5,053,497 shares of the financial services provider's stock valued at $1,426,475,000 after buying an additional 427,512 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Chubb by 11.6% during the 2nd quarter. Bank of America Corp DE now owns 4,929,858 shares of the financial services provider's stock valued at $1,428,278,000 after buying an additional 513,852 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in Chubb by 75.1% in the 3rd quarter. AQR Capital Management LLC now owns 2,798,546 shares of the financial services provider's stock worth $785,468,000 after buying an additional 1,199,963 shares during the last quarter. 83.81% of the stock is currently owned by hedge funds and other institutional investors.

Chubb News Roundup

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Q1 results and revenue: Chubb beat Q1 expectations with robust revenue growth and better‑than‑expected earnings, and management described profits holding up amid softer market conditions — a clear fundamental positive for insurers. CB Q1 2026 Earnings Call Highlights
• Positive Sentiment: Berkshire / Warren Buffett support: Berkshire Hathaway has a large and growing position in Chubb, underscoring long‑term institutional confidence in Chubb’s diversified business model and shareholder returns, which can support investor sentiment. Chubb Has Warren Buffett’s Confidence
• Positive Sentiment: Analyst upgrades/target raises: Several brokers raised price targets or maintained buy/outperform views (HSBC to $370, Keefe Bruyette & Woods to $374, Evercore to $349), signaling upside potential from analysts who focus on Chubb’s earnings strength. HSBC target raise Keefe Bruyette & Woods target raise Evercore target raise
• Neutral Sentiment: Analyst conflict / mixed coverage: Several articles note conflicting analyst views on Chubb and other financial names, which can increase short‑term volatility even when fundamentals look solid. Analysts Conflicted on These Financial Names
• Neutral Sentiment: Earnings call tone: Management’s call was upbeat on profits but noted softening market conditions — supportive for medium‑term outlook but a caveat for near‑term margin/volume risk. Earnings Call Highlights
• Negative Sentiment: Price‑target cut from Jefferies: Jefferies trimmed its target to $352 and kept a hold rating, which may have weighed on sentiment for traders focused on near‑term technicals; Piper Sandler’s neutral view (target $328) adds to mixed outlook. Jefferies target cut Piper Sandler neutral

Chubb Price Performance

Shares of Chubb stock opened at $326.05 on Friday. The company's fifty day simple moving average is $329.16 and its two-hundred day simple moving average is $309.81. Chubb Limited has a 12-month low of $264.10 and a 12-month high of $345.67. The firm has a market cap of $127.23 billion, a PE ratio of 11.51, a price-to-earnings-growth ratio of 1.69 and a beta of 0.49. The company has a quick ratio of 0.27, a current ratio of 0.34 and a debt-to-equity ratio of 0.20.

Chubb (NYSE:CB - Get Free Report) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $6.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.58 by $0.24. Chubb had a return on equity of 14.30% and a net margin of 18.58%.The company had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $13.51 billion. During the same period last year, the firm earned $3.68 earnings per share. As a group, equities analysts expect that Chubb Limited will post 26.64 EPS for the current year.

Chubb Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Friday, March 13th were given a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, March 13th. Chubb's dividend payout ratio (DPR) is currently 13.70%.

Analyst Ratings Changes

Several analysts have issued reports on the company. Raymond James Financial upped their target price on Chubb from $340.00 to $380.00 and gave the stock a "strong-buy" rating in a research note on Monday, February 9th. Evercore boosted their price objective on shares of Chubb from $347.00 to $349.00 and gave the stock an "outperform" rating in a report on Wednesday. Citigroup upped their price objective on shares of Chubb from $335.00 to $385.00 and gave the company a "buy" rating in a research note on Monday, February 9th. Barclays increased their target price on shares of Chubb from $374.00 to $375.00 and gave the company an "equal weight" rating in a report on Wednesday. Finally, Morgan Stanley set a $350.00 target price on shares of Chubb in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $348.71.

Insider Activity

In related news, CEO Evan G. Greenberg sold 15,060 shares of Chubb stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $331.47, for a total value of $4,991,938.20. Following the sale, the chief executive officer owned 511,576 shares in the company, valued at $169,572,096.72. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Timothy Alan Boroughs sold 27,817 shares of the business's stock in a transaction 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 transaction, the executive vice president directly owned 11,810 shares in the company, valued at approximately $3,920,683.80. The trade was a 70.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 44,877 shares of company stock valued at $14,885,226. Company insiders own 0.37% of the company's stock.

Chubb Company 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.

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