Chubb Limited $CB Shares Sold by State of Michigan Retirement System

Key Points

• State of Michigan Retirement System trimmed its stake in Chubb by 4.5% in Q4 to 95,787 shares worth about $29.9 million, and institutional investors and hedge funds now own roughly 83.8% of the stock.
• Company insiders have been selling recently: EVP Timothy Boroughs sold 27,817 shares (~$9.23M) and insiders disposed of 44,877 shares worth about $14.9M in the past 90 days, leaving insiders with roughly 0.37% ownership.
• Chubb beat Q1 expectations with EPS of $6.82 (vs. $6.58 est.) and revenue of $14.93B (vs. $13.51B est.), but analyst coverage is mixed with a MarketBeat consensus rating of Hold and a consensus price target near $349.33.

State of Michigan Retirement System lowered its position in shares of Chubb Limited (NYSE:CB - Free Report) by 4.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 95,787 shares of the financial services provider's stock after selling 4,500 shares during the quarter. State of Michigan Retirement System's holdings in Chubb were worth $29,897,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Spire Wealth Management raised its holdings in shares of Chubb by 490.5% in the 4th quarter. Spire Wealth Management now owns 8,615 shares of the financial services provider's stock worth $2,689,000 after purchasing an additional 7,156 shares in the last quarter. Chesley Taft & Associates LLC boosted its holdings in Chubb by 7.4% during the fourth quarter. Chesley Taft & Associates LLC now owns 102,427 shares of the financial services provider's stock worth $31,970,000 after buying an additional 7,043 shares in the last quarter. Pallas Capital Advisors LLC grew its position in Chubb by 42.3% in the fourth quarter. Pallas Capital Advisors LLC now owns 14,243 shares of the financial services provider's stock worth $4,446,000 after buying an additional 4,233 shares during the last quarter. Westbourne Investment Advisors Inc. grew its position in Chubb by 12.3% in the third quarter. Westbourne Investment Advisors Inc. now owns 22,233 shares of the financial services provider's stock worth $6,275,000 after buying an additional 2,427 shares during the last quarter. Finally, Caprock Group LLC bought a new position in shares of Chubb in the third quarter valued at $3,123,000. 83.81% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Timothy Alan Boroughs sold 27,817 shares of the company's stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $331.98, for a total value of $9,234,687.66. Following the transaction, the executive vice president owned 11,810 shares in the company, valued at $3,920,683.80. This represents a 70.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Olivier Steimer sold 2,000 shares of the stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $329.30, for a total transaction of $658,600.00. Following the completion of the sale, the director directly owned 25,468 shares of the company's stock, valued at $8,386,612.40. This trade represents a 7.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 44,877 shares of company stock worth $14,885,226. 0.37% of the stock is currently owned by company insiders.

Chubb Trading Down 0.0%

NYSE CB opened at $326.05 on Monday. The firm's 50 day moving average price is $329.16 and its two-hundred day moving average price is $310.11. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.27 and a current ratio of 0.34. Chubb Limited has a twelve month low of $264.10 and a twelve month high of $345.67. The stock has a market cap of $127.23 billion, a price-to-earnings ratio of 11.51, a PEG ratio of 1.68 and a beta of 0.49.

Chubb (NYSE:CB - Get Free Report) last released its earnings results on Tuesday, April 21st. The financial services provider reported $6.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.58 by $0.24. The company had revenue of $14.93 billion during the quarter, compared to analyst estimates of $13.51 billion. Chubb had a return on equity of 14.30% and a net margin of 18.58%.During the same quarter in the prior year, the company earned $3.68 earnings per share. Equities analysts anticipate that Chubb Limited will post 26.65 EPS for the current year.

Chubb Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CB. Barclays raised their price objective on Chubb from $374.00 to $375.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 22nd. Citigroup boosted their target price on Chubb from $335.00 to $385.00 and gave the stock a "buy" rating in a research report on Monday, February 9th. Roth Mkm upped their target price on Chubb from $330.00 to $360.00 and gave the company a "buy" rating in a report on Wednesday, February 4th. Jefferies Financial Group decreased their price target on Chubb from $356.00 to $352.00 and set a "hold" rating for the company in a research report on Thursday. Finally, Morgan Stanley set a $350.00 price target on Chubb in a research note on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $349.33.

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 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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