Rep. Robert Bresnahan, Jr. Sells Chubb Limited (NYSE:CB) Shares

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Chubb Limited NYSE: CB. In a filing disclosed on June 23rd, the Representative disclosed that they had sold between $1,001 and $15,000 in Chubb stock on June 13th. The trade occurred in the Representative's "LPL ACCOUNT I" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Zoom Communications NASDAQ: ZM on 6/25/2025.
• Purchased $1,001 - $15,000 in shares of Coinbase Global NASDAQ: COIN on 6/24/2025.
• Purchased $1,001 - $15,000 in shares of Circle Internet Group NYSE: CRCL on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Atlassian NASDAQ: TEAM on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of ServiceTitan NASDAQ: TTAN on 6/11/2025.
• Sold $1,001 - $15,000 in shares of Datadog NASDAQ: DDOG on 6/11/2025.
• Sold $1,001 - $15,000 in shares of GitLab NASDAQ: GTLB on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.
• Sold $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 6/11/2025.

Chubb Price Performance

Shares of Chubb stock traded up $1.05 during mid-day trading on Monday, reaching $275.18. 304,980 shares of the stock were exchanged, compared to its average volume of 1,643,242. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. The company has a market cap of $110.27 billion, a price-to-earnings ratio of 13.25, a price-to-earnings-growth ratio of 3.05 and a beta of 0.53. Chubb Limited has a fifty-two week low of $252.16 and a fifty-two week high of $306.91. The firm has a 50-day simple moving average of $286.14 and a 200 day simple moving average of $282.31.

Chubb (NYSE:CB - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $3.68 earnings per share for the quarter, topping the consensus estimate of $3.28 by $0.40. Chubb had a net margin of 15.05% and a return on equity of 12.37%. The business had revenue of $12.65 billion for the quarter, compared to analyst estimates of $11.22 billion. On average, sell-side analysts predict that Chubb Limited will post 21.52 EPS for the current fiscal year.

Chubb Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Friday, June 13th were paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 1.41%. This is a boost from Chubb's previous quarterly dividend of $0.91. The ex-dividend date was Friday, June 13th. Chubb's payout ratio is presently 18.67%.

Chubb declared that its Board of Directors has initiated a share repurchase plan on Thursday, May 15th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the financial services provider to reacquire up to 4.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Insider Activity at Chubb

In related news, insider John J. Lupica sold 5,513 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $290.06, for a total value of $1,599,100.78. Following the sale, the insider owned 91,180 shares in the company, valued at $26,447,670.80. This represents a 5.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO John W. Keogh sold 85,083 shares of the firm's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $290.24, for a total transaction of $24,694,489.92. Following the sale, the chief operating officer directly owned 237,728 shares in the company, valued at $68,998,174.72. The trade was a 26.36% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 100,390 shares of company stock valued at $29,163,135 over the last ninety days. 0.86% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company increased their price objective on shares of Chubb from $278.00 to $285.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 10th. Jefferies Financial Group increased their price objective on shares of Chubb from $307.00 to $308.00 and gave the stock a "hold" rating in a research note on Friday, April 11th. Keefe, Bruyette & Woods increased their price objective on shares of Chubb from $314.00 to $324.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 9th. Morgan Stanley increased their target price on shares of Chubb from $280.00 to $300.00 and gave the stock an "equal weight" rating in a report on Monday, May 19th. Finally, UBS Group increased their target price on shares of Chubb from $303.00 to $304.00 and gave the stock a "neutral" rating in a report on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Chubb has an average rating of "Moderate Buy" and an average price target of $307.13.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. J. Safra Sarasin Holding AG purchased a new position in shares of Chubb in the second quarter worth $294,000. TFG Advisers LLC grew its holdings in Chubb by 1.7% during the 2nd quarter. TFG Advisers LLC now owns 8,067 shares of the financial services provider's stock worth $2,337,000 after acquiring an additional 136 shares in the last quarter. Kennebec Savings Bank grew its holdings in Chubb by 3.9% during the 2nd quarter. Kennebec Savings Bank now owns 2,879 shares of the financial services provider's stock worth $834,000 after acquiring an additional 107 shares in the last quarter. ASR Vermogensbeheer N.V. raised its holdings in Chubb by 3.9% in the second quarter. ASR Vermogensbeheer N.V. now owns 144,774 shares of the financial services provider's stock worth $41,942,000 after purchasing an additional 5,462 shares in the last quarter. Finally, EWA LLC bought a new position in Chubb in the second quarter worth about $212,000. 83.81% of the stock is owned by hedge funds and other institutional investors.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Chubb Company Profile

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.