Chubb (NYSE:CB) Stock Unloaded Rep. Jefferson Shreve

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 Trading Up 0.5%

Shares of NYSE:CB opened at $267.40 on Friday. The business’s 50-day moving average is $282.23 and its 200 day moving average is $282.35. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.28 and a quick ratio of 0.28. The firm has a market capitalization of $106.61 billion, a P/E ratio of 11.80, a P/E/G ratio of 3.02 and a beta of 0.53. Chubb Limited has a 1 year low of $252.16 and a 1 year high of $306.91.

Chubb (NYSE:CB) last announced its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $6.14 earnings per share 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 analyst estimates of $12.53 billion. Chubb had a return on equity of 12.34% and a net margin of 16.08%. The company’s revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the company earned $5.38 earnings per share. On average, research analysts predict that Chubb Limited will post 21.52 earnings per share for the current fiscal year.

Chubb declared that its Board of Directors has initiated a stock buyback plan on Thursday, May 15th that allows the company to buyback $5.00 billion in outstanding shares. This buyback authorization allows the financial services provider to purchase up to 4.3% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Chubb Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Friday, June 13th were given a dividend of $0.97 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $3.88 annualized dividend and a yield of 1.5%. This is an increase from Chubb’s previous quarterly dividend of $0.91. Chubb’s dividend payout ratio is currently 17.12%.

Hedge Funds Weigh In On Chubb

Several hedge funds and other institutional investors have recently made changes to their positions in the company. New York Life Investment Management LLC lifted its position in shares of Chubb by 1.7% in the second quarter. New York Life Investment Management LLC now owns 50,668 shares of the financial services provider’s stock valued at $14,680,000 after acquiring an additional 845 shares in the last quarter. Howard Capital Management Inc. lifted its position in Chubb by 23.6% during the second quarter. Howard Capital Management Inc. now owns 3,604 shares of the financial services provider’s stock worth $1,045,000 after buying an additional 687 shares in the last quarter. Purkiss Capital Advisors LLC purchased a new position in Chubb during the second quarter worth approximately $394,000. May Hill Capital LLC lifted its position in Chubb by 8.3% during the second quarter. May Hill Capital LLC now owns 969 shares of the financial services provider’s stock worth $281,000 after buying an additional 74 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in Chubb by 18.9% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 136,264 shares of the financial services provider’s stock worth $39,478,000 after buying an additional 21,700 shares in the last quarter. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the company. Morgan Stanley raised their target price on Chubb from $280.00 to $300.00 and gave the stock an “equal weight” rating in a report on Monday, May 19th. Deutsche Bank Aktiengesellschaft lowered Chubb from a “buy” rating to a “hold” rating and set a $303.00 target price on the stock. in a report on Tuesday, May 20th. HSBC lowered Chubb from a “buy” rating to a “hold” rating and dropped their target price for the stock from $317.00 to $300.00 in a report on Friday. Raymond James Financial reiterated a “strong-buy” rating on shares of Chubb in a research report on Thursday, April 24th. Finally, Piper Sandler reiterated a “neutral” rating and set a $283.00 price target (down previously from $335.00) on shares of Chubb in a research report on Thursday, July 24th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, four have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $301.50.

Insider Buying and Selling

In related news, insider John J. Lupica sold 5,513 shares of the firm’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $290.06, for a total transaction of $1,599,100.78. Following the completion of the sale, the insider directly owned 91,180 shares in the company, valued at approximately $26,447,670.80. This trade represents a 5.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO John W. Keogh sold 85,083 shares of the firm’s stock in a transaction dated 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 owned 237,728 shares of the company’s stock, valued at approximately $68,998,174.72. The trade was a 26.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 100,390 shares of company stock worth $29,163,135. 0.77% of the stock is owned by corporate insiders.

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 [email protected] 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

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.