Chubb Limited $CB Shares Sold by Arizona State Retirement System

08 Sep 2026, 23:05 by Danessa Lincoln · The Markets Daily

Arizona State Retirement System trimmed its holdings in Chubb Limited (NYSE:CB – Free Report) by 5.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 97,018 shares of the financial services provider’s stock after selling 5,414 shares during the quarter. Arizona State Retirement System’s holdings in Chubb were worth $33,058,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the business. California State Teachers Retirement System boosted its position in Chubb by 32,258.2% during the 2nd quarter. California State Teachers Retirement System now owns 184,618,043 shares of the financial services provider’s stock worth $62,906,752,000 after acquiring an additional 184,047,499 shares during the period. XXEC Inc. bought a new position in shares of Chubb in the second quarter worth $228,226,000. Berkshire Hathaway Inc acquired a new position in shares of Chubb during the second quarter valued at $11,670,067,000. BlackRock Inc. acquired a new position in shares of Chubb during the second quarter valued at $9,913,336,000. Finally, GQG Partners LLC acquired a new position in shares of Chubb during the second quarter valued at $4,250,113,000. 83.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. UBS Group upped their price objective on shares of Chubb from $340.00 to $369.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Weiss Ratings cut shares of Chubb from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, August 27th. Citigroup restated a “market outperform” rating on shares of Chubb in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. upped their price target on shares of Chubb from $340.00 to $370.00 and gave the stock a “neutral” rating in a research note on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $354.00 price objective on shares of Chubb in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $361.00.

Check Out Our Latest Stock Analysis on CB

Insider Buying and Selling at Chubb

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

Chubb Price Performance

Shares of CB traded down $4.79 during mid-day trading on Tuesday, hitting $336.81. The company’s stock had a trading volume of 1,617,770 shares, compared to its average volume of 1,737,123. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.29 and a quick ratio of 0.29. The firm has a 50-day moving average price of $348.24 and a 200 day moving average price of $334.58. Chubb Limited has a fifty-two week low of $265.30 and a fifty-two week high of $365.91. The stock has a market capitalization of $129.94 billion, a price-to-earnings ratio of 11.91, a PEG ratio of 1.63 and a beta of 0.37.

Chubb (NYSE:CB – Get Free Report) last released its earnings results on Tuesday, July 21st. The financial services provider reported $7.26 EPS for the quarter, beating the consensus estimate of $6.77 by $0.49. The business 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%. The business’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the business earned $6.14 earnings per share. On average, research analysts predict that Chubb Limited will post 27.35 EPS for the current fiscal year.

Chubb Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 11th will be issued a $1.02 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $4.08 annualized dividend and a dividend yield of 1.2%. Chubb’s dividend payout ratio is currently 14.43%.

About Chubb

(Free Report)

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.