Chubb Limited $CB Stock Sold by Sumitomo Mitsui Trust Group Inc.

01 Nov 2026, 12:48 by Danessa Lincoln · The Markets Daily

Sumitomo Mitsui Trust Group Inc. reduced its stake in Chubb Limited (NYSE:CB – Free Report) by 2.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 881,343 shares of the financial services provider’s stock after selling 25,211 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.23% of Chubb worth $286,657,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Berkshire Hathaway Inc acquired a new position in Chubb in the 2nd quarter valued at about $11,670,067,000. BlackRock Inc. purchased a new position in Chubb in the 2nd quarter valued at about $9,913,336,000. GQG Partners LLC purchased a new position in Chubb in the 2nd quarter valued at about $4,250,113,000. Bank of America Corp DE lifted its holdings in Chubb by 3.1% in the 1st quarter. Bank of America Corp DE now owns 4,908,624 shares of the financial services provider’s stock valued at $1,599,868,000 after purchasing an additional 147,876 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Chubb by 74.3% during the 1st quarter. Bank of New York Mellon Corp now owns 3,420,692 shares of the financial services provider’s stock worth $1,114,906,000 after purchasing an additional 1,457,992 shares during the last quarter. Institutional investors and hedge funds own 83.81% of the company’s stock.

Insider Transactions at Chubb

In related news, EVP Timothy Boroughs sold 13,596 shares of the firm’s stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $356.77, for a total value of $4,850,644.92. Following the transaction, the executive vice president owned 5,588 shares in the company, valued at approximately $1,993,630.76. This trade represents a 70.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Michael P. Connors sold 5,500 shares of Chubb stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $345.00, for a total transaction of $1,897,500.00. Following the transaction, the director directly owned 12,803 shares in the company, valued at approximately $4,417,035. This trade represents a 30.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.37% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on CB. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $354.00 price target on shares of Chubb in a report on Wednesday, July 22nd. Keefe, Bruyette & Woods cut their price objective on shares of Chubb from $389.00 to $387.00 and set an “outperform” rating for the company in a research report on Monday, October 12th. Mizuho upped their price objective on shares of Chubb from $336.00 to $350.00 and gave the company a “neutral” rating in a research note on Thursday, October 22nd. Piper Sandler raised their target price on shares of Chubb from $340.00 to $374.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 15th. Finally, Wells Fargo & Company lifted their target price on shares of Chubb from $343.00 to $366.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $362.78.

Get Our Latest Research Report on Chubb

Chubb Price Performance

Shares of Chubb stock opened at $364.12 on Friday. Chubb Limited has a twelve month low of $273.35 and a twelve month high of $369.00. The stock has a market capitalization of $139.12 billion, a P/E ratio of 12.74, a PEG ratio of 1.69 and a beta of 0.36. The company has a current ratio of 0.28, a quick ratio of 0.29 and a debt-to-equity ratio of 0.23. The business’s fifty day moving average price is $343.33 and its 200 day moving average price is $333.76.

Chubb (NYSE:CB – Get Free Report) last announced its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $7.66 EPS for the quarter, topping the consensus estimate of $6.77 by $0.89. The company had revenue of $16.20 billion during the quarter, compared to analyst estimates of $15.66 billion. Chubb had a return on equity of 14.41% and a net margin of 18.15%. During the same period in the prior year, the firm posted $7.49 earnings per share. As a group, research analysts anticipate that Chubb Limited will post 28.82 earnings per share for the current year.

Chubb Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 11th were issued a dividend of $1.02 per share. The ex-dividend date was Friday, September 11th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.1%. Chubb’s payout ratio is presently 14.28%.

Chubb Company Profile

(Free Report)

Chubb Limited is a global insurance company that provides property and casualty, accident and health, life, and reinsurance products and services. Its offerings include commercial and personal property and casualty insurance, liability coverage, workers’ compensation, specialty insurance, travel insurance, and coverage for high-net-worth individuals.