Jennison Associates LLC Sells 32,234 Shares of Chubb Limited $CB

30 Apr 2026, 18:32 by Teresa Graham · The Cerbat Gem

Jennison Associates LLC cut its holdings in shares of Chubb Limited (NYSE:CB – Free Report) by 5.5% in the 4th quarter, Holdings Channel reports. The firm owned 554,588 shares of the financial services provider’s stock after selling 32,234 shares during the period. Jennison Associates LLC’s holdings in Chubb were worth $173,098,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sage Rhino Capital LLC bought a new stake in Chubb during the fourth quarter worth $202,000. Simplicity Wealth LLC acquired a new position in shares of Chubb during the fourth quarter worth $283,000. Pekin Hardy Strauss Inc. increased its holdings in shares of Chubb by 26.8% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 4,739 shares of the financial services provider’s stock worth $1,479,000 after buying an additional 1,002 shares in the last quarter. Interchange Capital Partners LLC increased its holdings in shares of Chubb by 69.6% during the fourth quarter. Interchange Capital Partners LLC now owns 3,078 shares of the financial services provider’s stock worth $961,000 after buying an additional 1,263 shares in the last quarter. Finally, Vest Financial LLC increased its holdings in shares of Chubb by 2.4% during the fourth quarter. Vest Financial LLC now owns 400,304 shares of the financial services provider’s stock worth $124,943,000 after buying an additional 9,365 shares in the last quarter. 83.81% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Mizuho lowered their price target on shares of Chubb from $336.00 to $335.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. The Goldman Sachs Group upped their price target on shares of Chubb from $368.00 to $372.00 and gave the stock a “buy” rating in a report on Tuesday, April 7th. JPMorgan Chase & Co. upped their price target on shares of Chubb from $330.00 to $340.00 and gave the stock a “neutral” rating in a report on Monday, April 20th. Evercore upped their price target on shares of Chubb from $347.00 to $349.00 and gave the stock an “outperform” rating in a report on Wednesday, April 22nd. Finally, Citizens Jmp increased their price objective on Chubb from $350.00 to $365.00 and gave the company a “market outperform” rating in a report on Wednesday, April 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Chubb has a consensus rating of “Moderate Buy” and a consensus target price of $349.33.

Read Our Latest Report on Chubb

Chubb Stock Performance

NYSE CB opened at $328.53 on Thursday. The company has a market capitalization of $128.20 billion, a price-to-earnings ratio of 11.60, a PEG ratio of 1.67 and a beta of 0.49. Chubb Limited has a twelve month low of $264.10 and a twelve month high of $345.67. The stock has a fifty day simple moving average of $329.07 and a 200 day simple moving average of $310.84. The company has a quick ratio of 0.27, a current ratio of 0.34 and a debt-to-equity ratio of 0.20.

Chubb (NYSE:CB – Get Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The financial services provider reported $6.82 earnings per share for the quarter. Chubb had a return on equity of 14.30% and a net margin of 18.58%.The business had revenue of $14.93 billion during the quarter. Sell-side analysts expect that Chubb Limited will post 26.67 EPS for the current year.

Chubb Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Friday, March 13th were issued a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Friday, March 13th. Chubb’s dividend payout ratio (DPR) is presently 13.70%.

Insiders Place Their Bets

In other Chubb news, CEO Evan G. Greenberg sold 15,060 shares of the stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $331.47, for a total transaction of $4,991,938.20. Following the completion of the sale, the chief executive officer directly owned 511,576 shares in the company, valued at approximately $169,572,096.72. This trade represents a 2.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Timothy Alan Boroughs sold 27,817 shares of the 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 sale, the executive vice president owned 11,810 shares of the company’s stock, valued at approximately $3,920,683.80. The trade was a 70.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 44,877 shares of company stock worth $14,885,226. Company insiders own 0.37% of the company’s stock.

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.