Quotient Wealth Partners LLC increased its stake in Chevron Corporation (NYSE:CVX – Free Report) by 12.3% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 46,271 shares of the oil and gas company’s stock after buying an additional 5,069 shares during the period. Quotient Wealth Partners LLC’s holdings in Chevron were worth $7,185,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in the company. Solitude Financial Services boosted its holdings in Chevron by 8.2% during the 2nd quarter. Solitude Financial Services now owns 25,325 shares of the oil and gas company’s stock valued at $3,626,000 after acquiring an additional 1,913 shares during the period. Shell Asset Management Co. lifted its position in shares of Chevron by 21.4% during the second quarter. Shell Asset Management Co. now owns 51,115 shares of the oil and gas company’s stock worth $7,319,000 after purchasing an additional 9,002 shares in the last quarter. Mutual Advisors LLC boosted its stake in shares of Chevron by 7.3% in the second quarter. Mutual Advisors LLC now owns 88,759 shares of the oil and gas company’s stock valued at $13,743,000 after purchasing an additional 6,058 shares during the period. Costello Asset Management INC grew its holdings in shares of Chevron by 26.9% in the second quarter. Costello Asset Management INC now owns 16,694 shares of the oil and gas company’s stock valued at $2,390,000 after purchasing an additional 3,541 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its stake in Chevron by 25.7% during the 1st quarter. Jones Financial Companies Lllp now owns 697,011 shares of the oil and gas company’s stock worth $115,887,000 after buying an additional 142,662 shares during the period. 72.42% of the stock is currently owned by hedge funds and other institutional investors.
Chevron Stock Up 0.0%
Shares of NYSE CVX opened at $147.74 on Friday. The stock has a market cap of $297.47 billion, a PE ratio of 20.78, a price-to-earnings-growth ratio of 8.78 and a beta of 0.68. Chevron Corporation has a 52-week low of $132.04 and a 52-week high of $168.96. The business has a 50-day moving average price of $152.31 and a 200 day moving average price of $152.46. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19.
Chevron Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 18th were paid a dividend of $1.71 per share. This represents a $6.84 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Tuesday, November 18th. Chevron’s dividend payout ratio is 96.20%.
Analysts Set New Price Targets
Several research firms have commented on CVX. Zacks Research downgraded shares of Chevron from a “hold” rating to a “strong sell” rating in a research note on Monday, November 24th. Hsbc Global Res upgraded Chevron from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Piper Sandler lowered their price objective on Chevron from $171.00 to $169.00 and set an “overweight” rating for the company in a research report on Monday, November 10th. Barclays lowered their price target on shares of Chevron from $160.00 to $158.00 and set an “equal weight” rating for the company in a report on Tuesday, October 7th. Finally, Scotiabank boosted their target price on shares of Chevron from $160.00 to $165.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $166.00.
Read Our Latest Analysis on CVX
Insider Buying and Selling at Chevron
In related news, Director John B. Hess sold 275,000 shares of Chevron stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $150.75, for a total value of $41,456,250.00. Following the transaction, the director directly owned 1,128,045 shares in the company, valued at $170,052,783.75. This trade represents a 19.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.21% of the stock is currently owned by corporate insiders.
Trending Headlines about Chevron
Here are the key news stories impacting Chevron this week:
- Positive Sentiment: Chevron sealed a five‑year LNG supply deal to deliver 2 billion cubic meters to Hungary, adding near‑term contracted export volumes and European revenue diversification away from Russian gas. This supports steady cash flow and strengthens Chevron’s European foothold. Chevron to Export 2 Billion Cubic Meters of LNG to Hungary
- Positive Sentiment: Analysts and retail outlets argue Chevron can generate strong free cash flow if energy prices remain elevated through 2030, supporting capital spending, dividends and buybacks even in moderately lower-price scenarios — a bullish operating-profile narrative for long-term income investors. Why Chevron Could Thrive If Energy Prices Stay Elevated Through 2030
- Positive Sentiment: Television commentator Jim Cramer publicly recommended sticking with Chevron and expressed confidence in CEO Mike Wirth’s ability to deliver results — a high‑profile endorsement that can buoy retail sentiment. Jim Cramer on Chevron: “I Would Stick With It”
- Positive Sentiment: Coverage highlighting Chevron as one of Berkshire Hathaway’s “dividend aristocrats” underscores its track record of shareholder returns and may attract income‑focused or dividend‑growth investors. Inside Berkshire’s Dividend Aristocrats: Bank of America, Chevron, and Coca‑Cola
- Positive Sentiment: Benzinga reports Chevron is named among participants in a high‑stakes nuclear/fusion play alongside big tech and finance firms — signalling investments in low‑carbon technologies and potential long‑term strategic optionality. Trump Media Fusion Deal: Donald Trump Joins Google, Chevron, Goldman Sachs In High‑Stakes Nuclear Energy Play
- Neutral Sentiment: Forbes examines whether Chevron’s attractive cash‑return profile is being masked by its Venezuela exposure — a balanced read that highlights strong returns but flags political and sanction risks investors should price in. Is Venezuela Risk Masking Chevron’s Strong Cash‑Return Profile?
- Negative Sentiment: Reporting shows Chevron continues operations in Venezuela despite rising U.S.–Venezuela tensions, which raises sanction, legal and operational risks that could disrupt production or exports. That geopolitical exposure is a potential downside catalyst. Chevron keeps working in Venezuela amid tensions with U.S.
- Negative Sentiment: Some sanctioned oil vessels are diverting from Venezuela after threats of a blockade, indicating potential logistical and export disruptions tied to the geopolitical situation that could indirectly affect Chevron’s Venezuela operations. Some sanctioned oil vessels divert from Venezuela as Trump threatens blockade
About Chevron
Chevron Corporation (NYSE: CVX) is an American multinational energy company engaged in virtually all aspects of the oil and gas industry. As an integrated energy firm, Chevron’s core activities include upstream oil and natural gas exploration and production, midstream transportation and storage, downstream refining and marketing of fuels and lubricants, and petrochemical manufacturing through joint ventures and subsidiaries. The company markets fuels under brands such as Chevron, Texaco and Caltex and supplies a range of products and services to retail customers, industrial users and commercial fleets worldwide.
Chevron traces its corporate lineage to the early petroleum companies that eventually became Standard Oil of California and has evolved through significant mergers and restructurings, including the acquisitions of Gulf Oil and Texaco.
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