ORG Partners LLC Raises Stock Holdings in Chevron Corporation $CVX

ORG Partners LLC lifted its stake in Chevron Corporation (NYSE:CVX) by 47.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,484 shares of the oil and gas company’s stock after buying an additional 4,313 shares during the quarter. ORG Partners LLC’s holdings in Chevron were worth $2,094,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. ORG Wealth Partners LLC grew its stake in shares of Chevron by 71.3% during the 3rd quarter. ORG Wealth Partners LLC now owns 6,878 shares of the oil and gas company’s stock valued at $1,069,000 after acquiring an additional 2,862 shares during the period. Avion Wealth raised its stake in Chevron by 5.1% during the 3rd quarter. Avion Wealth now owns 4,144 shares of the oil and gas company’s stock worth $643,000 after acquiring an additional 200 shares during the period. R. W. Roge & Company Inc. purchased a new position in Chevron during the third quarter valued at approximately $203,000. Purus Wealth Management LLC boosted its position in shares of Chevron by 1.7% in the third quarter. Purus Wealth Management LLC now owns 4,867 shares of the oil and gas company’s stock worth $756,000 after purchasing an additional 80 shares during the period. Finally, Hidden Cove Wealth Management LLC boosted its position in shares of Chevron by 5.6% in the third quarter. Hidden Cove Wealth Management LLC now owns 1,987 shares of the oil and gas company’s stock worth $309,000 after purchasing an additional 105 shares during the period. 72.42% of the stock is owned by hedge funds and other institutional investors.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron is in advanced talks with the U.S. government to expand its Venezuela license, which would allow higher exports to Chevron’s refineries and third parties — a clear potential earnings and volume catalyst. Read More.
• Positive Sentiment: Shipping and operational activity is picking up: data and filings show Chevron loading Venezuelan crude and contracting multiple tankers, signalling the company can scale flows quickly if approvals hold. Read More.
• Positive Sentiment: Market positioning and deal activity: reports show Chevron competing with traders and partners to control Venezuelan exports and lining up bids for international assets — moves that could expand supply links and reserves. Read More.
• Positive Sentiment: Analyst support: Bernstein and other outlets have recently raised targets or reiterated bullish theses on CVX amid the Venezuela angle, providing analyst-driven validation. Read More.
• Neutral Sentiment: White House engagement: President Trump met with oil executives to discuss Venezuela reconstruction — policy backing could help but details, guarantees and timelines remain uncertain. Read More.
• Neutral Sentiment: Companies want guarantees: FT/Reuters reporting that U.S. majors want formal guarantees from Washington before committing large capital, implying any large-scale Venezuela rebuild will be phased and conditional. Read More.
• Neutral Sentiment: Distribution risk: some shipments to traditional buyers (notably Chinese buyers) are paused, tempering near-term cash conversion despite increased loading activity. Read More.
• Negative Sentiment: Large insider selling disclosed (CEO, CFO and other insiders sold sizable blocks in early January), which can be perceived negatively and add short-term selling pressure. Read More.
• Negative Sentiment: Analyst downgrades and sell-side caution: at least one firm cut CVX to “Strong Sell” and others trimmed price targets, reflecting some skepticism about sustainable upside after the recent run. Read More. Read More.
• Negative Sentiment: Political/reputational risk: high-profile criticism and scrutiny around U.S. handling of Venezuela investments raise execution and regulatory uncertainty. Read More.

Chevron Trading Up 1.8%

Shares of CVX stock opened at $162.15 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $326.49 billion, a price-to-earnings ratio of 22.81, a price-to-earnings-growth ratio of 10.15 and a beta of 0.70. Chevron Corporation has a 12-month low of $132.04 and a 12-month high of $168.96. The stock’s 50-day moving average price is $152.31 and its 200-day moving average price is $153.49.

Chevron (NYSE:CVX) last announced its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.71 by $0.14. The company had revenue of $48.17 billion during the quarter, compared to analyst estimates of $46.99 billion. Chevron had a return on equity of 8.74% and a net margin of 6.57%.The firm’s revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.48 earnings per share. Equities research analysts predict that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Tuesday, November 18th were issued a $1.71 dividend. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $6.84 dividend on an annualized basis and a dividend yield of 4.2%. Chevron’s dividend payout ratio (DPR) is 96.20%.

Insider Buying and Selling at Chevron

In other Chevron news, CEO Michael K. Wirth sold 320,700 shares of Chevron stock in a transaction on Monday, January 5th. The shares were sold at an average price of $162.99, for a total value of $52,270,893.00. Following the completion of the transaction, the chief executive officer directly owned 14,450 shares of the company’s stock, valued at $2,355,205.50. This trade represents a 95.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Eimear P. Bonner sold 28,334 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $165.05, for a total transaction of $4,676,526.70. Following the completion of the sale, the chief financial officer owned 4,366 shares in the company, valued at approximately $720,608.30. This trade represents a 86.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 631,990 shares of company stock worth $99,716,808. Company insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

CVX has been the topic of several recent analyst reports. HSBC set a $169.00 price objective on shares of Chevron and gave the company a “buy” rating in a research report on Monday, December 1st. Morgan Stanley raised their price target on Chevron from $177.00 to $180.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Mizuho boosted their price objective on Chevron from $204.00 to $206.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Barclays cut their target price on Chevron from $160.00 to $158.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 7th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Chevron in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $167.14.

Chevron Company Profile

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.