Chevron Corporation $CVX Stock Position Lowered by Simplicity Wealth LLC

Simplicity Wealth LLC lowered its position in shares of Chevron Corporation (NYSE:CVX) by 32.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,116 shares of the oil and gas company’s stock after selling 11,831 shares during the quarter. Simplicity Wealth LLC’s holdings in Chevron were worth $3,745,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. CVA Family Office LLC boosted its position in shares of Chevron by 8.8% during the 3rd quarter. CVA Family Office LLC now owns 9,277 shares of the oil and gas company’s stock valued at $1,441,000 after purchasing an additional 754 shares in the last quarter. Triad Wealth Partners LLC lifted its stake in Chevron by 382.9% during the third quarter. Triad Wealth Partners LLC now owns 24,375 shares of the oil and gas company’s stock valued at $3,785,000 after purchasing an additional 19,327 shares during the last quarter. CNB Bank lifted its stake in Chevron by 20.2% during the third quarter. CNB Bank now owns 10,876 shares of the oil and gas company’s stock valued at $1,689,000 after purchasing an additional 1,830 shares during the last quarter. Wilkins Investment Counsel Inc. boosted its holdings in Chevron by 0.5% during the third quarter. Wilkins Investment Counsel Inc. now owns 14,954 shares of the oil and gas company’s stock worth $2,322,000 after buying an additional 75 shares in the last quarter. Finally, Orca Investment Management LLC grew its position in Chevron by 4.0% in the third quarter. Orca Investment Management LLC now owns 1,849 shares of the oil and gas company’s stock worth $287,000 after buying an additional 71 shares during the last quarter. 72.42% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Zacks Research upgraded Chevron from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chevron in a report on Wednesday, October 8th. Wall Street Zen cut Chevron from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. Freedom Capital downgraded Chevron from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Finally, HSBC set a $169.00 target price on shares of Chevron and gave the stock a “buy” rating in a report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $170.29.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: J.P. Morgan upgraded CVX from Neutral to Overweight and set a $176 target, citing improved outlook and post-merger synergies—this lift from a major bank supports near-term buy-side interest. Chevron (NYSE:CVX) Stock Rating Upgraded by JPMorgan Chase & Co.
• Positive Sentiment: Scotiabank raised its price target to $168 in an integrated oil & E&P update, backing the thesis that CVX’s cash flow and dividends remain attractive amid sector strength. Scotiabank raises CVX target to $168 in US integrated oil and E&P update
• Positive Sentiment: Reports say Chevron expects to finalise the sale of its Singapore refining and distribution assets in Q1 after final talks with potential buyers—divesting downstream assets can free cash for higher-return projects and simplify the portfolio. Exclusive: Chevron plans to finalise Singapore oil assets sale in Q1, sources say
• Positive Sentiment: Analyses highlight catalysts that could re-rate CVX: Leviathan gas expansion, progress toward Venezuela licensing, and post-Hess integration benefits—these boost medium-term production and valuation upside. Chevron (CVX) Valuation Check After Leviathan Expansion, Venezuela Progress And Post Hess Merger Upgrades
• Positive Sentiment: Turkey’s state energy firm (TPAO) is reported to be in talks with Chevron about joint oil & gas exploration—new country-level E&P deals would expand exploration optionality and reserves exposure. Chevron and Turkey in Talks for Joint Oil & Gas Exploration
• Neutral Sentiment: Multiple market write-ups and comparisons (including Zacks and Yahoo) are re-evaluating CVX vs. peers (e.g., Petrobras) and discussing whether recent geopolitical moves change the investment case—useful context but not an immediate price catalyst. U.S. Moves on Venezuela and Leviathan Gas Might Change The Case For Investing In Chevron (CVX)
• Neutral Sentiment: Inclusion in dividend/blue‑chip lists and “trending stock” write-ups (MarketBeat, Dogs of the Dow pieces) reinforces investor income interest but are lower-impact for immediate price moves. The Dogs of the Dow: 10 Downtrodden Dividends Paying Out Up to 6.8%
• Negative Sentiment: Coverage highlighting “Venezuela shock” and geopolitical exposure underscores regulatory and country-risk that could cap upside if sanctions/licensing outcomes turn unfavorable—this remains a meaningful downside risk. Chevron or Petrobras: Best Bet After the Venezuela Shock Now

Insider Activity at Chevron

In other Chevron news, insider Alana K. Knowles sold 3,200 shares of Chevron stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $168.00, for a total transaction of $537,600.00. Following the completion of the sale, the insider owned 1,207 shares of the company’s stock, valued at $202,776. This trade represents a 72.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Michael K. Wirth sold 320,700 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $162.99, for a total transaction of $52,270,893.00. Following the transaction, the chief executive officer owned 14,450 shares in the company, valued at approximately $2,355,205.50. This represents a 95.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 635,190 shares of company stock worth $100,254,408 in the last quarter. 0.21% of the stock is owned by corporate insiders.

Chevron Stock Up 0.9%

NYSE:CVX opened at $166.71 on Thursday. The business’s fifty day moving average price is $154.12 and its 200 day moving average price is $154.60. The firm has a market capitalization of $335.67 billion, a price-to-earnings ratio of 23.45, a PEG ratio of 10.81 and a beta of 0.70. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $169.37.

Chevron (NYSE:CVX) last released its earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.71 by $0.14. The company had revenue of $48.17 billion for the quarter, compared to analysts’ expectations of $46.99 billion. Chevron had a return on equity of 8.74% and a net margin of 6.57%.The business’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.48 EPS. On average, sell-side analysts forecast that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 18th were paid a $1.71 dividend. This represents a $6.84 annualized dividend and a yield of 4.1%. The ex-dividend date was Tuesday, November 18th. Chevron’s dividend payout ratio is currently 96.20%.

Chevron 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.