ABN AMRO Bank N.V. bought a new position in shares of Chevron Corporation (NYSE:CVX – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 4,650 shares of the oil and gas company’s stock, valued at approximately $721,000.
Several other institutional investors and hedge funds also recently made changes to their positions in CVX. Perigon Wealth Management LLC lifted its holdings in shares of Chevron by 19.3% in the third quarter. Perigon Wealth Management LLC now owns 73,448 shares of the oil and gas company’s stock valued at $11,406,000 after purchasing an additional 11,875 shares in the last quarter. New York State Teachers Retirement System raised its position in Chevron by 15.3% in the 3rd quarter. New York State Teachers Retirement System now owns 1,620,231 shares of the oil and gas company’s stock valued at $251,606,000 after buying an additional 215,345 shares during the last quarter. Pictet North America Advisors SA bought a new stake in Chevron in the 3rd quarter valued at approximately $5,662,000. New York State Common Retirement Fund boosted its position in Chevron by 10.2% during the 3rd quarter. New York State Common Retirement Fund now owns 1,894,470 shares of the oil and gas company’s stock worth $294,192,000 after acquiring an additional 175,439 shares during the last quarter. Finally, Mutual Advisors LLC grew its stake in shares of Chevron by 7.3% during the 2nd quarter. Mutual Advisors LLC now owns 88,759 shares of the oil and gas company’s stock worth $13,743,000 after acquiring an additional 6,058 shares in the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.
Insider Buying and Selling at Chevron
In other Chevron news, insider R. Hewitt Pate sold 41,134 shares of Chevron stock in a transaction on Friday, January 30th. The shares were sold at an average price of $176.40, for a total transaction of $7,256,037.60. Following the completion of the transaction, the insider directly owned 4,169 shares of the company’s stock, valued at $735,411.60. The trade was a 90.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Eimear P. Bonner sold 32,100 shares of the company’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $175.01, for a total transaction of $5,617,821.00. Following the completion of the transaction, the chief financial officer owned 4,366 shares in the company, valued at approximately $764,093.66. This represents a 88.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 793,158 shares of company stock worth $127,919,578. 0.21% of the stock is currently owned by corporate insiders.
Chevron News Summary
- Positive Sentiment: Chevron raised its quarterly dividend to $1.78 (4.0% yield), boosting income-focused demand and underscoring management’s cash-return priorities. Dividend Hike Coverage
- Positive Sentiment: Several sell-side shops have raised targets or reiterated bullish views (Wells Fargo, Goldman Sachs, TD Cowen commentary), supporting upside expectations and likely providing buying support after recent gains. Wells Fargo Price Target Raise
- Positive Sentiment: Project and M&A progress: Chevron committed to the Yoyo‑Yolanda gas project (Cameroon/Equatorial Guinea) and signed an initial offshore exploration MoU in Syrian waters with a Qatari partner — potential long‑term production upside. Yoyo-Yolanda Project
- Neutral Sentiment: Q4 results were mixed: EPS beat ( $1.52 vs. $1.44 est.) but revenue missed materially, leaving guidance/cash‑flow narratives intact but tempering enthusiasm about near‑term top‑line growth. Q4 Presentation
- Neutral Sentiment: Senior leadership changes were announced for 2026 (internal promotions, retirements) — operationally neutral for now but something investors will watch for execution risk. Leadership Changes
- Negative Sentiment: Heavy insider selling by multiple executives (including recent Form 4 filings for Andrew Walz, CTO Thomas Booth and CFO Eimear Bonner) is creating short‑term sentiment pressure and may signal portfolio rebalancing by insiders. Walz Form 4 Bonner Form 4
- Negative Sentiment: Oil prices softened after U.S.–Iran tensions eased, trimming a supply‑risk premium and pressuring integrated majors’ near‑term revenue and margins. Oil Price Slide
- Negative Sentiment: Some firms (e.g., HSBC and a subset of boutiques) have trimmed views or stayed on Hold, arguing much upside is priced in — these notes can cap rallies and weigh on momentum. HSBC Cut
Chevron Trading Down 1.1%
Shares of NYSE:CVX opened at $179.20 on Friday. Chevron Corporation has a 52-week low of $132.04 and a 52-week high of $182.59. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 1.15. The company has a market capitalization of $360.83 billion, a P/E ratio of 26.91, a price-to-earnings-growth ratio of 12.49 and a beta of 0.70. The company has a 50-day simple moving average of $158.70 and a 200 day simple moving average of $156.19.
Chevron (NYSE:CVX – Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. Chevron had a return on equity of 8.23% and a net margin of 6.51%.The firm had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. During the same quarter in the previous year, the business earned $2.06 earnings per share. The business’s revenue was down 10.2% compared to the same quarter last year. Sell-side analysts forecast that Chevron Corporation will post 10.79 earnings per share for the current year.
Chevron Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be paid a $1.78 dividend. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date is Tuesday, February 17th. This represents a $7.12 dividend on an annualized basis and a yield of 4.0%. Chevron’s dividend payout ratio (DPR) is currently 106.91%.
Analyst Ratings Changes
A number of analysts have recently commented on CVX shares. Wells Fargo & Company boosted their price objective on shares of Chevron from $196.00 to $204.00 and gave the stock an “overweight” rating in a research report on Monday. TD Cowen boosted their price target on shares of Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a research report on Monday. Weiss Ratings restated a “hold (c)” rating on shares of Chevron in a research note on Wednesday, January 21st. Scotiabank reaffirmed a “sector perform” rating and issued a $168.00 target price on shares of Chevron in a research report on Friday, January 16th. Finally, Morgan Stanley reduced their price target on Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $175.00.
View Our Latest Stock Analysis on Chevron
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.
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