Plato Investment Management Ltd Has $8.47 Million Stock Position in Chevron Corporation $CVX

Plato Investment Management Ltd raised its position in Chevron Corporation (NYSE:CVX) by 21.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,955 shares of the oil and gas company’s stock after buying an additional 9,887 shares during the period. Chevron accounts for about 0.6% of Plato Investment Management Ltd’s investment portfolio, making the stock its 28th biggest position. Plato Investment Management Ltd’s holdings in Chevron were worth $8,469,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of CVX. Castellan Group raised its position in Chevron by 10.7% in the 2nd quarter. Castellan Group now owns 20,405 shares of the oil and gas company’s stock valued at $2,922,000 after purchasing an additional 1,965 shares during the last quarter. Cyndeo Wealth Partners LLC raised its holdings in shares of Chevron by 0.9% in the second quarter. Cyndeo Wealth Partners LLC now owns 19,929 shares of the oil and gas company’s stock valued at $2,854,000 after buying an additional 168 shares during the last quarter. Robertson Stephens Wealth Management LLC raised its holdings in shares of Chevron by 11.2% in the second quarter. Robertson Stephens Wealth Management LLC now owns 20,524 shares of the oil and gas company’s stock valued at $2,939,000 after buying an additional 2,060 shares during the last quarter. Blue Trust Inc. lifted its position in Chevron by 2.2% during the 2nd quarter. Blue Trust Inc. now owns 43,791 shares of the oil and gas company’s stock worth $6,270,000 after buying an additional 949 shares in the last quarter. Finally, JB Capital LLC grew its holdings in Chevron by 3.3% during the 2nd quarter. JB Capital LLC now owns 4,421 shares of the oil and gas company’s stock worth $633,000 after acquiring an additional 140 shares during the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analyst upgrades and target‑price lifts have driven fresh buying and helped push CVX to new 12‑month highs, supporting momentum. How Recent Analyst Shifts Are Rewriting The Story For Chevron (CVX)
• Positive Sentiment: Company raised the quarterly dividend to $1.78 (ex‑dividend Feb. 17) — a yield near 4% — which attracts income investors and supports the equity multiple. MarketBeat CVX Profile
• Positive Sentiment: Chevron is pursuing production expansion in OPEC‑linked countries and signed an initial offshore MOU involving Syrian waters — potential long‑term reserves upside if geopolitics/sanctions allow. These strategic moves underpin growth expectations. Trump Is Remaking the Global Oil Market, and Exxon and Chevron Want In
• Positive Sentiment: Q4: EPS topped estimates and management reiterated ~10% cash‑flow and production CAGR targets for 2026, which supports forward free cash‑flow expectations and buyback/dividend capacity. Chevron Earnings
• Neutral Sentiment: Leadership reshuffle (internal promotions/retirements) announced for strategy/trading/business development — succession appears organized but is unlikely to change fundamentals immediately. Chevron names new heads of strategy, trading, business development
• Neutral Sentiment: After January’s strong run, valuation checks and analyst commentary note CVX may be partially priced for optimism — investors are debating whether further upside is justified absent stronger top‑line recovery. Chevron (CVX) Valuation Check After Recent Share Price Momentum
• Negative Sentiment: Significant insider selling: filings show multi‑million dollar sales by the CFO, vice chairman, CTO and other senior execs over Feb. 3–5. Heavy insider exits are being read as profit‑taking and can sap sentiment short‑term. Insider Selling: Chevron CFO Sells
• Negative Sentiment: Q4 revenue missed estimates and was down year‑over‑year, underscoring near‑term demand/price pressure despite the EPS beat — investors may trim positions until revenue trends stabilize. Chevron Earnings

Insider Buying and Selling

In related news, CEO Michael K. Wirth sold 320,700 shares of the company’s 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 approximately $2,355,205.50. This represents a 95.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider R. Hewitt Pate sold 41,134 shares of Chevron stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $176.40, for a total value of $7,256,037.60. Following the completion of the sale, the insider directly owned 4,169 shares in the company, valued at $735,411.60. This represents a 90.80% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 793,158 shares of company stock valued at $127,919,578. 0.21% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CVX has been the subject of a number of research analyst reports. Jefferies Financial Group boosted their target price on shares of Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. BMO Capital Markets reaffirmed an “outperform” rating and set a $190.00 price objective on shares of Chevron in a report on Monday, February 2nd. Citigroup decreased their price objective on Chevron from $185.00 to $179.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. JPMorgan Chase & Co. upgraded Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 target price for the company in a research report on Tuesday, January 20th. Finally, Wall Street Zen upgraded shares of Chevron from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Twelve analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Chevron currently has a consensus rating of “Hold” and a consensus target price of $175.00.

Chevron Trading Up 1.0%

Shares of NYSE CVX opened at $181.06 on Friday. Chevron Corporation has a twelve month low of $132.04 and a twelve month high of $182.59. The stock has a market cap of $364.57 billion, a price-to-earnings ratio of 27.19, a P/E/G ratio of 12.11 and a beta of 0.70. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19. The company’s fifty day moving average is $159.30 and its 200-day moving average is $156.45.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.44 by $0.08. The business had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. Chevron had a return on equity of 8.23% and a net margin of 6.51%.The firm’s revenue was down 10.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.06 EPS. Equities research analysts predict that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be issued a dividend of $1.78 per share. 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 annualized dividend and a dividend yield of 3.9%. Chevron’s dividend payout ratio (DPR) is presently 102.70%.

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.