Wealthcare Advisory Partners LLC Has $5.12 Million Stake in Chevron Corporation $CVX

Wealthcare Advisory Partners LLC decreased its position in Chevron Corporation (NYSE:CVX) by 11.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 30,920 shares of the oil and gas company’s stock after selling 4,188 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Chevron were worth $5,125,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in CVX. State Street Corp raised its holdings in shares of Chevron by 9.1% during the 3rd quarter. State Street Corp now owns 152,605,988 shares of the oil and gas company’s stock valued at $23,698,184,000 after purchasing an additional 12,789,399 shares in the last quarter. Berkshire Hathaway Inc boosted its holdings in Chevron by 6.6% in the fourth quarter. Berkshire Hathaway Inc now owns 130,156,362 shares of the oil and gas company’s stock worth $19,837,131,000 after purchasing an additional 8,091,570 shares in the last quarter. Geode Capital Management LLC increased its position in Chevron by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 43,613,011 shares of the oil and gas company’s stock worth $6,620,187,000 after buying an additional 134,890 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Chevron by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 36,036,844 shares of the oil and gas company’s stock worth $5,492,377,000 after buying an additional 961,341 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in Chevron by 5.1% during the first quarter. Bank of America Corp DE now owns 27,630,227 shares of the oil and gas company’s stock valued at $5,716,694,000 after buying an additional 1,334,976 shares in the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Higher oil prices support earnings: Renewed uncertainty around the Strait of Hormuz and limited progress in U.S.-Iran talks pushed crude prices higher. Because Chevron’s upstream business benefits from stronger oil prices, the commodity rally is providing a near-term catalyst. Chevron Stock Jumps 3.3% as Hormuz Doubts Lift Oil
• Positive Sentiment: Q2 results and operating momentum remain supportive: Chevron exceeded earnings and revenue expectations, delivered record production, generated strong cash flow, and highlighted early progress from its Hess acquisition. These factors are strengthening the case for continued per-share accretion and production growth through 2030. CVX’s Q2 Earnings Beat: Can Strong Momentum Drive the Stock Higher?
• Positive Sentiment: Analyst estimates moved higher: Erste Group Bank raised its Chevron EPS forecasts to $15.32 for fiscal 2026 and $13.14 for fiscal 2027, citing a more favorable earnings outlook. The 2026 estimate remains close to the broader consensus of $15.86. Chevron analyst estimate update
• Positive Sentiment: Investment-screen coverage is favorable: Recent Zacks commentary identifies CVX as a strong momentum and long-term stock, while investor comparisons with ExxonMobil continue to focus on Chevron’s dividend and passive-income appeal. Why Chevron Is a Strong Momentum Stock
• Neutral Sentiment: Commodity dependence remains central: Chevron’s outlook is attractive if crude prices remain elevated, but comparisons with Occidental Petroleum and ExxonMobil emphasize that relative performance and investor returns will depend heavily on the next oil-price cycle. Buffett Oil Stock Outperforming Chevron
• Negative Sentiment: Risks could limit the rally: Oil prices have been volatile, and planned maintenance could weigh on near-term production or refining results. Any easing of geopolitical tensions or retreat in crude prices would reduce the earnings tailwind. CVX’s Q2 Earnings Beat and Outlook

Insider Activity

In other Chevron news, CEO Michael K. Wirth sold 5,547 shares of Chevron stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $187.00, for a total transaction of $1,037,289.00. Following the sale, the chief executive officer directly owned 26,308 shares of the company’s stock, valued at approximately $4,919,596. The trade was a 17.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John B. Hess sold 710,665 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $194.10, for a total value of $137,940,076.50. Following the completion of the sale, the director owned 363,711 shares in the company, valued at approximately $70,596,305.10. This represents a 66.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,196,212 shares of company stock valued at $231,819,366 in the last three months. Company insiders own 0.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on CVX shares. UBS Group reaffirmed a “buy” rating on shares of Chevron in a research report on Tuesday, June 23rd. Jefferies Financial Group reissued a “buy” rating and set a $216.00 price objective on shares of Chevron in a report on Friday, July 10th. Zacks Research downgraded Chevron from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 8th. Royal Bank Of Canada restated an “outperform” rating and issued a $220.00 target price on shares of Chevron in a report on Tuesday, May 5th. Finally, Scotiabank upped their target price on Chevron from $168.00 to $187.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 22nd. Nineteen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $207.48.

Chevron Stock Up 0.9%

CVX opened at $196.62 on Wednesday. The company has a market capitalization of $388.48 billion, a P/E ratio of 18.85, a P/E/G ratio of 0.59 and a beta of 0.49. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.25 and a quick ratio of 0.98. The firm’s fifty day moving average price is $182.73 and its two-hundred day moving average price is $186.35. Chevron Corporation has a fifty-two week low of $146.49 and a fifty-two week high of $214.71.

Chevron (NYSE:CVX) last announced its quarterly earnings data on Friday, July 31st. The oil and gas company reported $6.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.55 by $0.51. The company had revenue of $67.20 billion during the quarter, compared to analysts’ expectations of $62.72 billion. Chevron had a net margin of 9.57% and a return on equity of 11.09%. The business’s revenue was up 57.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.77 EPS. On average, analysts anticipate that Chevron Corporation will post 15.96 EPS for the current year.

Chevron Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be given a $1.78 dividend. This represents a $7.12 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Wednesday, August 19th. Chevron’s dividend payout ratio is 68.26%.

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.