WealthSpring Partners LLC Sells 2,455 Shares of Chevron Corporation $CVX

WealthSpring Partners LLC reduced its position in shares of Chevron Corporation (NYSE:CVX) by 23.9% during the third quarter, Holdings Channel.com reports. The fund owned 7,813 shares of the oil and gas company’s stock after selling 2,455 shares during the quarter. Chevron accounts for approximately 1.8% of WealthSpring Partners LLC’s investment portfolio, making the stock its 13th largest position. WealthSpring Partners LLC’s holdings in Chevron were worth $1,595,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CVX. Sanders Morris Harris LLC boosted its stake in shares of Chevron by 6.1% during the 3rd quarter. Sanders Morris Harris LLC now owns 11,984 shares of the oil and gas company’s stock worth $2,450,000 after acquiring an additional 684 shares in the last quarter. Consilium Wealth Advisory LLC boosted its position in shares of Chevron by 3.4% in the third quarter. Consilium Wealth Advisory LLC now owns 8,042 shares of the oil and gas company’s stock valued at $1,642,000 after acquiring an additional 262 shares during the period. Investment Planning Advisors Inc. boosted its holdings in Chevron by 24.9% in the 3rd quarter. Investment Planning Advisors Inc. now owns 2,179 shares of the oil and gas company’s stock valued at $445,000 after purchasing an additional 435 shares during the period. Seelaus Asset Management LLC grew its position in Chevron by 15.4% during the third quarter. Seelaus Asset Management LLC now owns 2,850 shares of the oil and gas company’s stock worth $530,000 after buying an additional 380 shares in the last quarter. Finally, ABLE Financial Group LLC grew its holdings in shares of Chevron by 4.0% during the 3rd quarter. ABLE Financial Group LLC now owns 10,025 shares of the oil and gas company’s stock worth $2,047,000 after purchasing an additional 384 shares in the last quarter. Institutional investors own 72.42% of the company’s stock.

Chevron Stock Up 2.0%

Chevron stock opened at $222.05 on Thursday. The company’s 50-day moving average is $206.20 and its 200-day moving average is $193.23. The firm has a market capitalization of $438.71 billion, a PE ratio of 21.29, a P/E/G ratio of 0.60 and a beta of 0.53. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.25 and a quick ratio of 0.98. Chevron Corporation has a fifty-two week low of $146.49 and a fifty-two week high of $222.55.

Chevron (NYSE:CVX) last released 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. Chevron had a return on equity of 11.09% and a net margin of 9.57%. The company had revenue of $67.20 billion during the quarter, compared to analysts’ expectations of $62.72 billion. During the same period last year, the firm posted $1.77 earnings per share. The business’s revenue was up 57.4% on a year-over-year basis. Sell-side analysts anticipate that Chevron Corporation will post 17.59 earnings per share for the current year.

Chevron Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th were issued a dividend of $1.78 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $7.12 annualized dividend and a dividend yield of 3.2%. Chevron’s dividend payout ratio (DPR) is currently 68.26%.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron’s recovery of U.S. Gulf of Mexico production after Hurricane Isaias, with no reported damage to its facilities, reduces the risk of a prolonged operational disruption. Chevron & Shell Lead U.S. Gulf Oil Production Recovery After Hurricane
• Positive Sentiment: Analysts at Erste Group raised their fiscal 2026 EPS forecast for Chevron to $16.90 from $16.09 and lifted the fiscal 2027 estimate to $13.78 from $13.52, reinforcing the view that earnings momentum remains favorable. Chevron analyst earnings estimates
• Positive Sentiment: Chevron is among the energy companies positioned to benefit from Venezuela’s oil revival and potential efforts to offset supply disruptions near the Strait of Hormuz. The opportunity could expand production and long-term cash flow, although execution and geopolitical risks remain. Venezuela’s Oil Revival Is Gaining Momentum
• Positive Sentiment: Chevron’s integrated model—combining upstream production with refining and other businesses—continues to support dividend resilience when crude prices weaken. Its Beetaloo Basin expertise also helped deliver Australia’s first commercial gas, adding potential exposure to LNG demand. Oil Giants and Dividend Resilience
• Neutral Sentiment: Coverage of Chevron’s AI investment process indicates that management is evaluating AI projects based on measurable returns and competition for capital. The initiative may improve efficiency, but no immediate financial impact was identified. How CFOs Decide Which AI Bets Create Value
• Negative Sentiment: Chevron reportedly agreed to take a one-time loss of approximately $3 billion to $4 billion, which could weigh on near-term results despite stronger underlying earnings. Chevron Is Cleaning House Before the Earnings Peak Fades
• Negative Sentiment: Some valuation analysis views CVX as overvalued after its rally, while longer-term comparisons show the stock has underperformed the broader market over the past decade. These concerns could limit further upside. Is Chevron Overvalued After Its Rally?

Insider Buying and Selling

In other news, insider Andrew Walz sold 16,800 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $201.06, for a total value of $3,377,808.00. Following the completion of the transaction, the insider owned 14 shares of the company’s stock, valued at approximately $2,814.84. This represents a 99.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael K. Wirth sold 317,100 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $200.46, for a total value of $63,565,866.00. Following the completion of the transaction, the chief executive officer owned 26,308 shares of the company’s stock, valued at $5,273,701.68. The trade was a 92.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,152,582 shares of company stock valued at $225,853,661 over the last 90 days. 0.56% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CVX. Bank of America lifted their price objective on Chevron from $210.00 to $227.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. The Goldman Sachs Group decreased their price objective on shares of Chevron from $240.00 to $228.00 and set a “buy” rating on the stock in a report on Tuesday, September 22nd. TD Cowen increased their price objective on Chevron from $215.00 to $225.00 and gave the company a “hold” rating in a research report on Monday. BMO Capital Markets lifted their price target on shares of Chevron from $210.00 to $235.00 and gave the stock an “outperform” rating in a research report on Thursday, September 3rd. Finally, Wall Street Zen raised Chevron from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Chevron has a consensus rating of “Moderate Buy” and a consensus target price of $213.08.

Chevron Profile

Chevron Corporation (NYSE:CVX) is an integrated energy company engaged in the exploration, development, production, transportation and sale of crude oil and natural gas. Its upstream operations include oil and gas exploration and production, while its downstream business includes refining crude oil, marketing fuels and manufacturing and distributing lubricants, petrochemicals and fuel additives.

The company also invests in lower-carbon businesses and technologies, including renewable fuels, carbon capture and storage, hydrogen and other opportunities intended to reduce emissions from its operations and energy products.