Paradigm Capital Management LLC NV purchased a new stake in shares of Chevron Corporation (NYSE:CVX – Free Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 12,336 shares of the oil and gas company’s stock, valued at approximately $2,045,000. Chevron makes up 1.8% of Paradigm Capital Management LLC NV’s holdings, making the stock its 16th largest position.
A number of other institutional investors also recently bought and sold shares of CVX. Cornerstone Advisory LLC grew its holdings in shares of Chevron by 0.9% during the 1st quarter. Cornerstone Advisory LLC now owns 5,625 shares of the oil and gas company’s stock worth $1,164,000 after acquiring an additional 52 shares during the period. Compton Financial Group LLC raised its position in shares of Chevron by 1.9% in the 1st quarter. Compton Financial Group LLC now owns 2,944 shares of the oil and gas company’s stock worth $609,000 after acquiring an additional 56 shares in the last quarter. Quantum Portfolio Management LLC lifted its stake in shares of Chevron by 2.7% in the 1st quarter. Quantum Portfolio Management LLC now owns 2,101 shares of the oil and gas company’s stock valued at $435,000 after purchasing an additional 56 shares during the period. Wealthspire Retirement LLC lifted its stake in shares of Chevron by 0.9% in the 1st quarter. Wealthspire Retirement LLC now owns 6,530 shares of the oil and gas company’s stock valued at $1,351,000 after purchasing an additional 56 shares during the period. Finally, D.B. Root & Company LLC boosted its position in shares of Chevron by 1.0% during the fourth quarter. D.B. Root & Company LLC now owns 5,552 shares of the oil and gas company’s stock valued at $846,000 after purchasing an additional 57 shares in the last quarter. 72.42% of the stock is owned by institutional investors.
Key Chevron News
Here are the key news stories impacting Chevron this week:
- Positive Sentiment: Brent crude is holding near $94 a barrel amid pressure on Iran, marking a second consecutive weekly gain. Higher oil prices can improve Chevron’s upstream cash flow and earnings outlook. Chevron Rises as Iran Pressure Keeps Brent Near $94
- Positive Sentiment: Analysts continue to favor Chevron over some major-oil peers, citing stronger 2026 earnings growth, production momentum and greater exposure to Guyana. Chevron vs. Shell: Which Energy Major Offers a Better Bet?
- Positive Sentiment: Recent commentary highlights CVX as a long-term dividend and income candidate. Chevron and ExxonMobil both raised payouts again in 2026, although their decade-long dividend records differ in durability and yield. 3 Dividend Stocks to Buy and Hold for the Next Decade, Starting With Chevron
- Neutral Sentiment: Brokerages maintain a consensus “Moderate Buy” recommendation, and Zacks lists Chevron as a stock to watch because of earnings growth and price strength. Chevron Given Consensus Recommendation of Moderate Buy
- Neutral Sentiment: Chevron appointed Uriel “Ose” Oseguera as treasurer, replacing retiring executive Navin Mahajan. The change affects capital markets, finance and risk oversight but is not currently presented as a strategic shift. Why Is Chevron Naming a New Treasurer Worth Watching?
- Negative Sentiment: After CVX’s strong recent performance, modest profit-taking may be weighing on the stock even as higher crude prices remain supportive. Comparisons with ExxonMobil also emphasize that investors may be reassessing dividend-growth quality rather than adding aggressively at current levels. ExxonMobil vs. Chevron: Dividend Growth Comparison
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on CVX
Insider Buying and Selling
In related news, insider R. Hewitt Pate sold 2,470 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $205.11, for a total value of $506,621.70. Following the transaction, the insider owned 10,794 shares in the company, valued at $2,213,957.34. The trade was a 18.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John B. Hess sold 100,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $194.26, for a total transaction of $19,426,000.00. Following the sale, the director directly owned 178,045 shares in the company, valued at $34,587,021.70. This trade represents a 35.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,152,582 shares of company stock valued at $225,853,661. Insiders own 0.56% of the company’s stock.
Chevron Stock Performance
Shares of CVX opened at $203.03 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 1.25 and a debt-to-equity ratio of 0.19. The business’s 50 day moving average price is $185.48 and its 200-day moving average price is $188.35. Chevron Corporation has a 52 week low of $146.49 and a 52 week high of $214.71. The stock has a market cap of $401.14 billion, a P/E ratio of 19.47, a P/E/G ratio of 0.61 and a beta of 0.49.
Chevron (NYSE:CVX – Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The oil and gas company reported $6.06 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $62.72 billion. During the same quarter in the prior year, the business posted $1.77 EPS. The firm’s quarterly revenue was up 57.4% compared to the same quarter last year. Equities research analysts anticipate that Chevron Corporation will post 16.17 earnings per share for the current fiscal year.
Chevron Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be paid a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, August 19th. Chevron’s dividend payout ratio is currently 68.26%.
Chevron Company 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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