Chevron Corporation $CVX Stock: Yousif Capital Management LLC Boosts Position

Yousif Capital Management LLC increased its position in shares of Chevron Corporation (NYSE:CVX) by 5.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 266,062 shares of the oil and gas company’s stock after acquiring an additional 12,734 shares during the period. Chevron accounts for about 0.6% of Yousif Capital Management LLC’s holdings, making the stock its 23rd largest position. Yousif Capital Management LLC’s holdings in Chevron were worth $54,333,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. River Street Advisors LLC boosted its holdings in Chevron by 3.6% during the 3rd quarter. River Street Advisors LLC now owns 18,721 shares of the oil and gas company’s stock valued at $3,823,000 after acquiring an additional 651 shares during the period. Parthenon LLC increased its stake in Chevron by 0.7% during the third quarter. Parthenon LLC now owns 11,620 shares of the oil and gas company’s stock worth $2,373,000 after purchasing an additional 77 shares during the period. Patrick M Sweeney & Associates Inc. increased its stake in Chevron by 1.3% during the third quarter. Patrick M Sweeney & Associates Inc. now owns 3,993 shares of the oil and gas company’s stock worth $815,000 after purchasing an additional 51 shares during the period. Credit Capital Investments LLC purchased a new stake in Chevron during the third quarter worth about $408,000. Finally, Boomfish Wealth Group LLC lifted its position in shares of Chevron by 3.3% during the third quarter. Boomfish Wealth Group LLC now owns 2,112 shares of the oil and gas company’s stock worth $431,000 after purchasing an additional 67 shares in the last quarter. 72.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CVX. Mizuho set a $234.00 price objective on shares of Chevron in a research note on Monday, October 12th. BMO Capital Markets lifted their price objective on shares of Chevron from $210.00 to $235.00 and gave the company an “outperform” rating in a report on Thursday, September 3rd. Wells Fargo & Company upped their target price on shares of Chevron from $226.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, September 3rd. Royal Bank Of Canada increased their target price on shares of Chevron from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Thursday, September 24th. Finally, Zacks Research raised shares of Chevron from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. One 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 assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $213.96.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Crude oil prices have climbed above $110 per barrel amid heightened Iran and Middle East supply concerns, improving the earnings and cash-flow outlook for Chevron’s upstream business. Chevron Stock Moves Higher: What’s Going On?
• Positive Sentiment: Investors are positioning for next week’s earnings report, with analysts expecting year-over-year earnings growth and a potential consensus beat. Erste Group also raised its 2026 EPS forecast to $17.63 from $16.90, although that remains below the broader $18.12 consensus estimate. Chevron Earnings Expected to Grow
• Positive Sentiment: Chevron plans to apply its successful Permian Basin operating approach to Argentina’s Vaca Muerta shale region and reportedly expects to invest approximately $13.8 billion to accelerate production. The project could provide a long-term production-growth catalyst, though execution and political risks remain. Chevron uses Permian playbook in Argentina
• Positive Sentiment: Chevron is in exclusive preliminary talks to operate Iraq’s West Qurna 2 field, where output could potentially double under a future development plan. The opportunity would expand production but is not yet a finalized transaction. Chevron Eyes Iraq’s West Qurna 2 Field
• Positive Sentiment: Unusually high call-option activity and comparisons favoring CVX over ExxonMobil are reinforcing bullish sentiment, with analysts citing stronger free cash flow, cost savings and projected 2026 earnings growth.
• Neutral Sentiment: Chevron is reportedly considering a roughly $1 billion sale of mature Gulf of Mexico assets to concentrate capital on newer offshore and international growth projects. The strategy could improve portfolio efficiency, but proceeds and valuation are still uncertain. Chevron Eyes $1B Gulf Asset Sale
• Negative Sentiment: Insider R. Hewitt Pate sold 43,100 shares in two transactions. The sales were conducted under a pre-arranged Rule 10b5-1 plan, limiting their bearish significance, but the large reduction in ownership could weigh modestly on sentiment. Chevron insider trading filing

Chevron Trading Up 3.0%

CVX opened at $233.39 on Friday. The business has a fifty day moving average price of $210.61 and a 200 day moving average price of $194.38. 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 12 month low of $146.49 and a 12 month high of $233.74. The stock has a market capitalization of $461.13 billion, a price-to-earnings ratio of 22.38, a PEG ratio of 0.55 and a beta of 0.53.

Chevron (NYSE:CVX) last posted its quarterly earnings results 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 for the quarter, compared to analyst estimates of $62.72 billion. Chevron had a return on equity of 11.09% and a net margin of 9.57%. Chevron’s revenue for the quarter was up 57.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.77 EPS. Sell-side analysts expect that Chevron Corporation will post 18.20 earnings per share for the current fiscal year.

Chevron Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th were given a dividend of $1.78 per share. This represents a $7.12 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Wednesday, August 19th. Chevron’s payout ratio is 68.26%.

Insiders Place Their Bets

In other news, CEO Michael K. Wirth sold 317,100 shares of the company’s 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 in the company, valued at approximately $5,273,701.68. This represents a 92.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Andrew Walz sold 16,800 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $201.06, for a total transaction of $3,377,808.00. Following the completion of the transaction, the insider owned 14 shares of the company’s stock, valued at $2,814.84. This represents a 99.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,195,682 shares of company stock valued at $235,619,780 over the last quarter. Corporate insiders own 0.56% of the company’s stock.

Chevron Company 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.