Chevron Corporation $CVX Stock Purchased by Rahlfs Capital LLC

Rahlfs Capital LLC grew its stake in shares of Chevron Corporation (NYSE:CVX) by 37.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 11,069 shares of the oil and gas company’s stock after purchasing an additional 3,000 shares during the quarter. Chevron makes up 1.3% of Rahlfs Capital LLC’s investment portfolio, making the stock its 24th largest position. Rahlfs Capital LLC’s holdings in Chevron were worth $2,260,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Beaumont Financial Advisors LLC lifted its holdings in shares of Chevron by 42.8% during the third quarter. Beaumont Financial Advisors LLC now owns 27,177 shares of the oil and gas company’s stock worth $5,550,000 after buying an additional 8,145 shares in the last quarter. Atala Financial Inc grew its stake in shares of Chevron by 5.8% in the third quarter. Atala Financial Inc now owns 7,970 shares of the oil and gas company’s stock valued at $1,628,000 after acquiring an additional 435 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its stake in shares of Chevron by 2.2% in the third quarter. Fifth Third Wealth Advisors LLC now owns 57,579 shares of the oil and gas company’s stock valued at $11,758,000 after acquiring an additional 1,255 shares in the last quarter. BRIA Capital Group LLC grew its stake in shares of Chevron by 6.1% in the third quarter. BRIA Capital Group LLC now owns 21,519 shares of the oil and gas company’s stock valued at $4,394,000 after acquiring an additional 1,231 shares in the last quarter. Finally, Sterling Capital Management LLC grew its stake in shares of Chevron by 78.3% in the third quarter. Sterling Capital Management LLC now owns 124,653 shares of the oil and gas company’s stock valued at $25,455,000 after acquiring an additional 54,729 shares in the last quarter. 72.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CVX has been the topic of a number of recent research reports. Wall Street Zen raised shares of Chevron from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. TD Cowen boosted their price objective on shares of Chevron from $215.00 to $225.00 and gave the company a “hold” rating in a report on Monday, October 12th. JPMorgan Chase & Co. boosted their price objective on shares of Chevron from $190.00 to $222.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. The Goldman Sachs Group restated a “buy” rating and set a $241.00 target price on shares of Chevron in a research report on Tuesday, October 20th. Finally, Morgan Stanley raised their target price on shares of Chevron from $218.00 to $226.00 and gave the stock an “overweight” rating in a report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $213.96.

Chevron Stock Up 0.1%

Shares of CVX opened at $233.39 on Monday. The firm has a 50 day simple moving average of $210.61 and a two-hundred day simple moving average of $194.35. 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 one year low of $146.49 and a one year high of $233.74. The company has a market cap of $461.13 billion, a P/E ratio of 22.38, a P/E/G ratio of 0.55 and a beta of 0.53.

Chevron (NYSE:CVX) last issued its earnings results on Friday, July 31st. The oil and gas company reported $6.06 earnings per share for the quarter, beating analysts’ consensus estimates of $5.55 by $0.51. The firm had revenue of $67.20 billion for the quarter, compared to the consensus estimate of $62.72 billion. Chevron had a return on equity of 11.09% and a net margin of 9.57%. The company’s revenue was up 57.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.77 EPS. Research analysts forecast that Chevron Corporation will post 18.20 EPS for the current fiscal year.

Chevron Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 3.1%. Chevron’s payout ratio is 68.26%.

Insiders Place Their Bets

In related news, insider Andrew Walz sold 16,800 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $201.06, for a total transaction of $3,377,808.00. Following the completion of the sale, the insider directly owned 14 shares in the company, valued at $2,814.84. This represents a 99.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John Hess sold 100,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $194.26, for a total value of $19,426,000.00. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,195,682 shares of company stock valued at $235,619,780 in the last quarter. Corporate insiders own 0.56% of the company’s stock.

Key Chevron News

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 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.