Chevron Corporation $CVX Shares Sold by OneAscent Financial Services LLC

OneAscent Financial Services LLC cut its stake in Chevron Corporation (NYSE:CVX) by 33.2% in the third quarter, Holdings Channel reports. The firm owned 10,457 shares of the oil and gas company’s stock after selling 5,199 shares during the period. OneAscent Financial Services LLC’s holdings in Chevron were worth $1,624,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. OneAscent Family Office LLC raised its holdings in shares of Chevron by 7.9% in the third quarter. OneAscent Family Office LLC now owns 3,218 shares of the oil and gas company’s stock worth $500,000 after buying an additional 236 shares during the last quarter. EWA LLC increased its position in shares of Chevron by 51.5% in the 3rd quarter. EWA LLC now owns 2,123 shares of the oil and gas company’s stock valued at $330,000 after acquiring an additional 722 shares during the period. Intact Investment Management Inc. increased its position in shares of Chevron by 55.2% in the 3rd quarter. Intact Investment Management Inc. now owns 83,162 shares of the oil and gas company’s stock valued at $12,914,000 after acquiring an additional 29,562 shares during the period. Shoker Investment Counsel Inc. raised its stake in Chevron by 0.5% in the 3rd quarter. Shoker Investment Counsel Inc. now owns 22,603 shares of the oil and gas company’s stock worth $3,510,000 after acquiring an additional 103 shares during the last quarter. Finally, Mutual of America Capital Management LLC lifted its position in Chevron by 11.6% during the 3rd quarter. Mutual of America Capital Management LLC now owns 214,848 shares of the oil and gas company’s stock worth $33,364,000 after acquiring an additional 22,347 shares during the period. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Chevron Trading Up 0.0%

Chevron stock opened at $166.74 on Monday. The firm has a market cap of $335.73 billion, a PE ratio of 23.45, a P/E/G ratio of 11.38 and a beta of 0.70. Chevron Corporation has a 12 month low of $132.04 and a 12 month high of $169.37. The stock’s 50 day simple moving average is $154.52 and its two-hundred day simple moving average is $154.84. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19.

Chevron (NYSE:CVX) last posted its earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.71 by $0.14. Chevron had a net margin of 6.57% and a return on equity of 8.74%. The firm had revenue of $48.17 billion during the quarter, compared to analysts’ expectations of $46.99 billion. During the same period in the previous year, the business posted $2.48 EPS. The business’s revenue was down 1.9% compared to the same quarter last year. Analysts anticipate that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 18th were paid a dividend of $1.71 per share. This represents a $6.84 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Tuesday, November 18th. Chevron’s dividend payout ratio is presently 96.20%.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Heavy options activity suggests institutional bullishness — Benzinga reports “smart money” is placing large bets in CVX options, which can signal traders positioning for upside or volatility. Smart Money Is Betting Big In CVX Options
• Positive Sentiment: Broker upgrades/target increases are lifting sentiment — JPMorgan upgraded CVX and Scotiabank raised its target to $168, providing analyst support for the stock. Chevron Stock Rating Upgraded by JPMorgan Chase & Co. Scotiabank raises CVX target to $168
• Positive Sentiment: Portfolio moves and buy-side commentary emphasize CVX’s yield and balance-sheet strength — The Motley Fool and dividend-screen lists continue to feature Chevron as an income pick, which can attract long-term income-focused buyers. 3 Reasons to Buy Chevron Stock Like There’s No Tomorrow Best Dividend Stocks to Buy in 2026
• Positive Sentiment: Asset-sale progress to streamline portfolio — Chevron expects to conclude the sale of its Singapore refining stake by Q1, which could free cash and improve capital allocation. Chevron Plans to Conclude Sale of Singapore Assets by Q1 FY26
• Neutral Sentiment: Longer-term catalysts under review — Coverage pieces highlight Leviathan expansion, progress on Venezuela exposure and post‑Hess integration as potential longer-term upside drivers; these are not immediate earnings drivers but could affect valuation over time. Chevron (CVX) Valuation Check After Leviathan Expansion U.S. Moves on Venezuela and Leviathan Gas Might Change The Case For Investing In Chevron
• Neutral Sentiment: Analyst commentary roundup — The Globe and Mail and other outlets are publishing analyst insights on CVX; useful for context but not single‑handedly market moving. Analysts Offer Insights on Energy Companies: Chevron (CVX)
• Negative Sentiment: Operational disruption at Tengiz is a near-term headwind — Chevron says production at the large Tengiz field in Kazakhstan has not resumed following a recent shutdown, which could trim volumes and revenue while outage persists. Kazakhstan’s Tengiz oil production has not yet resumed, Chevron says
• Negative Sentiment: Q4 earnings expectations look weak — A Zacks preview notes Chevron lacks the key ingredients for an earnings beat and Q4 EPS are expected to decline, which raises the risk of a disappointed reaction when the company reports. Earnings Preview: Chevron (CVX) Q4 Earnings Expected to Decline

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on CVX shares. Citigroup cut their price objective on Chevron from $185.00 to $179.00 and set a “buy” rating on the stock in a report on Monday, January 5th. Wells Fargo & Company upped their target price on Chevron from $190.00 to $196.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. Piper Sandler reduced their price target on shares of Chevron from $178.00 to $174.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. Sanford C. Bernstein lifted their price objective on shares of Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a research note on Monday, January 5th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Chevron in a research note on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $170.00.

Insider Activity

In other news, CFO Eimear P. Bonner sold 28,334 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $165.05, for a total transaction of $4,676,526.70. Following the sale, the chief financial officer directly owned 4,366 shares in the company, valued at $720,608.30. This trade represents a 86.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John B. Hess sold 275,000 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $150.75, for a total value of $41,456,250.00. Following the completion of the transaction, the director directly owned 1,128,045 shares of the company’s stock, valued at $170,052,783.75. The trade was a 19.60% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 635,190 shares of company stock valued at $100,254,408. Insiders own 0.20% of the company’s stock.

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.