Milestones Administradora de Recursos Ltda. Sells 15,170 Shares of Chevron Corporation $CVX

Milestones Administradora de Recursos Ltda. lowered its stake in shares of Chevron Corporation (NYSE:CVX) by 50.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,170 shares of the oil and gas company’s stock after selling 15,170 shares during the quarter. Chevron accounts for 0.8% of Milestones Administradora de Recursos Ltda.’s investment portfolio, making the stock its 15th largest holding. Milestones Administradora de Recursos Ltda.’s holdings in Chevron were worth $2,356,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Berkshire Hathaway Inc grew its stake in shares of Chevron by 2.9% in the 2nd quarter. Berkshire Hathaway Inc now owns 122,064,792 shares of the oil and gas company’s stock worth $17,478,458,000 after acquiring an additional 3,454,258 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Chevron by 4.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 34,772,753 shares of the oil and gas company’s stock worth $4,979,255,000 after purchasing an additional 1,342,723 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Chevron by 1.9% during the second quarter. Fisher Asset Management LLC now owns 20,826,805 shares of the oil and gas company’s stock worth $2,982,190,000 after purchasing an additional 378,936 shares during the last quarter. Norges Bank purchased a new stake in Chevron in the 2nd quarter valued at about $2,721,477,000. Finally, Franklin Resources Inc. increased its stake in Chevron by 2.1% in the 2nd quarter. Franklin Resources Inc. now owns 17,764,589 shares of the oil and gas company’s stock valued at $2,543,712,000 after buying an additional 370,287 shares during the last quarter. 72.42% of the stock is owned by hedge funds and other institutional investors.

Key Headlines 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

Chevron Price Performance

Shares of NYSE CVX opened at $166.74 on Monday. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. The stock has a fifty day simple moving average of $154.52 and a two-hundred day simple moving average of $154.84. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $169.37. The firm has a market cap of $335.73 billion, a price-to-earnings ratio of 23.45, a price-to-earnings-growth ratio of 11.38 and a beta of 0.70.

Chevron (NYSE:CVX) last issued 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. The firm had revenue of $48.17 billion for the quarter, compared to analyst estimates of $46.99 billion. Chevron had a return on equity of 8.74% and a net margin of 6.57%.The business’s revenue was down 1.9% on a year-over-year basis. During the same period in the previous year, the company posted $2.48 earnings per share. Analysts anticipate that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. upgraded Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 target price on the stock in a research note on Tuesday, January 20th. Wall Street Zen downgraded Chevron from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Mizuho boosted their price objective on Chevron from $204.00 to $206.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Jefferies Financial Group upped their price objective on Chevron from $174.00 to $189.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $160.00 target price (down from $170.00) on shares of Chevron in a research note on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Chevron presently has an average rating of “Hold” and a consensus price target of $170.00.

Insider Buying and Selling at Chevron

In other Chevron news, Director John B. Hess sold 275,000 shares of the stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $150.75, for a total transaction of $41,456,250.00. Following the completion of the transaction, the director owned 1,128,045 shares in the company, valued at $170,052,783.75. This trade represents a 19.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Alana K. Knowles sold 3,200 shares of Chevron stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $168.00, for a total transaction of $537,600.00. Following the completion of the transaction, the insider owned 1,207 shares of the company’s stock, valued at $202,776. The trade was a 72.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 635,190 shares of company stock valued at $100,254,408 in the last three months. 0.20% of the stock is owned by company insiders.

About Chevron

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.