Chevron Corporation $CVX Shares Sold by Stack Financial Management Inc

Stack Financial Management Inc cut its holdings in shares of Chevron Corporation (NYSE:CVX) by 1.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 271,096 shares of the oil and gas company’s stock after selling 3,891 shares during the period. Chevron makes up approximately 3.5% of Stack Financial Management Inc’s investment portfolio, making the stock its 8th largest holding. Stack Financial Management Inc’s holdings in Chevron were worth $42,099,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the company. Quaker Wealth Management LLC raised its position in Chevron by 197.7% in the 2nd quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock valued at $31,000 after buying an additional 439 shares during the last quarter. Decker Retirement Planning Inc. acquired a new stake in Chevron in the 3rd quarter valued at $34,000. Vermillion & White Wealth Management Group LLC lifted its position in Chevron by 86.1% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock worth $37,000 after buying an additional 118 shares in the last quarter. Marquette Asset Management LLC bought a new position in shares of Chevron in the 3rd quarter valued at about $41,000. Finally, IMG Wealth Management Inc. grew its holdings in shares of Chevron by 52.3% in the 2nd quarter. IMG Wealth Management Inc. now owns 265 shares of the oil and gas company’s stock valued at $38,000 after acquiring an additional 91 shares in the last quarter. Institutional investors own 72.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Chevron in a research report on Wednesday, January 21st. JPMorgan Chase & Co. raised shares of Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 target price for the company in a research note on Tuesday, January 20th. Barclays increased their price target on shares of Chevron from $158.00 to $166.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 21st. UBS Group restated a “buy” rating on shares of Chevron in a research note on Monday, December 1st. Finally, Mizuho raised their target price on shares of Chevron from $204.00 to $206.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. One 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $170.00.

Insider Transactions at Chevron

In related news, CEO Michael K. Wirth sold 320,700 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $162.99, for a total transaction of $52,270,893.00. Following the sale, the chief executive officer owned 14,450 shares in the company, valued at $2,355,205.50. The trade was a 95.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director John B. Hess sold 275,000 shares of Chevron stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $150.75, for a total value of $41,456,250.00. Following the sale, the director directly owned 1,128,045 shares in the company, valued at $170,052,783.75. The trade was a 19.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 635,190 shares of company stock worth $100,254,408. Insiders own 0.20% of the company’s stock.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron plans to lift Venezuelan crude shipments to the U.S. to ~300,000 bpd in March, which should support near‑term volumes and revenues. Chevron to boost exports of Venezuelan oil to US in March, sources say
• Positive Sentiment: Wall Street remains supportive: RBC and DBS published buy ratings and BMO reiterated a Buy/Outperform, underpinning investor sentiment and providing demand-side support for the stock. RBC Capital Sticks to Their Buy Rating for Chevron (CVX)
• Positive Sentiment: Chevron added Thomas W. Horton to its board and audit committee, boosting governance credentials and signaling stronger oversight as the company executes international deals. Chevron appoints veteran executive Thomas Horton to board
• Positive Sentiment: Large money managers have been increasing Chevron positions, a sign of institutional conviction that could support the share price on dips. The Value Stock Big-Money Managers Are Quietly Buying
• Neutral Sentiment: Chevron is pursuing improved financial terms from Iraq before taking over Lukoil’s West Qurna 2 stake — a potential growth opportunity but outcomes remain uncertain and could take time to close. Exclusive: Chevron seeks better terms from Iraq before taking over Lukoil oilfield, sources say
• Neutral Sentiment: Chevron signed an MoU with Libya’s NOC to restart exploration activity — a strategic re‑entry that adds optionality but carries execution and country-risk timelines. Chevron Signs MoU With Libya’s NOC to Boost Oil and Gas Exploration
• Negative Sentiment: Political scrutiny is rising: coverage highlights pressure between Wall Street’s spending-discipline narrative and political calls to invest heavily in Venezuela — that tension could force Chevron into politically sensitive capital decisions or regulatory scrutiny. Venezuela Tests Big Oil’s Wall Street-Backed Spending Discipline
• Negative Sentiment: Senate-level disputes over U.S. involvement in Venezuela’s oil sector increase policy and reputational risk; heated hearings and political rhetoric could translate into regulatory or sanction risks. JD Vance’s ‘Petty Insults’ Involving Comparisons To ‘Forrest Gump’ Blasted By Tammy Duckworth: Your Boss Ran ‘Crying’ Bone Spurs

Chevron Trading Up 0.6%

Shares of CVX stock opened at $170.02 on Thursday. The stock has a 50 day simple moving average of $155.45 and a 200 day simple moving average of $155.13. The stock has a market cap of $342.35 billion, a P/E ratio of 23.91, a price-to-earnings-growth ratio of 11.66 and a beta of 0.70. 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 Corporation has a 1 year low of $132.04 and a 1 year high of $170.42.

Chevron (NYSE:CVX) last issued its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.71 by $0.14. Chevron had a return on equity of 8.74% and a net margin of 6.57%.The company had revenue of $48.17 billion for the quarter, compared to analysts’ expectations of $46.99 billion. During the same quarter last year, the business earned $2.48 earnings per share. Chevron’s revenue was down 1.9% on a year-over-year basis. On average, research analysts predict that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 18th were paid a $1.71 dividend. This represents a $6.84 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Tuesday, November 18th. Chevron’s dividend payout ratio is presently 96.20%.

Chevron 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.