Chevron Corporation $CVX Stock Position Raised by Constant Guidance Financial LLC

Constant Guidance Financial LLC grew its holdings in shares of Chevron Corporation (NYSE:CVX) by 94.4% during the first quarter, Holdings Channel reports. The firm owned 16,539 shares of the oil and gas company’s stock after purchasing an additional 8,030 shares during the quarter. Chevron comprises about 2.4% of Constant Guidance Financial LLC’s holdings, making the stock its 7th largest position. Constant Guidance Financial LLC’s holdings in Chevron were worth $3,422,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in Chevron in the 4th quarter valued at approximately $3,727,586,000. State Street Corp increased its position in shares of Chevron by 9.1% during the third quarter. State Street Corp now owns 152,605,988 shares of the oil and gas company’s stock worth $23,698,184,000 after acquiring an additional 12,789,399 shares during the period. Berkshire Hathaway Inc raised its stake in shares of Chevron by 6.6% in the fourth quarter. Berkshire Hathaway Inc now owns 130,156,362 shares of the oil and gas company’s stock valued at $19,837,131,000 after acquiring an additional 8,091,570 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Chevron by 822.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,211,258 shares of the oil and gas company’s stock valued at $946,658,000 after purchasing an additional 5,537,580 shares during the period. Finally, Aristotle Capital Management LLC grew its stake in Chevron by 653.0% during the 1st quarter. Aristotle Capital Management LLC now owns 4,526,223 shares of the oil and gas company’s stock worth $936,492,000 after purchasing an additional 3,925,137 shares in the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Chevron Stock Performance

Shares of Chevron stock opened at $187.70 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.84. The stock has a market capitalization of $373.82 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 0.63 and a beta of 0.50. Chevron Corporation has a 12 month low of $146.49 and a 12 month high of $214.71. The firm’s fifty day simple moving average is $181.80 and its 200-day simple moving average is $184.43.

Chevron (NYSE:CVX) last announced its earnings results on Friday, May 1st. The oil and gas company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.41. The business had revenue of $47.56 billion during the quarter, compared to the consensus estimate of $51.86 billion. Chevron had a net margin of 5.79% and a return on equity of 6.90%. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.18 earnings per share. As a group, equities analysts forecast that Chevron Corporation will post 15.6 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Bank of America lifted their price objective on Chevron from $210.00 to $227.00 and gave the company a “buy” rating in a research note on Tuesday. Mizuho raised their target price on shares of Chevron from $225.00 to $230.00 and gave the company an “outperform” rating in a report on Wednesday, May 27th. Weiss Ratings downgraded shares of Chevron from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. BNP Paribas Exane upgraded shares of Chevron from a “neutral” rating to an “outperform” rating and set a $174.00 price target for the company in a report on Friday, April 17th. Finally, Morgan Stanley dropped their price objective on shares of Chevron from $214.00 to $210.00 and set an “overweight” rating on the stock in a research report on Monday, June 29th. Nineteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $206.04.

Insider Buying and Selling

In other news, Director John B. Hess sold 380,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $193.20, for a total value of $73,416,000.00. Following the completion of the sale, the director owned 278,045 shares in the company, valued at approximately $53,718,294. This trade represents a 57.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.56% of the company’s stock.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron raised its quarterly dividend, extending its decades-long record of dividend increases. The move reinforces the company’s appeal to income-focused investors and signals confidence in cash-flow generation. Chevron Lifts Quarterly Dividend
• Positive Sentiment: Chevron is evaluating opportunities in Iraq’s large oil fields and export infrastructure, potentially expanding its upstream presence in a major producing region. Chevron Returns to Iraq
• Positive Sentiment: A Chevron subsidiary awarded a roughly $51 million, multiyear drilling contract for Malaysia’s North Malay Basin gas development. The project supports longer-term production growth, although its immediate earnings impact is likely limited. Chevron Signs North Malay Basin Contract
• Neutral Sentiment: Analysts and fund commentary remain constructive on Chevron’s ability to benefit from elevated commodity prices, but investors are focused on whether second-quarter results and management guidance can support the stock near its buy point. Pre-Q2 Earnings: Is Chevron Stock a Buy, Hold, or Sell?
• Neutral Sentiment: Chief Executive Mike Wirth met with U.S. officials about protecting Chevron’s Kazakhstan assets, highlighting the strategic importance of the operations while also underscoring geopolitical and regulatory exposure. Chevron Meets U.S. Officials Over Kazakhstan Assets
• Negative Sentiment: Crude prices fell sharply after President Trump indicated possible negotiations with Iran, reducing geopolitical supply-risk premiums. Brent and West Texas Intermediate declines pulled the broader energy sector lower and directly pressured Chevron’s near-term earnings outlook. Oil Prices Slide as Trump Touts Possible Negotiations With Iran

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.