Chevron Corporation $CVX Shares Sold by Westover Capital Advisors LLC

Westover Capital Advisors LLC decreased its holdings in Chevron Corporation (NYSE:CVX) by 41.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 11,844 shares of the oil and gas company’s stock after selling 8,500 shares during the quarter. Westover Capital Advisors LLC’s holdings in Chevron were worth $1,839,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Castellan Group grew its holdings in Chevron by 10.7% in the second quarter. Castellan Group now owns 20,405 shares of the oil and gas company’s stock valued at $2,922,000 after purchasing an additional 1,965 shares during the last quarter. Perfromance Wealth Partners LLC purchased a new stake in shares of Chevron in the 2nd quarter worth about $205,000. AEGON ASSET MANAGEMENT UK Plc grew its stake in Chevron by 47.7% in the 2nd quarter. AEGON ASSET MANAGEMENT UK Plc now owns 156,861 shares of the oil and gas company’s stock valued at $22,448,000 after acquiring an additional 50,670 shares during the last quarter. Mitchell Mcleod Pugh & Williams Inc. increased its holdings in Chevron by 3.8% during the 2nd quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 22,248 shares of the oil and gas company’s stock valued at $3,186,000 after acquiring an additional 805 shares in the last quarter. Finally, Harbour Investments Inc. lifted its holdings in shares of Chevron by 3.0% in the second quarter. Harbour Investments Inc. now owns 27,250 shares of the oil and gas company’s stock valued at $3,902,000 after purchasing an additional 803 shares in the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron won rights to a prized Sirte Basin block in Libya — its first entry there in years, opening access to large reserves and near-term production optionality. Chevron to enter Libya after winning bid for prized Sirte Basin block
• Positive Sentiment: Market reaction to the Libya award pushed the stock to fresh highs as investors price in reserve growth and longer-term production upside. Chevron Stock Smashes 52-Week High After Big Libya Oil Win
• Positive Sentiment: Chevron raised its quarterly dividend ~4.09% (to $1.78), supporting income-focused demand and signaling free-cash-flow confidence. Chevron Dividend Increase By 4.09%
• Positive Sentiment: Macro/sector tailwinds: investors are rotating into energy as a defensive/high-yield play, which benefits large integrated producers like Chevron. Energy Stocks Are Winning 2026. Why They Could Keep Going.
• Positive Sentiment: Analyst/commentary pieces highlight Chevron’s potential to be a top performer in 2026 based on cost discipline and projected free-cash-flow growth at current oil prices. This Stock Could Be a Top Performer in Its Sector By the End of 2026
• Neutral Sentiment: Corporate moves: leadership shifts and new deals are being cited as factors that could reshape valuation/momentum — watch management commentary for clarity on strategy. Chevron Leadership Shifts And New Deals Shape Valuation And Growth Outlook
• Neutral Sentiment: Comparisons with peers (e.g., Enterprise Products Partners, ConocoPhillips) highlight trade-offs between commodity exposure and steadier cash flows — useful for relative-value decisions. Enterprise Products Partners vs. Chevron
• Negative Sentiment: Reminder of near-term fundamentals: Chevron’s 2025 earnings fell significantly year-over-year, and the stock is trading near highs — raising valuation/mean-reversion risk if oil prices or execution weaken. I Said I’d Buy Chevron Over ConocoPhillips in 2026

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Zacks Research raised shares of Chevron from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. Bank of America dropped their price target on Chevron from $183.00 to $180.00 and set a “buy” rating for the company in a research report on Thursday, December 11th. HSBC downgraded Chevron from a “buy” rating to a “hold” rating and set a $180.00 price objective on the stock. in a research report on Monday, February 2nd. Raymond James Financial reiterated an “outperform” rating and set a $160.00 price objective (down previously from $170.00) on shares of Chevron in a research report on Friday, October 17th. Finally, Freedom Capital lowered shares of Chevron from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Twelve investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $175.00.

Insider Activity at Chevron

In other Chevron news, CTO Thomas Ryder Booth sold 6,000 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $178.43, for a total transaction of $1,070,580.00. Following the completion of the sale, the chief technology officer owned 476 shares of the company’s stock, valued at approximately $84,932.68. The trade was a 92.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Eimear P. Bonner sold 32,100 shares of the company’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $175.01, for a total value of $5,617,821.00. Following the sale, the chief financial officer owned 4,366 shares of the company’s stock, valued at $764,093.66. This represents a 88.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 793,158 shares of company stock worth $127,919,578. 0.21% of the stock is owned by corporate insiders.

Chevron Stock Up 2.0%

CVX opened at $185.83 on Thursday. Chevron Corporation has a 12 month low of $132.04 and a 12 month high of $186.52. The business has a 50-day moving average of $161.23 and a two-hundred day moving average of $157.06. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. The stock has a market capitalization of $374.16 billion, a price-to-earnings ratio of 27.90, a price-to-earnings-growth ratio of 12.25 and a beta of 0.70.

Chevron (NYSE:CVX) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.08. Chevron had a net margin of 6.51% and a return on equity of 8.23%. The business had revenue of $45.79 billion for the quarter, compared to analysts’ expectations of $48.18 billion. During the same period last year, the company earned $2.06 earnings per share. The company’s quarterly revenue was down 10.2% on a year-over-year basis. On average, research analysts expect that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $1.78 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $7.12 annualized dividend and a dividend yield of 3.8%. This is a boost from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio is presently 106.91%.

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.