CENTRAL TRUST Co Trims Stake in Chevron Corporation $CVX

CENTRAL TRUST Co cut its stake in shares of Chevron Corporation (NYSE:CVX) by 1.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 169,314 shares of the oil and gas company’s stock after selling 3,330 shares during the quarter. CENTRAL TRUST Co’s holdings in Chevron were worth $26,293,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vishria Bird Financial Group LLC grew its stake in shares of Chevron by 1.2% during the 3rd quarter. Vishria Bird Financial Group LLC now owns 5,285 shares of the oil and gas company’s stock valued at $821,000 after acquiring an additional 65 shares during the period. Nexus Investment Management ULC boosted its position in shares of Chevron by 0.9% in the third quarter. Nexus Investment Management ULC now owns 7,641 shares of the oil and gas company’s stock worth $1,187,000 after purchasing an additional 65 shares during the period. Scott & Selber Inc. increased its stake in shares of Chevron by 0.5% in the third quarter. Scott & Selber Inc. now owns 13,391 shares of the oil and gas company’s stock worth $2,079,000 after purchasing an additional 65 shares in the last quarter. White Knight Strategic Wealth Advisors LLC raised its position in shares of Chevron by 3.0% during the 2nd quarter. White Knight Strategic Wealth Advisors LLC now owns 2,230 shares of the oil and gas company’s stock valued at $319,000 after purchasing an additional 65 shares during the period. Finally, William B. Walkup & Associates Inc. raised its position in shares of Chevron by 1.0% during the 3rd quarter. William B. Walkup & Associates Inc. now owns 6,356 shares of the oil and gas company’s stock valued at $987,000 after purchasing an additional 66 shares during the period. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on CVX. HSBC lowered Chevron from a “buy” rating to a “hold” rating and set a $180.00 price target for the company. in a research note on Monday, February 2nd. Freedom Capital cut Chevron from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Wells Fargo & Company lifted their target price on Chevron from $196.00 to $204.00 and gave the company an “overweight” rating in a research note on Monday, February 2nd. Barclays upped their price target on Chevron from $158.00 to $166.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 21st. Finally, Morgan Stanley cut their price objective on shares of Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. Twelve research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, Chevron presently has an average rating of “Hold” and an average target price of $175.00.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron has begun processing Venezuelan crude at a Gulf Coast refinery after recent political developments, marking the company’s first public acknowledgment of these operations — this boosts near‑term feedstock access and refining margins. Inside Chevron’s flagship refinery tapping into Venezuelan crude after Maduro’s capture
• Positive Sentiment: Reports say Venezuela plans to grant Chevron additional oil‑production blocks, which could expand upstream volumes and long‑term reserves exposure if contracts are finalized. Venezuela to grant more oil drilling blocks to Chevron, Repsol
• Positive Sentiment: Chevron won blocks in Libya’s Sirte Basin — a material upstream win that supports future production optionality and helped push the stock to 52‑week highs earlier this week. Chevron to enter Libya after awarded prized Sirte Basin block
• Positive Sentiment: Operational strength in the Permian (1M boe/d) and AI-driven efficiencies are cited as drivers of improved cash flow and margin expansion — a structural tailwind for free cash flow and buybacks/dividends. Chevron’s Permian Scale Drives Cash Flow and Efficiency Edge
• Positive Sentiment: Chevron increased its quarterly dividend ~4.1%, reinforcing the income appeal for investors and supporting valuation expectations for yield‑sensitive holders. Chevron Dividend Increase By 4.09%
• Neutral Sentiment: Positive analyst and media coverage (Barron’s, Motley Fool pieces) highlight sector tailwinds and Chevron’s execution, but these are commentary rather than new catalysts. Energy Stocks Are Winning 2026. Why They Could Keep Going.
• Neutral Sentiment: Insider disclosure: CTO Thomas Ryder Booth sold 5 shares (nominal amount) — too small to indicate management trend. SEC Form 4 disclosure

Insiders Place Their Bets

In other news, CEO Michael K. Wirth sold 320,700 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $162.99, for a total transaction of $52,270,893.00. Following the sale, the chief executive officer directly owned 14,450 shares in the company, valued at approximately $2,355,205.50. This represents a 95.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Eimear P. Bonner sold 32,100 shares of the stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $175.01, for a total transaction of $5,617,821.00. Following the completion of the transaction, the chief financial officer directly owned 4,366 shares of the company’s stock, valued at approximately $764,093.66. The trade was a 88.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 793,163 shares of company stock worth $127,920,502. Insiders own 0.21% of the company’s stock.

Chevron Price Performance

Shares of Chevron stock opened at $182.46 on Friday. The stock has a 50 day moving average of $161.84 and a 200 day moving average of $157.23. Chevron Corporation has a 12 month low of $132.04 and a 12 month high of $186.52. The firm has a market cap of $367.38 billion, a PE ratio of 27.40, a PEG ratio of 12.49 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 (NYSE:CVX) last released its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The business had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. Chevron had a return on equity of 8.23% and a net margin of 6.51%.The company’s revenue was down 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.06 EPS. On average, research analysts expect that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be paid a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, February 17th. This is an increase from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio is 102.70%.

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.