Chevron Corporation $CVX Shares Acquired by Florida Financial Advisors LLC

Florida Financial Advisors LLC increased its stake in shares of Chevron Corporation (NYSE:CVX) by 77.9% in the 3rd quarter, Holdings Channel reports. The firm owned 9,607 shares of the oil and gas company’s stock after purchasing an additional 4,208 shares during the period. Florida Financial Advisors LLC’s holdings in Chevron were worth $1,492,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Quaker Wealth Management LLC lifted its position in shares of Chevron by 197.7% in the second quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock valued at $31,000 after acquiring an additional 439 shares in the last quarter. Decker Retirement Planning Inc. acquired a new position in Chevron in the 3rd quarter valued at $34,000. Vermillion & White Wealth Management Group LLC lifted its holdings in Chevron by 86.1% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock valued at $37,000 after purchasing an additional 118 shares in the last quarter. IMG Wealth Management Inc. boosted its stake in Chevron by 52.3% during the 2nd quarter. IMG Wealth Management Inc. now owns 265 shares of the oil and gas company’s stock worth $38,000 after purchasing an additional 91 shares during the last quarter. Finally, Marquette Asset Management LLC purchased a new stake in shares of Chevron during the third quarter worth $41,000. 72.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Chevron

In other Chevron news, CTO Thomas Ryder Booth sold 6,000 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $178.43, for a total value of $1,070,580.00. Following the transaction, the chief technology officer owned 476 shares of the company’s stock, valued at $84,932.68. This represents a 92.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Vice Chairman Mark A. Nelson sold 45,800 shares of Chevron stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $174.17, for a total transaction of $7,976,986.00. Following the sale, the insider owned 7,161 shares of the company’s stock, valued at approximately $1,247,231.37. This represents a 86.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 793,163 shares of company stock worth $127,920,502 in the last 90 days. Insiders own 0.21% of the company’s stock.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Venezuela is set to grant additional oil drilling blocks to Chevron and Repsol, a development that would expand production opportunity and reserves in a high-impact basin. Venezuela set to grant more oil drilling blocks to Chevron, Repsol – Bloomberg
• Positive Sentiment: Chevron has begun processing Venezuelan crude at a Gulf Coast refinery — a tangible near-term boost to volumes/refining feedstock access and a sign of resumed operations tied to political changes. Inside Chevron’s flagship refinery tapping into Venezuelan crude after Maduro’s capture
• Positive Sentiment: Chevron is returning to Libya and pursuing exploration/blocks in the Sirte Basin — a move that increases long‑term upstream optionality if political/security conditions hold. Big Oil embraces global exploration again as Chevron returns to Libya
• Positive Sentiment: Company scale in the Permian (1M boe/d) and deployment of AI/mineral-right advantages were highlighted as drivers of cash flow and cost efficiency — supportive for free cash flow and shareholder returns. Chevron’s Permian Scale Drives Cash Flow and Efficiency Edge
• Positive Sentiment: Unusual options activity: traders bought roughly 1,009,814 call options (a ~2,066% jump vs. typical volume), signaling bullish sentiment or speculative positioning that can add upward price momentum.
• Neutral Sentiment: Bangchak has acquired Chevron’s Hong Kong unit as part of regional restructuring — a non-core asset sale that is likely neutral to core upstream earnings but could slightly simplify regional operations. Bangchak acquires Chevron’s Hong Kong unit to fuel regional expansion
• Neutral Sentiment: Insider disclosure: Chevron CTO Thomas Ryder Booth sold 5 shares (de minimis), an immaterial transaction unlikely to affect investor view. SEC Form 4 disclosure

Wall Street Analyst Weigh In

CVX has been the topic of several research reports. Zacks Research raised shares of Chevron from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. Freedom Capital lowered shares of Chevron from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Sanford C. Bernstein boosted their target price on Chevron from $170.00 to $172.00 and gave the stock a “market perform” rating in a report on Monday, January 5th. Citigroup cut their price target on Chevron from $185.00 to $179.00 and set a “buy” rating for the company in a report on Monday, January 5th. Finally, Morgan Stanley lowered their price objective on Chevron from $180.00 to $174.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. Twelve research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $175.00.

Chevron Stock Up 0.7%

CVX stock opened at $183.65 on Friday. Chevron Corporation has a one year low of $132.04 and a one year high of $186.52. The firm has a market cap of $369.79 billion, a PE ratio of 27.58, a PEG ratio of 12.26 and a beta of 0.70. The firm’s 50 day moving average price is $162.51 and its 200-day moving average price is $157.42. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 1.15.

Chevron (NYSE:CVX) last posted 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 return on equity of 8.23% and a net margin of 6.51%.The company had revenue of $45.79 billion during the quarter, compared to analysts’ expectations of $48.18 billion. During the same quarter last year, the firm earned $2.06 earnings per share. The firm’s quarterly revenue was down 10.2% compared to the same quarter last year. On average, equities research analysts anticipate that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be given a dividend of $1.78 per share. 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 a positive change from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio is 102.70%.

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.