Kovack Advisors Inc. Sells 19,289 Shares of Chevron Corporation $CVX

Kovack Advisors Inc. decreased its holdings in Chevron Corporation (NYSE:CVX) by 30.7% in the third quarter, Holdings Channel.com reports. The firm owned 43,605 shares of the oil and gas company’s stock after selling 19,289 shares during the period. Kovack Advisors Inc.’s holdings in Chevron were worth $6,771,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in CVX. Castellan Group boosted its holdings in Chevron by 10.7% during the 2nd quarter. Castellan Group now owns 20,405 shares of the oil and gas company’s stock valued at $2,922,000 after acquiring an additional 1,965 shares during the period. United Bank lifted its position in Chevron by 7.7% in the second quarter. United Bank now owns 11,079 shares of the oil and gas company’s stock valued at $1,586,000 after purchasing an additional 796 shares during the last quarter. Schnieders Capital Management LLC. lifted its position in Chevron by 9.0% in the second quarter. Schnieders Capital Management LLC. now owns 50,839 shares of the oil and gas company’s stock valued at $7,280,000 after purchasing an additional 4,214 shares during the last quarter. Caliber Wealth Management LLC KS increased its stake in shares of Chevron by 7.9% in the second quarter. Caliber Wealth Management LLC KS now owns 1,997 shares of the oil and gas company’s stock worth $286,000 after buying an additional 146 shares during the period. Finally, Forum Financial Management LP raised its holdings in Chevron by 0.4% during the 2nd quarter. Forum Financial Management LP now owns 33,007 shares of the oil and gas company’s stock valued at $4,726,000 after buying an additional 145 shares during the last quarter. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analyst upgrades lifted momentum—markets reacted to research firms raising ratings on CVX, which helped drive intraday buying interest. Chevron (NYSE:CVX) Shares Up 1.8% After Analyst Upgrade
• Positive Sentiment: Technical/price momentum — coverage notes Chevron hitting a 52‑week high, signaling strong investor appetite and momentum chasing. Chevron Corp Hits 52-Week High — What’s Driving The Move?
• Positive Sentiment: Dividend narrative remains supportive—multiple outlets highlight Chevron as a dividend stalwart attractive to income investors and retirees, lifting demand from yield-focused buyers. Retirees Are Winning Big in 2026: 3 Popular Dividend Stocks Are Soaring
• Positive Sentiment: Long-term investor endorsements — analysis pieces recommending buy-and-hold strategies for Chevron (compared to Berkshire-style holdings) add credibility to long-term demand. Chevron: Buy And Hold Like Berkshire Hathaway
• Neutral Sentiment: Valuation check — coverage asks whether CVX is still attractively priced after multi‑year gains; useful for investors weighing further allocation but not an immediate catalyst. Is Chevron (CVX) Still Priced Attractively After Strong Multi Year Share Gains
• Neutral Sentiment: Peer comparison and income debate — head‑to‑head articles comparing Chevron and ExxonMobil inform investor choice between similar dividend names but don’t create immediate price moves. Chevron vs. ExxonMobil: Which Oil Dividend Giant Is the Better Buy for Income Investors?
• Neutral Sentiment: Sector tailwinds — broader coverage of energy stocks outperforming the S&P supports the group, which helps CVX, but this is a macro tailwind rather than company‑specific news. Why energy stocks are crushing the S&P 500 in 2026
• Negative Sentiment: Geopolitical risk — Turkey publicly opposed Greece/Chevron hydrocarbon activity off Crete, raising regulatory and reputational risk that could complicate Mediterranean projects. Turkey says Greece-Chevron activity off Crete unlawful
• Negative Sentiment: Insider selling reported — a filing and related coverage noted insider sales, which can weigh on short‑term sentiment even if not indicative of company fundamentals. Chevron (NYSE:CVX) Stock Price Down 1.8% After Insider Selling

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on CVX shares. Freedom Capital lowered shares of Chevron from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. TD Cowen increased their target price on shares of Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a report on Monday, February 2nd. Argus set a $203.00 price target on Chevron in a report on Tuesday, February 3rd. Wells Fargo & Company upped their price target on Chevron from $196.00 to $204.00 and gave the company an “overweight” rating in a research report on Monday, February 2nd. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $190.00 price objective on shares of Chevron in a report on Monday, February 2nd. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $176.36.

Insider Transactions at Chevron

In other Chevron news, insider Andrew Benjamin Walz sold 666 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $183.40, for a total value of $122,144.40. Following the sale, the insider owned 1,463 shares in the company, valued at approximately $268,314.20. This represents a 31.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Vice Chairman Mark A. Nelson sold 45,800 shares of Chevron stock in a transaction that occurred on 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 transaction, the insider owned 7,161 shares of the company’s stock, valued at $1,247,231.37. The trade was a 86.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 531,027 shares of company stock worth $88,833,430. 0.21% of the stock is owned by insiders.

Chevron Price Performance

CVX stock opened at $184.89 on Friday. Chevron Corporation has a 1 year low of $132.04 and a 1 year high of $187.90. The company has a market cap of $372.27 billion, a P/E ratio of 27.76, a PEG ratio of 12.17 and a beta of 0.70. The firm has a 50-day moving average of $165.18 and a 200 day moving average of $158.25. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86.

Chevron (NYSE:CVX) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, beating 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 business had revenue of $45.79 billion for the quarter, compared to analysts’ expectations of $48.18 billion. During the same period in the previous year, the firm posted $2.06 EPS. The business’s revenue was down 10.2% on a year-over-year basis. On average, sell-side analysts forecast that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be issued a dividend of $1.78 per share. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date is Tuesday, February 17th. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.9%. Chevron’s dividend payout ratio (DPR) is presently 106.91%.

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.