Vinva Investment Management Ltd Grows Position in Chevron Corporation $CVX

Vinva Investment Management Ltd boosted its stake in shares of Chevron Corporation (NYSE:CVX) by 33.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,380 shares of the oil and gas company’s stock after purchasing an additional 18,057 shares during the period. Vinva Investment Management Ltd’s holdings in Chevron were worth $11,299,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in CVX. Parallel Advisors LLC increased its holdings in shares of Chevron by 4.3% during the 3rd quarter. Parallel Advisors LLC now owns 110,990 shares of the oil and gas company’s stock worth $17,236,000 after buying an additional 4,594 shares during the last quarter. Guardian Partners Inc. grew its position in Chevron by 1.4% during the third quarter. Guardian Partners Inc. now owns 68,953 shares of the oil and gas company’s stock valued at $10,659,000 after acquiring an additional 938 shares during the period. Cladis Investment Advisory LLC increased its stake in Chevron by 26.9% during the third quarter. Cladis Investment Advisory LLC now owns 5,420 shares of the oil and gas company’s stock worth $842,000 after acquiring an additional 1,150 shares during the last quarter. Natixis Advisors LLC increased its stake in Chevron by 30.2% during the third quarter. Natixis Advisors LLC now owns 1,445,704 shares of the oil and gas company’s stock worth $224,503,000 after acquiring an additional 335,071 shares during the last quarter. Finally, Korea Investment CORP increased its stake in Chevron by 24.7% during the third quarter. Korea Investment CORP now owns 1,412,522 shares of the oil and gas company’s stock worth $219,351,000 after acquiring an additional 279,489 shares during the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Geopolitical risk has pushed crude above $100–$116/bbl, directly boosting oil-giant revenues and margins; higher spot prices are a primary driver of today’s upside for CVX. Double, Double, Oil and Trouble: Crude Hits $116 and Here’s What It Means
• Positive Sentiment: Bank of America upgraded CVX to a $206 target, prompting fresh buying interest and helping push the stock toward its 1‑year high. Chevron (CVX) Stock Surges Past $191 Following BofA’s Bullish $206 Target Upgrade
• Positive Sentiment: Strategic M&A/asset wins: Chevron closed the Hess deal (adding Guyana exposure) and secured exclusive talks for Iraq’s West Qurna 2 — both support longer‑term production growth and valuation upside. Chevron’s Hess Deal And West Qurna 2 Talks Test Valuation Story
• Positive Sentiment: Defensive/dividend positioning: coverage highlights Chevron’s strong cash flow and long dividend track record, attracting yield-seeking institutional flows amid market volatility. MarketBeat: Chevron highlighted among high-yield defensive stocks
• Neutral Sentiment: Venezuela has resumed diluted crude exports, which could relieve some near-term regional strain; that development is being watched for its net effect on prices (mixed directional impact). Venezuela is back in the oil game at a critical moment
• Neutral Sentiment: Market headlines (e.g., energy names surging while growth suffers) are lifting CVX alongside peers; these flows can be volatile and sentiment-driven. Exxon & Chevron Jump While Berkshire Drops on Sunday Night
• Negative Sentiment: Large insider stock sales by CEO Michael Wirth and Vice Chairman Mark Nelson (multi‑million dollar transactions) may raise governance/perception concerns for some investors. Chevron CEO Sells $51,621,354.40 in Stock
• Negative Sentiment: Valuation and strategy cautions: commentary notes CVX trading above some analyst targets and suggests options strategies (shorting OTM puts/calls) for those who see a peak in oil — signals that some market participants view current levels as stretched. If Oil Is At A Peak, Does Shorting Chevron Puts And Calls Make Sense?

Insiders Place Their Bets

In related news, Vice Chairman Mark A. Nelson sold 139,600 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $187.92, for a total value of $26,233,632.00. Following the sale, the insider directly owned 11,337 shares of the company’s stock, valued at $2,130,449.04. This represents a 92.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Michael K. Wirth sold 272,624 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $189.35, for a total transaction of $51,621,354.40. Following the transaction, the chief executive officer owned 31,266 shares in the company, valued at $5,920,217.10. This trade represents a 89.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,052,197 shares of company stock valued at $187,128,404. 0.21% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Morgan Stanley dropped their target price on shares of Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. HSBC downgraded shares of Chevron from a “buy” rating to a “hold” rating and set a $180.00 price objective for the company. in a research note on Monday, February 2nd. Piper Sandler cut their target price on shares of Chevron from $178.00 to $174.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Mizuho upped their price target on shares of Chevron from $204.00 to $206.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Finally, UBS Group reiterated a “buy” rating and issued a $212.00 price target on shares of Chevron in a report on Monday, February 2nd. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $178.95.

Chevron Stock Performance

NYSE:CVX opened at $190.01 on Monday. The firm has a 50-day moving average of $173.38 and a two-hundred day moving average of $160.84. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.15 and a quick ratio of 0.86. The stock has a market cap of $379.14 billion, a P/E ratio of 28.53, a PEG ratio of 1.91 and a beta of 0.67. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $192.41.

Chevron (NYSE:CVX) last announced its earnings results 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 analyst estimates of $48.18 billion. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The company’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same period in the previous year, the company earned $2.06 earnings per share. On average, research analysts expect that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be given a dividend of $1.78 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This is an increase from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.7%. Chevron’s dividend payout ratio is 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.