Wealth Enhancement Advisory Services LLC Purchases 253,746 Shares of Chevron Corporation $CVX

Wealth Enhancement Advisory Services LLC boosted its position in Chevron Corporation (NYSE:CVX) by 23.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,358,751 shares of the oil and gas company’s stock after purchasing an additional 253,746 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Chevron were worth $211,205,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. NorthCrest Asset Manangement LLC boosted its stake in shares of Chevron by 2.6% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 201,094 shares of the oil and gas company’s stock valued at $32,949,000 after purchasing an additional 5,158 shares in the last quarter. DDFG Inc grew its holdings in shares of Chevron by 6.9% during the fourth quarter. DDFG Inc now owns 1,611 shares of the oil and gas company’s stock worth $246,000 after purchasing an additional 104 shares during the last quarter. Chesapeake Asset Management LLC increased its stake in shares of Chevron by 2.0% in the fourth quarter. Chesapeake Asset Management LLC now owns 5,481 shares of the oil and gas company’s stock valued at $835,000 after buying an additional 106 shares during the period. Gryphon Financial Partners LLC increased its stake in shares of Chevron by 5.7% in the fourth quarter. Gryphon Financial Partners LLC now owns 18,826 shares of the oil and gas company’s stock valued at $2,869,000 after buying an additional 1,018 shares during the period. Finally, Genesis Private Wealth LLC raised its holdings in Chevron by 4.3% in the 4th quarter. Genesis Private Wealth LLC now owns 2,560 shares of the oil and gas company’s stock valued at $390,000 after buying an additional 106 shares during the last quarter. 72.42% of the stock is currently owned by institutional investors.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron’s market capitalization topped $400 billion for the first time as the crude rally lifted energy peers and investor appetite for large integrated oil names. Chevron (CVX) Stock Breaks Into Elite $400B Club Amid Oil Price Rally
• Positive Sentiment: HSBC upgraded CVX from Hold to Buy and set a $215 target, signaling analyst conviction that the stock has further upside as oil stays elevated. HSBC upgrade to Buy
• Positive Sentiment: Major business press notes Chevron’s rise into the top-20 U.S. companies by market value, reinforcing momentum and institutional interest in the name. Chevron Jumps Into Top 20 Most Valuable U.S. Companies
• Positive Sentiment: Analyst/market commentaries and YTD performance write-ups highlight strong gains (CVX up materially this year) driven by geopolitical support for oil prices and Chevron’s growth projects—these narratives help attract momentum flows. Why the Market Dipped But Chevron (CVX) Gained Today
• Positive Sentiment: Mizuho and other broker notes (coverage upgrades / bullish price forecasts) and inclusion in “best energy stocks” pieces amplify buy-side interest and argue for continued upside if commodity strength persists. Mizuho Forecasts Strong Price Appreciation for Chevron (NYSE:CVX) Stock
• Neutral Sentiment: Comparative analyst pieces (e.g., Zacks on Chevron vs. Suncor) note Chevron’s diversification and Guyana growth but weigh that against peer cost actions—useful context but not an immediate catalyst. Chevron vs. Suncor: Which Energy Stock Wins at 52-Week Highs?
• Neutral Sentiment: Chevron Technology Ventures led a small strategic investment in robotics firm KEWAZO—positioning for operational efficiencies but not a near-term earnings driver. Chevron Technology Ventures Invests in KEWAZO

Analysts Set New Price Targets

CVX has been the topic of several recent research reports. Barclays lifted their target price on shares of Chevron from $172.00 to $180.00 and gave the stock an “equal weight” rating in a research report on Monday, March 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chevron in a research note on Wednesday, January 21st. Argus set a $203.00 price target on shares of Chevron in a report on Tuesday, February 3rd. TD Cowen boosted their price objective on shares of Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. Finally, HSBC raised shares of Chevron from a “hold” rating to a “buy” rating and set a $215.00 price objective on the stock in a research note on Friday. Fourteen analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Chevron has a consensus rating of “Hold” and an average price target of $184.77.

Chevron Stock Performance

Shares of CVX stock opened at $201.73 on Monday. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $205.08. The company has a market cap of $402.53 billion, a price-to-earnings ratio of 30.29, a price-to-earnings-growth ratio of 1.87 and a beta of 0.67. The firm has a 50 day moving average of $181.32 and a 200-day moving average of $163.45. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.21.

Chevron (NYSE:CVX) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.52 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 7.89%. The company had revenue of $45.79 billion during the quarter, compared to the consensus estimate of $48.18 billion. During the same period in the previous year, the firm posted $2.06 earnings per share. The firm’s revenue for the quarter was down 10.2% on a year-over-year basis. On average, equities analysts forecast 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 was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were issued a dividend of $1.78 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $7.12 dividend on an annualized basis and a yield of 3.5%. This is an increase from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio is presently 106.91%.

Insider Transactions at Chevron

In related news, insider R. Hewitt Pate sold 47,200 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $192.12, for a total value of $9,068,064.00. Following the completion of the sale, the insider directly owned 8,558 shares of the company’s stock, valued at approximately $1,644,162.96. This represents a 84.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Andrew Benjamin Walz sold 11,600 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $188.58, for a total value of $2,187,528.00. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,099,397 shares of company stock valued at $196,196,468. Corporate insiders own 0.20% of the company’s stock.

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.