4,242 Shares in Chevron Corporation $CVX Bought by Ponta Wealth Partners LLC

Ponta Wealth Partners LLC purchased a new stake in Chevron Corporation (NYSE:CVX) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 4,242 shares of the oil and gas company’s stock, valued at approximately $647,000.

A number of other large investors have also recently modified their holdings of the business. Cornerstone Planning Group LLC grew its position in Chevron by 6.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 930 shares of the oil and gas company’s stock worth $142,000 after acquiring an additional 59 shares during the last quarter. MMA Asset Management LLC lifted its position in Chevron by 3.4% in the fourth quarter. MMA Asset Management LLC now owns 1,820 shares of the oil and gas company’s stock valued at $277,000 after purchasing an additional 59 shares during the last quarter. Barlow Wealth Partners LLC boosted its stake in shares of Chevron by 1.1% during the fourth quarter. Barlow Wealth Partners LLC now owns 5,363 shares of the oil and gas company’s stock valued at $869,000 after purchasing an additional 60 shares during the period. Stone House Investment Management LLC grew its holdings in shares of Chevron by 6.1% in the fourth quarter. Stone House Investment Management LLC now owns 1,065 shares of the oil and gas company’s stock worth $162,000 after purchasing an additional 61 shares during the last quarter. Finally, TigerOak Management L.L.C. grew its holdings in shares of Chevron by 0.7% in the fourth quarter. TigerOak Management L.L.C. now owns 9,020 shares of the oil and gas company’s stock worth $1,375,000 after purchasing an additional 62 shares during the last quarter. Institutional investors own 72.42% of the company’s stock.

Chevron Stock Down 3.8%

CVX stock opened at $185.30 on Thursday. The business has a 50 day moving average of $193.27 and a 200 day moving average of $171.88. The firm has a market cap of $369.17 billion, a PE ratio of 32.11, a price-to-earnings-growth ratio of 0.71 and a beta of 0.51. Chevron Corporation has a twelve month low of $133.77 and a twelve month high of $214.71. 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 released its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.41. The business had revenue of $48.61 billion during the quarter, compared to analyst estimates of $51.86 billion. Chevron had a net margin of 5.79% and a return on equity of 7.01%. Chevron’s revenue was up 2.1% compared to the same quarter last year. During the same period last year, the business earned $2.18 EPS. On average, research analysts forecast that Chevron Corporation will post 14.15 EPS for the current fiscal year.

Chevron Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 19th will be paid a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Tuesday, May 19th. Chevron’s dividend payout ratio (DPR) is 123.40%.

Insider Buying and Selling

In other Chevron news, Vice Chairman Mark A. Nelson sold 139,600 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $187.92, for a total value of $26,233,632.00. Following the transaction, the insider directly owned 11,337 shares of the company’s stock, valued at approximately $2,130,449.04. This trade represents a 92.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Andrew Benjamin Walz sold 11,600 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $188.58, for a total transaction of $2,187,528.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 621,439 shares of company stock valued at $118,307,800 over the last ninety days. 0.56% of the stock is owned by insiders.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Meeting with U.S. leadership could open Venezuela opportunities — President Trump met with Chevron and ExxonMobil to discuss Venezuela, a development that could help Chevron pursue Venezuelan asset access or sanctions-related arrangements that would boost long‑term production potential. Trump met with Chevron and ExxonMobil to discuss Venezuela
• Positive Sentiment: CEO highlights tightening supply — CEO Mike Wirth warned that Strait of Hormuz disruptions could produce material oil shortages, comments that support higher forward oil prices and improve Chevron’s margin outlook if physical supply tightness persists. Chevron CEO says economies ‘are going to have to slow’ as Strait of Hormuz closure disrupts oil supply
• Positive Sentiment: Exploration push in the Mediterranean — Chevron is starting hydrocarbon exploration south of Malta, expanding its footprint into a new basin that could add reserve upside and diversify the company’s geography. Chevron expands Mediterranean activities with exploration offshore Malta
• Positive Sentiment: Analyst support — Royal Bank of Canada reaffirmed an “outperform” rating with a $220 price target, offering institutional support that may limit downside during short-term commodity-driven volatility. RBC reaffirms outperform on CVX
• Neutral Sentiment: Proposed Offshore Parity Act could change Gulf leasing dynamics — H.R. 8542 would shift management of certain submerged lands to Gulf states (LA, MS, AL). The bill could alter leasing/royalty regimes for Gulf activity, but outcomes and timing remain uncertain. New Bill: Offshore Parity Act of 2026
• Negative Sentiment: Oil price slide on U.S.–Iran peace hopes pressured energy names — Renewed optimism about a U.S.–Iran deal and reports of a fragile ceasefire reduced risk premia in oil, sending major oil stocks, including Chevron, lower as crude eased from recent highs. Major Oil Stocks Plunge as U.S.-Iran Peace Talks Send Crude Prices Tumbling
• Negative Sentiment: Market reaction to easing Gulf tensions — Coverage noting a possible end to hostilities (Barron’s, Bloomberg live coverage) pushed sector sentiment lower as investors priced in lower forward oil realizations, a direct headwind for CVX’s near-term earnings multiple. Exxon, Chevron, Other Oil Stocks Sink as Market Bets Iran War Will End
• Negative Sentiment: Reputational/political scrutiny in California — Reporting on a Chevron‑funded group running ads over high pump prices may attract regulatory or reputational headaches, a secondary risk for investors tracking ESG and political-exposure headlines. Phony Chevron-Funded Group Blames CA When Chevron’s Price Gouging Is Pegged For Run Up At Pump

Analysts Set New Price Targets

CVX has been the topic of a number of analyst reports. The Goldman Sachs Group restated a “buy” rating and issued a $216.00 price objective on shares of Chevron in a research report on Wednesday. Wells Fargo & Company raised their target price on Chevron from $204.00 to $222.00 and gave the stock an “overweight” rating in a research note on Thursday, April 9th. Mizuho boosted their price target on Chevron from $206.00 to $217.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Citigroup upped their price target on Chevron from $210.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, April 2nd. Finally, Piper Sandler increased their price objective on Chevron from $179.00 to $242.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $202.70.

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.