Silicon Valley Capital Partners Reduces Holdings in Chevron Corporation $CVX

Silicon Valley Capital Partners decreased its stake in shares of Chevron Corporation (NYSE:CVX) by 85.2% during the first quarter, HoldingsChannel reports. The firm owned 1,196 shares of the oil and gas company’s stock after selling 6,905 shares during the quarter. Silicon Valley Capital Partners’ holdings in Chevron were worth $247,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Paragon Private Wealth Management LLC grew its holdings in shares of Chevron by 14.8% during the 1st quarter. Paragon Private Wealth Management LLC now owns 6,479 shares of the oil and gas company’s stock worth $1,340,000 after acquiring an additional 833 shares during the period. Royal Fund Management LLC lifted its stake in shares of Chevron by 12.3% in the 1st quarter. Royal Fund Management LLC now owns 25,345 shares of the oil and gas company’s stock valued at $5,244,000 after purchasing an additional 2,782 shares during the period. Bank of America Corp DE lifted its position in Chevron by 5.1% during the first quarter. Bank of America Corp DE now owns 27,630,227 shares of the oil and gas company’s stock valued at $5,716,694,000 after buying an additional 1,334,976 shares during the period. Genesis Financial Group LLC purchased a new position in Chevron during the 1st quarter valued at about $309,000. Finally, Strait & Sound Wealth Management LLC lifted its holdings in shares of Chevron by 1.5% during the first quarter. Strait & Sound Wealth Management LLC now owns 6,082 shares of the oil and gas company’s stock valued at $1,258,000 after purchasing an additional 88 shares during the last quarter. 72.42% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on CVX. Tudor Pickering raised Chevron from a “hold” rating to a “buy” rating and set a $225.00 price target on the stock in a research report on Thursday, April 9th. Wells Fargo & Company raised their price objective on Chevron from $204.00 to $222.00 and gave the company an “overweight” rating in a research report on Thursday, April 9th. Piper Sandler started coverage on Chevron in a research note on Thursday, July 23rd. They set an “overweight” rating and a $207.00 price objective for the company. Wolfe Research raised Chevron from a “peer perform” rating to an “outperform” rating and set a $210.00 target price on the stock in a report on Thursday, July 2nd. Finally, Bank of America increased their target price on Chevron from $210.00 to $227.00 and gave the stock a “buy” rating in a research note on Tuesday. Eighteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Chevron has an average rating of “Moderate Buy” and an average price target of $207.17.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Higher crude prices following renewed Middle East hostilities are improving the earnings outlook for oil producers. Chevron is also benefiting from increased production in Venezuela, contributing to its recent outperformance among Dow components. Dow Leader Rides Surging Oil Prices And Trump’s Venezuela Spoils
• Positive Sentiment: Analysts are anticipating a particularly strong quarter for Chevron and Exxon Mobil, with higher oil prices potentially producing their best combined results in several quarters. Chevron, ExxonMobil Earnings Preview
• Positive Sentiment: Bank of America favors Chevron over Exxon Mobil, while Erste Group raised its Chevron EPS forecasts to $14.58 for fiscal 2026 and $12.61 for fiscal 2027. The revisions reinforce a constructive analyst view, although estimates remain below the broader full-year consensus of $15.61. Exxon Cut to Neutral at BofA
• Neutral Sentiment: Friday’s earnings release is the main near-term catalyst. Investors will focus on whether higher oil prices and Venezuela production translate into stronger cash flow and whether Chevron can demonstrate progress in potential growth areas including Iraq, Venezuela, Argentina and power demand from artificial-intelligence data centers. Chevron Earnings Could Reveal the Oil Giant’s Next Growth Engine
• Negative Sentiment: Expectations are elevated ahead of the report, increasing the risk of profit-taking if results, guidance or growth investments fail to exceed forecasts. Continued Middle East tensions also support crude prices but introduce greater geopolitical and operational volatility.

Insider Transactions at Chevron

In other news, Director John B. Hess sold 380,000 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $193.20, for a total transaction of $73,416,000.00. Following the sale, the director owned 278,045 shares of the company’s stock, valued at $53,718,294. This trade represents a 57.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.56% of the company’s stock.

Chevron Trading Up 0.4%

Shares of NYSE:CVX opened at $192.55 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.84. Chevron Corporation has a 1 year low of $146.49 and a 1 year high of $214.71. The company has a market cap of $383.48 billion, a P/E ratio of 33.37, a PEG ratio of 0.59 and a beta of 0.50. The stock’s fifty day moving average price is $181.83 and its 200-day moving average price is $184.88.

Chevron (NYSE:CVX) last released its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.00 by $0.41. Chevron had a return on equity of 6.90% and a net margin of 5.79%.The company had revenue of $47.56 billion during the quarter, compared to the consensus estimate of $51.86 billion. During the same period last year, the company earned $2.18 EPS. Chevron’s revenue for the quarter was up 2.1% on a year-over-year basis. Sell-side analysts expect that Chevron Corporation will post 15.64 earnings per share for the current year.

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.