3,760 Chevron Corporation $CVX Shares Sold by Godsey & Gibb Inc.

Godsey & Gibb Inc. decreased its stake in Chevron Corporation (NYSE:CVX) by 2.8% in the 3rd quarter, Holdings Channel reports. The firm owned 131,261 shares of the oil and gas company’s stock after selling 3,760 shares during the quarter. Chevron accounts for approximately 1.8% of Godsey & Gibb Inc.’s portfolio, making the stock its 17th biggest position. Godsey & Gibb Inc.’s holdings in Chevron were worth $26,805,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. First PREMIER Bank increased its holdings in Chevron by 0.8% in the second quarter. First PREMIER Bank now owns 6,450 shares of the oil and gas company’s stock valued at $1,070,000 after buying an additional 50 shares in the last quarter. Vanguard Capital Wealth Advisors boosted its stake in shares of Chevron by 1.8% during the 2nd quarter. Vanguard Capital Wealth Advisors now owns 2,818 shares of the oil and gas company’s stock worth $467,000 after acquiring an additional 50 shares in the last quarter. Nautilus Advisors LLC boosted its stake in shares of Chevron by 2.8% during the 3rd quarter. Nautilus Advisors LLC now owns 1,859 shares of the oil and gas company’s stock worth $380,000 after acquiring an additional 50 shares in the last quarter. Virginia Estate & Retirement Planning Advisors Inc. boosted its stake in shares of Chevron by 20.8% during the 3rd quarter. Virginia Estate & Retirement Planning Advisors Inc. now owns 290 shares of the oil and gas company’s stock worth $59,000 after acquiring an additional 50 shares in the last quarter. Finally, Columbus Macro LLC grew its holdings in shares of Chevron by 2.8% in the 3rd quarter. Columbus Macro LLC now owns 1,830 shares of the oil and gas company’s stock worth $374,000 after acquiring an additional 50 shares during the period. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron’s recovery of U.S. Gulf of Mexico production after Hurricane Isaias, with no reported damage to its facilities, reduces the risk of a prolonged operational disruption. Chevron & Shell Lead U.S. Gulf Oil Production Recovery After Hurricane
• Positive Sentiment: Analysts at Erste Group raised their fiscal 2026 EPS forecast for Chevron to $16.90 from $16.09 and lifted the fiscal 2027 estimate to $13.78 from $13.52, reinforcing the view that earnings momentum remains favorable. Chevron analyst earnings estimates
• Positive Sentiment: Chevron is among the energy companies positioned to benefit from Venezuela’s oil revival and potential efforts to offset supply disruptions near the Strait of Hormuz. The opportunity could expand production and long-term cash flow, although execution and geopolitical risks remain. Venezuela’s Oil Revival Is Gaining Momentum
• Positive Sentiment: Chevron’s integrated model—combining upstream production with refining and other businesses—continues to support dividend resilience when crude prices weaken. Its Beetaloo Basin expertise also helped deliver Australia’s first commercial gas, adding potential exposure to LNG demand. Oil Giants and Dividend Resilience
• Neutral Sentiment: Coverage of Chevron’s AI investment process indicates that management is evaluating AI projects based on measurable returns and competition for capital. The initiative may improve efficiency, but no immediate financial impact was identified. How CFOs Decide Which AI Bets Create Value
• Negative Sentiment: Chevron reportedly agreed to take a one-time loss of approximately $3 billion to $4 billion, which could weigh on near-term results despite stronger underlying earnings. Chevron Is Cleaning House Before the Earnings Peak Fades
• Negative Sentiment: Some valuation analysis views CVX as overvalued after its rally, while longer-term comparisons show the stock has underperformed the broader market over the past decade. These concerns could limit further upside. Is Chevron Overvalued After Its Rally?

Chevron Stock Performance

Shares of CVX opened at $222.05 on Thursday. Chevron Corporation has a 1 year low of $146.49 and a 1 year high of $222.55. The company’s 50 day simple moving average is $206.20 and its 200 day simple moving average is $193.23. The company has a market capitalization of $438.71 billion, a price-to-earnings ratio of 21.29, a PEG ratio of 0.60 and a beta of 0.53. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.25.

Chevron (NYSE:CVX) last released its earnings results on Friday, July 31st. The oil and gas company reported $6.06 EPS for the quarter, topping the consensus estimate of $5.55 by $0.51. The firm had revenue of $67.20 billion during the quarter, compared to analysts’ expectations of $62.72 billion. Chevron had a net margin of 9.57% and a return on equity of 11.09%. Chevron’s revenue for the quarter was up 57.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.77 EPS. On average, sell-side analysts predict that Chevron Corporation will post 17.59 EPS for the current year.

Chevron Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th were issued a dividend of $1.78 per share. The ex-dividend date was Wednesday, August 19th. This represents a $7.12 annualized dividend and a dividend yield of 3.2%. Chevron’s dividend payout ratio (DPR) is 68.26%.

Insiders Place Their Bets

In related news, Director John B. Hess sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $194.26, for a total transaction of $19,426,000.00. Following the completion of the transaction, the director owned 178,045 shares of the company’s stock, valued at approximately $34,587,021.70. This represents a 35.97% 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 R. Pate sold 2,470 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $205.11, for a total value of $506,621.70. Following the completion of the transaction, the insider directly owned 10,794 shares in the company, valued at $2,213,957.34. This trade represents a 18.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,152,582 shares of company stock worth $225,853,661 over the last ninety days. Company insiders own 0.56% of the company’s stock.

Wall Street Analysts Forecast Growth

CVX has been the topic of several recent research reports. Raymond James Financial decreased their price objective on shares of Chevron from $230.00 to $225.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 21st. Dbs Bank upgraded shares of Chevron to a “moderate buy” rating in a report on Thursday, August 6th. BMO Capital Markets lifted their target price on shares of Chevron from $210.00 to $235.00 and gave the stock an “outperform” rating in a research report on Thursday, September 3rd. The Goldman Sachs Group cut their price objective on Chevron from $240.00 to $228.00 and set a “buy” rating for the company in a research report on Tuesday, September 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on Chevron from $190.00 to $222.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $213.08.

Chevron Company Profile

Chevron Corporation (NYSE:CVX) is an integrated energy company engaged in the exploration, development, production, transportation and sale of crude oil and natural gas. Its upstream operations include oil and gas exploration and production, while its downstream business includes refining crude oil, marketing fuels and manufacturing and distributing lubricants, petrochemicals and fuel additives.

The company also invests in lower-carbon businesses and technologies, including renewable fuels, carbon capture and storage, hydrogen and other opportunities intended to reduce emissions from its operations and energy products.