Chevron Corporation $CVX is FourThought Financial Partners LLC’s 8th Largest Position

FourThought Financial Partners LLC increased its holdings in Chevron Corporation (NYSE:CVX) by 2.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 135,643 shares of the oil and gas company’s stock after purchasing an additional 3,081 shares during the period. Chevron accounts for 1.9% of FourThought Financial Partners LLC’s holdings, making the stock its 8th biggest holding. FourThought Financial Partners LLC’s holdings in Chevron were worth $21,064,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CVX. Decker Retirement Planning Inc. bought a new position in Chevron during the third quarter valued at approximately $34,000. Vermillion & White Wealth Management Group LLC raised its stake in Chevron by 86.1% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock valued at $37,000 after purchasing an additional 118 shares in the last quarter. Marquette Asset Management LLC purchased a new position in shares of Chevron in the 3rd quarter worth $41,000. Barnes Dennig Private Wealth Management LLC raised its position in shares of Chevron by 306.1% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 268 shares of the oil and gas company’s stock valued at $42,000 after buying an additional 202 shares in the last quarter. Finally, Traub Capital Management LLC bought a new position in shares of Chevron in the 2nd quarter valued at about $46,000. Institutional investors own 72.42% of the company’s stock.

Insider Activity at Chevron

In related news, insider Andrew Benjamin Walz sold 11,600 shares of Chevron 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. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael K. Wirth sold 272,624 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $189.35, for a total transaction of $51,621,354.40. Following the completion of the transaction, the chief executive officer owned 31,266 shares of the company’s stock, valued at approximately $5,920,217.10. This trade represents a 89.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,052,197 shares of company stock worth $187,128,404 in the last quarter. 0.20% of the stock is owned by insiders.

Chevron Price Performance

NYSE CVX opened at $189.43 on Tuesday. The company has a market cap of $377.99 billion, a PE ratio of 28.44, a P/E/G ratio of 1.91 and a beta of 0.67. The firm’s 50 day moving average price is $174.15 and its 200-day moving average price is $161.09. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 1.15. Chevron Corporation has a 52-week low of $132.04 and a 52-week high of $192.41.

Chevron (NYSE:CVX) last released its quarterly 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 return on equity of 7.89% and a net margin of 6.51%.The firm had revenue of $45.79 billion during the quarter, compared to analyst estimates of $48.18 billion. During the same period in the previous year, the company posted $2.06 EPS. The business’s revenue for the quarter was down 10.2% compared to the same quarter last year. Sell-side analysts forecast that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be issued a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.8%. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend is Tuesday, February 17th. Chevron’s dividend payout ratio is presently 106.91%.

Wall Street Analyst Weigh In

Several research analysts have commented on CVX shares. Bank of America lifted their price objective on shares of Chevron from $188.00 to $206.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. JPMorgan Chase & Co. upgraded Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 target price for the company in a research report on Tuesday, January 20th. UBS Group reissued a “buy” rating and set a $212.00 price target on shares of Chevron in a research note on Monday, February 2nd. Jefferies Financial Group increased their target price on Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Finally, HSBC cut shares of Chevron from a “buy” rating to a “hold” rating and set a $180.00 price target on the stock. in a report on Monday, February 2nd. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Chevron currently has a consensus rating of “Hold” and a consensus target price of $178.95.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Oil price spike from Middle East tensions and production cuts lifts revenue and cash-flow outlook for major producers like Chevron; higher crude supports refining/upstream margins and dividend/cash-return capacity. Exxon & Chevron Jump While Berkshire Drops on Sunday Night
• Positive Sentiment: BofA analyst upgrade and $206 price target prompted buying interest and helped push CVX shares higher, reinforcing a bullish narrative among institutional investors. Chevron (CVX) Stock Surges Past $191 Following BofA’s Bullish $206 Target Upgrade
• Positive Sentiment: Strategic M&A and asset moves: Chevron completed the Hess acquisition (adds Guyana exposure) and has exclusive talks for Iraq’s West Qurna 2, bolstering long‑term production growth expectations. Chevron’s Hess Deal And West Qurna 2 Talks Test Valuation Story
• Positive Sentiment: Chevron is reportedly in talks to buy ~30% of Brazil fuel distributor Ipiranga (Ultrapar stake), a potential distribution footprint expansion in Latin America that could improve downstream margins and local market access. Chevron in talks with Ultrapar to buy 30% of Brazil’s Ipiranga – report
• Positive Sentiment: Operational wins: Chevron signed a five‑year gas supply deal with Horizon Power in Western Australia, locking in long‑term contracted cash flow from major WA projects. Chevron Secures Long-Term Gas Supply Deal With Horizon Power
• Neutral Sentiment: Industry reports spotlight long‑run demand for oil‑shale, infrastructure and connected‑oilfield tech and list Chevron among leaders — supportive for strategic positioning but long‑term and not an immediate earnings driver. Oil Shale Industry Report 2026-2035
• Neutral Sentiment: Options/hedging chatter: market pieces discuss shorting puts/calls or covered-call income strategies on CVX amid a volatile oil patch; signals elevated trading/volatility rather than company fundamentals. If Oil Is at a Peak, Does Shorting Chevron Puts and Calls Make Sense?
• Negative Sentiment: Operational disruption: reports say Chevron will suspend production at the Leviathan gas field offshore Israel — a near‑term hit to volumes/revenue and a reminder of geopolitical operational risk. Chevron to Suspend Production at Leviathan Gas Field Offshore Israel
• Negative Sentiment: Regulatory/political risk: Chevron publicly criticized California Gov. Gavin Newsom’s proposed Cap‑and‑Invest changes, flagging potential impacts to state energy stability and jobs — this raises the prospect of localized regulatory headwinds and reputational/policy friction. Chevron Slams Gavin Newsom’s ‘Disastrous’ Energy Policy

Chevron 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.