Chevron Corporation $CVX Shares Purchased by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC raised its holdings in Chevron Corporation (NYSE:CVX) by 39.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,887 shares of the oil and gas company’s stock after purchasing an additional 8,482 shares during the period. Smartleaf Asset Management LLC’s holdings in Chevron were worth $4,666,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. First National Bank of Hutchinson grew its position in shares of Chevron by 220.5% during the third quarter. First National Bank of Hutchinson now owns 7,438 shares of the oil and gas company’s stock worth $1,155,000 after buying an additional 5,117 shares in the last quarter. Arkfeld Wealth Strategies L.L.C. boosted its stake in Chevron by 8.2% during the 3rd quarter. Arkfeld Wealth Strategies L.L.C. now owns 2,864 shares of the oil and gas company’s stock valued at $440,000 after acquiring an additional 217 shares during the last quarter. a16z Perennial Management L.P. acquired a new position in Chevron during the 3rd quarter worth $393,000. Councilmark Asset Management LLC bought a new stake in shares of Chevron in the 3rd quarter worth about $204,000. Finally, Canada Post Corp Registered Pension Plan raised its stake in shares of Chevron by 15.3% in the 3rd quarter. Canada Post Corp Registered Pension Plan now owns 61,007 shares of the oil and gas company’s stock valued at $9,523,000 after purchasing an additional 8,117 shares in the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Jefferies Financial Group lifted their price target on Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Scotiabank reiterated a “sector perform” rating and issued a $168.00 target price on shares of Chevron in a research report on Friday, January 16th. Freedom Capital lowered Chevron from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Citigroup decreased their price objective on shares of Chevron from $185.00 to $179.00 and set a “buy” rating for the company in a report on Monday, January 5th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $190.00 target price on shares of Chevron in a research note on Monday, February 2nd. Twelve equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $175.00.

Chevron Stock Up 1.0%

Chevron stock opened at $181.06 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 1.15. Chevron Corporation has a one year low of $132.04 and a one year high of $182.59. The company has a 50-day simple moving average of $159.30 and a 200-day simple moving average of $156.45. The firm has a market capitalization of $364.57 billion, a P/E ratio of 27.19, a P/E/G ratio of 12.11 and a beta of 0.70.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.08. Chevron had a net margin of 6.51% and a return on equity of 8.23%. The firm had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. During the same period last year, the firm posted $2.06 EPS. Chevron’s quarterly revenue was down 10.2% compared to the same quarter last year. As a group, equities analysts expect that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be given a dividend of $1.78 per share. This is a boost from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Tuesday, February 17th. Chevron’s payout ratio is presently 102.70%.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analyst upgrades and target‑price lifts have driven fresh buying and helped push CVX to new 12‑month highs, supporting momentum. How Recent Analyst Shifts Are Rewriting The Story For Chevron (CVX)
• Positive Sentiment: Company raised the quarterly dividend to $1.78 (ex‑dividend Feb. 17) — a yield near 4% — which attracts income investors and supports the equity multiple. MarketBeat CVX Profile
• Positive Sentiment: Chevron is pursuing production expansion in OPEC‑linked countries and signed an initial offshore MOU involving Syrian waters — potential long‑term reserves upside if geopolitics/sanctions allow. These strategic moves underpin growth expectations. Trump Is Remaking the Global Oil Market, and Exxon and Chevron Want In
• Positive Sentiment: Q4: EPS topped estimates and management reiterated ~10% cash‑flow and production CAGR targets for 2026, which supports forward free cash‑flow expectations and buyback/dividend capacity. Chevron Earnings
• Neutral Sentiment: Leadership reshuffle (internal promotions/retirements) announced for strategy/trading/business development — succession appears organized but is unlikely to change fundamentals immediately. Chevron names new heads of strategy, trading, business development
• Neutral Sentiment: After January’s strong run, valuation checks and analyst commentary note CVX may be partially priced for optimism — investors are debating whether further upside is justified absent stronger top‑line recovery. Chevron (CVX) Valuation Check After Recent Share Price Momentum
• Negative Sentiment: Significant insider selling: filings show multi‑million dollar sales by the CFO, vice chairman, CTO and other senior execs over Feb. 3–5. Heavy insider exits are being read as profit‑taking and can sap sentiment short‑term. Insider Selling: Chevron CFO Sells
• Negative Sentiment: Q4 revenue missed estimates and was down year‑over‑year, underscoring near‑term demand/price pressure despite the EPS beat — investors may trim positions until revenue trends stabilize. Chevron Earnings

Insiders Place Their Bets

In other Chevron news, insider R. Hewitt Pate sold 41,134 shares of the business’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $176.40, for a total transaction of $7,256,037.60. Following the completion of the transaction, the insider owned 4,169 shares in the company, valued at approximately $735,411.60. The trade was a 90.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Michael K. Wirth sold 320,700 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $162.99, for a total value of $52,270,893.00. Following the completion of the transaction, the chief executive officer directly owned 14,450 shares of the company’s stock, valued at approximately $2,355,205.50. The trade was a 95.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 793,158 shares of company stock worth $127,919,578. 0.21% of the stock is owned by company insiders.

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.