Macguire Cheswick & Tuttle Investment Counsel LLC lessened its position in shares of Chevron Corporation (NYSE:CVX) by 1.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 58,561 shares of the company’s stock after selling 940 shares during the period. Macguire Cheswick & Tuttle Investment Counsel LLC’s holdings in Chevron Corporation were worth $6,110,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in CVX. Harbour Capital Advisors LLC raised its position in shares of Chevron Corporation by 10,213.3% during the 2nd quarter. Harbour Capital Advisors LLC now owns 5,709,042 shares of the company’s stock worth $54,721,000 after purchasing an additional 5,653,686 shares during the period. State Street Corp raised its position in shares of Chevron Corporation by 1.1% during the 1st quarter. State Street Corp now owns 118,769,549 shares of the company’s stock worth $12,752,287,000 after purchasing an additional 1,261,078 shares during the period. Boston Partners raised its position in shares of Chevron Corporation by 17.9% during the 2nd quarter. Boston Partners now owns 7,147,113 shares of the company’s stock worth $745,659,000 after purchasing an additional 1,084,757 shares during the period. First Trust Advisors LP raised its position in shares of Chevron Corporation by 204.4% during the 2nd quarter. First Trust Advisors LP now owns 1,373,511 shares of the company’s stock worth $143,298,000 after purchasing an additional 922,316 shares during the period. Finally, Karp Capital Management Corp acquired a new stake in shares of Chevron Corporation during the 1st quarter worth approximately $77,388,000. 63.03% of the stock is currently owned by institutional investors.

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Shares of Chevron Corporation (NYSE CVX) opened at C$117.18 on Monday. The firm has a market capitalization of $222,568.64, a price-to-earnings ratio of 32.82, a PEG ratio of 3.91 and a beta of 1.22. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.84 and a current ratio of 1.04. Chevron Corporation has a one year low of C$102.55 and a one year high of C$120.89.

Chevron Corporation (NYSE:CVX) last released its quarterly earnings data on Friday, October 27th. The company reported C$1.03 earnings per share for the quarter, topping the consensus estimate of C$0.99 by C$0.04. The business had revenue of C$36.21 billion during the quarter, compared to analyst estimates of C$34.06 billion. Chevron Corporation had a return on equity of 4.59% and a net margin of 4.79%. The company’s revenue was up 20.1% compared to the same quarter last year. During the same period last year, the company posted $0.68 EPS. research analysts anticipate that Chevron Corporation will post 4.28 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Friday, November 17th will be paid a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a dividend yield of 3.69%. The ex-dividend date of this dividend is Thursday, November 16th. Chevron Corporation’s dividend payout ratio is presently 125.95%.

In other news, Vice Chairman Michael K. Wirth sold 1,229 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of C$118.00, for a total transaction of C$145,022.00. Following the completion of the sale, the insider now directly owns 1,229 shares of the company’s stock, valued at approximately C$145,022. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP R. Hewitt Pate sold 25,500 shares of the firm’s stock in a transaction on Monday, October 16th. The stock was sold at an average price of C$120.00, for a total value of C$3,060,000.00. Following the sale, the vice president now directly owns 25,500 shares of the company’s stock, valued at C$3,060,000. The disclosure for this sale can be found here. Over the last three months, insiders have bought 50,000 shares of company stock valued at $6,590 and have sold 29,041 shares valued at $3,453,285. Company insiders own 0.38% of the company’s stock.

A number of brokerages have recently weighed in on CVX. Credit Suisse Group set a $123.00 price target on Chevron Corporation and gave the stock a “buy” rating in a research report on Friday, August 25th. Citigroup Inc. dropped their price target on Chevron Corporation from $129.00 to $118.00 and set a “buy” rating on the stock in a research report on Friday, July 21st. Barclays PLC upgraded Chevron Corporation to an “overweight” rating in a research report on Wednesday, October 11th. BMO Capital Markets set a $120.00 price target on Chevron Corporation and gave the stock a “buy” rating in a research report on Sunday, July 30th. Finally, Vetr cut Chevron Corporation from a “buy” rating to a “hold” rating and set a $124.92 price target on the stock. in a research report on Monday, October 16th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of C$120.63.

About Chevron Corporation

Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates, and provides administrative, financial, management and technology support to the United States and international subsidiaries that engage in integrated energy and chemicals operations. The Company operates through two business segments: Upstream and Downstream.

Institutional Ownership by Quarter for Chevron Corporation (NYSE:CVX)

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