Indivisible Partners Makes New $1.92 Million Investment in Chevron Corporation $CVX

Indivisible Partners bought a new position in Chevron Corporation (NYSE:CVX) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,616 shares of the oil and gas company’s stock, valued at approximately $1,923,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Chevron by 3.3% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,359,741 shares of the oil and gas company’s stock worth $679,684,000 after purchasing an additional 139,750 shares during the period. BOKF NA lifted its position in Chevron by 0.8% in the fourth quarter. BOKF NA now owns 205,289 shares of the oil and gas company’s stock worth $31,288,000 after purchasing an additional 1,626 shares during the period. AssuredPartners Investment Advisors LLC lifted its position in shares of Chevron by 33.6% during the 4th quarter. AssuredPartners Investment Advisors LLC now owns 9,328 shares of the oil and gas company’s stock valued at $1,422,000 after acquiring an additional 2,344 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Chevron by 313.8% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 35,115 shares of the oil and gas company’s stock valued at $5,352,000 after acquiring an additional 26,630 shares during the last quarter. Finally, Alpha Cubed Investments LLC lifted its position in shares of Chevron by 13.4% during the 4th quarter. Alpha Cubed Investments LLC now owns 179,445 shares of the oil and gas company’s stock valued at $27,349,000 after acquiring an additional 21,188 shares during the last quarter. 72.42% of the stock is currently owned by institutional investors and hedge funds.

Chevron Trading Up 0.2%

NYSE CVX opened at $192.65 on Wednesday. Chevron Corporation has a 1-year low of $133.77 and a 1-year high of $214.71. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $383.81 billion, a PE ratio of 33.39, a price-to-earnings-growth ratio of 0.71 and a beta of 0.51. The firm’s fifty day simple moving average is $193.26 and its 200-day simple moving average is $171.64.

Chevron (NYSE:CVX) last posted its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.41. Chevron had a net margin of 5.79% and a return on equity of 7.01%. The business had revenue of $48.61 billion for the quarter, compared to the consensus estimate of $51.86 billion. During the same period in the prior year, the business posted $2.18 earnings per share. Chevron’s revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Chevron Corporation will post 14.16 earnings per share for the current fiscal year.

Chevron Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 19th will be paid a $1.78 dividend. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.7%. Chevron’s dividend payout ratio is 123.40%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on CVX. Wall Street Zen upgraded Chevron from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Mizuho increased their price objective on Chevron from $206.00 to $217.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. Freedom Capital lowered Chevron from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Royal Bank Of Canada restated an “outperform” rating and issued a $220.00 target price on shares of Chevron in a report on Tuesday. Finally, BMO Capital Markets restated an “outperform” rating and issued a $190.00 target price on shares of Chevron in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Chevron presently has an average rating of “Moderate Buy” and an average target price of $202.09.

Insiders Place Their Bets

In other news, CTO Thomas Ryder Booth sold 11,076 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $184.40, for a total value of $2,042,414.40. Following the transaction, the chief technology officer directly owned 1,122 shares of the company’s stock, valued at approximately $206,896.80. This represents a 90.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Michael K. Wirth sold 272,624 shares of the company’s stock in a transaction on 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 directly owned 31,266 shares in the company, valued at $5,920,217.10. This trade represents a 89.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 621,439 shares of company stock valued at $118,307,800 in the last three months. Company insiders own 0.56% of the company’s stock.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: CEO warns physical shortages are coming — Chevron CEO Mike Wirth told markets that closure-related disruptions in the Strait of Hormuz could produce real, physical oil shortages (supporting higher prices and stronger margins for majors). Chevron CEO says physical shortages in oil supply to begin appearing (Reuters)
• Positive Sentiment: Exploration expansion — Chevron announced Mediterranean exploration offshore Malta, expanding upstream optionality and long‑term production optionality. Chevron expands Mediterranean activities with exploration offshore Malta (Reuters)
• Positive Sentiment: Analyst support — RBC reiterated an outperform rating with a $220 price target, backing upside from Q1 results and capital-return momentum. Analyst backing can limit downside and attract buyers at dips. Benzinga coverage of RBC price-target
• Neutral Sentiment: Longer-term bullish cases continue — multiple investor write-ups argue Chevron has attractive 3–5 year total‑return potential given cash returns and low-cost assets; these are more strategic than immediate catalysts. Chevron: Attractive Total Return Potential Over 3- To 5-Year Horizon (Seeking Alpha)
• Neutral Sentiment: Investor attention and sector tailwinds — Coverage from Zacks/market pieces highlight interest in CVX due to earnings momentum and energy sector strength; useful context but not an immediate price driver. Chevron is Attracting Investor Attention (Zacks)
• Negative Sentiment: Market bets a U.S.-Iran peace deal will end the conflict — Headlines that a near-term peace deal is likely have driven oil and oil-stock weakness (shorter-term pressure on CVX as crude risk premium fades). Exxon, Chevron, Other Oil Stocks Sink as Market Bets Iran War Will End (Barron’s)
• Negative Sentiment: Ceasefire and easing transit risk headlines — Reports the U.S. says an Iran ceasefire is holding have reduced the geopolitical premium in oil, pressuring majors near term. US Says Iran Ceasefire in Place After Clashes Over Hormuz (Bloomberg via Yahoo)
• Negative Sentiment: Reputational/political risk — A Consumer Watchdog report alleges a Chevron-funded group ran ads blaming state policies for pump-price spikes; this could draw regulatory and PR scrutiny. Phony Chevron-Funded Group Blames CA When Chevron’s Price Gouging Is Pegged For Run Up At Pump (Yahoo)

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.