Metis Global Partners LLC Grows Stock Holdings in Chevron Corporation $CVX

Metis Global Partners LLC raised its holdings in Chevron Corporation (NYSE:CVX) by 22.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 121,303 shares of the oil and gas company’s stock after acquiring an additional 22,087 shares during the period. Metis Global Partners LLC’s holdings in Chevron were worth $18,837,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Norges Bank purchased a new stake in Chevron in the 2nd quarter valued at about $2,721,477,000. Bank of New York Mellon Corp boosted its position in shares of Chevron by 27.9% in the third quarter. Bank of New York Mellon Corp now owns 19,627,146 shares of the oil and gas company’s stock worth $3,047,900,000 after acquiring an additional 4,279,918 shares during the last quarter. Laurel Wealth Advisors LLC grew its holdings in Chevron by 14,194.2% in the second quarter. Laurel Wealth Advisors LLC now owns 3,722,217 shares of the oil and gas company’s stock valued at $532,984,000 after purchasing an additional 3,696,177 shares during the period. Berkshire Hathaway Inc increased its position in Chevron by 2.9% during the second quarter. Berkshire Hathaway Inc now owns 122,064,792 shares of the oil and gas company’s stock worth $17,478,458,000 after purchasing an additional 3,454,258 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in Chevron by 32.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 9,125,735 shares of the oil and gas company’s stock worth $1,417,135,000 after purchasing an additional 2,218,283 shares during the period. Institutional investors and hedge funds own 72.42% of the company’s stock.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron has begun processing Venezuelan crude at a Gulf Coast refinery after recent political developments, marking the company’s first public acknowledgment of these operations — this boosts near‑term feedstock access and refining margins. Inside Chevron’s flagship refinery tapping into Venezuelan crude after Maduro’s capture
• Positive Sentiment: Reports say Venezuela plans to grant Chevron additional oil‑production blocks, which could expand upstream volumes and long‑term reserves exposure if contracts are finalized. Venezuela to grant more oil drilling blocks to Chevron, Repsol
• Positive Sentiment: Chevron won blocks in Libya’s Sirte Basin — a material upstream win that supports future production optionality and helped push the stock to 52‑week highs earlier this week. Chevron to enter Libya after awarded prized Sirte Basin block
• Positive Sentiment: Operational strength in the Permian (1M boe/d) and AI-driven efficiencies are cited as drivers of improved cash flow and margin expansion — a structural tailwind for free cash flow and buybacks/dividends. Chevron’s Permian Scale Drives Cash Flow and Efficiency Edge
• Positive Sentiment: Chevron increased its quarterly dividend ~4.1%, reinforcing the income appeal for investors and supporting valuation expectations for yield‑sensitive holders. Chevron Dividend Increase By 4.09%
• Neutral Sentiment: Positive analyst and media coverage (Barron’s, Motley Fool pieces) highlight sector tailwinds and Chevron’s execution, but these are commentary rather than new catalysts. Energy Stocks Are Winning 2026. Why They Could Keep Going.
• Neutral Sentiment: Insider disclosure: CTO Thomas Ryder Booth sold 5 shares (nominal amount) — too small to indicate management trend. SEC Form 4 disclosure

Insider Buying and Selling at Chevron

In other news, CEO Michael K. Wirth sold 320,700 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $162.99, for a total transaction of $52,270,893.00. Following the completion of the sale, the chief executive officer directly owned 14,450 shares in the company, valued at $2,355,205.50. This trade represents a 95.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Vice Chairman Mark A. Nelson sold 45,800 shares of Chevron stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $174.17, for a total value of $7,976,986.00. Following the sale, the insider directly owned 7,161 shares in the company, valued at approximately $1,247,231.37. The trade was a 86.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 793,163 shares of company stock valued at $127,920,502. 0.21% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on CVX shares. Wall Street Zen upgraded shares of Chevron from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Wells Fargo & Company boosted their price target on Chevron from $196.00 to $204.00 and gave the company an “overweight” rating in a research report on Monday, February 2nd. Raymond James Financial restated an “outperform” rating and set a $160.00 price target (down from $170.00) on shares of Chevron in a research note on Friday, October 17th. TD Cowen lifted their price objective on Chevron from $160.00 to $168.00 and gave the company a “hold” rating in a research note on Monday, February 2nd. Finally, 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 report on Tuesday, January 20th. Twelve analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $175.00.

Chevron Trading Down 1.8%

Shares of CVX opened at $182.46 on Friday. Chevron Corporation has a 12 month low of $132.04 and a 12 month high of $186.52. The stock’s 50-day moving average is $161.84 and its two-hundred day moving average is $157.23. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. The stock has a market cap of $367.38 billion, a PE ratio of 27.40, a P/E/G ratio of 12.49 and a beta of 0.70.

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

Chevron Increases Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Tuesday, February 17th. This is an increase from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.9%. Chevron’s dividend payout ratio is presently 102.70%.

About Chevron

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.