Prime Capital Investment Advisors LLC Sells 4,814 Shares of Chevron Corporation $CVX

Prime Capital Investment Advisors LLC decreased its holdings in shares of Chevron Corporation (NYSE:CVX) by 3.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 135,553 shares of the oil and gas company’s stock after selling 4,814 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Chevron were worth $21,050,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of CVX. Perigon Wealth Management LLC raised its position in shares of Chevron by 19.3% in the 3rd quarter. Perigon Wealth Management LLC now owns 73,448 shares of the oil and gas company’s stock worth $11,406,000 after purchasing an additional 11,875 shares during the last quarter. New York State Teachers Retirement System raised its holdings in Chevron by 15.3% in the third quarter. New York State Teachers Retirement System now owns 1,620,231 shares of the oil and gas company’s stock worth $251,606,000 after buying an additional 215,345 shares during the last quarter. Pictet North America Advisors SA bought a new position in shares of Chevron in the third quarter worth approximately $5,662,000. New York State Common Retirement Fund lifted its position in Chevron by 10.2% in the 3rd quarter. New York State Common Retirement Fund now owns 1,894,470 shares of the oil and gas company’s stock valued at $294,192,000 after acquiring an additional 175,439 shares in the last quarter. Finally, Mutual Advisors LLC boosted its position in shares of Chevron by 7.3% during the second quarter. Mutual Advisors LLC now owns 88,759 shares of the oil and gas company’s stock valued at $13,743,000 after buying an additional 6,058 shares during the last quarter. 72.42% of the stock is owned by hedge funds and other institutional investors.

Chevron Trading Down 1.1%

Shares of CVX stock opened at $179.20 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. The stock has a fifty day simple moving average of $158.70 and a two-hundred day simple moving average of $156.19. The firm has a market capitalization of $360.83 billion, a PE ratio of 26.91, a PEG ratio of 12.49 and a beta of 0.70. Chevron Corporation has a 52-week low of $132.04 and a 52-week high of $182.59.

Chevron (NYSE:CVX) last released its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The firm had revenue of $45.79 billion during the quarter, compared to analyst estimates of $48.18 billion. Chevron had a return on equity of 8.23% and a net margin of 6.51%.The business’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.06 earnings per share. On average, analysts predict 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 given a dividend of $1.78 per share. The ex-dividend date is Tuesday, February 17th. This is an increase from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 annualized dividend and a dividend yield of 4.0%. Chevron’s dividend payout ratio (DPR) is 106.91%.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analyst upgrade pushed CVX to a new 12‑month high and triggered intraday buying, supporting the rally. Article Title
• Positive Sentiment: Chevron signed an initial exploration MOU for offshore Syrian waters with a Qatari partner — a potential long‑term production upside if projects proceed (geopolitical and sanction risk remain). Article Title
• Positive Sentiment: Reports say Chevron and Exxon are pursuing expansion in OPEC‑linked countries as U.S. policy shifts open deal opportunities — this can accelerate reserves and production growth if executed. Article Title
• Positive Sentiment: Macro tailwinds: energy sector strength, higher oil demand forecasts and Chevron’s 2026 guidance (targeting ~10% cash‑flow and production CAGR) underpin bullish sentiment. Article Title
• Neutral Sentiment: Senior leadership reshuffle announced for 2026 — internal promotions and retirements may be orderly succession but are unlikely to move fundamentals immediately. Article Title
• Neutral Sentiment: Valuation checks and analyst commentary note CVX has run up in recent weeks — some investors are debating whether gains are priced in after January’s strong performance. Article Title
• Negative Sentiment: Significant insider selling reported: CFO, vice chairman, CTO and other senior execs disclosed large share sales (multi‑million dollar transactions) over Feb. 3–5 — this can be perceived as profit‑taking or governance red flag and may weigh on sentiment. Article Title
• Negative Sentiment: Q4 report: EPS beat but revenue missed — revenue is down year‑over‑year, highlighting near‑term demand/price pressure even as cash‑flow guidance looks constructive. Article Title

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Hsbc Global Res downgraded shares of Chevron from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Scotiabank reaffirmed a “sector perform” rating and issued a $168.00 price objective on shares of Chevron in a report on Friday, January 16th. Morgan Stanley lowered their price objective on shares of Chevron from $180.00 to $174.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. Barclays increased their price target on shares of Chevron from $158.00 to $166.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 21st. Finally, UBS Group reissued a “buy” rating and set a $212.00 price objective on shares of Chevron in a research report on Monday. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $175.00.

Insider Transactions at Chevron

In related news, CEO Michael K. Wirth sold 320,700 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $162.99, for a total transaction of $52,270,893.00. Following the completion of the transaction, the chief executive officer owned 14,450 shares in the company, valued at approximately $2,355,205.50. This 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 can be accessed through this hyperlink. Also, Vice Chairman Mark A. Nelson sold 45,800 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $174.17, for a total value of $7,976,986.00. Following the transaction, the insider directly owned 7,161 shares of the company’s stock, valued at approximately $1,247,231.37. The trade was a 86.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 793,158 shares of company stock valued at $127,919,578. 0.21% of the stock is owned by corporate insiders.

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.