Solitude Financial Services Sells 2,818 Shares of Chevron Corporation $CVX

Solitude Financial Services lowered its position in Chevron Corporation (NYSE:CVX) by 11.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,507 shares of the oil and gas company’s stock after selling 2,818 shares during the period. Chevron accounts for 1.2% of Solitude Financial Services’ portfolio, making the stock its 15th largest holding. Solitude Financial Services’ holdings in Chevron were worth $3,495,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. SlateStone Wealth LLC boosted its position in Chevron by 0.9% in the 3rd quarter. SlateStone Wealth LLC now owns 102,367 shares of the oil and gas company’s stock valued at $15,897,000 after buying an additional 875 shares during the last quarter. Willis Investment Counsel increased its position in Chevron by 23.1% in the third quarter. Willis Investment Counsel now owns 100,029 shares of the oil and gas company’s stock worth $15,534,000 after purchasing an additional 18,742 shares during the period. Financial & Tax Architects LLC raised its holdings in Chevron by 8.0% during the 3rd quarter. Financial & Tax Architects LLC now owns 49,564 shares of the oil and gas company’s stock worth $7,697,000 after purchasing an additional 3,659 shares during the last quarter. Modus Advisors LLC lifted its position in Chevron by 5.2% during the 3rd quarter. Modus Advisors LLC now owns 21,076 shares of the oil and gas company’s stock valued at $3,273,000 after purchasing an additional 1,033 shares during the period. Finally, MONECO Advisors LLC boosted its stake in shares of Chevron by 24.8% in the 3rd quarter. MONECO Advisors LLC now owns 28,632 shares of the oil and gas company’s stock valued at $4,446,000 after purchasing an additional 5,691 shares during the last quarter. 72.42% of the stock is owned by institutional investors.

Chevron Stock Up 1.1%

Chevron stock traded up $1.92 during mid-day trading on Friday, reaching $181.15. The company’s stock had a trading volume of 552,963 shares, compared to its average volume of 12,964,931. The business’s 50 day simple moving average is $158.70 and its 200 day simple moving average is $156.19. 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 12 month low of $132.04 and a 12 month high of $182.59. The company has a market capitalization of $364.75 billion, a price-to-earnings ratio of 27.14, a price-to-earnings-growth ratio of 12.49 and a beta of 0.70.

Chevron (NYSE:CVX) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $48.18 billion. During the same period in the prior year, the firm posted $2.06 earnings per share. The company’s quarterly revenue was down 10.2% compared to the same quarter last year. As a group, research analysts anticipate that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be given a dividend of $1.78 per share. This is a positive change from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, February 17th. Chevron’s payout ratio is 106.91%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CVX. Barclays boosted their target price on Chevron from $158.00 to $166.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 21st. HSBC downgraded Chevron from a “buy” rating to a “hold” rating and set a $180.00 price objective on the stock. in a research note on Monday. Jefferies Financial Group increased their price target on Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Zacks Research upgraded Chevron from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. Finally, UBS Group reissued a “buy” rating and set a $212.00 target price on shares of Chevron in a research note on Monday. Twelve research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $175.00.

Insiders Place Their Bets

In other Chevron news, insider R. Hewitt Pate sold 41,134 shares of the stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $176.40, for a total transaction of $7,256,037.60. Following the transaction, the insider owned 4,169 shares in the company, valued at $735,411.60. This represents a 90.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Thomas Ryder Booth sold 6,000 shares of the company’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $178.43, for a total value of $1,070,580.00. Following the sale, the chief technology officer owned 476 shares of the company’s stock, valued at approximately $84,932.68. The trade was a 92.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 793,158 shares of company stock worth $127,919,578. 0.21% of the stock is currently owned by insiders.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analyst upgrade and fresh price targets helped lift buying interest and pushed CVX toward a new 12‑month high, supporting the rally. Read More.
• Positive Sentiment: Chevron raised its quarterly dividend to $1.78 (annualized $7.12, ~4.0% yield), which can attract income investors and underpin the stock as a dividend play. Read More.
• Positive Sentiment: Chevron signed an initial offshore exploration MOU in Syrian waters with a Qatari investor — a potential long‑term reserves/production upside if projects proceed (geopolitical and sanction risks remain). Read More.
• Positive Sentiment: Reports say Chevron and Exxon are pursuing expansion into OPEC‑linked countries as U.S. policy shifts open deal opportunities — this could accelerate reserves and production if executed. Read More.
• Positive Sentiment: Macro tailwinds for energy (strong YTD sector performance, higher demand forecasts and Chevron’s 2026 growth guidance) provide structural support for the shares. Read More.
• Neutral Sentiment: Senior leadership reshuffle announced for 2026 — orderly succession likely, but not an immediate fundamental driver. Read More.
• Neutral Sentiment: Valuation checks and analyst commentary note CVX has run up recently; some investors are debating whether gains are already priced in after January’s strong performance. Read More.
• Negative Sentiment: Significant insider selling: multiple senior executives (CFO, vice chairman, CTO and others) disclosed multi‑million dollar stock sales over Feb. 3–5 — this can be perceived as profit‑taking or a governance signal that weighs on near‑term sentiment. Read More.
• Negative Sentiment: Q4 results were mixed: EPS slightly beat estimates but revenue missed by roughly $2.4B year‑over‑year — this highlights demand/price pressure and may temper outlook expectations despite cash‑flow guidance. Read More.

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.