Weaver Capital Management LLC Purchases 6,552 Shares of Chevron Corporation $CVX

Weaver Capital Management LLC boosted its position in Chevron Corporation (NYSE:CVX) by 69.5% in the 4th quarter, Holdings Channel reports. The firm owned 15,984 shares of the oil and gas company’s stock after buying an additional 6,552 shares during the quarter. Weaver Capital Management LLC’s holdings in Chevron were worth $2,436,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Barlow Wealth Partners LLC grew its holdings in Chevron by 1.1% in the 4th quarter. Barlow Wealth Partners LLC now owns 5,363 shares of the oil and gas company’s stock valued at $869,000 after buying an additional 60 shares in the last quarter. Stone House Investment Management LLC grew its holdings in Chevron by 6.1% in the 4th quarter. Stone House Investment Management LLC now owns 1,065 shares of the oil and gas company’s stock valued at $162,000 after buying an additional 61 shares in the last quarter. TigerOak Management L.L.C. grew its holdings in Chevron by 0.7% in the 4th quarter. TigerOak Management L.L.C. now owns 9,020 shares of the oil and gas company’s stock valued at $1,375,000 after buying an additional 62 shares in the last quarter. Wilkins Miller Wealth Management LLC grew its holdings in Chevron by 0.7% in the 4th quarter. Wilkins Miller Wealth Management LLC now owns 8,645 shares of the oil and gas company’s stock valued at $1,318,000 after buying an additional 63 shares in the last quarter. Finally, White Knight Strategic Wealth Advisors LLC grew its holdings in Chevron by 3.0% in the 2nd quarter. White Knight Strategic Wealth Advisors LLC now owns 2,230 shares of the oil and gas company’s stock valued at $319,000 after buying an additional 65 shares in the last quarter. Institutional investors own 72.42% of the company’s stock.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron restarted output at the Leviathan gas field after a 33‑day suspension, restoring ~14 bcm capacity and strengthening its LNG/gas supply role to regional and European markets — a near‑term production and revenue positive for CVX. Chevron Reopens Leviathan Gas Field
• Positive Sentiment: BMO Capital raised its CVX price target to $205 (keeps Outperform), reflecting upside in oil scenarios and reinforcing institutional support for the name. Analyst target lifts can prop up sentiment and buying interest. BMO Boosts Chevron Target
• Positive Sentiment: Erste Group raised FY‑2026 EPS estimates for Chevron (from $7.46 to $7.94), a fundamental upgrade that supports forward earnings expectations. MarketBeat CVX Coverage
• Neutral Sentiment: Options market activity: rising oil and higher IV have pushed up CVX option premiums, making covered‑call and cash‑secured‑put strategies more attractive to income investors but signaling elevated near‑term volatility. Options and Covered Calls on Chevron
• Neutral Sentiment: Macro/LNG backdrop: elevated LNG demand and tight global supplies are a medium‑term tailwind for integrated energy names with gas exposure (including CVX), supporting potential upside separate from crude moves.
• Negative Sentiment: Market reaction to a US‑Iran ceasefire: headlines implying a de‑escalation caused oil to pull back and pressured CVX shares as the market briefly priced in a lower risk premium for crude. That prompted today’s share weakness. Why Chevron Slumped Today
• Negative Sentiment: Geopolitical fragility persists — a drone strike on Saudi’s East‑West pipeline and commentary that the ceasefire is “fragile” keep supply‑risk uncertainty elevated, which translates to volatile oil swings that can quickly move CVX shares. Saudi Pipeline Drone Strike Why Ceasefire Fragility Matters

Analyst Upgrades and Downgrades

CVX has been the topic of a number of research reports. Sanford C. Bernstein upped their price objective on Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a report on Monday, January 5th. Jefferies Financial Group upped their price objective on Chevron from $174.00 to $189.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Bank of America upped their price objective on Chevron from $188.00 to $206.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Wells Fargo & Company upped their price objective on Chevron from $196.00 to $204.00 and gave the company an “overweight” rating in a report on Monday, February 2nd. Finally, Barclays upped their price objective on Chevron from $172.00 to $180.00 and gave the company an “equal weight” rating in a report on Monday, March 16th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Chevron has a consensus rating of “Moderate Buy” and a consensus price target of $187.64.

Chevron Stock Performance

CVX opened at $192.81 on Thursday. The firm has a market cap of $384.74 billion, a P/E ratio of 28.95, a price-to-earnings-growth ratio of 1.66 and a beta of 0.60. Chevron Corporation has a 52-week low of $132.04 and a 52-week high of $214.71. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 1.15. The business’s fifty day moving average is $190.88 and its 200-day moving average is $167.59.

Chevron (NYSE:CVX) last released its 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. The company had revenue of $45.79 billion for the quarter, compared to analyst estimates of $48.18 billion. Chevron had a return on equity of 7.89% and a net margin of 6.51%.Chevron’s quarterly revenue was down 10.2% on a year-over-year basis. During the same period in the prior year, the firm posted $2.06 EPS. Sell-side analysts expect that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th were issued a dividend of $1.78 per share. This is an increase from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $7.12 annualized dividend and a dividend yield of 3.7%. Chevron’s payout ratio is currently 106.91%.

Insider Activity at Chevron

In related news, insider Alana K. Knowles sold 2,408 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $183.28, for a total value of $441,338.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider R. Hewitt Pate sold 40,200 shares of the firm’s stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $213.30, for a total value of $8,574,660.00. Following the completion of the sale, the insider directly owned 8,638 shares in the company, valued at $1,842,485.40. This trade represents a 82.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 782,607 shares of company stock worth $146,510,571 in the last quarter. 0.21% of the stock is currently owned by corporate insiders.

Chevron 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.