Bartlett & CO. Wealth Management LLC Has $77.04 Million Stock Position in Chevron Corporation $CVX

Bartlett & CO. Wealth Management LLC lessened its holdings in Chevron Corporation (NYSE:CVX) by 2.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 496,109 shares of the oil and gas company’s stock after selling 12,042 shares during the quarter. Chevron accounts for approximately 1.0% of Bartlett & CO. Wealth Management LLC’s investment portfolio, making the stock its 27th biggest position. Bartlett & CO. Wealth Management LLC’s holdings in Chevron were worth $77,041,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Algert Global LLC increased its stake in Chevron by 22.7% during the 1st quarter. Algert Global LLC now owns 3,692 shares of the oil and gas company’s stock worth $618,000 after acquiring an additional 682 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Chevron during the 1st quarter worth $1,011,000. Candriam S.C.A. grew its holdings in shares of Chevron by 16.3% during the 1st quarter. Candriam S.C.A. now owns 3,525 shares of the oil and gas company’s stock worth $590,000 after purchasing an additional 493 shares in the last quarter. Sax Wealth Advisors LLC increased its position in shares of Chevron by 73.7% in the first quarter. Sax Wealth Advisors LLC now owns 9,108 shares of the oil and gas company’s stock worth $1,524,000 after purchasing an additional 3,865 shares during the period. Finally, Trinity Legacy Partners LLC raised its stake in Chevron by 8.5% in the first quarter. Trinity Legacy Partners LLC now owns 37,102 shares of the oil and gas company’s stock valued at $6,207,000 after purchasing an additional 2,907 shares in the last quarter. 72.42% of the stock is owned by institutional investors.

Insider Transactions at Chevron

In other news, Director John B. Hess sold 275,000 shares of the firm’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $150.75, for a total transaction of $41,456,250.00. Following the completion of the transaction, the director owned 1,128,045 shares of the company’s stock, valued at approximately $170,052,783.75. This trade represents a 19.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.21% of the company’s stock.

Chevron Trading Up 0.0%

NYSE CVX opened at $147.74 on Friday. The company has a market cap of $297.47 billion, a price-to-earnings ratio of 20.78, a price-to-earnings-growth ratio of 8.78 and a beta of 0.68. Chevron Corporation has a twelve month low of $132.04 and a twelve month high of $168.96. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19. The business’s fifty day moving average is $152.31 and its 200 day moving average is $152.46.

Chevron (NYSE:CVX) last posted its earnings results on Friday, October 31st. The oil and gas company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.71 by $0.14. The firm had revenue of $48.17 billion during the quarter, compared to the consensus estimate of $46.99 billion. Chevron had a return on equity of 8.74% and a net margin of 6.57%.The business’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period last year, the company earned $2.48 earnings per share. As a group, sell-side analysts expect that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 18th were issued a dividend of $1.71 per share. This represents a $6.84 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, November 18th. Chevron’s payout ratio is presently 96.20%.

Analyst Ratings Changes

CVX has been the topic of several recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Chevron in a report on Wednesday, October 8th. Zacks Research cut shares of Chevron from a “hold” rating to a “strong sell” rating in a research note on Monday, November 24th. Mizuho upped their target price on Chevron from $204.00 to $206.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. UBS Group reaffirmed a “buy” rating on shares of Chevron in a report on Monday, December 1st. Finally, Scotiabank boosted their price target on Chevron from $160.00 to $165.00 and gave the stock a “sector perform” rating in a report on Thursday, October 9th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $166.00.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron sealed a five‑year LNG supply deal to deliver 2 billion cubic meters to Hungary, adding near‑term contracted export volumes and European revenue diversification away from Russian gas. This supports steady cash flow and strengthens Chevron’s European foothold. Chevron to Export 2 Billion Cubic Meters of LNG to Hungary
• Positive Sentiment: Analysts and retail outlets argue Chevron can generate strong free cash flow if energy prices remain elevated through 2030, supporting capital spending, dividends and buybacks even in moderately lower-price scenarios — a bullish operating-profile narrative for long-term income investors. Why Chevron Could Thrive If Energy Prices Stay Elevated Through 2030
• Positive Sentiment: Television commentator Jim Cramer publicly recommended sticking with Chevron and expressed confidence in CEO Mike Wirth’s ability to deliver results — a high‑profile endorsement that can buoy retail sentiment. Jim Cramer on Chevron: “I Would Stick With It”
• Positive Sentiment: Coverage highlighting Chevron as one of Berkshire Hathaway’s “dividend aristocrats” underscores its track record of shareholder returns and may attract income‑focused or dividend‑growth investors. Inside Berkshire’s Dividend Aristocrats: Bank of America, Chevron, and Coca‑Cola
• Positive Sentiment: Benzinga reports Chevron is named among participants in a high‑stakes nuclear/fusion play alongside big tech and finance firms — signalling investments in low‑carbon technologies and potential long‑term strategic optionality. Trump Media Fusion Deal: Donald Trump Joins Google, Chevron, Goldman Sachs In High‑Stakes Nuclear Energy Play
• Neutral Sentiment: Forbes examines whether Chevron’s attractive cash‑return profile is being masked by its Venezuela exposure — a balanced read that highlights strong returns but flags political and sanction risks investors should price in. Is Venezuela Risk Masking Chevron’s Strong Cash‑Return Profile?
• Negative Sentiment: Reporting shows Chevron continues operations in Venezuela despite rising U.S.–Venezuela tensions, which raises sanction, legal and operational risks that could disrupt production or exports. That geopolitical exposure is a potential downside catalyst. Chevron keeps working in Venezuela amid tensions with U.S.
• Negative Sentiment: Some sanctioned oil vessels are diverting from Venezuela after threats of a blockade, indicating potential logistical and export disruptions tied to the geopolitical situation that could indirectly affect Chevron’s Venezuela operations. Some sanctioned oil vessels divert from Venezuela as Trump threatens blockade

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.