Douglas Lane & Associates LLC Acquires 6,706 Shares of Chevron Corporation $CVX

Douglas Lane & Associates LLC lifted its stake in Chevron Corporation (NYSE:CVX) by 1.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 487,924 shares of the oil and gas company’s stock after purchasing an additional 6,706 shares during the quarter. Chevron comprises 1.1% of Douglas Lane & Associates LLC’s portfolio, making the stock its 28th biggest holding. Douglas Lane & Associates LLC’s holdings in Chevron were worth $75,770,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in CVX. White Knight Strategic Wealth Advisors LLC grew its holdings in shares of Chevron by 3.0% in the second quarter. White Knight Strategic Wealth Advisors LLC now owns 2,230 shares of the oil and gas company’s stock worth $319,000 after purchasing an additional 65 shares during the last quarter. Rakuten Securities Inc. raised its stake in Chevron by 7.4% in the second quarter. Rakuten Securities Inc. now owns 961 shares of the oil and gas company’s stock worth $138,000 after buying an additional 66 shares in the last quarter. Analyst IMS Investment Management Services Ltd. raised its position in shares of Chevron by 1.0% in the 2nd quarter. Analyst IMS Investment Management Services Ltd. now owns 6,751 shares of the oil and gas company’s stock worth $966,000 after acquiring an additional 67 shares in the last quarter. M.E. Allison & CO. Inc. lifted its position in shares of Chevron by 0.6% during the third quarter. M.E. Allison & CO. Inc. now owns 11,204 shares of the oil and gas company’s stock valued at $1,740,000 after buying an additional 67 shares during the last quarter. Finally, Greenfield Savings Bank lifted its position in Chevron by 0.6% during the second quarter. Greenfield Savings Bank now owns 11,611 shares of the oil and gas company’s stock valued at $1,663,000 after acquiring an additional 68 shares during the last quarter. 72.42% of the stock is owned by hedge funds and other institutional investors.

Chevron News Roundup

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

Insider Buying and Selling

In other news, Director John B. Hess sold 275,000 shares of the stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $150.75, for a total value of $41,456,250.00. Following the transaction, the director owned 1,128,045 shares in the company, valued at approximately $170,052,783.75. This represents a 19.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CVX shares. UBS Group reaffirmed a “buy” rating on shares of Chevron in a research report on Monday, December 1st. Piper Sandler reduced their target price on Chevron from $171.00 to $169.00 and set an “overweight” rating for the company in a research note on Monday, November 10th. Hsbc Global Res raised Chevron from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Morgan Stanley boosted their target price on shares of Chevron from $177.00 to $180.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chevron in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $166.00.

Chevron Stock Performance

Shares of Chevron stock opened at $147.74 on Monday. The business’s 50 day moving average price is $152.31 and its 200 day moving average price is $152.56. 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 company has a market cap of $297.47 billion, a price-to-earnings ratio of 20.78, a PEG ratio of 8.78 and a beta of 0.68. Chevron Corporation has a one year low of $132.04 and a one year high of $168.96.

Chevron (NYSE:CVX) last released its quarterly 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 for the quarter, compared to analyst estimates of $46.99 billion. Chevron had a net margin of 6.57% and a return on equity of 8.74%. The business’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.48 EPS. On average, research analysts predict that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Announces Dividend

The company also recently declared 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 annualized dividend and a yield of 4.6%. The ex-dividend date was Tuesday, November 18th. Chevron’s payout ratio is 96.20%.

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.