Chevron Corporation $CVX Shares Acquired by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC boosted its holdings in shares of Chevron Corporation (NYSE:CVX) by 1,398.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 125,012 shares of the oil and gas company’s stock after acquiring an additional 116,669 shares during the period. Exchange Traded Concepts LLC’s holdings in Chevron were worth $19,413,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Berkshire Hathaway Inc grew its holdings in Chevron by 2.9% in the second quarter. Berkshire Hathaway Inc now owns 122,064,792 shares of the oil and gas company’s stock valued at $17,478,458,000 after purchasing an additional 3,454,258 shares during the period. Kingstone Capital Partners Texas LLC raised its stake in shares of Chevron by 652,139.5% during the second quarter. Kingstone Capital Partners Texas LLC now owns 83,714,936 shares of the oil and gas company’s stock valued at $13,214,757,000 after purchasing an additional 83,702,101 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Chevron by 4.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 34,772,753 shares of the oil and gas company’s stock valued at $4,979,255,000 after buying an additional 1,342,723 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of Chevron by 1.9% in the 2nd quarter. Fisher Asset Management LLC now owns 20,826,805 shares of the oil and gas company’s stock valued at $2,982,190,000 after purchasing an additional 378,936 shares in the last quarter. Finally, Norges Bank bought a new position in Chevron during the 2nd quarter valued at $2,721,477,000. 72.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on CVX. Piper Sandler lowered their price objective on shares of Chevron from $171.00 to $169.00 and set an “overweight” rating for the company in a research report on Monday, November 10th. Hsbc Global Res upgraded Chevron from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. HSBC set a $169.00 price target on Chevron and gave the company a “buy” rating in a report on Monday, December 1st. Barclays cut their price target on Chevron from $160.00 to $158.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 7th. Finally, Wall Street Zen raised shares of Chevron from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $166.00.

Insider Activity

In other Chevron news, Director John B. Hess sold 275,000 shares of the business’s stock in a transaction that occurred on 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 sale, the director owned 1,128,045 shares in the company, valued at approximately $170,052,783.75. The trade was a 19.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.20% of the stock is owned by corporate insiders.

Chevron Price Performance

NYSE:CVX opened at $149.85 on Tuesday. Chevron Corporation has a one year low of $132.04 and a one year high of $168.96. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. The stock has a market cap of $301.73 billion, a P/E ratio of 21.08, a PEG ratio of 8.78 and a beta of 0.68. The company has a fifty day moving average price of $152.27 and a 200 day moving average price of $152.65.

Chevron (NYSE:CVX) last issued its earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.71 by $0.14. The business had revenue of $48.17 billion during the quarter, compared to analysts’ expectations of $46.99 billion. Chevron had a return on equity of 8.74% and a net margin of 6.57%.Chevron’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.48 EPS. Analysts anticipate that Chevron Corporation will post 10.79 earnings per share for the current 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 paid a $1.71 dividend. 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%.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Market commentary and screens pointing to CVX’s outperformance and investor interest after recent sessions, which supports buying momentum. Chevron (CVX) Laps the Stock Market: Here’s Why
• Positive Sentiment: Analysts highlight low-cost Permian operations as a resilience driver into 2026, underpinning cash flow and supporting dividend capacity. Permian Operations to Drive Resilience for These 3 Oil Stocks in 2026
• Positive Sentiment: Renewed speculation that Chevron will raise its long-running dividend (38+ years of increases) is attracting income-focused buyers and option-flow strategies. Chevron Could Raise Its Dividend Next Month – CVX Stock Looks Too Cheap
• Neutral Sentiment: Dividend-stock roundups continue to feature Chevron for its ~4.6% yield and long increase streak, which supports long-term income demand but is not a near-term catalyst by itself. Best Dividend Stocks To Buy In 2026
• Neutral Sentiment: “Most-watched” and analyst roundup pieces keep CVX on screens — boosts liquidity and attention but offers mixed buy/sell signals from different outlets. Is Most-Watched Stock Chevron Corporation (CVX) Worth Betting on Now?
• Negative Sentiment: Multiple reports show Chevron continuing operations and exports in Venezuela under U.S. license despite rising pressure — this supports short-term production but raises geopolitical and regulatory risk that could pressure sentiment if tensions escalate. Chevron continues to bet on Venezuela, WSJ reports

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.