Deane Retirement Strategies Inc. Sells 25,187 Shares of Chevron Corporation $CVX

Deane Retirement Strategies Inc. trimmed its stake in shares of Chevron Corporation (NYSE:CVX) by 96.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 853 shares of the oil and gas company’s stock after selling 25,187 shares during the quarter. Deane Retirement Strategies Inc.’s holdings in Chevron were worth $132,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Quaker Wealth Management LLC lifted its holdings in shares of Chevron by 197.7% in the second quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock worth $31,000 after buying an additional 439 shares in the last quarter. Vermillion & White Wealth Management Group LLC grew its stake in Chevron by 86.1% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 118 shares in the last quarter. IMG Wealth Management Inc. grew its stake in Chevron by 52.3% during the second quarter. IMG Wealth Management Inc. now owns 265 shares of the oil and gas company’s stock valued at $38,000 after acquiring an additional 91 shares in the last quarter. GFG Capital LLC bought a new stake in Chevron during the 2nd quarter worth approximately $42,000. Finally, LFA Lugano Financial Advisors SA lifted its stake in Chevron by 106.7% in the 2nd quarter. LFA Lugano Financial Advisors SA now owns 310 shares of the oil and gas company’s stock worth $44,000 after purchasing an additional 160 shares in the last quarter. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Chevron Stock Up 0.4%

Shares of NYSE:CVX opened at $150.47 on Wednesday. The firm has a market capitalization of $302.97 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 8.90 and a beta of 0.68. 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 52-week low of $132.04 and a 52-week high of $168.96. The firm has a fifty day moving average of $152.23 and a 200 day moving average of $152.73.

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

Chevron Announces Dividend

The company 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. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $6.84 annualized dividend and a yield of 4.5%. Chevron’s dividend payout ratio is currently 96.20%.

Insider Transactions at Chevron

In other Chevron news, Director John B. Hess sold 275,000 shares of the stock in a transaction that occurred 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 transaction, the director directly owned 1,128,045 shares in the company, valued at $170,052,783.75. This trade represents a 19.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.20% of the stock is currently owned by corporate insiders.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analysts highlight Chevron’s low‑cost Permian exposure as a resilience driver into 2026, supporting cash flow and dividend sustainability even if oil prices soften. Permian Operations to Drive Resilience
• Positive Sentiment: Dividend appeal: coverage lists Chevron among top dividend names with a roughly 4.6% yield and a long streak of increases — a positive for income investors seeking reliable cash returns. Best Dividend Stocks To Buy In 2026
• Neutral Sentiment: Short‑term market attention: Zacks notes Chevron has attracted heavy interest and beat a recent trading session, which can amplify intraday moves but doesn’t change fundamentals. Chevron Laps the Stock Market
• Neutral Sentiment: Interest from retail/pro service audiences: Zacks flagged CVX as a “most‑watched” name, which can increase trading volume and volatility but not necessarily alter earnings outlook. Is Most-Watched Stock Chevron Worth Betting On?
• Neutral Sentiment: Macro/portfolio context: a roundup piece on long‑term investor allocations mentions large names investors hold — such mentions can influence sentiment but don’t directly change Chevron fundamentals. Warren Buffett Departs With 64% of Berkshire in 5 Stocks to Hold Forever
• Negative Sentiment: Regulatory and geopolitical risk: multiple reports say Chevron is continuing to move Venezuelan crude under U.S. licenses despite rising U.S. pressure and sanctions complexity; this supports near‑term volumes but raises legal, compliance and reputational risk that could attract scrutiny or affect future operations. Chevron Continues to Bet on Venezuela, WSJ Reports

Analyst Upgrades and Downgrades

Several brokerages have commented on CVX. Wells Fargo & Company raised their price target on shares of Chevron from $190.00 to $196.00 and gave the company an “overweight” rating in a report on Friday, November 14th. Barclays dropped their price objective 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. Morgan Stanley boosted their target price on Chevron from $177.00 to $180.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Bank of America decreased their target price on Chevron from $183.00 to $180.00 and set a “buy” rating on the stock in a research note on Thursday, December 11th. Finally, Hsbc Global Res upgraded Chevron from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. 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 stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $166.00.

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.