Cynosure Group LLC Buys Shares of 3,429 Chevron Corporation $CVX

Cynosure Group LLC purchased a new stake in shares of Chevron Corporation (NYSE:CVX) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,429 shares of the oil and gas company’s stock, valued at approximately $532,000.

Other large investors also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC lifted its stake in Chevron by 652,139.5% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 83,714,936 shares of the oil and gas company’s stock worth $13,214,757,000 after purchasing an additional 83,702,101 shares in the last quarter. Norges Bank purchased a new stake in shares of Chevron in the second quarter worth $2,721,477,000. Laurel Wealth Advisors LLC raised its position in shares of Chevron by 14,194.2% in the second quarter. Laurel Wealth Advisors LLC now owns 3,722,217 shares of the oil and gas company’s stock worth $532,984,000 after buying an additional 3,696,177 shares in the last quarter. Berkshire Hathaway Inc boosted its stake in Chevron by 2.9% during 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 buying an additional 3,454,258 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Chevron by 4.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 34,772,753 shares of the oil and gas company’s stock worth $4,979,255,000 after buying an additional 1,342,723 shares in the last quarter. 72.42% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on CVX. HSBC set a $169.00 price target on Chevron and gave the company a “buy” rating in a report on Monday, December 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chevron in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Chevron from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Zacks Research raised shares of Chevron from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. Finally, Wells Fargo & Company lifted their price objective on shares of Chevron from $190.00 to $196.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $166.00.

Insider Buying and Selling at Chevron

In related 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 transaction of $41,456,250.00. Following the completion of the sale, the director directly owned 1,128,045 shares in the company, valued at $170,052,783.75. This represents a 19.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.20% of the company’s stock.

Chevron Trading Up 2.2%

CVX stock opened at $155.81 on Monday. The company has a market capitalization of $313.73 billion, a PE ratio of 21.91, a price-to-earnings-growth ratio of 9.76 and a beta of 0.70. 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 one year low of $132.04 and a one year high of $168.96. The company’s 50 day moving average price is $151.88 and its two-hundred day moving average price is $153.09.

Chevron (NYSE:CVX) last released 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 company 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 firm’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.48 EPS. As a group, analysts predict that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 18th were issued a $1.71 dividend. The ex-dividend date was Tuesday, November 18th. This represents a $6.84 annualized dividend and a dividend yield of 4.4%. Chevron’s payout ratio is currently 96.20%.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Market optimism from comments that U.S. energy firms could return to Venezuela — a reopening would give Chevron access to very large reserves and long‑term production upside. US oil giants mum after Trump says they’ll spend billions in Venezuela
• Positive Sentiment: WSJ reports Chevron is actively charting new operational approaches in Venezuela to unlock reserves, reinforcing investor hopes of material future production growth if political access is secured. Chevron Charts a New Path in Venezuela to Unlock Vast Oil Reserves
• Positive Sentiment: Political developments and U.S. statements (including from Secretary Rubio) suggesting stronger U.S. leverage in Venezuela have boosted expectations that sanctions/diplomatic barriers could ease, improving Chevron’s optionality. Rubio explains how U.S. might ‘run’ Venezuela after Maduros’ ouster
• Positive Sentiment: Investor-focused writeups continue to highlight Chevron’s dividend, yield and integrated business model as reasons for buy-and-hold interest among income investors. 2 No-Brainer High-Yield Energy Stocks to Buy Right Now
• Neutral Sentiment: Broader market analyses flag Venezuela’s reserves as a reshuffling factor for energy winners/losers; outcomes depend on sanctions, contract terms and who gets first-mover advantage. Why Venezuela’s Vast Oil Reserves Could Reshape US Energy Winners And Losers — Three Stocks To Watch
• Neutral Sentiment: 67% institutional ownership underscores that large investors are already positioned in CVX, which can stabilize trading but also magnify reaction to major corporate or geopolitical news. With 67% ownership in Chevron Corporation (NYSE:CVX), institutional investors have a lot riding on the business
• Negative Sentiment: Analysts and deep-dive pieces warn of execution, legal and sanction risks in Venezuela — access to reserves is uncertain and costly, which could cap upside or create episodic volatility. Chevron: Tight Spot In Venezuela
• Negative Sentiment: Critical commentary argues Venezuelan opportunities may not justify a buy — valuation, execution risk and Chevron’s modest recent share performance temper enthusiasm. Chevron Stock Up 6%. Why Venezuelan Oil May Not Make $CVX A Buy
• Negative Sentiment: Legacy project risks persist elsewhere — reporting on Chevron’s Tengiz expansion in Kazakhstan highlights operational and capital uncertainty that could weigh on near-term results. How Kazakhstan Aims to Tap More Oil Riches Below Its Grassy Plains

Chevron Company 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.