CX Institutional Grows Stock Position in Chevron Corporation $CVX

CX Institutional raised its position in Chevron Corporation (NYSE:CVX) by 21.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,992 shares of the oil and gas company’s stock after acquiring an additional 11,464 shares during the quarter. CX Institutional’s holdings in Chevron were worth $9,937,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Perigon Wealth Management LLC increased its holdings in Chevron by 19.3% in the third quarter. Perigon Wealth Management LLC now owns 73,448 shares of the oil and gas company’s stock valued at $11,406,000 after buying an additional 11,875 shares during the last quarter. Solitude Financial Services grew its position in shares of Chevron by 8.2% in the 2nd quarter. Solitude Financial Services now owns 25,325 shares of the oil and gas company’s stock worth $3,626,000 after acquiring an additional 1,913 shares in the last quarter. Pictet North America Advisors SA bought a new stake in shares of Chevron in the 3rd quarter valued at approximately $5,662,000. Shell Asset Management Co. increased its holdings in shares of Chevron by 21.4% in the 2nd quarter. Shell Asset Management Co. now owns 51,115 shares of the oil and gas company’s stock valued at $7,319,000 after acquiring an additional 9,002 shares during the last quarter. Finally, Mutual Advisors LLC raised its position in shares of Chevron by 7.3% during the 2nd quarter. Mutual Advisors LLC now owns 88,759 shares of the oil and gas company’s stock valued at $13,743,000 after acquiring an additional 6,058 shares in the last quarter. 72.42% of the stock is owned by institutional investors and hedge funds.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron is in talks with the U.S. government to expand a license to operate in Venezuela, which could allow increased crude exports to Chevron’s refineries and third-party sales — a direct, near‑term revenue upside if approved. Exclusive: Chevron in talks with US government for expanded Venezuela license, sources say
• Positive Sentiment: Reports say Chevron and Quantum Energy Partners are lining up a bid for roughly $22B of Lukoil’s international assets — a strategic acquisition that could expand Chevron’s upstream footprint and asset base if sanctioned‑asset deals clear regulatory review. Chevron, Quantum Energy Partners line up bid for $22 billion of Lukoil assets, FT reports
• Positive Sentiment: Analysts and sector writeups continue to highlight Chevron’s unique refining capability on the U.S. Gulf Coast to process heavy Venezuelan crude — a structural advantage that underpins the bullish narrative if Venezuelan barrels flow. Why Chevron’s Venezuela Exposure Puts CVX Stock in Play for 2026
• Neutral Sentiment: Unusually large options activity has been flagged on CVX — this can amplify intraday moves but doesn’t by itself change fundamentals; it’s a sign of traders positioning for continued volatility. Chevron Target of Unusually Large Options Trading (NYSE:CVX)
• Neutral Sentiment: Shipping data shows Chevron’s Venezuelan exports flowing while others pause — operationally supportive but still subject to sanction and buyer uncertainties. Venezuela’s oil deliveries to Asia at standstill, Chevron’s exports flowing -shipping data
• Negative Sentiment: Large insider sales were disclosed: CFO Eimear Bonner and director Alana Knowles sold sizable positions at about $165 per share on Jan. 5 — these exits can signal near‑term selling pressure and dent investor confidence. SEC Form 4 (Eimear P. Bonner) Alana K. Knowles insider sale
• Negative Sentiment: Analyst warnings and downgrades have emerged: Freedom Capital downgraded CVX to “strong sell,” and some brokers/notes caution that Venezuelan upside is uncertain and will take years, pressuring sentiment after the quick rally. Freedom Capital downgrade via Zacks
• Negative Sentiment: Market commentary (MarketWatch/Forbes/Seeking Alpha) emphasizes operational, legal and investment hurdles in Venezuela — a reality check that has driven short‑term profit taking and greater risk aversion. Chevron’s stock falls as the market gets a reality check on Venezuela

Analyst Ratings Changes

A number of research firms have commented on CVX. Morgan Stanley lifted their price objective on shares of Chevron from $177.00 to $180.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Freedom Capital lowered shares of Chevron from a “hold” rating to a “strong sell” rating in a report on Tuesday. Citigroup lowered their price objective on shares of Chevron from $185.00 to $179.00 and set a “buy” rating for the company in a research report on Monday. Sanford C. Bernstein raised their target price on shares of Chevron from $170.00 to $172.00 and gave the stock a “market perform” rating in a report on Monday. Finally, Hsbc Global Res upgraded Chevron from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, Chevron has a consensus rating of “Hold” and an average target price of $166.90.

Insiders Place Their Bets

In related news, CEO Michael K. Wirth sold 320,700 shares of Chevron stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $162.99, for a total transaction of $52,270,893.00. Following the sale, the chief executive officer directly owned 14,450 shares in the company, valued at $2,355,205.50. The trade was a 95.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John B. Hess sold 275,000 shares of the company’s 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 of the company’s stock, valued at $170,052,783.75. The trade was a 19.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 631,990 shares of company stock worth $99,716,808. Insiders own 0.21% of the company’s stock.

Chevron Trading Down 0.9%

Shares of NYSE:CVX opened at $155.20 on Thursday. 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 company’s 50-day moving average price is $152.10 and its 200 day moving average price is $153.27. The company has a market cap of $312.50 billion, a PE ratio of 21.83, a P/E/G ratio of 9.80 and a beta of 0.70. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $168.96.

Chevron (NYSE:CVX) last posted its earnings results on Friday, October 31st. The oil and gas company reported $1.85 EPS for the quarter, topping the consensus estimate of $1.71 by $0.14. The firm had revenue of $48.17 billion during the quarter, compared to analysts’ expectations of $46.99 billion. Chevron had a net margin of 6.57% and a return on equity of 8.74%. Chevron’s quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.48 EPS. Sell-side 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 dividend of $1.71 per share. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $6.84 annualized dividend and a yield of 4.4%. Chevron’s payout ratio is presently 96.20%.

About Chevron

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.