Howland Capital Management LLC Increases Stake in Chevron Corporation $CVX

Howland Capital Management LLC raised its position in shares of Chevron Corporation (NYSE:CVX) by 8.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 151,032 shares of the oil and gas company’s stock after buying an additional 11,794 shares during the period. Howland Capital Management LLC’s holdings in Chevron were worth $23,454,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CVX. Alesco Advisors LLC bought a new position in Chevron in the 3rd quarter worth $304,000. SOL Capital Management CO raised its stake in Chevron by 14.8% in the third quarter. SOL Capital Management CO now owns 3,976 shares of the oil and gas company’s stock worth $617,000 after buying an additional 512 shares in the last quarter. Rather & Kittrell Inc. lifted its holdings in Chevron by 6.4% in the third quarter. Rather & Kittrell Inc. now owns 5,783 shares of the oil and gas company’s stock worth $898,000 after buying an additional 347 shares during the period. Evergreen Capital Management LLC boosted its position in Chevron by 54.4% during the 3rd quarter. Evergreen Capital Management LLC now owns 50,653 shares of the oil and gas company’s stock valued at $7,866,000 after acquiring an additional 17,845 shares in the last quarter. Finally, Phoenix Wealth Advisors grew its holdings in shares of Chevron by 42.3% during the 3rd quarter. Phoenix Wealth Advisors now owns 2,411 shares of the oil and gas company’s stock worth $374,000 after acquiring an additional 717 shares during the period. Institutional investors own 72.42% of the company’s stock.

Analysts Set New Price Targets

CVX has been the topic of several recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chevron in a research note on Wednesday, October 8th. Scotiabank reaffirmed a “sector perform” rating and issued a $168.00 target price on shares of Chevron in a research report on Friday. Raymond James Financial reissued an “outperform” rating and set a $160.00 price target (down from $170.00) on shares of Chevron in a research report on Friday, October 17th. Freedom Capital cut shares of Chevron from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Finally, Hsbc Global Res raised shares of Chevron from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $168.27.

Chevron Stock Up 0.1%

CVX stock opened at $166.27 on Friday. The company has a market cap of $334.79 billion, a price-to-earnings ratio of 23.39, a P/E/G ratio of 10.29 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. The business’s 50-day moving average is $153.46 and its two-hundred day moving average is $154.22. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $169.37.

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

Chevron Dividend Announcement

The business also recently disclosed 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 dividend yield of 4.1%. The ex-dividend date of this dividend was Tuesday, November 18th. Chevron’s dividend payout ratio is 96.20%.

Insider Transactions at Chevron

In other Chevron news, insider Alana K. Knowles sold 7,956 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $165.05, for a total transaction of $1,313,137.80. Following the sale, the insider directly owned 1,207 shares in the company, valued at $199,215.35. This represents a 86.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Eimear P. Bonner sold 28,334 shares of Chevron stock in a transaction on Monday, January 5th. The stock was sold at an average price of $165.05, for a total transaction of $4,676,526.70. Following the transaction, the chief financial officer directly owned 4,366 shares of the company’s stock, valued at $720,608.30. The trade was a 86.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 635,190 shares of company stock worth $100,254,408. 0.21% of the stock is currently owned by company insiders.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron took a Final Investment Decision (FID) to expand the Leviathan offshore gas platform, adding wells and capacity to send more gas to Israel, Egypt and Jordan — a concrete growth project that should strengthen Chevron’s Eastern Mediterranean gas production and near‑term cash flow. Reuters: Chevron takes final investment decision on Leviathan gas expansion
• Positive Sentiment: Multiple outlets report Chevron is likely to receive an expanded U.S. license to operate in Venezuela, which — if finalized and implemented — would enable higher production and exports from a large resource basin and materially improve future production upside. Reuters: Chevron expected to receive expanded Venezuela license
• Neutral Sentiment: Republican bill H.R.7084 (Defending American Property Abroad Act) would give the U.S. government additional tools related to ports and assets seized by foreign states — could be helpful for U.S. companies with expropriation risk, but timing and use of the law are uncertain. QuiverQuant: H.R.7084 summary
• Neutral Sentiment: Investor commentary and screening pieces are flagging Chevron as a dividend and income name worth buying on weakness — supportive to longer‑term demand for the stock but less relevant to near‑term price moves. Seeking Alpha: Buy the dip — dividend growth stocks
• Negative Sentiment: New legislation proposed (H.R.7094, No Aid for Russian Energy Act) would restrict U.S. persons and parent companies from supplying equipment/services to Russia’s energy sector — a potential regulatory headwind for U.S. majors with any exposure or plans tied to Russia. QuiverQuant: H.R.7094 summary
• Negative Sentiment: Insider selling: an executive sold 3,200 shares at roughly $168 — common but can be interpreted as a modest near‑term negative signal to sentiment. SEC Form 4: insider sale
• Negative Sentiment: Oil prices slipped after an easing of Iran‑related geopolitical risk, which pressures upstream margins and can temper short‑term earnings for integrated majors including Chevron. Barron’s: Oil prices fall as Iran tensions ease

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.