Intrua Financial LLC Has $4.81 Million Position in Chevron Corporation $CVX

Intrua Financial LLC grew its holdings in shares of Chevron Corporation (NYSE:CVX) by 21.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,952 shares of the oil and gas company’s stock after buying an additional 5,466 shares during the quarter. Intrua Financial LLC’s holdings in Chevron were worth $4,807,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Perpetual Ltd grew its holdings in Chevron by 0.6% during the second quarter. Perpetual Ltd now owns 17,309 shares of the oil and gas company’s stock worth $2,478,000 after purchasing an additional 97 shares during the period. Assenagon Asset Management S.A. boosted its stake in shares of Chevron by 514.0% during the 2nd quarter. Assenagon Asset Management S.A. now owns 542,775 shares of the oil and gas company’s stock worth $77,720,000 after acquiring an additional 673,890 shares during the period. CX Institutional boosted its stake in shares of Chevron by 5.7% during the 2nd quarter. CX Institutional now owns 52,528 shares of the oil and gas company’s stock worth $7,521,000 after acquiring an additional 2,852 shares during the period. Vantage Wealth increased its holdings in shares of Chevron by 0.5% during the 2nd quarter. Vantage Wealth now owns 125,500 shares of the oil and gas company’s stock worth $17,970,000 after acquiring an additional 635 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in Chevron by 4.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 94,662 shares of the oil and gas company’s stock valued at $13,555,000 after acquiring an additional 4,372 shares during the period. Institutional investors own 72.42% of the company’s stock.

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

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Citigroup reduced 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, January 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chevron in a report on Wednesday, October 8th. Sanford C. Bernstein increased their price target on shares of Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a report on Monday, January 5th. Scotiabank restated a “sector perform” rating and set a $168.00 price objective on shares of Chevron in a research report on Friday. Finally, HSBC set a $169.00 target price on Chevron and gave the company a “buy” rating in a research report on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating, thirteen 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, the company currently has an average rating of “Hold” and a consensus target price of $168.27.

Chevron Trading Up 0.1%

Shares of NYSE:CVX opened at $166.27 on Monday. The business’s 50 day simple moving average is $153.46 and its 200 day simple moving average is $154.27. Chevron Corporation has a 1 year low of $132.04 and a 1 year high of $169.37. 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 company has a market capitalization of $334.79 billion, a P/E ratio of 23.39, a P/E/G ratio of 10.29 and a beta of 0.70.

Chevron (NYSE:CVX) last released its earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $46.99 billion. During the same period in the prior year, the company posted $2.48 EPS. The company’s revenue was down 1.9% compared to the same quarter last year. On average, 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 issued a $1.71 dividend. This represents a $6.84 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Tuesday, November 18th. Chevron’s dividend payout ratio (DPR) is currently 96.20%.

Insider Activity

In other news, CFO Eimear P. Bonner sold 28,334 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $165.05, for a total transaction of $4,676,526.70. Following the completion of the sale, the chief financial officer owned 4,366 shares of the company’s stock, valued at approximately $720,608.30. This represents a 86.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Alana K. Knowles sold 7,956 shares of the 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 owned 1,207 shares in the company, valued at $199,215.35. This represents a 86.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 635,190 shares of company stock valued at $100,254,408 over the last quarter. 0.21% of the stock is owned by corporate insiders.

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.