ACR Alpine Capital Research LLC Increases Position in Chevron Corporation $CVX

ACR Alpine Capital Research LLC lifted its stake in Chevron Corporation (NYSE:CVX) by 2.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,471,567 shares of the oil and gas company’s stock after buying an additional 52,417 shares during the period. Chevron makes up approximately 6.6% of ACR Alpine Capital Research LLC’s holdings, making the stock its 7th largest holding. ACR Alpine Capital Research LLC owned about 0.14% of Chevron worth $383,810,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. CX Institutional grew its holdings in shares of Chevron by 5.7% in the second quarter. CX Institutional now owns 52,528 shares of the oil and gas company’s stock worth $7,521,000 after purchasing an additional 2,852 shares during the last quarter. Sheets Smith Wealth Management grew its holdings in Chevron by 21.0% in the 2nd quarter. Sheets Smith Wealth Management now owns 5,438 shares of the oil and gas company’s stock worth $779,000 after acquiring an additional 942 shares during the last quarter. Maseco LLP purchased a new position in shares of Chevron in the second quarter valued at about $53,000. IMS Capital Management purchased a new position in shares of Chevron in the second quarter valued at about $279,000. Finally, Verum Partners LLC raised its stake in shares of Chevron by 18.7% during the second quarter. Verum Partners LLC now owns 3,496 shares of the oil and gas company’s stock valued at $501,000 after acquiring an additional 551 shares during the last quarter. 72.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Wells Fargo & Company raised their target price on Chevron from $190.00 to $196.00 and gave the stock an “overweight” rating in a research note on Friday, November 14th. Jefferies Financial Group lifted their price objective on Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Sanford C. Bernstein boosted their target price on Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a research note on Monday, January 5th. Wall Street Zen lowered Chevron from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. Finally, Bank of America reduced their price objective on shares of Chevron from $183.00 to $180.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $170.29.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron is moving to exit Singapore refining/distribution assets, expected to close the sale of its 50% stake in Singapore Refining Company in Q1; the deal supports management’s push to redeploy capital into higher-margin upstream and energy-transition projects. Exclusive: Chevron plans to finalise Singapore oil assets sale in Q1, sources say
• Positive Sentiment: Multiple outlets report the same Singapore sale timeline, reinforcing the likelihood the deal will close soon — this reduces downstream exposure and could improve ROIC metrics. Chevron Plans to Conclude Sale of Singapore Assets by Q1 FY26
• Positive Sentiment: Analyst upgrades and target increases (JPMorgan upgrade; Scotiabank raised target to $168) are lifting sentiment and could support the stock — these changes reflect conviction in Chevron’s cash returns, post-merger scale and upstream catalysts. Chevron Stock Rating Upgraded by JPMorgan Chase & Co. Scotiabank raises CVX target to $168
• Positive Sentiment: Discussions with Turkey’s state firm on joint oil & gas exploration point to additional upstream growth optionality and geographic diversification that investors may view as a medium-term catalyst. Chevron and Turkey in Talks for Joint Oil & Gas Exploration
• Positive Sentiment: Bullish retail/analyst narratives (e.g., “3 Reasons to Buy Chevron”) emphasize a strong balance sheet, attractive dividend yield and integrated business — supportive for income-oriented investors. 3 Reasons to Buy Chevron Stock Like There’s No Tomorrow
• Neutral Sentiment: Valuation and catalyst pieces highlight constructive upstream developments (Leviathan expansion, Venezuela progress, Hess merger benefits) but note mixed near-term earnings impact; these are discussion items rather than immediate drivers. Chevron (CVX) Valuation Check After Leviathan Expansion, Venezuela Progress And Post Hess Merger Upgrades
• Neutral Sentiment: Curated lists and comparison stories (Dogs of the Dow, Chevron vs. Petrobras) keep CVX on investors’ radar for yield and geopolitical exposure but are not immediate price catalysts. The Dogs of the Dow: 10 Downtrodden Dividends Paying Out Up to 6.8%
• Negative Sentiment: Broader market/geopolitical jitters (holiday-shortened session, international tensions) have pressured energy names and contributed to today’s pullback; macro headlines can outweigh company-level positives in the short term. Energy Stocks Steady Amid Macro Chaos; Sunday Night Earnings Surprise Ahead

Insider Buying and Selling at Chevron

In other news, CFO Eimear P. Bonner sold 28,334 shares of the business’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 value of $4,676,526.70. Following the sale, 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 position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, 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 value of $1,313,137.80. Following the completion of the sale, the insider owned 1,207 shares in the company, valued at $199,215.35. The trade was a 86.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 635,190 shares of company stock valued at $100,254,408 over the last ninety days. Company insiders own 0.21% of the company’s stock.

Chevron Price Performance

CVX opened at $166.42 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. The company has a market cap of $335.09 billion, a price-to-earnings ratio of 23.41, a price-to-earnings-growth ratio of 10.91 and a beta of 0.70. The stock has a fifty day simple moving average of $154.34 and a two-hundred day simple moving average of $154.68. Chevron Corporation has a 12-month low of $132.04 and a 12-month high of $169.37.

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, topping analysts’ consensus estimates of $1.71 by $0.14. The firm had revenue of $48.17 billion for the quarter, compared to the consensus estimate of $46.99 billion. Chevron had a net margin of 6.57% and a return on equity of 8.74%. The company’s revenue was down 1.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.48 EPS. Research analysts predict that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Dividend Announcement

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 dividend on an annualized basis and a dividend yield of 4.1%. Chevron’s dividend payout ratio (DPR) is currently 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.