Chevron Corporation $CVX Shares Sold by Independent Advisor Alliance

Independent Advisor Alliance cut its stake in Chevron Corporation (NYSE:CVX) by 12.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 97,486 shares of the oil and gas company’s stock after selling 13,640 shares during the period. Independent Advisor Alliance’s holdings in Chevron were worth $15,139,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Fourth Dimension Wealth LLC lifted its holdings in shares of Chevron by 56.7% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 423 shares of the oil and gas company’s stock valued at $66,000 after purchasing an additional 153 shares during the last quarter. CWS Financial Advisors LLC increased its position in Chevron by 13.5% during the third quarter. CWS Financial Advisors LLC now owns 7,295 shares of the oil and gas company’s stock worth $1,133,000 after buying an additional 869 shares during the period. Frank Rimerman Advisors LLC lifted its stake in Chevron by 19.7% in the third quarter. Frank Rimerman Advisors LLC now owns 31,731 shares of the oil and gas company’s stock valued at $4,928,000 after buying an additional 5,222 shares during the last quarter. Centric Wealth Management boosted its holdings in shares of Chevron by 8.9% in the third quarter. Centric Wealth Management now owns 24,210 shares of the oil and gas company’s stock valued at $3,818,000 after acquiring an additional 1,987 shares during the period. Finally, Centerpoint Advisory Group grew its position in shares of Chevron by 1.1% during the third quarter. Centerpoint Advisory Group now owns 6,433 shares of the oil and gas company’s stock worth $999,000 after acquiring an additional 71 shares during the last quarter. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Insider Activity at Chevron

In other news, CEO Michael K. Wirth sold 320,700 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $162.99, for a total transaction of $52,270,893.00. Following the sale, the chief executive officer owned 14,450 shares of the company’s stock, valued at $2,355,205.50. The trade was a 95.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Eimear P. Bonner sold 7,534 shares of the company’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $170.00, for a total value of $1,280,780.00. Following the completion of the sale, the chief financial officer owned 4,366 shares in the company, valued at approximately $742,220. This represents a 63.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 645,924 shares of company stock worth $102,079,188 in the last ninety days. Corporate insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

CVX has been the topic of several research reports. Piper Sandler lowered their price objective on shares of Chevron from $178.00 to $174.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. JPMorgan Chase & Co. raised Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price target on the stock in a report on Tuesday, January 20th. Wells Fargo & Company upped their price objective on Chevron from $190.00 to $196.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. Bank of America decreased their price objective on Chevron from $183.00 to $180.00 and set a “buy” rating for the company in a research report on Thursday, December 11th. 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, fourteen have issued a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $170.00.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Q4 adjusted EPS beat expectations ($1.52 vs ~ $1.44) and management emphasized cost cuts and efficiency gains that helped margins despite lower oil prices. This beat is a primary catalyst for the stock lift. Chevron Reports Fourth Quarter 2025 Results
• Positive Sentiment: Dividend increased to $1.78/share (4.1% raise), marking 39 consecutive years of increases — supports yield-focused investor demand. Chevron lifts dividend to $1.78/share
• Positive Sentiment: Record/strong production and clearer 2026 growth outlook (Permian, Tengiz, newly acquired Hess assets, guidance for 7–10% production growth) underpin earnings resilience and upside potential. Chevron Production & Outlook (MarketBeat)
• Positive Sentiment: Venezuela opportunity: Chevron plans to raise Venezuelan exports (reports of targeting ~300k bpd) and CEO comments say Caracas is taking steps to protect private investment — investors see material upside if exports scale. Chevron eyes Venezuela opportunities (Reuters)
• Neutral Sentiment: CEO interviews and media coverage reinforced the Venezuela narrative and production outlook but provide limited new detail beyond the earnings call. CEO Mike Wirth on TV (CNBC)
• Neutral Sentiment: Kazakhstan government engagement: Chevron reassured Tengiz partners it will operate reliably and safely — supports operational stability but is not a new earnings driver. Tengiz operations (Reuters)
• Negative Sentiment: Revenue missed expectations (Q4 revenue ~$45.8B vs ~$48.2B consensus) and full-year profits fell year‑over‑year — a reminder earnings strength is margin/production driven, not top‑line growth. Q4 results detail (BusinessWire)
• Negative Sentiment: Insider selling: CFO Eimear Bonner and another senior insider disclosed sizeable sales on Jan. 28 — can be interpreted negatively by some investors despite routine reasons for sales. CFO Form 4 (SEC)
• Negative Sentiment: Board-approved executive pay and long‑term equity award increases were announced, which could be viewed unfavorably by governance‑focused investors. Executive pay update (TipRanks)

Chevron Stock Up 3.3%

CVX opened at $176.75 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. Chevron Corporation has a 12 month low of $132.04 and a 12 month high of $177.30. The stock has a market capitalization of $355.90 billion, a P/E ratio of 24.86, a P/E/G ratio of 11.92 and a beta of 0.70. The business has a 50 day simple moving average of $156.40 and a 200-day simple moving average of $155.45.

Chevron (NYSE:CVX) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. Chevron had a return on equity of 8.74% and a net margin of 6.57%.The firm had revenue of $45.79 billion for the quarter, compared to analyst estimates of $48.18 billion. During the same quarter in the prior year, the company posted $2.06 earnings per share. Chevron’s quarterly revenue was down 10.2% on a year-over-year basis. On average, equities analysts anticipate that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be paid a $1.78 dividend. This represents a $7.12 annualized dividend and a dividend yield of 4.0%. This is a positive change from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date is Tuesday, February 17th. Chevron’s dividend payout ratio (DPR) is 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.