Donaldson Capital Management LLC Sells 4,307 Shares of Chevron Corporation $CVX

Donaldson Capital Management LLC lowered its stake in shares of Chevron Corporation (NYSE:CVX) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 198,653 shares of the oil and gas company’s stock after selling 4,307 shares during the period. Donaldson Capital Management LLC’s holdings in Chevron were worth $30,849,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Quaker Wealth Management LLC grew its stake in Chevron by 197.7% in the second quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock valued at $31,000 after acquiring an additional 439 shares during the period. Decker Retirement Planning Inc. bought a new stake in Chevron during the 3rd quarter worth approximately $34,000. Vermillion & White Wealth Management Group LLC increased its stake in Chevron by 86.1% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock worth $37,000 after purchasing an additional 118 shares in the last quarter. Marquette Asset Management LLC bought a new position in Chevron in the third quarter valued at approximately $41,000. Finally, IMG Wealth Management Inc. boosted its holdings in shares of Chevron by 52.3% in the second quarter. IMG Wealth Management Inc. now owns 265 shares of the oil and gas company’s stock valued at $38,000 after buying an additional 91 shares during the period. 72.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Mizuho boosted their price objective on shares of Chevron from $204.00 to $206.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Freedom Capital cut Chevron from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Citigroup decreased their price objective on Chevron from $185.00 to $179.00 and set a “buy” rating for the company in a report on Monday, January 5th. 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. Finally, Piper Sandler decreased their price target on shares of Chevron from $178.00 to $174.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $170.00.

Chevron Price Performance

Shares of CVX opened at $176.75 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’s fifty day simple moving average is $156.40 and its 200 day simple moving average is $155.45. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $177.30. The company has a market cap of $355.90 billion, a price-to-earnings ratio of 24.86, a PEG ratio of 11.92 and a beta of 0.70.

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

Chevron Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be given a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a yield of 4.0%. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend is Tuesday, February 17th. Chevron’s dividend payout ratio (DPR) is presently 96.20%.

Insiders Place Their Bets

In related news, Director John B. Hess sold 275,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the director directly owned 1,128,045 shares of the company’s stock, valued at approximately $170,052,783.75. The trade was a 19.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Eimear P. Bonner sold 7,534 shares of the firm’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $170.00, for a total value of $1,280,780.00. Following the sale, the chief financial officer directly owned 4,366 shares of the company’s stock, valued at $742,220. This represents a 63.31% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 645,924 shares of company stock valued at $102,079,188. Corporate insiders own 0.21% of the company’s stock.

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 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.