Chevron Corporation $CVX Shares Acquired by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC increased its position in shares of Chevron Corporation (NYSE:CVX) by 41.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 137,108 shares of the oil and gas company’s stock after purchasing an additional 39,990 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Chevron were worth $21,292,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mraz Amerine & Associates Inc. grew its stake in shares of Chevron by 1.0% in the 2nd quarter. Mraz Amerine & Associates Inc. now owns 9,053 shares of the oil and gas company’s stock worth $1,296,000 after purchasing an additional 90 shares during the last quarter. Drake & Associates LLC boosted its holdings in Chevron by 15.6% during the second quarter. Drake & Associates LLC now owns 3,876 shares of the oil and gas company’s stock worth $555,000 after buying an additional 524 shares in the last quarter. SteelPeak Wealth LLC boosted its holdings in Chevron by 3.8% during the second quarter. SteelPeak Wealth LLC now owns 143,748 shares of the oil and gas company’s stock worth $20,583,000 after buying an additional 5,277 shares in the last quarter. Seamount Financial Group Inc. grew its position in Chevron by 95.6% in the second quarter. Seamount Financial Group Inc. now owns 12,981 shares of the oil and gas company’s stock worth $1,859,000 after buying an additional 6,345 shares during the last quarter. Finally, MADDEN SECURITIES Corp increased its holdings in shares of Chevron by 0.7% in the second quarter. MADDEN SECURITIES Corp now owns 33,802 shares of the oil and gas company’s stock valued at $4,840,000 after buying an additional 226 shares in the last quarter. 72.42% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on CVX. HSBC lowered Chevron from a “buy” rating to a “hold” rating and set a $180.00 price objective for the company. in a research note on Monday. Sanford C. Bernstein upped their target price on Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a report on Monday, January 5th. Hsbc Global Res lowered Chevron from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Wells Fargo & Company boosted their price objective on Chevron from $196.00 to $204.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chevron in a research note on Wednesday, January 21st. Twelve investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $175.00.

Insiders Place Their Bets

In related news, CFO Eimear P. Bonner sold 32,100 shares of the stock in a transaction on Friday, January 30th. The stock was sold at an average price of $175.01, for a total transaction of $5,617,821.00. Following the completion of the sale, the chief financial officer directly owned 4,366 shares in the company, valued at approximately $764,093.66. This trade represents a 88.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael K. Wirth sold 320,700 shares of Chevron stock in a transaction on Monday, January 5th. The shares were sold at an average price of $162.99, for a total value of $52,270,893.00. Following the sale, the chief executive officer directly owned 14,450 shares of the company’s stock, valued at approximately $2,355,205.50. The trade was a 95.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 764,958 shares of company stock valued at $122,930,032 in the last three months. Company insiders own 0.20% of the company’s stock.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Goldman Sachs reasserted a bullish view, keeping a Buy stance and highlighting structural growth, cash-generation and capital returns that support upside despite near-term execution and commodity risks. Goldman Sachs Buy Rating
• Positive Sentiment: Wells Fargo raised its price target to $204 and kept an Overweight rating, reinforcing upside expectations that can drive additional buying. Wells Fargo Price Target Raise
• Positive Sentiment: Dividend strength and payout growth remain central to the bull case — analysts and outlets are highlighting Chevron’s sustained dividend increases and yield as a defensive income play that supports investor demand. Dividend Hike Coverage
• Positive Sentiment: Industry write-ups point to robust fundamentals, operational efficiency gains and the Hess acquisition (adding production in Guyana) as drivers for a higher long-term valuation. These narratives support higher target prices from buy-side analysts. Seeking Alpha Bullish Take
• Neutral Sentiment: Q4 results were mixed — EPS beat consensus ($1.52 vs $1.44) but revenue missed and net income was down y/y, a combination that tempers enthusiasm while still supporting cash-flow narratives. Q4 Presentation
• Neutral Sentiment: TD Cowen and other boutiques have maintained Hold ratings or modest target adjustments (reflecting limited near-term upside), which dampens but doesn’t overturn the bullish momentum. TD Cowen Note
• Negative Sentiment: Oil prices slid after U.S.-Iran tensions eased, removing a supply-risk premium and pressuring integrated oil margins and near-term revenue expectations — a headwind for Chevron and the sector. Oil Price Slide
• Negative Sentiment: HSBC and other shops have trimmed views or moved to Hold, arguing some of Chevron’s strength may already be priced in — such notes can cap rallies. HSBC Cut
• Negative Sentiment: Insider selling disclosed (CFO stock sale of ~$1.28M) may concern some investors, adding short-term pressure or sentiment noise. Insider Sale Report

Chevron Trading Up 2.3%

NYSE:CVX opened at $178.11 on Wednesday. The stock has a market cap of $358.63 billion, a PE ratio of 26.74, a price-to-earnings-growth ratio of 12.12 and a beta of 0.70. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $178.82. 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 stock’s 50-day moving average is $157.48 and its two-hundred day moving average is $155.85.

Chevron (NYSE:CVX) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.44 by $0.08. Chevron had a net margin of 6.51% and a return on equity of 8.23%. The business had revenue of $45.79 billion during the quarter, compared to analysts’ expectations of $48.18 billion. During the same period last year, the company posted $2.06 earnings per share. The firm’s quarterly revenue was down 10.2% compared to the same quarter last year. As a group, equities research analysts forecast that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be issued a dividend of $1.78 per share. The ex-dividend date is Tuesday, February 17th. This represents a $7.12 annualized dividend and a dividend yield of 4.0%. This is an increase from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio is presently 102.70%.

Chevron Company 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.