Chevron Corporation $CVX Shares Bought by Premier Path Wealth Partners LLC

Premier Path Wealth Partners LLC raised its holdings in shares of Chevron Corporation (NYSE:CVX) by 22.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,414 shares of the oil and gas company’s stock after purchasing an additional 2,854 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Chevron were worth $2,394,000 at the end of the most recent quarter.

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

Chevron Stock Performance

Shares of CVX opened at $178.11 on Wednesday. The firm has a market cap of $358.63 billion, a price-to-earnings ratio of 26.74, a price-to-earnings-growth ratio of 12.12 and a beta of 0.70. The company’s fifty day moving average is $157.48 and its 200-day moving average is $155.85. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19. Chevron Corporation has a 12 month low of $132.04 and a 12 month high of $178.82.

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

Chevron Increases Dividend

The company also recently disclosed 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. This represents a $7.12 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Tuesday, February 17th. This is a boost from Chevron’s previous quarterly dividend of $1.71. Chevron’s payout ratio is 102.70%.

Chevron News Summary

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

Insider Buying and Selling at Chevron

In related news, insider R. Hewitt Pate sold 41,134 shares of the business’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $176.40, for a total value of $7,256,037.60. Following the sale, the insider owned 4,169 shares of the company’s stock, valued at $735,411.60. The trade was a 90.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Michael K. Wirth sold 320,700 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 14,450 shares in the company, 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 quarter. 0.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Hsbc Global Res cut Chevron from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Scotiabank reaffirmed a “sector perform” rating and set a $168.00 target price on shares of Chevron in a research note on Friday, January 16th. Sanford C. Bernstein boosted their price target on shares of Chevron from $170.00 to $172.00 and gave the stock a “market perform” rating in a research report on Monday, January 5th. Wall Street Zen raised shares of Chevron from a “sell” rating to a “hold” rating in a report on Saturday. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of Chevron in a research note on Monday. Twelve research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Chevron presently has an average rating of “Hold” and an average target price of $175.00.

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.