Chevron Corporation $CVX Shares Purchased by Alta Capital Management LLC

Alta Capital Management LLC boosted its holdings in shares of Chevron Corporation (NYSE:CVX) by 7.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,506 shares of the oil and gas company’s stock after acquiring an additional 3,190 shares during the period. Alta Capital Management LLC’s holdings in Chevron were worth $7,222,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Quaker Wealth Management LLC boosted its stake in Chevron by 197.7% during the second quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock worth $31,000 after buying an additional 439 shares during the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of Chevron during the 3rd quarter worth $34,000. Vermillion & White Wealth Management Group LLC boosted its position in shares of 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 valued at $37,000 after acquiring an additional 118 shares during the last quarter. Marquette Asset Management LLC purchased a new stake in shares of Chevron in the third quarter valued at about $41,000. Finally, IMG Wealth Management Inc. grew 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 purchasing an additional 91 shares during the period. Institutional investors and hedge funds own 72.42% of the company’s stock.

Key Stories Impacting Chevron

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 Price Performance

CVX stock opened at $178.11 on Wednesday. The business’s fifty day moving average price is $157.48 and its 200 day moving average price is $155.85. Chevron Corporation has a 12-month low of $132.04 and a 12-month high of $178.82. 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 capitalization of $358.63 billion, a PE ratio of 26.74, a P/E/G ratio of 12.12 and a beta of 0.70.

Chevron (NYSE:CVX) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 8.23% and a net margin of 6.51%.Chevron’s revenue was down 10.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.06 EPS. On average, sell-side analysts anticipate that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. UBS Group reiterated a “buy” rating and issued a $212.00 target price on shares of Chevron in a report on Monday. Morgan Stanley lowered their price objective on Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Scotiabank reissued a “sector perform” rating and set a $168.00 target price on shares of Chevron in a research note on Friday, January 16th. Wall Street Zen raised Chevron from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Sanford C. Bernstein increased their price target on Chevron from $170.00 to $172.00 and gave the stock a “market perform” rating in a report on Monday, January 5th. Twelve investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $175.00.

Insider Activity at Chevron

In other Chevron news, insider Alana K. Knowles sold 3,200 shares of the firm’s stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $170.00, for a total value of $544,000.00. Following the completion of the transaction, the insider owned 1,207 shares of the company’s stock, valued at $205,190. This trade represents a 72.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Vice Chairman Mark A. Nelson sold 45,800 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $174.17, for a total transaction of $7,976,986.00. Following the completion of the transaction, the insider owned 7,161 shares of the company’s stock, valued at approximately $1,247,231.37. This trade represents a 86.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 764,958 shares of company stock worth $122,930,032 over the last 90 days. 0.20% of the stock is currently owned by corporate insiders.

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.