HORAN Wealth LLC Purchases 4,616 Shares of Chevron Corporation $CVX

HORAN Wealth LLC increased its position in shares of Chevron Corporation (NYSE:CVX) by 104.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,023 shares of the oil and gas company’s stock after buying an additional 4,616 shares during the quarter. HORAN Wealth LLC’s holdings in Chevron were worth $1,401,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Venturi Wealth Management LLC boosted its holdings in Chevron by 2.7% during the second quarter. Venturi Wealth Management LLC now owns 38,489 shares of the oil and gas company’s stock worth $5,511,000 after purchasing an additional 1,005 shares during the last quarter. Sax Wealth Advisors LLC increased its stake in Chevron by 9.1% in the 2nd quarter. Sax Wealth Advisors LLC now owns 9,940 shares of the oil and gas company’s stock valued at $1,423,000 after buying an additional 832 shares during the last quarter. REAP Financial Group LLC lifted its position in Chevron by 110.1% during the 2nd quarter. REAP Financial Group LLC now owns 704 shares of the oil and gas company’s stock worth $101,000 after buying an additional 369 shares in the last quarter. Spectrum Asset Management Inc. NB CA lifted its position in Chevron by 7.4% during the 2nd quarter. Spectrum Asset Management Inc. NB CA now owns 35,244 shares of the oil and gas company’s stock worth $5,047,000 after buying an additional 2,422 shares in the last quarter. Finally, Lakeshore Capital Group Inc. boosted its stake in shares of Chevron by 18.5% during the 2nd quarter. Lakeshore Capital Group Inc. now owns 5,140 shares of the oil and gas company’s stock worth $736,000 after buying an additional 803 shares during the last quarter. Institutional investors own 72.42% of the company’s stock.

Chevron Stock Up 1.8%

CVX opened at $181.28 on Thursday. The stock’s fifty day simple moving average is $158.11 and its 200 day simple moving average is $156.02. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $182.59. The stock has a market cap of $365.01 billion, a PE ratio of 27.22, a price-to-earnings-growth ratio of 12.50 and a beta of 0.70. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19.

Chevron (NYSE:CVX) last released its quarterly earnings data 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 firm had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 8.23%. The company’s quarterly revenue was down 10.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.06 earnings per share. As a group, research analysts expect that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be issued a $1.78 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $7.12 annualized dividend and a yield of 3.9%. This is an increase from Chevron’s previous quarterly dividend of $1.71. Chevron’s payout ratio is currently 102.70%.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Wall Street bullishness: Goldman Sachs and other buy-side analysts reiterated bullish views or raised targets, and boutiques including TD Cowen and Wells Fargo published favorable forecasts/price-target increases that support buying interest. Read More.
• Positive Sentiment: Dividend increase: Chevron raised its quarterly payout to $1.78 (annualized $7.12, ~4% yield), reinforcing the income thesis that draws dividend-focused investors and supports the stock’s re-rating. Read More.
• Positive Sentiment: Project commitments: Chevron reconfirmed commitment to the Yoyo–Yolanda gas project (Cameroon/Equatorial Guinea), a production/growth catalyst for gas exposure and long‑term cash flow. Read More.
• Neutral Sentiment: Quarterly results mixed: Q4 beat EPS expectations ($1.52 vs. $1.44) but revenue missed and year-over-year profit fell — supports cash-flow narrative but tempers near-term growth hopes. Read More.
• Neutral Sentiment: Syria offshore MOU: Chevron signed a memorandum of understanding to evaluate offshore exploration in Syrian waters with a Qatari partner — a potential long-term resource opportunity but with geopolitical and sanction risks that make near-term impacts uncertain. Read More.
• Negative Sentiment: Insider selling: Several senior insiders (including the CFO) disclosed large share sales in late January, which may create short-term sentiment/headline pressure despite routine explanations (taxes, diversification). Read More.
• Negative Sentiment: Macro/headwinds: Oil prices eased as geopolitical risk softened, which can cap near-term revenue and margin expectations for integrated majors like Chevron. Read More.
• Negative Sentiment: Cautious notes: A few firms (HSBC and others) trimmed views or moved to Hold, arguing recent gains may have priced in much of the upside — these calls can limit further rallies. Read More.

Insider Activity

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 completion of the sale, the chief executive officer owned 14,450 shares in the company, valued at $2,355,205.50. The trade was a 95.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Eimear P. Bonner sold 32,100 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $175.01, for a total value of $5,617,821.00. Following the completion of the transaction, the chief financial officer directly owned 4,366 shares in the company, valued at $764,093.66. The trade was a 88.03% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 764,958 shares of company stock valued at $122,930,032. Company insiders own 0.21% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Hsbc Global Res lowered Chevron from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Argus set a $203.00 price target on Chevron in a research report on Tuesday. HSBC cut Chevron from a “buy” rating to a “hold” rating and set a $180.00 price objective on the stock. in a research note on Monday. UBS Group reissued a “buy” rating and issued a $212.00 target price on shares of Chevron in a research note on Monday. Finally, Wall Street Zen raised shares of Chevron from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Twelve equities research 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. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $175.00.

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.