Twin Capital Management Inc. Has $4.18 Million Position in Chevron Corporation $CVX

Twin Capital Management Inc. lessened its holdings in Chevron Corporation (NYSE:CVX) by 26.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,938 shares of the oil and gas company’s stock after selling 9,642 shares during the quarter. Twin Capital Management Inc.’s holdings in Chevron were worth $4,183,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CVX. Perigon Wealth Management LLC increased its holdings in shares of Chevron by 19.3% during the third quarter. Perigon Wealth Management LLC now owns 73,448 shares of the oil and gas company’s stock worth $11,406,000 after buying an additional 11,875 shares in the last quarter. New York State Teachers Retirement System increased its holdings in Chevron by 15.3% during the 3rd quarter. New York State Teachers Retirement System now owns 1,620,231 shares of the oil and gas company’s stock valued at $251,606,000 after purchasing an additional 215,345 shares in the last quarter. Pictet North America Advisors SA bought a new position in Chevron in the 3rd quarter valued at $5,662,000. New York State Common Retirement Fund boosted its stake in Chevron by 10.2% in the third quarter. New York State Common Retirement Fund now owns 1,894,470 shares of the oil and gas company’s stock worth $294,192,000 after purchasing an additional 175,439 shares in the last quarter. Finally, Mutual Advisors LLC grew its holdings in shares of Chevron by 7.3% during the second quarter. Mutual Advisors LLC now owns 88,759 shares of the oil and gas company’s stock worth $13,743,000 after purchasing an additional 6,058 shares during the last quarter. 72.42% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CFO Eimear P. Bonner sold 32,100 shares of the 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 sale, the chief financial officer directly owned 4,366 shares in the company, valued at $764,093.66. This trade represents a 88.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Andrew Benjamin Walz sold 22,200 shares of Chevron stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $176.53, for a total transaction of $3,918,966.00. Following the transaction, the insider directly owned 666 shares in the company, valued at $117,568.98. The trade was a 97.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 793,158 shares of company stock worth $127,919,578 over the last quarter. Insiders own 0.21% of the company’s stock.

Chevron Price Performance

Shares of CVX stock opened at $181.06 on Friday. The firm’s 50 day moving average price is $159.30 and its two-hundred day moving average price is $156.40. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 1.15. Chevron Corporation has a 52-week low of $132.04 and a 52-week high of $182.59. The stock has a market cap of $364.57 billion, a PE ratio of 27.19, a PEG ratio of 12.01 and a beta of 0.70.

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

Chevron Increases Dividend

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

Analyst Upgrades and Downgrades

CVX has been the subject of a number of research analyst reports. Argus set a $203.00 price target on Chevron in a report on Tuesday. Wells Fargo & Company boosted their target price on shares of Chevron from $196.00 to $204.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. Freedom Capital cut shares of Chevron from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. TD Cowen boosted their price objective on shares of Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Finally, Citigroup decreased their price objective on Chevron from $185.00 to $179.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Twelve equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Chevron currently has a consensus rating of “Hold” and an average price target of $175.00.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analyst upgrades and target‑price lifts have driven fresh buying and helped push CVX to new 12‑month highs, supporting momentum. How Recent Analyst Shifts Are Rewriting The Story For Chevron (CVX)
• Positive Sentiment: Company raised the quarterly dividend to $1.78 (ex‑dividend Feb. 17) — a yield near 4% — which attracts income investors and supports the equity multiple. MarketBeat CVX Profile
• Positive Sentiment: Chevron is pursuing production expansion in OPEC‑linked countries and signed an initial offshore MOU involving Syrian waters — potential long‑term reserves upside if geopolitics/sanctions allow. These strategic moves underpin growth expectations. Trump Is Remaking the Global Oil Market, and Exxon and Chevron Want In
• Positive Sentiment: Q4: EPS topped estimates and management reiterated ~10% cash‑flow and production CAGR targets for 2026, which supports forward free cash‑flow expectations and buyback/dividend capacity. Chevron Earnings
• Neutral Sentiment: Leadership reshuffle (internal promotions/retirements) announced for strategy/trading/business development — succession appears organized but is unlikely to change fundamentals immediately. Chevron names new heads of strategy, trading, business development
• Neutral Sentiment: After January’s strong run, valuation checks and analyst commentary note CVX may be partially priced for optimism — investors are debating whether further upside is justified absent stronger top‑line recovery. Chevron (CVX) Valuation Check After Recent Share Price Momentum
• Negative Sentiment: Significant insider selling: filings show multi‑million dollar sales by the CFO, vice chairman, CTO and other senior execs over Feb. 3–5. Heavy insider exits are being read as profit‑taking and can sap sentiment short‑term. Insider Selling: Chevron CFO Sells
• Negative Sentiment: Q4 revenue missed estimates and was down year‑over‑year, underscoring near‑term demand/price pressure despite the EPS beat — investors may trim positions until revenue trends stabilize. Chevron Earnings

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.