Ameritas Advisory Services LLC Sells 10,592 Shares of Chevron Corporation $CVX

Ameritas Advisory Services LLC lowered its position in Chevron Corporation (NYSE:CVX) by 34.7% in 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 19,968 shares of the oil and gas company’s stock after selling 10,592 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Chevron were worth $3,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in Chevron in the 2nd quarter worth $2,721,477,000. Bank of New York Mellon Corp boosted its position in Chevron by 27.9% during the third quarter. Bank of New York Mellon Corp now owns 19,627,146 shares of the oil and gas company’s stock valued at $3,047,900,000 after buying an additional 4,279,918 shares during the period. Laurel Wealth Advisors LLC grew its stake in shares of Chevron by 14,194.2% during the second quarter. Laurel Wealth Advisors LLC now owns 3,722,217 shares of the oil and gas company’s stock valued at $532,984,000 after buying an additional 3,696,177 shares during the last quarter. Berkshire Hathaway Inc increased its holdings in shares of Chevron by 2.9% in the second quarter. Berkshire Hathaway Inc now owns 122,064,792 shares of the oil and gas company’s stock worth $17,478,458,000 after buying an additional 3,454,258 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of Chevron by 32.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 9,125,735 shares of the oil and gas company’s stock worth $1,417,135,000 after buying an additional 2,218,283 shares during the period. 72.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on CVX. TD Cowen raised their price target on Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Sanford C. Bernstein increased their price objective on Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a research note on Monday, January 5th. Mizuho raised their target price on shares of Chevron from $204.00 to $206.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Scotiabank reaffirmed a “sector perform” rating and issued a $168.00 target price on shares of Chevron in a research note on Friday, January 16th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Chevron in a research report on Wednesday, January 21st. Twelve analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Chevron presently has an average rating of “Hold” and an average price target of $175.00.

Insider Activity

In other news, CFO Eimear P. Bonner sold 32,100 shares of Chevron stock in a transaction dated Friday, January 30th. The stock was 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 owned 4,366 shares of the company’s stock, valued at $764,093.66. The trade was a 88.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction, the chief executive officer 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. Over the last three months, insiders sold 793,163 shares of company stock valued at $127,920,502. 0.21% of the stock is currently owned by insiders.

Chevron Price Performance

Shares of CVX opened at $182.46 on Friday. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $186.52. The firm’s 50-day simple moving average is $161.84 and its two-hundred day simple moving average is $157.23. The stock has a market cap of $367.38 billion, a PE ratio of 27.40, a price-to-earnings-growth ratio of 12.49 and a beta of 0.70. 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 (NYSE:CVX) last issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The firm had revenue of $45.79 billion for the quarter, compared to analysts’ expectations of $48.18 billion. Chevron had a return on equity of 8.23% and a net margin of 6.51%.The business’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.06 EPS. Analysts anticipate that Chevron Corporation will post 10.79 earnings per share for the current fiscal 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 paid a $1.78 dividend. This is an increase from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, February 17th. Chevron’s payout ratio is currently 102.70%.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron has begun processing Venezuelan crude at a Gulf Coast refinery after recent political developments, marking the company’s first public acknowledgment of these operations — this boosts near‑term feedstock access and refining margins. Inside Chevron’s flagship refinery tapping into Venezuelan crude after Maduro’s capture
• Positive Sentiment: Reports say Venezuela plans to grant Chevron additional oil‑production blocks, which could expand upstream volumes and long‑term reserves exposure if contracts are finalized. Venezuela to grant more oil drilling blocks to Chevron, Repsol
• Positive Sentiment: Chevron won blocks in Libya’s Sirte Basin — a material upstream win that supports future production optionality and helped push the stock to 52‑week highs earlier this week. Chevron to enter Libya after awarded prized Sirte Basin block
• Positive Sentiment: Operational strength in the Permian (1M boe/d) and AI-driven efficiencies are cited as drivers of improved cash flow and margin expansion — a structural tailwind for free cash flow and buybacks/dividends. Chevron’s Permian Scale Drives Cash Flow and Efficiency Edge
• Positive Sentiment: Chevron increased its quarterly dividend ~4.1%, reinforcing the income appeal for investors and supporting valuation expectations for yield‑sensitive holders. Chevron Dividend Increase By 4.09%
• Neutral Sentiment: Positive analyst and media coverage (Barron’s, Motley Fool pieces) highlight sector tailwinds and Chevron’s execution, but these are commentary rather than new catalysts. Energy Stocks Are Winning 2026. Why They Could Keep Going.
• Neutral Sentiment: Insider disclosure: CTO Thomas Ryder Booth sold 5 shares (nominal amount) — too small to indicate management trend. SEC Form 4 disclosure

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.