Clear Creek Financial Management LLC Sells 3,848 Shares of Chevron Corporation $CVX

Clear Creek Financial Management LLC reduced its holdings in Chevron Corporation (NYSE:CVX) by 19.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,408 shares of the oil and gas company’s stock after selling 3,848 shares during the quarter. Clear Creek Financial Management LLC’s holdings in Chevron were worth $2,548,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Chevron by 17.9% during the third quarter. Vanguard Group Inc. now owns 183,790,028 shares of the oil and gas company’s stock worth $28,540,753,000 after purchasing an additional 27,961,463 shares during the last quarter. Berkshire Hathaway Inc raised 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 valued at $17,478,458,000 after buying an additional 3,454,258 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Chevron by 4.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 34,772,753 shares of the oil and gas company’s stock worth $4,979,255,000 after buying an additional 1,342,723 shares in the last quarter. Fisher Asset Management LLC grew its holdings in Chevron by 1.9% during the 2nd quarter. Fisher Asset Management LLC now owns 20,826,805 shares of the oil and gas company’s stock worth $2,982,190,000 after acquiring an additional 378,936 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Chevron by 27.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 19,627,146 shares of the oil and gas company’s stock worth $3,047,900,000 after acquiring an additional 4,279,918 shares during the last quarter. 72.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CVX. Sanford C. Bernstein upped their target price 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. Freedom Capital cut shares of Chevron from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. HSBC lowered Chevron from a “buy” rating to a “hold” rating and set a $180.00 price objective on the stock. in a research report on Monday, February 2nd. Piper Sandler lowered their target price on Chevron from $178.00 to $174.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Finally, Mizuho upped their price target on Chevron from $204.00 to $206.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Thirteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $176.36.

Chevron Stock Up 0.6%

NYSE:CVX opened at $184.89 on Friday. 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 $187.90. The stock’s fifty day simple moving average is $165.18 and its 200-day simple moving average is $158.25. The firm has a market capitalization of $372.27 billion, a P/E ratio of 27.76, a P/E/G ratio of 12.17 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 firm had revenue of $45.79 billion for the quarter, compared to analyst estimates of $48.18 billion. Chevron had a return on equity of 8.23% and a net margin of 6.51%.The company’s quarterly revenue was down 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.06 earnings per share. Equities research analysts expect that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be issued a dividend of $1.78 per share. 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 yield of 3.9%. The ex-dividend date is Tuesday, February 17th. Chevron’s dividend payout ratio is presently 106.91%.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron-led consortium won multiple offshore exploration blocks in Greece (Chevron is operator with ~70% interest), expanding long‑term upstream optionality and reserve exposure — a clear growth catalyst for the stock. Chevron-led consortium signs gas exploration deal in Greece
• Positive Sentiment: Chevron boosted its quarterly dividend (annualized ~$7.12; yield ~3.9%), reinforcing income appeal and supporting demand from yield‑focused investors. Dividend announcement
• Positive Sentiment: Independent coverage is bullish: several outlets highlight CVX as a defensive, dividend‑paying leader in a strong energy sector and some analysts (including a recent upgrade) have raised targets, which can attract long‑only flows. Chevron: Buy And Hold Like Berkshire Hathaway
• Neutral Sentiment: Quarterly results mixed: EPS beat estimates but revenue was below consensus and year‑over‑year revenue declined — this supports earnings quality but leaves questions on near‑term volume/price headwinds. Earnings recap
• Neutral Sentiment: Broader sector momentum and analyst write‑ups (valuation debates, dividend comparisons vs. Exxon) are increasing attention on CVX; that can boost volume and volatility without changing fundamentals. Chevron vs Exxon article
• Negative Sentiment: Turkey publicly opposed Greece‑Chevron activity off Crete, calling it unlawful — this creates a geopolitical/regulatory overhang on Mediterranean projects and could delay execution. Turkey says Greece-Chevron activity unlawful
• Negative Sentiment: Insider selling disclosures (company officers selling stock in recent filings) add a near‑term negative signal and may amplify selling pressure for short windows. Insider selling

Insider Transactions at Chevron

In other Chevron news, CTO Thomas Ryder Booth sold 1,122 shares of the stock in a transaction on Friday, February 13th. The shares were sold at an average price of $182.37, for a total value of $204,619.14. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Andrew Benjamin Walz sold 666 shares of Chevron stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $183.40, for a total transaction of $122,144.40. Following the transaction, the insider directly owned 1,463 shares in the company, valued at approximately $268,314.20. This represents a 31.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 531,027 shares of company stock valued at $88,833,430. Corporate insiders own 0.21% of the company’s stock.

About Chevron

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.