Chevron Corporation $CVX Stock Holdings Trimmed by CWA Asset Management Group LLC

CWA Asset Management Group LLC lessened its position in shares of Chevron Corporation (NYSE:CVX) by 5.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,624 shares of the oil and gas company’s stock after selling 2,490 shares during the period. CWA Asset Management Group LLC’s holdings in Chevron were worth $6,039,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in CVX. Aventura Private Wealth LLC bought a new stake in shares of Chevron in the 4th quarter valued at approximately $324,000. Fragasso Financial Advisors Inc raised its position in shares of Chevron by 9.7% during the 4th quarter. Fragasso Financial Advisors Inc now owns 2,512 shares of the oil and gas company’s stock valued at $383,000 after acquiring an additional 222 shares in the last quarter. IAM Advisory LLC lifted its stake in Chevron by 7.5% during the fourth quarter. IAM Advisory LLC now owns 1,561 shares of the oil and gas company’s stock worth $238,000 after purchasing an additional 109 shares during the last quarter. Hilltop National Bank boosted its holdings in Chevron by 24.2% in the fourth quarter. Hilltop National Bank now owns 8,569 shares of the oil and gas company’s stock worth $1,306,000 after purchasing an additional 1,669 shares during the period. Finally, Lakeridge Wealth Management LLC increased its stake in Chevron by 2.8% during the fourth quarter. Lakeridge Wealth Management LLC now owns 3,876 shares of the oil and gas company’s stock valued at $591,000 after purchasing an additional 107 shares during the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Analyst Ratings Changes

CVX has been the topic of a number of research reports. UBS Group reissued a “buy” rating and set a $212.00 target price on shares of Chevron in a report on Monday, February 2nd. Bank of America lifted their price target on shares of Chevron from $188.00 to $206.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Sanford C. Bernstein boosted their price objective on shares of Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a research report on Monday, January 5th. Piper Sandler increased their price objective on shares of Chevron from $179.00 to $242.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Finally, Citigroup raised their target price on shares of Chevron from $179.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Fourteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $184.77.

Chevron Stock Performance

Shares of CVX stock opened at $201.73 on Friday. Chevron Corporation has a 12-month low of $132.04 and a 12-month high of $205.08. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.15 and a quick ratio of 0.86. The firm has a market capitalization of $402.53 billion, a price-to-earnings ratio of 30.29, a price-to-earnings-growth ratio of 1.87 and a beta of 0.67. The business has a 50 day simple moving average of $181.32 and a 200 day simple moving average of $163.41.

Chevron (NYSE:CVX) last announced 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. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The firm had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. During the same quarter in the previous year, the business earned $2.06 EPS. The firm’s revenue for the quarter was down 10.2% on a year-over-year basis. On average, equities research analysts anticipate that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were paid 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 dividend yield of 3.5%. The ex-dividend date was Tuesday, February 17th. Chevron’s dividend payout ratio (DPR) is presently 106.91%.

Insiders Place Their Bets

In related news, CEO Michael K. Wirth sold 272,624 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $189.35, for a total value of $51,621,354.40. Following the completion of the transaction, the chief executive officer owned 31,266 shares in the company, valued at $5,920,217.10. This represents a 89.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider R. Hewitt Pate sold 47,200 shares of the firm’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $192.12, for a total transaction of $9,068,064.00. Following the transaction, the insider directly owned 8,558 shares in the company, valued at approximately $1,644,162.96. The trade was a 84.65% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,099,397 shares of company stock valued at $196,196,468. Corporate insiders own 0.21% of the company’s stock.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron’s market capitalization topped $400 billion for the first time as the crude rally lifted energy peers and investor appetite for large integrated oil names. Chevron (CVX) Stock Breaks Into Elite $400B Club Amid Oil Price Rally
• Positive Sentiment: HSBC upgraded CVX from Hold to Buy and set a $215 target, signaling analyst conviction that the stock has further upside as oil stays elevated. HSBC upgrade to Buy
• Positive Sentiment: Major business press notes Chevron’s rise into the top-20 U.S. companies by market value, reinforcing momentum and institutional interest in the name. Chevron Jumps Into Top 20 Most Valuable U.S. Companies
• Positive Sentiment: Analyst/market commentaries and YTD performance write-ups highlight strong gains (CVX up materially this year) driven by geopolitical support for oil prices and Chevron’s growth projects—these narratives help attract momentum flows. Why the Market Dipped But Chevron (CVX) Gained Today
• Positive Sentiment: Mizuho and other broker notes (coverage upgrades / bullish price forecasts) and inclusion in “best energy stocks” pieces amplify buy-side interest and argue for continued upside if commodity strength persists. Mizuho Forecasts Strong Price Appreciation for Chevron (NYSE:CVX) Stock
• Neutral Sentiment: Comparative analyst pieces (e.g., Zacks on Chevron vs. Suncor) note Chevron’s diversification and Guyana growth but weigh that against peer cost actions—useful context but not an immediate catalyst. Chevron vs. Suncor: Which Energy Stock Wins at 52-Week Highs?
• Neutral Sentiment: Chevron Technology Ventures led a small strategic investment in robotics firm KEWAZO—positioning for operational efficiencies but not a near-term earnings driver. Chevron Technology Ventures Invests in KEWAZO

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.