Advisors Management Group Inc. ADV Has $5.70 Million Stock Position in Chevron Corporation $CVX

Advisors Management Group Inc. ADV lessened its holdings in shares of Chevron Corporation (NYSE:CVX) by 13.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,380 shares of the oil and gas company’s stock after selling 5,882 shares during the quarter. Chevron makes up 1.0% of Advisors Management Group Inc. ADV’s investment portfolio, making the stock its 27th largest holding. Advisors Management Group Inc. ADV’s holdings in Chevron were worth $5,697,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Smith Thornton Advisors LLC lifted its position in shares of Chevron by 3.8% in the fourth quarter. Smith Thornton Advisors LLC now owns 2,170 shares of the oil and gas company’s stock worth $331,000 after purchasing an additional 80 shares in the last quarter. Worth Asset Management LLC boosted its holdings in shares of Chevron by 12.3% during the fourth quarter. Worth Asset Management LLC now owns 1,597 shares of the oil and gas company’s stock worth $243,000 after purchasing an additional 175 shares during the period. Bell Bank increased its stake in Chevron by 2.2% in the 4th quarter. Bell Bank now owns 83,123 shares of the oil and gas company’s stock valued at $12,669,000 after buying an additional 1,823 shares during the period. Oak Asset Management LLC lifted its position in Chevron by 1.1% in the 4th quarter. Oak Asset Management LLC now owns 79,398 shares of the oil and gas company’s stock worth $12,101,000 after buying an additional 839 shares in the last quarter. Finally, Mirador Capital Partners LP boosted its stake in shares of Chevron by 0.8% during the 4th quarter. Mirador Capital Partners LP now owns 108,961 shares of the oil and gas company’s stock valued at $16,607,000 after buying an additional 853 shares during the period. Institutional investors and hedge funds own 72.42% of the company’s stock.

Insider Buying and Selling at Chevron

In other Chevron news, insider Andrew Benjamin Walz sold 11,600 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $188.58, for a total value of $2,187,528.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Vice Chairman Mark A. Nelson sold 139,600 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $187.92, for a total transaction of $26,233,632.00. Following the completion of the sale, the insider owned 11,337 shares of the company’s stock, valued at $2,130,449.04. This represents a 92.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,099,397 shares of company stock valued at $196,196,468 in the last quarter. Corporate insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

CVX has been the topic of a number of research reports. Citigroup upped their price target on shares of Chevron from $179.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Jefferies Financial Group upped their target price on Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Bank of America boosted their price target on Chevron from $188.00 to $206.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Argus set a $203.00 price objective on Chevron in a report on Tuesday, February 3rd. Finally, Mizuho lifted their price objective on shares of Chevron from $206.00 to $217.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. Fourteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, Chevron has an average rating of “Hold” and a consensus target price of $186.50.

Chevron Trading Up 1.7%

NYSE CVX opened at $211.31 on Friday. The firm’s 50 day moving average price is $185.52 and its two-hundred day moving average price is $165.21. The stock has a market cap of $421.64 billion, a price-to-earnings ratio of 31.73, a PEG ratio of 1.76 and a beta of 0.67. Chevron Corporation has a twelve month low of $132.04 and a twelve month high of $212.46. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 1.15.

Chevron (NYSE:CVX) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.44 by $0.08. The business had revenue of $45.79 billion during the quarter, compared to analysts’ expectations of $48.18 billion. Chevron had a return on equity of 7.89% and a net margin of 6.51%.Chevron’s revenue was down 10.2% compared to the same quarter last year. During the same quarter last year, the firm posted $2.06 earnings per share. Equities analysts anticipate that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th were paid a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.4%. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend was Tuesday, February 17th. Chevron’s dividend payout ratio (DPR) is currently 106.91%.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Australian cyclone knocked out production at major LNG hubs, tightening global gas supply and supporting higher energy prices, a tailwind for Chevron’s commodity-linked cash flow. Cyclone Causes Outages at Australia’s Top LNG Projects
• Positive Sentiment: Morgan Stanley raised its price target to $212 and set an “overweight” rating, signaling buy-side support and helping push CVX higher. Benzinga: Morgan Stanley price target
• Positive Sentiment: Bernstein also lifted its price target on Chevron amid a stronger crude backdrop, reinforcing the narrative that majors benefit from the current oil rally. MSN: Bernstein price target raise
• Positive Sentiment: Erste Group raised FY2026/FY2027 EPS forecasts for Chevron, reflecting better-than-expected earnings power as oil prices stay elevated. MarketBeat: Erste Group EPS revisions
• Positive Sentiment: Market positioning has shifted to defensive, dividend-paying sectors; several market roundups note oil majors including CVX outperforming amid geopolitical risk. Seeking Alpha: Market shifts to defense
• Positive Sentiment: Multiple outlets and analysts praise Chevron’s low breakeven, high-quality asset base and dividend profile, which supports momentum and income-focused buying. Zacks: Chevron momentum
• Neutral Sentiment: Chevron reported production outages at its Australian Gorgon and Wheatstone facilities tied to the cyclone — positive for global price signals but a near-term hit to CVX production, leaving the net impact mixed. Reuters: Chevron outage
• Neutral Sentiment: Consensus brokerage coverage remains around “hold” even as some firms raise targets — suggests upside is recognized but some caution persists. AmericanBankingNews: Consensus hold
• Negative Sentiment: Political/insider optics: a U.S. Representative who publicly backed military action sold Chevron stock at all-time highs, drawing negative headlines and governance/PR risk. Benzinga: Congressman sold Chevron stock
• Negative Sentiment: Analyst commentary raises macro risk scenarios (e.g., high oil in $130–$140 range) that could hurt economic growth and introduce volatility—even if commodity-linked cash flows initially rise. Seeking Alpha: $130-$140 oil risks

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.