Chevron Corporation $CVX Shares Sold by Clg LLC

Clg LLC lowered its position in Chevron Corporation (NYSE:CVX) by 9.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 147,634 shares of the oil and gas company’s stock after selling 14,904 shares during the period. Chevron accounts for approximately 5.6% of Clg LLC’s portfolio, making the stock its 3rd biggest holding. Clg LLC’s holdings in Chevron were worth $22,501,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. J. Safra Sarasin Holding AG raised its holdings in Chevron by 33.0% in the 4th quarter. J. Safra Sarasin Holding AG now owns 8,745 shares of the oil and gas company’s stock valued at $1,333,000 after acquiring an additional 2,169 shares during the last quarter. Barlow Wealth Partners LLC lifted its stake in Chevron by 1.1% in the 4th quarter. Barlow Wealth Partners LLC now owns 5,363 shares of the oil and gas company’s stock worth $869,000 after purchasing an additional 60 shares in the last quarter. Trust Co. of Oklahoma lifted its stake in Chevron by 4.4% in the 4th quarter. Trust Co. of Oklahoma now owns 13,869 shares of the oil and gas company’s stock worth $2,114,000 after purchasing an additional 583 shares in the last quarter. Centennial Wealth Advisory LLC boosted its holdings in shares of Chevron by 2.9% during the 4th quarter. Centennial Wealth Advisory LLC now owns 7,344 shares of the oil and gas company’s stock worth $1,120,000 after purchasing an additional 208 shares during the last quarter. Finally, ORG Partners LLC grew its position in shares of Chevron by 22.5% in the fourth quarter. ORG Partners LLC now owns 16,522 shares of the oil and gas company’s stock valued at $2,519,000 after purchasing an additional 3,038 shares in the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Insider Activity at Chevron

In other news, CFO Eimear P. Bonner sold 32,100 shares of the company’s 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 transaction, the chief financial officer directly owned 4,366 shares in the company, valued at approximately $764,093.66. This represents a 88.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Vice Chairman Mark A. Nelson sold 139,600 shares of the stock in a transaction that occurred 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 transaction, the insider directly owned 11,337 shares of the company’s stock, valued at $2,130,449.04. The trade was a 92.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,099,397 shares of company stock worth $196,196,468. 0.20% of the stock is owned by corporate insiders.

Chevron Trading Down 0.2%

Shares of Chevron stock opened at $210.67 on Tuesday. The stock has a 50 day moving average of $186.41 and a 200 day moving average of $165.63. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 1.15. The firm has a market capitalization of $420.37 billion, a price-to-earnings ratio of 31.63, a PEG ratio of 1.76 and a beta of 0.67. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $214.71.

Chevron (NYSE:CVX) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. Chevron had a return on equity of 7.89% 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 previous year, the business earned $2.06 earnings per share. The company’s revenue for the quarter was down 10.2% on a year-over-year basis. As a group, research analysts predict that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were given a $1.78 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. 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 3.4%. Chevron’s dividend payout ratio is currently 106.91%.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analysts raised targets and upgraded the stock, supporting upside expectations and helping sentiment. Chevron (NYSE:CVX) Price Target Raised to $212.00
• Positive Sentiment: A cluster of California offshore platforms has restarted sales, sending crude to Chevron’s Los Angeles-area refinery — a near-term supply win for refining margins and throughput. Sable Restarts California Oil Sales, Sends Crude to Chevron
• Positive Sentiment: Multiple articles highlight upward earnings-estimate revisions and momentum characteristics for CVX, which can attract momentum-focused flows and support the stock if revisions continue. What Makes Chevron (CVX) a Strong Momentum Stock: Buy Now?
• Neutral Sentiment: Coverage summarizing Wall Street analyst views concludes many see CVX as a solid investment — useful for conviction but not an immediate catalyst absent rating moves or new guidance. Wall Street Analysts Think Chevron (CVX) Is a Good Investment: Is It?
• Neutral Sentiment: Valuation comparisons (e.g., Sasol vs. Chevron) provide context for value investors but don’t create immediate price pressure. SSL vs. CVX: Which Stock Is the Better Value Option?
• Neutral Sentiment: Broader energy-sector strength is a tailwind for majors like Chevron, but sector moves can be offset by company-specific news. Sector Update: Energy Stocks Rise Pre-Bell Monday
• Negative Sentiment: Storm damage at Chevron’s Wheatstone LNG plant in Australia will keep the facility offline for “a number of weeks,” tightening global LNG supply and raising near-term revenue/contract risk for CVX. Chevron says repairs to Wheatstone gas facility to take weeks
• Negative Sentiment: Cyclone-related outages across Australian LNG assets plus talk of a windfall-profits tax add regulatory and fiscal uncertainty that could curb margins or force higher charges on LNG proceeds. Cyclone Outages And Tax Threat Test Chevron’s Australian LNG Story
• Negative Sentiment: Geopolitical uncertainty tied to Iran prompted a public warning from Chevron’s CEO; such uncertainty can increase market volatility and cloud forward oil/demand assumptions. Chevron CEO sounds alarm as Trump puts a 10-day clock on Iran

Analysts Set New Price Targets

Several research firms recently commented on CVX. Wall Street Zen raised Chevron from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Sanford C. Bernstein upped their target price on Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a report on Monday, January 5th. Wells Fargo & Company raised their target price on Chevron from $196.00 to $204.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. Jefferies Financial Group boosted their price target on shares of Chevron from $174.00 to $189.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. raised shares of Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price objective for the company in a report on Tuesday, January 20th. Fourteen analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $186.50.

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.