Beaumont Financial Advisors LLC Has $3.54 Million Stock Holdings in Chevron Corporation $CVX

Beaumont Financial Advisors LLC trimmed its position in shares of Chevron Corporation (NYSE:CVX) by 32.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,231 shares of the oil and gas company’s stock after selling 11,133 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Chevron were worth $3,541,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Perigon Wealth Management LLC grew its position in shares of Chevron by 19.3% in the 3rd quarter. Perigon Wealth Management LLC now owns 73,448 shares of the oil and gas company’s stock valued at $11,406,000 after purchasing an additional 11,875 shares during the period. Dakota Wealth Management increased its stake in Chevron by 14.9% during the 4th quarter. Dakota Wealth Management now owns 83,265 shares of the oil and gas company’s stock worth $12,690,000 after purchasing an additional 10,822 shares in the last quarter. Brooklyn FI LLC acquired a new stake in Chevron during the 3rd quarter worth approximately $431,000. New York State Teachers Retirement System raised its holdings in Chevron by 15.3% during the 3rd quarter. New York State Teachers Retirement System now owns 1,620,231 shares of the oil and gas company’s stock worth $251,606,000 after buying an additional 215,345 shares during the period. Finally, Clear Trail Advisors LLC bought a new position in Chevron in the fourth quarter valued at approximately $10,167,000. Institutional investors and hedge funds own 72.42% of the company’s stock.

Insider Buying and Selling at Chevron

In other news, CFO Eimear P. Bonner sold 32,100 shares of the firm’s 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 in the company, valued at $764,093.66. This trade represents a 88.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider R. Hewitt Pate sold 58,000 shares of Chevron stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $188.65, for a total value of $10,941,700.00. Following the completion of the sale, the insider directly owned 8,558 shares in the company, valued at approximately $1,614,466.70. This represents a 87.14% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,139,597 shares of company stock valued at $204,771,128. Corporate insiders own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on CVX shares. HSBC upgraded shares of Chevron from a “hold” rating to a “buy” rating and set a $215.00 price target for the company in a report on Friday, March 20th. Barclays boosted their price objective on shares of Chevron from $172.00 to $180.00 and gave the company an “equal weight” rating in a research report on Monday, March 16th. Scotiabank raised shares of Chevron to a “hold” rating in a research note on Friday, March 27th. JPMorgan Chase & Co. upgraded Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 target price for the company in a report on Tuesday, January 20th. Finally, Sanford C. Bernstein lifted their price target on Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a research note on Monday, January 5th. Fourteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, Chevron has an average rating of “Hold” and a consensus price target of $187.64.

Chevron Price Performance

Shares of CVX opened at $198.77 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.21. Chevron Corporation has a twelve month low of $132.04 and a twelve month high of $214.71. The stock has a market capitalization of $396.63 billion, a P/E ratio of 29.85, a P/E/G ratio of 1.64 and a beta of 0.60. The company has a 50 day moving average of $188.51 and a 200-day moving average of $166.43.

Chevron (NYSE:CVX) last announced its quarterly earnings data 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. Chevron had a net margin of 6.51% and a return on equity of 7.89%. The business had revenue of $45.79 billion for the quarter, compared to analyst estimates of $48.18 billion. During the same quarter in the previous year, the firm posted $2.06 earnings per share. The firm’s revenue for the quarter was down 10.2% on a year-over-year basis. As a group, equities research analysts forecast that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were given a dividend of $1.78 per share. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $7.12 annualized dividend and a yield of 3.6%. Chevron’s payout ratio is presently 106.91%.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Crude spiked above $109 amid escalating Iran conflict and Strait of Hormuz concerns, boosting revenue expectations for integrated producers like Chevron. Oil Spikes Above $109…
• Positive Sentiment: Citigroup raised its price target on CVX to $235 and maintained a “buy” rating — a direct analyst catalyst that can drive demand. Benzinga
• Positive Sentiment: Chevron confirmed exclusive power-supply talks and project work tied to Microsoft/AI data-center demand, and is linked to a potential $7B Texas energy project — supports long-term cash flow diversification and higher-margin power supply contracts. Chevron-Microsoft Deal Powers $7B Texas AI Energy Project
• Positive Sentiment: Multiple analyst upgrades and bullish coverage (Zacks upgrade, Morgan Stanley price-target increases, bullish Motley Fool pieces) are lifting sentiment and supporting higher valuations. Chevron Upgraded to Buy (Zacks)
• Positive Sentiment: Chevron made a final investment decision on the Aseng gas project in Equatorial Guinea — a production-growth driver over coming years. Chevron Makes FID in Aseng Gas Project
• Neutral Sentiment: Chevron scheduled its 1Q 2026 earnings call for May 1 — an event that could create short-term volatility when results/ guidance are released. Earnings Call Advisory
• Neutral Sentiment: Operational tech push: Chevron is expanding robotics and drone inspections across oilfields to cut costs and improve safety — positive long-term efficiency but gradual in impact. Is Chevron’s Robotics Strategy the Future of Oilfields?
• Negative Sentiment: Wheatstone LNG remains offline after cyclone damage, tightening LNG supply and introducing near-term earnings and contract-delivery uncertainty for CVX. Wheatstone LNG Outage Tests Chevron
• Negative Sentiment: Insider R. Hewitt Pate disclosed a large sale of 40,200 shares (late March), which some investors may view as a near-term negative signal. SEC Form 4 — Insider Sale

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.