Chevron Corporation $CVX Shares Sold by Crewe Advisors LLC

Crewe Advisors LLC cut its holdings in shares of Chevron Corporation (NYSE:CVX) by 4.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 114,341 shares of the oil and gas company’s stock after selling 5,277 shares during the period. Chevron comprises approximately 1.5% of Crewe Advisors LLC’s investment portfolio, making the stock its 19th biggest holding. Crewe Advisors LLC’s holdings in Chevron were worth $17,427,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Decker Retirement Planning Inc. acquired a new position in shares of Chevron in the 3rd quarter valued at about $34,000. Marquette Asset Management LLC acquired a new stake in Chevron during the third quarter worth about $41,000. Barnes Dennig Private Wealth Management LLC raised its position in Chevron by 306.1% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 268 shares of the oil and gas company’s stock valued at $42,000 after acquiring an additional 202 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in Chevron during the third quarter valued at approximately $49,000. Finally, Evolution Wealth Management Inc. acquired a new position in Chevron in the second quarter valued at approximately $49,000. 72.42% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, insider R. Hewitt Pate sold 40,200 shares of the firm’s stock in a transaction that occurred on Monday, March 30th. The stock was sold at an average price of $213.30, for a total value of $8,574,660.00. Following the transaction, the insider owned 8,638 shares in the company, valued at $1,842,485.40. This trade represents a 82.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Vice Chairman Mark A. Nelson sold 139,600 shares of Chevron stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $187.92, for a total value of $26,233,632.00. Following the completion of the sale, the insider directly owned 11,337 shares in the company, 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 a total of 1,139,597 shares of company stock worth $204,771,128 in the last quarter. 0.21% of the stock is owned by insiders.

Analysts Set New Price Targets

CVX has been the topic of several recent research reports. HSBC upgraded Chevron from a “hold” rating to a “buy” rating and set a $215.00 price objective on the stock in a research report on Friday, March 20th. Piper Sandler boosted their target price on shares of Chevron from $179.00 to $242.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. Citigroup increased their price target on shares of Chevron from $210.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday. TD Cowen lifted their price objective on shares of Chevron from $160.00 to $168.00 and gave the company a “hold” rating in a report on Monday, February 2nd. Finally, Mizuho upped their price objective on shares of Chevron from $206.00 to $217.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 17th. Fourteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $187.64.

Key Stories Impacting Chevron

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

Chevron Price Performance

Chevron stock opened at $198.77 on Friday. 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’s fifty day moving average price is $188.51 and its 200 day moving average price is $166.43. 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 Corporation has a 1 year low of $132.04 and a 1 year high of $214.71.

Chevron (NYSE:CVX) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share 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 company had revenue of $45.79 billion during the quarter, compared to analysts’ expectations of $48.18 billion. During the same period in the prior year, the business 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 anticipate that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

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

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.