Chatterton & Associates Inc. Takes $514,000 Position in Chevron Corporation $CVX

Chatterton & Associates Inc. bought a new position in Chevron Corporation (NYSE:CVX) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,370 shares of the oil and gas company’s stock, valued at approximately $514,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Savvy Advisors Inc. boosted its stake in Chevron by 37.3% in the 4th quarter. Savvy Advisors Inc. now owns 42,302 shares of the oil and gas company’s stock valued at $6,447,000 after buying an additional 11,497 shares in the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO raised its stake in Chevron by 17.3% during the fourth quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 36,625 shares of the oil and gas company’s stock worth $5,582,000 after acquiring an additional 5,403 shares in the last quarter. Arta Finance Wealth Management LLC acquired a new position in Chevron during the fourth quarter worth $356,000. Whalen Wealth Management Inc. bought a new position in shares of Chevron during the fourth quarter valued at $802,000. Finally, SS&H Financial Advisors Inc. lifted its holdings in shares of Chevron by 7.4% during the fourth quarter. SS&H Financial Advisors Inc. now owns 10,112 shares of the oil and gas company’s stock valued at $1,541,000 after acquiring an additional 700 shares during the period. Institutional investors own 72.42% of the company’s stock.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Oil price surge tied to Iran conflict and Strait of Hormuz concerns lifts revenue outlook for integrated producers like Chevron. Oil Spikes Above $109…
• Positive Sentiment: Citigroup raised its CVX price target to $235 and kept a “buy” rating — an analyst catalyst that can attract buying interest. Benzinga
• Positive Sentiment: Chevron confirmed exclusive talks with Microsoft and Engine No. 1 for a potential $7B, 2,500 MW West Texas gas‑to‑power project to supply AI data centers — ties Chevron’s gas business to long-term cloud/AI demand and higher‑margin power contracts. Chevron Taps AI Power Demand
• Positive Sentiment: Chevron made a final investment decision on the Aseng gas project in Equatorial Guinea, adding medium‑term production growth potential. Aseng FID
• Positive Sentiment: Multiple analyst upgrades and price‑target increases (Morgan Stanley, Mizuho, Zacks coverage and bullish commentary) are improving sentiment and valuation support. Analyst Upgrades
• Neutral Sentiment: Chevron scheduled its 1Q 2026 earnings call for May 1 — a point of potential short‑term volatility when results and guidance are released. Earnings Call Advisory
• Neutral Sentiment: Operational improvements — Chevron is expanding robotics and drone inspections to cut costs and improve safety; positive long‑term but gradual in near‑term impact. Robotics Strategy
• Negative Sentiment: Analysis arguing oil stocks may be “tapped out” despite recent crude strength suggests multiples could be constrained if market rotation resumes, limiting upside. Barron’s — Oil Stocks Tapped Out
• Negative Sentiment: Wheatstone LNG remains offline after cyclone damage, creating near‑term LNG supply and delivery uncertainty that could pressure related earnings. Wheatstone LNG Outage
• Negative Sentiment: Insider R. Hewitt Pate sold 40,200 shares (late March); while common in large firms, large insider sales can be perceived negatively by investors. SEC Form 4 — Insider Sale

Analysts Set New Price Targets

CVX has been the topic of several analyst reports. JPMorgan Chase & Co. raised shares of Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 target price on the stock in a report on Tuesday, January 20th. UBS Group reissued a “buy” rating and set a $212.00 price target on shares of Chevron in a report on Monday, February 2nd. Zacks Research upgraded shares of Chevron from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. BMO Capital Markets reaffirmed an “outperform” rating and set a $190.00 price objective on shares of Chevron in a research note on Monday, February 2nd. Finally, Mizuho raised their price objective on shares of Chevron from $206.00 to $217.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. Fourteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Chevron has a consensus rating of “Hold” and an average target price of $187.64.

Insiders Place Their Bets

In related news, Vice Chairman Mark A. Nelson sold 139,600 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $187.92, for a total value of $26,233,632.00. Following the completion of the transaction, the insider owned 11,337 shares in the company, valued at $2,130,449.04. The trade was a 92.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Alana K. Knowles sold 2,408 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $183.28, for a total value of $441,338.24. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,139,597 shares of company stock valued at $204,771,128 over the last quarter. Company insiders own 0.21% of the company’s stock.

Chevron Stock Performance

Chevron stock opened at $198.77 on Friday. The stock has a 50-day simple moving average of $189.15 and a 200 day simple moving average of $166.77. 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 12-month low of $132.04 and a 12-month high of $214.71. The stock has a market capitalization of $396.63 billion, a price-to-earnings ratio of 29.85, a P/E/G ratio of 1.66 and a beta of 0.60.

Chevron (NYSE:CVX) last issued 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. The firm had revenue of $45.79 billion for the quarter, compared to analyst estimates of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 7.89%. The company’s revenue was down 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.06 EPS. On average, 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. Stockholders of record on Tuesday, February 17th were paid a dividend of $1.78 per share. This represents a $7.12 annualized dividend and a dividend yield of 3.6%. This is an increase from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend was Tuesday, February 17th. Chevron’s payout ratio is currently 106.91%.

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.