Ethos Capital Management Inc. Makes New Investment in Chevron Corporation $CVX

Ethos Capital Management Inc. bought a new position in Chevron Corporation (NYSE:CVX) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 8,983 shares of the oil and gas company’s stock, valued at approximately $1,369,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Decker Retirement Planning Inc. purchased a new position in shares of Chevron during the 3rd quarter worth $34,000. Marquette Asset Management LLC purchased a new position in shares of Chevron during the 3rd quarter worth $41,000. Barnes Dennig Private Wealth Management LLC grew its holdings in shares of Chevron by 306.1% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 268 shares of the oil and gas company’s stock worth $42,000 after purchasing an additional 202 shares during the period. Daytona Street Capital LLC purchased a new position in shares of Chevron during the 4th quarter worth $44,000. Finally, Turning Point Benefit Group Inc. purchased a new position in shares of Chevron during the 3rd quarter worth $49,000. 72.42% of the stock is owned by institutional investors and hedge funds.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Geopolitical supply shock: U.S. strikes and rising Iran/Hormuz tensions pushed Brent/WTI above $110, lifting integrated majors like Chevron because higher crude prices directly boost upstream earnings and cash flow. US Strikes Iran’s Kharg Island as Hormuz Deadline Nears; Oil Surges Above $110
• Positive Sentiment: Sector and analyst tailwind: MarketBeat’s XLE piece highlights accelerating energy earnings, analyst price‑target increases, and institutional accumulation; Chevron is a top XLE holding, so sector flows and higher forecasts are supporting CVX. XLE ETF Hits Peak: What Comes Next May Surprise You
• Positive Sentiment: Bullish research and momentum rankings: Zacks published bullish takes on CVX (calls it a top long‑term stock and added it to Strong Buy/momentum and income lists), which helps retail and quant flows. Chevron (CVX) Laps the Stock Market: Here’s Why Why Chevron (CVX) is a Top Stock for the Long-Term
• Neutral Sentiment: Operational update — Chevron resumed Leviathan gas production offshore Israel; this restores volumes and supports midstream/upstream returns but is incremental to the big oil‑price move. Chevron resumes Leviathan gas production offshore Israel
• Neutral Sentiment: Earnings context: Recent quarterly results showed an EPS beat but a revenue miss and some margin pressure — a mixed fundamental read that keeps investors focused on cash flow and capital returns rather than top‑line growth.
• Negative Sentiment: Supply response risk: Higher prices are prompting U.S. shale drillers to plan output increases; rising U.S. production would act as a cap on sustained price gains, which could blunt Chevron’s upstream benefit over time. US Shale Drillers Seen Lifting Crude Output on Hormuz-Driven Price Rally
• Negative Sentiment: Inventory and structural risk: Analysis warning that markets are leaning on pre‑war stockpiles implies volatility ahead when buffers draw down — a tail risk that could reverse energy gains if supply normalizes or demand softens. The World Is Still Running on Pre-War Oil Stockpiles

Chevron Stock Performance

NYSE CVX opened at $201.37 on Wednesday. The company has a market cap of $401.82 billion, a P/E ratio of 30.24, a P/E/G ratio of 1.66 and a beta of 0.60. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.15 and a quick ratio of 0.86. The stock has a 50-day moving average of $190.43 and a two-hundred day moving average of $167.42. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $214.71.

Chevron (NYSE:CVX) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $48.18 billion. During the same period in the previous year, the company posted $2.06 EPS. Chevron’s revenue was down 10.2% compared to the same quarter last year. As a group, analysts anticipate that Chevron Corporation will post 10.79 EPS for the current 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 $1.78 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $7.12 annualized dividend and a yield of 3.5%. This is a boost from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio is 106.91%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on CVX shares. Wall Street Zen upgraded Chevron from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. BMO Capital Markets reiterated an “outperform” rating and set a $190.00 price target on shares of Chevron in a report on Monday, February 2nd. Scotiabank upgraded Chevron to a “hold” rating in a report on Friday, March 27th. HSBC upgraded 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. Finally, Citigroup increased their price target on Chevron from $210.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $187.64.

Insider Buying and Selling

In other Chevron news, insider Andrew Benjamin Walz sold 22,200 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $176.53, for a total value of $3,918,966.00. Following the completion of the transaction, the insider owned 666 shares of the company’s stock, valued at $117,568.98. This trade represents a 97.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Vice Chairman Mark A. Nelson sold 139,600 shares of the firm’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 transaction of $26,233,632.00. Following the completion of the transaction, the insider directly owned 11,337 shares of the company’s stock, valued at $2,130,449.04. This represents a 92.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 782,607 shares of company stock worth $146,510,571 over the last three months. 0.21% of the stock is owned by insiders.

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.