Ares Financial Consulting LLC Acquires New Shares in Chevron Corporation $CVX

Ares Financial Consulting LLC bought a new position in shares of Chevron Corporation (NYSE:CVX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,806 shares of the oil and gas company’s stock, valued at approximately $428,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CVX. Decker Retirement Planning Inc. purchased a new position in shares of Chevron during the 3rd quarter worth approximately $34,000. Marquette Asset Management LLC purchased a new stake in Chevron in the third quarter valued at approximately $41,000. Barnes Dennig Private Wealth Management LLC lifted its stake 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 worth $42,000 after purchasing an additional 202 shares in the last quarter. Daytona Street Capital LLC acquired a new position in Chevron during the fourth quarter worth $44,000. Finally, Maseco LLP purchased a new position in shares of Chevron during the fourth quarter worth $49,000. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Insider Transactions at Chevron

In other Chevron news, insider Andrew Benjamin Walz sold 11,600 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $188.58, for a total value of $2,187,528.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Michael K. Wirth sold 272,624 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $189.35, for a total transaction of $51,621,354.40. Following the completion of the sale, the chief executive officer owned 31,266 shares in the company, valued at $5,920,217.10. The trade was a 89.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 779,407 shares of company stock valued at $145,972,971 over the last quarter. Insiders own 0.56% of the company’s stock.

Chevron Trading Down 0.2%

NYSE:CVX opened at $184.79 on Tuesday. Chevron Corporation has a 12-month low of $133.77 and a 12-month high of $214.71. The firm has a market cap of $368.15 billion, a PE ratio of 27.75, a price-to-earnings-growth ratio of 0.78 and a beta of 0.60. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The stock has a fifty day moving average price of $192.59 and a 200 day moving average price of $170.51.

Chevron (NYSE:CVX) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. The company had revenue of $45.79 billion for the quarter, compared to analyst estimates of $48.18 billion. Chevron had a return on equity of 7.89% and a net margin of 6.51%.Chevron’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.06 EPS. Sell-side analysts anticipate that Chevron Corporation will post 12.49 earnings per share for the current fiscal year.

Chevron Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were issued a $1.78 dividend. This represents a $7.12 annualized dividend and a yield of 3.9%. This is a positive change from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend was Tuesday, February 17th. Chevron’s dividend payout ratio is 106.91%.

Wall Street Analyst Weigh In

CVX has been the subject of a number of research reports. Zacks Research raised Chevron from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 3rd. Wells Fargo & Company raised their target price on Chevron from $204.00 to $222.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Tudor Pickering raised Chevron from a “hold” rating to a “buy” rating and set a $225.00 target price for the company in a research report on Thursday, April 9th. UBS Group reiterated a “buy” rating and set a $212.00 price target on shares of Chevron in a research note on Monday, February 2nd. Finally, Jefferies Financial Group increased their price target on shares of Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $198.09.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: CEO warnings that tightening jet-fuel supplies could worsen signal stronger refining margins and pricing power for Chevron if fuel shortages persist, a near-term support for earnings. Chevron CEO warns aviation strain could worsen as jet fuel crunch deepens
• Positive Sentiment: Chelsea management (CEO Mike Wirth) says the Strait of Hormuz disruptions and constrained inventories could keep oil prices elevated for an extended period — supportive for CVX’s upstream cash flow and margins. Chevron CEO Mike Wirth Warns Oil Prices Face Prolonged Pressure
• Positive Sentiment: Analyst/commentary pieces are flagging Chevron’s recent pullback as a potential buying opportunity ahead of earnings, which could attract value-oriented buyers if guidance or results beat. Chevron’s Pullback May Be a Buying Opportunity—Even If the War Ends
• Neutral Sentiment: Broader market volatility ahead of a major Fed meeting and heavy corporate earnings week raises macro risk and could amplify moves in energy stocks, including CVX. Week ahead: Big Tech earnings, Fed decision, and an oil crisis set up Wall Street’s biggest test of the year
• Neutral Sentiment: Strait of Hormuz disruptions are having an outsized effect on global LNG markets versus oil; this supports longer‑term commodity price risk but affects CVX differently across upstream/refining businesses. Why Strait of Hormuz disruption is more severe for global LNG markets than for oil
• Neutral Sentiment: Options-market activity: with oil off recent highs, put premiums on Chevron remain elevated — signaling higher hedging/trading interest rather than a clear directional bet. Oil is Off Its Highs But Shorting Chevron Puts Provides Good Yields
• Negative Sentiment: Governance concerns raised around Chevron’s Venezuelan plans (partner disputes over transparency and legality) add execution and regulatory risk to any expansion there — a potential negative catalyst for future reserves and production growth. Chevron Governance Questions In Venezuela Add A New Risk Consideration
• Negative Sentiment: Management notes that Venezuela must do more to revive its oil industry; labor shortages and reliance on policy changes mean Chevron’s Venezuela upside is uncertain and may be slower than investors hope. Chevron CEO Says Venezuela Must Do More for Oil Industry Revival
• Negative Sentiment: Small institutional trimming: BKM Wealth Management reduced its CVX stake modestly, a minor negative signal on demand from that holder. BKM Wealth Management LLC Sells 5,036 Shares of Chevron Corporation $CVX

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.