Asahi Life Asset Management CO. LTD. Purchases 4,731 Shares of Chevron Corporation $CVX

Asahi Life Asset Management CO. LTD. boosted its position in shares of Chevron Corporation (NYSE:CVX) by 45.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,093 shares of the oil and gas company’s stock after acquiring an additional 4,731 shares during the period. Chevron accounts for about 1.3% of Asahi Life Asset Management CO. LTD.’s holdings, making the stock its 25th biggest position. Asahi Life Asset Management CO. LTD.’s holdings in Chevron were worth $2,344,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Castellan Group boosted its position in shares of Chevron by 10.7% during the 2nd quarter. Castellan Group now owns 20,405 shares of the oil and gas company’s stock valued at $2,922,000 after acquiring an additional 1,965 shares during the last quarter. United Bank raised its stake in Chevron by 7.7% in the second quarter. United Bank now owns 11,079 shares of the oil and gas company’s stock valued at $1,586,000 after purchasing an additional 796 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in Chevron by 9.0% during the second quarter. Schnieders Capital Management LLC. now owns 50,839 shares of the oil and gas company’s stock valued at $7,280,000 after purchasing an additional 4,214 shares during the last quarter. Freedom Investment Management Inc. grew its stake in Chevron by 13.1% in the 2nd quarter. Freedom Investment Management Inc. now owns 8,245 shares of the oil and gas company’s stock worth $1,181,000 after buying an additional 957 shares in the last quarter. Finally, KPP Advisory Services LLC increased its holdings in shares of Chevron by 39.8% in the 2nd quarter. KPP Advisory Services LLC now owns 5,055 shares of the oil and gas company’s stock worth $724,000 after buying an additional 1,438 shares during the last quarter. 72.42% of the stock is currently owned by hedge funds and other institutional investors.

Chevron Trading Down 0.6%

Shares of CVX stock opened at $183.69 on Friday. The business has a 50-day moving average of $165.86 and a 200 day moving average of $158.48. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $187.90. The stock has a market capitalization of $369.86 billion, a PE ratio of 27.58, a P/E/G ratio of 12.23 and a beta of 0.70.

Chevron (NYSE:CVX) last announced its quarterly earnings data 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 8.23% and a net margin of 6.51%.The firm had revenue of $45.79 billion during the quarter, compared to the consensus estimate of $48.18 billion. During the same quarter in the previous year, the company posted $2.06 earnings per share. The business’s revenue was down 10.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be given a dividend of $1.78 per share. This represents a $7.12 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, February 17th. This is an increase from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio is currently 106.91%.

Wall Street Analysts Forecast Growth

CVX has been the subject of a number of research analyst reports. HSBC downgraded shares of Chevron from a “buy” rating to a “hold” rating and set a $180.00 price objective for the company. in a report on Monday, February 2nd. Argus set a $203.00 price target on Chevron in a research note on Tuesday, February 3rd. Wells Fargo & Company upped their price objective on Chevron from $196.00 to $204.00 and gave the stock an “overweight” rating in a report on Monday, February 2nd. TD Cowen raised their price objective on Chevron from $160.00 to $168.00 and gave the company a “hold” rating in a report on Monday, February 2nd. Finally, UBS Group restated a “buy” rating and issued a $212.00 target price on shares of Chevron in a research report on Monday, February 2nd. Thirteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $176.36.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analyst upgrades — Coverage upgrades (including a Melius Research upgrade) have encouraged buying; one report notes shares jumped after the upgrade. Chevron (NYSE:CVX) Shares Up 1.8% After Analyst Upgrade
• Positive Sentiment: 52‑week high / momentum — Media coverage points to CVX reaching a 52‑week high, which can attract momentum and index/ETF flows. Chevron Corp Hits 52-Week High — What’s Driving The Move?
• Positive Sentiment: Dow leadership and sector strength — Coverage highlights Chevron as a top performer on the Dow YTD, reinforcing broad market support for the stock. Caterpillar, Honeywell, and Chevron Lead the Dow Jones in 2026
• Positive Sentiment: Dividend appeal — Articles targeting income investors note Chevron’s dividend reliability, which supports demand from retirees and income-focused funds. Retirees Are Winning Big in 2026: 3 Popular Dividend Stocks Are Soaring
• Positive Sentiment: Long‑term endorsement — A Seeking Alpha piece frames Chevron as a buy‑and‑hold, which can bolster investor confidence for longer‑term holders. Chevron: Buy And Hold Like Berkshire Hathaway
• Neutral Sentiment: Valuation check — Coverage (Yahoo Finance) asks whether CVX remains attractively priced after strong multi‑year gains; this is neutral but could limit further upside if investors shift to taking profits. Is Chevron (CVX) Still Priced Attractively After Strong Multi Year Share Gains
• Negative Sentiment: Insider selling — Reports of insider selling have pressured the stock in the short term and are cited in coverage that links the activity to a drop in the share price. Chevron (NYSE:CVX) Stock Price Down 1.8% After Insider Selling
• Negative Sentiment: Geopolitical/regulatory risk — Turkey publicly opposed Greece‑Chevron hydrocarbon activity south of Crete, calling it unlawful; this raises regional political and operational risk for that project. Turkey says Greece-Chevron activity off Crete unlawful

Insider Transactions at Chevron

In related news, insider Andrew Benjamin Walz sold 22,200 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $176.53, for a total value of $3,918,966.00. Following the sale, the insider directly owned 666 shares of the company’s stock, valued at $117,568.98. This trade represents a 97.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider R. Hewitt Pate sold 41,134 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $176.40, for a total value of $7,256,037.60. Following the transaction, the insider directly owned 4,169 shares of the company’s stock, valued at $735,411.60. The trade was a 90.80% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 534,898 shares of company stock valued at $89,543,711. Company insiders own 0.21% of the company’s stock.

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.