Chevron Corporation $CVX Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT lowered its position in shares of Chevron Corporation (NYSE:CVX) by 3.1% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 299,221 shares of the oil and gas company’s stock after selling 9,652 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Chevron were worth $46,466,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Quaker Wealth Management LLC increased its holdings in Chevron by 197.7% in the 2nd quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock worth $31,000 after buying an additional 439 shares during the period. Decker Retirement Planning Inc. purchased a new stake in shares of Chevron in the 3rd quarter valued at $34,000. Vermillion & White Wealth Management Group LLC raised its holdings in shares of Chevron by 86.1% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock worth $37,000 after purchasing an additional 118 shares during the last quarter. Marquette Asset Management LLC purchased a new position in shares of Chevron during the third quarter worth $41,000. Finally, Barnes Dennig Private Wealth Management LLC lifted 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 purchasing an additional 202 shares during the period. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Chevron Trading Up 0.3%

Shares of CVX opened at $185.43 on Wednesday. Chevron Corporation has a 52-week low of $132.04 and a 52-week high of $187.90. The stock has a market cap of $373.36 billion, a PE ratio of 27.84, a price-to-earnings-growth ratio of 12.24 and a beta of 0.70. The firm’s fifty day moving average is $167.33 and its two-hundred day moving average is $159.00. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19.

Chevron (NYSE:CVX) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. The business had revenue of $45.79 billion during the quarter, compared to analysts’ expectations of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 8.23%. The company’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.06 earnings per share. Research analysts forecast that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be paid a $1.78 dividend. This is a positive change from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $7.12 dividend on an annualized basis and a yield of 3.8%. Chevron’s dividend payout ratio is 106.91%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CVX. Piper Sandler reduced their price objective on Chevron from $178.00 to $174.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. JPMorgan Chase & Co. upgraded Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price target for the company in a research report on Tuesday, January 20th. Jefferies Financial Group boosted their target price on shares of Chevron from $174.00 to $189.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Bank of America cut their price target on Chevron from $183.00 to $180.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. Finally, Citigroup dropped their price target on shares of Chevron from $185.00 to $179.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. Thirteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $176.36.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron has entered exclusive talks with Iraq over the giant West Qurna 2 oilfield, advancing a deal that would add material reserves and production to CVX’s portfolio if completed — a clear upside catalyst for long-term growth. Chevron, Iraq agree to exclusive talks over West Qurna 2 oilfield
• Positive Sentiment: Reports say Chevron has signed initial deals and is negotiating for a stake in the massive Iraq oilfield currently held by Lukoil — a high-reward move that could materially boost reserves, though it carries execution and geopolitical risk. Chevron signs initial deals for stake in giant Iraq oilfield held by Russia’s Lukoil
• Positive Sentiment: Coverage highlights Chevron negotiating for a stake in a massive Iraqi oilfield with high upside potential; analysts note this is a higher‑risk, higher‑reward expansion of CVX’s upstream footprint. Chevron Is Negotiating for a Stake in a Massive Oilfield in Iraq. 2 Key Takeaways for Investors.
• Positive Sentiment: Ship-tracking and media reports show Chevron sold Venezuelan crude to Reliance — the first such sale since 2023 — signaling resumed commercial flows to a large Asian buyer and a potential near-term revenue boost. Chevron sells Venezuelan oil to India’s Reliance for the first time since 2023
• Positive Sentiment: Coverage notes Chevron is boosting exploration spending and pursuing new offshore projects (Greece, Libya), supporting a bullish outlook for future production growth. Chevron (CVX) gains bullish outlook as exploration spending rises
• Neutral Sentiment: Commentators and analysts are generally positive (including a high‑profile buy mention), but some pieces focus on valuation after a recent 52‑week high — a reminder that upside is balanced by stretched multiples. Chevron (CVX)’s the Only Company I Would Buy Here, Says Jim Cramer Chevron (CVX) Valuation Check After 52-Week High
• Neutral Sentiment: Comparisons to peers (Shell) and market‑performance writeups note CVX has outpaced the Nasdaq recently; these are useful context for relative valuation but are not single-event drivers. Chevron or Shell: Which Energy Supermajor Has the Edge Now? Is Chevron Stock Outperforming the Nasdaq?

Insider Buying and Selling at Chevron

In other Chevron news, insider R. Hewitt Pate sold 41,134 shares of the company’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $176.40, for a total value of $7,256,037.60. Following the completion of the sale, the insider directly owned 4,169 shares in the company, valued at $735,411.60. This represents a 90.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Eimear P. Bonner sold 32,100 shares of Chevron stock in a transaction on Friday, January 30th. The stock was sold at an average price of $175.01, for a total value of $5,617,821.00. Following the transaction, the chief financial officer owned 4,366 shares in the company, valued at approximately $764,093.66. This represents a 88.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 534,898 shares of company stock worth $89,543,711. 0.20% of the stock is owned by company insiders.

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.