Bank of Hawaii Sells 2,807 Shares of Chevron Corporation $CVX

Bank of Hawaii decreased its holdings in shares of Chevron Corporation (NYSE:CVX) by 13.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 18,726 shares of the oil and gas company’s stock after selling 2,807 shares during the period. Bank of Hawaii’s holdings in Chevron were worth $2,908,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CVX. Vanguard Group Inc. lifted its stake in shares of Chevron by 17.9% in the 3rd quarter. Vanguard Group Inc. now owns 183,790,028 shares of the oil and gas company’s stock valued at $28,540,753,000 after purchasing an additional 27,961,463 shares during the period. Norges Bank acquired a new position in shares of Chevron in the second quarter worth about $2,721,477,000. Primecap Management Co. CA acquired a new position in shares of Chevron in the third quarter worth about $988,083,000. Bank of New York Mellon Corp boosted its stake in shares of Chevron by 27.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 19,627,146 shares of the oil and gas company’s stock worth $3,047,900,000 after acquiring an additional 4,279,918 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its position in shares of Chevron by 14,194.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,722,217 shares of the oil and gas company’s stock valued at $532,984,000 after acquiring an additional 3,696,177 shares during the period. Institutional investors own 72.42% of the company’s stock.

Insider Activity

In related news, insider Alana K. Knowles sold 2,408 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $183.28, for a total value of $441,338.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction of $26,233,632.00. Following the completion of the sale, the insider directly owned 11,337 shares in the company, valued at $2,130,449.04. This trade represents a 92.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,099,397 shares of company stock worth $196,196,468. 0.21% of the stock is owned by company insiders.

Chevron Price Performance

CVX stock opened at $196.95 on Friday. Chevron Corporation has a 1 year low of $132.04 and a 1 year high of $198.88. 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 firm has a market capitalization of $393.00 billion, a PE ratio of 29.57, a price-to-earnings-growth ratio of 1.98 and a beta of 0.67. The business has a 50 day simple moving average of $177.33 and a 200-day simple moving average of $162.02.

Chevron (NYSE:CVX) last announced 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. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The firm had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. During the same quarter last year, the business posted $2.06 earnings per share. The firm’s revenue was down 10.2% compared to the same quarter last year. Equities research analysts anticipate that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th were issued a dividend of $1.78 per share. The ex-dividend date was Tuesday, February 17th. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.6%. This is an increase from Chevron’s previous quarterly dividend of $1.71. Chevron’s payout ratio is 106.91%.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Geopolitical-driven oil rally is lifting energy names like Chevron as investors position for tighter supply; this is a primary driver behind recent upside in CVX. Wall Street Roundup: War, Oil, Airlines, Energy, AI, Private Credit
• Positive Sentiment: Piper Sandler raised its price target to $242 and moved to an “overweight” rating, signaling notable analyst upside that can support further buying interest. Piper Sandler price target raise
• Positive Sentiment: Chevron expanded its U.S. deepwater exposure via recent Gulf of Mexico lease activity, reinforcing confidence in long-term upstream growth and reserves development. Chevron Expands Gulf of Mexico Presence With Latest Lease Sale
• Positive Sentiment: Unusual options flow showed heavy call buying (111,021 calls), indicating speculative/bullish positioning that can amplify near-term upside.
• Neutral Sentiment: Chevron agreed to sell its stakes in Angola Blocks 14/14K to Energean for about $260M — a small portfolio divestment that trims international exposure but provides cash for reallocation; impact is strategic rather than material to earnings. Energean to acquire Chevron’s stakes in offshore Angola blocks
• Neutral Sentiment: Worley won a FEED contract for Chevron’s Aphrodite gas field (Cyprus), confirming project progress; it’s a positive operational step but the contract award mainly benefits the supplier and signals Chevron advancing development plans. Worley secures contract from Chevron for Aphrodite gas field FEED
• Neutral Sentiment: Analyst and media coverage is debating valuation as CVX approaches $200 after a ~30% run in 2026; some see upside if oil holds, others warn the rally could be stretched. Chevron Near $200 While Oil Tops $100: Does CVX Merit a Buy?
• Negative Sentiment: Chevron faces a DOJ settlement: a $1M penalty and retirement of $3.6M in invalid renewable fuel credits — reputational and compliance negative, though the financial hit is modest. Chevron Hit With $1 Million Penalty Over Invalid Clean Fuel Credits
• Negative Sentiment: MarketBeat and technical indicators note momentum warnings (MACD/RSI weakening) and the IEA’s coordinated reserve releases could cap oil — if oil eases, Chevron’s rally could reverse quickly. Chevron Hits New Highs Due to Oil’s Rally, But Is It Sustainable?

Analysts Set New Price Targets

Several equities analysts recently weighed in on CVX shares. Barclays lifted their price target on Chevron from $158.00 to $166.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 21st. Citigroup raised their price objective on Chevron from $179.00 to $210.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Morgan Stanley cut their price objective on Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. TD Cowen lifted their price target on shares of Chevron from $160.00 to $168.00 and gave the company a “hold” rating in a research note on Monday, February 2nd. Finally, Jefferies Financial Group boosted their price target on shares of Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Thirteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $182.05.

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.