Czech National Bank Buys 10,284 Shares of Chevron Corporation $CVX

Czech National Bank boosted its stake in Chevron Corporation (NYSE:CVX) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 499,080 shares of the oil and gas company’s stock after acquiring an additional 10,284 shares during the period. Czech National Bank’s holdings in Chevron were worth $76,065,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CVX. Vanguard Group Inc. increased its stake in shares of Chevron by 17.9% during the 3rd quarter. Vanguard Group Inc. now owns 183,790,028 shares of the oil and gas company’s stock worth $28,540,753,000 after purchasing an additional 27,961,463 shares during the last quarter. Norges Bank purchased a new position in Chevron in the second quarter valued at approximately $2,721,477,000. State Street Corp grew its holdings in Chevron by 9.1% during the third quarter. State Street Corp now owns 152,605,988 shares of the oil and gas company’s stock valued at $23,698,184,000 after purchasing an additional 12,789,399 shares during the period. Primecap Management Co. CA bought a new position in Chevron during the third quarter valued at $988,083,000. Finally, Bank of New York Mellon Corp increased its position in Chevron by 27.9% in the third 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 buying an additional 4,279,918 shares during the last quarter. 72.42% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron struck a crude offtake agreement with Sable Offshore to secure additional U.S. West Coast supply, which helps feed California refineries at a time of tight global markets and supports refining/upstream margins. Chevron’s Sable Offshore Deal Adds West Coast Supply And Risk Considerations
• Positive Sentiment: An analyst upgrade earlier this week lifted the stock and reflects rising analyst confidence and higher price targets amid the oil rally—a near‑term bullish catalyst for CVX. Chevron (NYSE:CVX) Stock Price Up 1.7% Following Analyst Upgrade
• Positive Sentiment: Energy peers and commodity moves have pushed Big Oil higher; market commentary highlights Chevron as a beneficiary of tighter supply and growing crack spreads, supporting investor appetite for CVX and its dividend. Energy Stocks Surge on Oil Spike: Buy, Hold, or Take Profits?
• Neutral Sentiment: Board governance updated — Chevron’s board approved amended bylaws following the Hess acquisition; routine corporate housekeeping that smooths integration but is unlikely to move the stock materially on its own. Chevron Updates Board Bylaws Following Hess Acquisition
• Neutral Sentiment: Oil prices pulled back on signs of diplomatic de‑escalation, creating short‑term volatility; the pullback tempers immediate upside but leaves medium‑term upside if geopolitical risks re‑escalate. Oil Eases on De‑Escalation Buzz but Risks Persist
• Negative Sentiment: A new federal bill (S.4111) proposing a 50% windfall‑profits excise tax on large crude producers names Chevron specifically and, if it advances, could hit margins and cashflow—a meaningful legislative risk for CVX. New Bill: S.4111 Big Oil Windfall Profits Tax Act
• Negative Sentiment: Chevron and executives are warning of a looming California fuel crisis as imports slow and policy/operational headwinds tighten regional supply—this raises short‑term operational risk and potential margin pressure for West‑Coast operations. Chevron Raises Alarm Over California Energy Crisis as Imports Slow
• Negative Sentiment: Continued Strait of Hormuz disruption (including new transit fees and shipping risk) keeps physical oil spreads elevated and logistic costs higher—a backdrop that increases volatility and costs for global producers like Chevron. Iran Imposes Up to $2M Transit Fees on Ships in Strait of Hormuz

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CVX. Melius Research upgraded Chevron from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a research note on Tuesday, February 17th. Jefferies Financial Group lifted their price objective on Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. HSBC upgraded Chevron from a “hold” rating to a “buy” rating and set a $215.00 price objective on the stock in a research note on Friday, March 20th. Wall Street Zen raised shares of Chevron from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Finally, TD Cowen increased their target price on shares of Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Fourteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $184.77.

Chevron Trading Down 0.9%

NYSE:CVX opened at $204.92 on Thursday. Chevron Corporation has a 1 year low of $132.04 and a 1 year high of $209.79. The stock’s fifty day moving average price is $183.79 and its two-hundred day moving average price is $164.44. 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 company has a market cap of $408.89 billion, a P/E ratio of 30.77, a P/E/G ratio of 1.91 and a beta of 0.67.

Chevron (NYSE:CVX) last announced its quarterly 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 analysts’ expectations of $48.18 billion. During the same period in the previous year, the business earned $2.06 earnings per share. The firm’s quarterly revenue was down 10.2% compared to the same quarter last year. As a group, analysts expect that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were issued a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Tuesday, February 17th. This is a boost from Chevron’s previous quarterly dividend of $1.71. Chevron’s payout ratio is presently 106.91%.

Insider Activity

In other news, insider Andrew Benjamin Walz sold 11,600 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $188.58, for a total value of $2,187,528.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Alana K. Knowles sold 2,408 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $183.28, for a total transaction of $441,338.24. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,099,397 shares of company stock valued at $196,196,468. 0.21% of the stock is currently 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.