Chevron Corporation $CVX Shares Purchased by Culbertson A N & Co. Inc.

Culbertson A N & Co. Inc. raised its stake in shares of Chevron Corporation (NYSE:CVX) by 4.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,053 shares of the oil and gas company’s stock after buying an additional 2,615 shares during the period. Chevron makes up 1.4% of Culbertson A N & Co. Inc.’s portfolio, making the stock its 19th biggest position. Culbertson A N & Co. Inc.’s holdings in Chevron were worth $10,372,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of CVX. Decker Retirement Planning Inc. acquired a new position in Chevron during the 3rd quarter valued at about $34,000. Marquette Asset Management LLC acquired a new position in Chevron during the 3rd quarter valued at about $41,000. Barnes Dennig Private Wealth Management LLC increased its stake in Chevron by 306.1% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 268 shares of the oil and gas company’s stock valued at $42,000 after buying an additional 202 shares during the period. Daytona Street Capital LLC acquired a new position in Chevron during the 4th quarter valued at about $44,000. Finally, Evolution Wealth Management Inc. acquired a new position in Chevron during the 2nd quarter valued at about $49,000. Institutional investors and hedge funds own 72.42% of the company’s stock.

Insider Buying and Selling

In other Chevron news, CEO Michael K. Wirth sold 272,624 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $189.35, for a total value of $51,621,354.40. Following the completion of the transaction, the chief executive officer directly owned 31,266 shares in the company, valued at $5,920,217.10. This trade represents a 89.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 transaction of $3,918,966.00. Following the completion of the transaction, the insider owned 666 shares of the company’s stock, valued at approximately $117,568.98. The trade was a 97.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 782,607 shares of company stock valued at $146,510,571. Company insiders own 0.21% of the company’s stock.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Geopolitical supply shock: U.S. strikes and rising Iran/Hormuz tensions pushed Brent/WTI above $110, lifting integrated majors like Chevron because higher crude prices directly boost upstream earnings and cash flow. US Strikes Iran’s Kharg Island as Hormuz Deadline Nears; Oil Surges Above $110
• Positive Sentiment: Sector and analyst tailwind: MarketBeat’s XLE piece highlights accelerating energy earnings, analyst price‑target increases, and institutional accumulation; Chevron is a top XLE holding, so sector flows and higher forecasts are supporting CVX. XLE ETF Hits Peak: What Comes Next May Surprise You
• Positive Sentiment: Bullish research and momentum rankings: Zacks published bullish takes on CVX (calls it a top long‑term stock and added it to Strong Buy/momentum and income lists), which helps retail and quant flows. Chevron (CVX) Laps the Stock Market: Here’s Why Why Chevron (CVX) is a Top Stock for the Long-Term
• Neutral Sentiment: Operational update — Chevron resumed Leviathan gas production offshore Israel; this restores volumes and supports midstream/upstream returns but is incremental to the big oil‑price move. Chevron resumes Leviathan gas production offshore Israel
• Neutral Sentiment: Earnings context: Recent quarterly results showed an EPS beat but a revenue miss and some margin pressure — a mixed fundamental read that keeps investors focused on cash flow and capital returns rather than top‑line growth.
• Negative Sentiment: Supply response risk: Higher prices are prompting U.S. shale drillers to plan output increases; rising U.S. production would act as a cap on sustained price gains, which could blunt Chevron’s upstream benefit over time. US Shale Drillers Seen Lifting Crude Output on Hormuz-Driven Price Rally
• Negative Sentiment: Inventory and structural risk: Analysis warning that markets are leaning on pre‑war stockpiles implies volatility ahead when buffers draw down — a tail risk that could reverse energy gains if supply normalizes or demand softens. The World Is Still Running on Pre-War Oil Stockpiles

Analyst Ratings Changes

CVX has been the topic of several research analyst reports. Melius Research raised shares of 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. Piper Sandler raised their price objective on shares of Chevron from $179.00 to $242.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. Sanford C. Bernstein raised their price objective on shares of Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a research report on Monday, January 5th. Mizuho raised their price objective on shares of Chevron from $206.00 to $217.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Chevron in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $187.64.

Chevron Stock Performance

NYSE:CVX opened at $201.37 on Wednesday. Chevron Corporation has a twelve month low of $132.04 and a twelve month high of $214.71. 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 company has a 50-day moving average of $190.43 and a 200-day moving average of $167.42. The firm has a market cap of $401.82 billion, a price-to-earnings ratio of 30.24, a price-to-earnings-growth ratio of 1.66 and a beta of 0.60.

Chevron (NYSE:CVX) last posted 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 net margin of 6.51% and a return on equity of 7.89%. The company had revenue of $45.79 billion during the quarter, compared to analyst estimates of $48.18 billion. During the same quarter last year, the firm posted $2.06 EPS. The business’s revenue for the quarter was down 10.2% on a year-over-year basis. Analysts forecast that Chevron Corporation will post 10.79 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. Shareholders of record on Tuesday, February 17th were issued a $1.78 dividend. The ex-dividend date was Tuesday, February 17th. This is a positive change from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 annualized dividend and a dividend yield of 3.5%. Chevron’s dividend payout ratio is 106.91%.

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.