Perpetual Ltd Has $44.16 Million Stake in Chevron Corporation $CVX

Perpetual Ltd raised its holdings in Chevron Corporation (NYSE:CVX) by 1,543.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 284,382 shares of the oil and gas company’s stock after purchasing an additional 267,073 shares during the quarter. Perpetual Ltd’s holdings in Chevron were worth $44,162,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CVX. KMG Fiduciary Partners LLC increased its stake in shares of Chevron by 1.9% in the third quarter. KMG Fiduciary Partners LLC now owns 75,967 shares of the oil and gas company’s stock valued at $11,797,000 after buying an additional 1,449 shares in the last quarter. Fiduciary Financial Group LLC raised its stake in shares of Chevron by 7.5% in the third quarter. Fiduciary Financial Group LLC now owns 4,965 shares of the oil and gas company’s stock worth $771,000 after acquiring an additional 345 shares during the last quarter. Sunflower Bank N.A. raised its stake in shares of Chevron by 16.6% in the third quarter. Sunflower Bank N.A. now owns 4,919 shares of the oil and gas company’s stock worth $764,000 after acquiring an additional 702 shares during the last quarter. CGN Advisors LLC lifted its position in shares of Chevron by 6.6% during the third quarter. CGN Advisors LLC now owns 27,619 shares of the oil and gas company’s stock worth $4,289,000 after purchasing an additional 1,717 shares in the last quarter. Finally, Independence Bank of Kentucky grew its stake in shares of Chevron by 10.0% during the third quarter. Independence Bank of Kentucky now owns 44,610 shares of the oil and gas company’s stock valued at $6,927,000 after purchasing an additional 4,065 shares during the last quarter. Institutional investors own 72.42% of the company’s stock.

Insiders Place Their Bets

In other news, Director John B. Hess sold 275,000 shares of Chevron stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $150.75, for a total transaction of $41,456,250.00. Following the transaction, the director directly owned 1,128,045 shares of the company’s stock, valued at $170,052,783.75. This trade represents a 19.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.21% of the company’s stock.

Chevron Trading Up 0.0%

NYSE:CVX opened at $147.74 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $168.96. The firm has a market capitalization of $297.47 billion, a price-to-earnings ratio of 20.78, a PEG ratio of 8.78 and a beta of 0.68. The business’s 50-day moving average price is $152.31 and its two-hundred day moving average price is $152.46.

Chevron (NYSE:CVX) last announced its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.71 by $0.14. The company had revenue of $48.17 billion during the quarter, compared to analysts’ expectations of $46.99 billion. Chevron had a return on equity of 8.74% and a net margin of 6.57%.Chevron’s revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.48 EPS. On average, equities analysts expect that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 18th were issued a $1.71 dividend. The ex-dividend date was Tuesday, November 18th. This represents a $6.84 annualized dividend and a yield of 4.6%. Chevron’s dividend payout ratio (DPR) is 96.20%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on CVX shares. Wells Fargo & Company boosted their price objective on shares of Chevron from $190.00 to $196.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. HSBC set a $169.00 target price on Chevron and gave the stock a “buy” rating in a research report on Monday, December 1st. Piper Sandler lowered their price objective on Chevron from $171.00 to $169.00 and set an “overweight” rating for the company in a research report on Monday, November 10th. Raymond James Financial restated an “outperform” rating and set a $160.00 target price (down from $170.00) on shares of Chevron in a research report on Friday, October 17th. Finally, UBS Group reiterated a “buy” rating on shares of Chevron in a research report on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $166.00.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron sealed a five‑year LNG supply deal to deliver 2 billion cubic meters to Hungary, adding near‑term contracted export volumes and European revenue diversification away from Russian gas. This supports steady cash flow and strengthens Chevron’s European foothold. Chevron to Export 2 Billion Cubic Meters of LNG to Hungary
• Positive Sentiment: Analysts and retail outlets argue Chevron can generate strong free cash flow if energy prices remain elevated through 2030, supporting capital spending, dividends and buybacks even in moderately lower-price scenarios — a bullish operating-profile narrative for long-term income investors. Why Chevron Could Thrive If Energy Prices Stay Elevated Through 2030
• Positive Sentiment: Television commentator Jim Cramer publicly recommended sticking with Chevron and expressed confidence in CEO Mike Wirth’s ability to deliver results — a high‑profile endorsement that can buoy retail sentiment. Jim Cramer on Chevron: “I Would Stick With It”
• Positive Sentiment: Coverage highlighting Chevron as one of Berkshire Hathaway’s “dividend aristocrats” underscores its track record of shareholder returns and may attract income‑focused or dividend‑growth investors. Inside Berkshire’s Dividend Aristocrats: Bank of America, Chevron, and Coca‑Cola
• Positive Sentiment: Benzinga reports Chevron is named among participants in a high‑stakes nuclear/fusion play alongside big tech and finance firms — signalling investments in low‑carbon technologies and potential long‑term strategic optionality. Trump Media Fusion Deal: Donald Trump Joins Google, Chevron, Goldman Sachs In High‑Stakes Nuclear Energy Play
• Neutral Sentiment: Forbes examines whether Chevron’s attractive cash‑return profile is being masked by its Venezuela exposure — a balanced read that highlights strong returns but flags political and sanction risks investors should price in. Is Venezuela Risk Masking Chevron’s Strong Cash‑Return Profile?
• Negative Sentiment: Reporting shows Chevron continues operations in Venezuela despite rising U.S.–Venezuela tensions, which raises sanction, legal and operational risks that could disrupt production or exports. That geopolitical exposure is a potential downside catalyst. Chevron keeps working in Venezuela amid tensions with U.S.
• Negative Sentiment: Some sanctioned oil vessels are diverting from Venezuela after threats of a blockade, indicating potential logistical and export disruptions tied to the geopolitical situation that could indirectly affect Chevron’s Venezuela operations. Some sanctioned oil vessels divert from Venezuela as Trump threatens blockade

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.