TriaGen Wealth Management LLC Has $5.12 Million Stock Position in Chevron Corporation $CVX

TriaGen Wealth Management LLC boosted its holdings in shares of Chevron Corporation (NYSE:CVX) by 165.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,991 shares of the oil and gas company’s stock after acquiring an additional 20,576 shares during the quarter. Chevron accounts for about 1.3% of TriaGen Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. TriaGen Wealth Management LLC’s holdings in Chevron were worth $5,123,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Quaker Wealth Management LLC boosted its holdings in shares of Chevron by 197.7% during the second quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock worth $31,000 after purchasing an additional 439 shares during the period. Vermillion & White Wealth Management Group LLC increased its stake in Chevron by 86.1% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock valued at $37,000 after buying an additional 118 shares during the period. IMG Wealth Management Inc. lifted its position in Chevron by 52.3% in the 2nd quarter. IMG Wealth Management Inc. now owns 265 shares of the oil and gas company’s stock worth $38,000 after buying an additional 91 shares in the last quarter. GFG Capital LLC acquired a new stake in shares of Chevron during the 2nd quarter valued at $42,000. Finally, LFA Lugano Financial Advisors SA grew its holdings in shares of Chevron by 106.7% during the 2nd quarter. LFA Lugano Financial Advisors SA now owns 310 shares of the oil and gas company’s stock valued at $44,000 after acquiring an additional 160 shares in the last quarter. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Chevron Price Performance

Shares of NYSE:CVX opened at $163.84 on Tuesday. The stock has a market capitalization of $329.90 billion, a P/E ratio of 23.04, a P/E/G ratio of 9.76 and a beta of 0.70. The business has a 50-day moving average of $152.05 and a two-hundred day moving average of $153.20. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $168.96. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, October 31st. The oil and gas company reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.71 by $0.14. Chevron had a return on equity of 8.74% and a net margin of 6.57%.The business had revenue of $48.17 billion for the quarter, compared to the consensus estimate of $46.99 billion. During the same period last year, the business earned $2.48 EPS. The firm’s revenue was down 1.9% compared to the same quarter last year. On average, equities research analysts predict that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 18th were given a $1.71 dividend. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $6.84 dividend on an annualized basis and a dividend yield of 4.2%. Chevron’s dividend payout ratio (DPR) is currently 96.20%.

Insider Buying and Selling at Chevron

In related news, Director John B. Hess sold 275,000 shares of the company’s 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 completion of the sale, the director directly owned 1,128,045 shares of the company’s stock, valued at approximately $170,052,783.75. This represents a 19.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.20% of the company’s stock.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: U.S. intervention and White House statements raising the prospect of renewed U.S. access to Venezuelan oil have pushed Chevron into a favored position as the only major U.S. operator still active there. The market has anointed Chevron the big Venezuela winner. But oil majors face a long road before any payoff
• Positive Sentiment: Chevron already runs projects and exports from Venezuela and owns Gulf Coast refining capacity well suited to heavy, sour Venezuelan crude — a strategic integration advantage if flows resume. Chevron’s Risky Bet to Stay in Venezuela May Now Give It an Advantage
• Positive Sentiment: Market action: heavy call‑option buying and sharp premarket/intraday buying in oil names lifted Chevron and contributed to broader gains (helping the Dow reach record levels). Chevron, US refiners’ shares surge after Trump’s move toward Venezuela oil
• Neutral Sentiment: Some analysts remain constructive but cautious — Citigroup trimmed its price target (keeps a Buy) and broader street ratings are mixed; the rally has attracted both buy recommendations and “wait for consolidation” notes.
• Negative Sentiment: Significant execution risk and timelines: rebuilding Venezuela’s dilapidated oil infrastructure will take years and billions, so any revenue/earnings upside is likely long‑dated. The market has anointed Chevron the big Venezuela winner. But oil majors face a long road before any payoff
• Negative Sentiment: Policy/coordination uncertainty: reports say the administration didn’t consult majors before the operation, leaving questions about contracts, timing and legal/regulatory frameworks for U.S. companies. Trump administration has not consulted US oil majors about Venezuela, oil execs say
• Negative Sentiment: Technicals and economics: some technical indicators show the move is overbought and crude prices remain below levels that would meaningfully boost near‑term margins, increasing risk of a pullback.

Analysts Set New Price Targets

CVX has been the subject of several recent research reports. Barclays cut their price objective on Chevron from $160.00 to $158.00 and set an “equal weight” rating for the company in a report on Tuesday, October 7th. Mizuho upped their target price on Chevron from $204.00 to $206.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chevron in a research note on Wednesday, October 8th. Scotiabank boosted their price target on Chevron from $160.00 to $165.00 and gave the company a “sector perform” rating in a research note on Thursday, October 9th. Finally, Bank of America dropped their price objective on Chevron from $183.00 to $180.00 and set a “buy” rating on the stock in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $166.90.

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.