Chevron Corporation $CVX Shares Sold by RWA Wealth Partners LLC

RWA Wealth Partners LLC lowered its position in Chevron Corporation (NYSE:CVX) by 17.4% in the third quarter, Holdings Channel reports. The fund owned 87,944 shares of the oil and gas company’s stock after selling 18,579 shares during the period. RWA Wealth Partners LLC’s holdings in Chevron were worth $13,657,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vishria Bird Financial Group LLC increased its holdings in Chevron by 1.2% in the third quarter. Vishria Bird Financial Group LLC now owns 5,285 shares of the oil and gas company’s stock valued at $821,000 after buying an additional 65 shares during the last quarter. Nexus Investment Management ULC increased its stake in Chevron by 0.9% in the third quarter. Nexus Investment Management ULC now owns 7,641 shares of the oil and gas company’s stock valued at $1,187,000 after purchasing an additional 65 shares during the last quarter. Scott & Selber Inc. boosted its holdings in shares of Chevron by 0.5% in the 3rd quarter. Scott & Selber Inc. now owns 13,391 shares of the oil and gas company’s stock valued at $2,079,000 after buying an additional 65 shares in the last quarter. White Knight Strategic Wealth Advisors LLC grew its position in shares of Chevron by 3.0% in the 2nd quarter. White Knight Strategic Wealth Advisors LLC now owns 2,230 shares of the oil and gas company’s stock valued at $319,000 after buying an additional 65 shares during the last quarter. Finally, William B. Walkup & Associates Inc. raised its stake in Chevron by 1.0% during the 3rd quarter. William B. Walkup & Associates Inc. now owns 6,356 shares of the oil and gas company’s stock worth $987,000 after acquiring an additional 66 shares in the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Insiders Place Their Bets

In other Chevron news, CEO Michael K. Wirth sold 320,700 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $162.99, for a total value of $52,270,893.00. Following the completion of the sale, the chief executive officer owned 14,450 shares of the company’s stock, valued at $2,355,205.50. This trade represents a 95.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider R. Hewitt Pate sold 41,134 shares of Chevron stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $176.40, for a total transaction of $7,256,037.60. Following the sale, the insider owned 4,169 shares in the company, valued at $735,411.60. This represents a 90.80% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 534,898 shares of company stock worth $89,543,711. 0.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Morgan Stanley decreased their price objective on Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. Mizuho lifted their target price on Chevron from $204.00 to $206.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. JPMorgan Chase & Co. raised Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price target for the company in a report on Tuesday, January 20th. Bank of America reduced their target price on shares of Chevron from $183.00 to $180.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. Finally, Zacks Research upgraded shares of Chevron from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Thirteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $176.36.

Chevron Stock Performance

NYSE CVX opened at $185.43 on Wednesday. Chevron Corporation has a twelve month low of $132.04 and a twelve month high of $187.90. The business’s 50-day moving average price is $167.33 and its 200 day moving average price is $159.00. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $373.36 billion, a PE ratio of 27.84, a price-to-earnings-growth ratio of 12.24 and a beta of 0.70.

Chevron (NYSE:CVX) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. The firm had revenue of $45.79 billion during the quarter, compared to the consensus estimate of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 8.23%. Chevron’s revenue was down 10.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.06 earnings per share. On average, research analysts predict that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be paid a dividend of $1.78 per share. This is an increase from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 annualized dividend and a yield of 3.8%. The ex-dividend date is Tuesday, February 17th. Chevron’s payout ratio is presently 106.91%.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Iraq says West Qurna 2 output could nearly double to ~800,000 barrels/day if Chevron takes over operations from Lukoil — a potential long‑term production and cash‑flow catalyst for CVX. Iraq’s West Qurna 2 oilfield poised for output surge with Chevron, minister says
• Positive Sentiment: Coverage notes Chevron is reshaping its Middle East portfolio (West Qurna 2 and Jafurah moves), expanding both oil and gas/LNG exposure — strategic diversification that supports long‑term growth expectations. Chevron Reshapes Middle East Portfolio With West Qurna 2 And Jafurah Moves
• Positive Sentiment: Chevron sold a Venezuelan crude cargo to India’s Reliance — the first such sale since 2023 — showing trading flexibility and reopened commercial routes that can help downstream margins and cash generation. Chevron sells Venezuelan oil to India’s Reliance for the first time since 2023, ship data and sources say
• Positive Sentiment: High‑profile bullish commentary (e.g., Jim Cramer) and positive analyst notes have reinforced investor sentiment around CVX’s yield and capital allocation. Chevron (CVX)’s the Only Company I Would Buy Here, Says Jim Cramer
• Neutral Sentiment: Analysis pieces highlight Chevron negotiating for a stake in a massive Iraqi oilfield — a high‑reward but higher‑risk move; investors should weigh upside against execution/geopolitical risk. Chevron Is Negotiating for a Stake in a Massive Oilfield in Iraq. 2 Key Takeaways for Investors.
• Neutral Sentiment: Coverage on partnerships and peer comparisons (Hess, Shell) offers mixed views on valuation, production growth and capital allocation — useful context but not immediate drivers. Chevron: Forming A Strong Partner With Hess
• Negative Sentiment: Deal and execution risks remain: talks are not final, approvals and capex needs are significant, and geopolitical/legal issues around operator changes (Lukoil exit) could delay or limit upside. (No single article confirms a closed transaction.)

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.