Bokf Na Acquires 28,335 Shares of Chevron Corporation $CVX

Bokf Na boosted its holdings in Chevron Corporation (NYSE:CVX) by 16.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 203,663 shares of the oil and gas company’s stock after purchasing an additional 28,335 shares during the quarter. Bokf Na’s holdings in Chevron were worth $31,627,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Decker Retirement Planning Inc. purchased a new position in shares of Chevron in the third quarter worth $34,000. Vermillion & White Wealth Management Group LLC grew its stake in Chevron by 86.1% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 118 shares in the last quarter. Marquette Asset Management LLC purchased a new position in Chevron during the third quarter valued at $41,000. Barnes Dennig Private Wealth Management LLC increased its holdings in Chevron by 306.1% in 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 acquiring an additional 202 shares during the last quarter. Finally, Traub Capital Management LLC purchased a new stake in Chevron in the 2nd quarter worth $46,000. 72.42% of the stock is owned by hedge funds and other institutional investors.

Chevron Stock Performance

Shares of NYSE:CVX opened at $191.73 on Thursday. The firm has a fifty day simple moving average of $175.61 and a two-hundred day simple moving average of $161.50. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $192.41. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $382.57 billion, a P/E ratio of 28.79, a PEG ratio of 1.87 and a beta of 0.67.

Chevron (NYSE:CVX) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.08. The firm had revenue of $45.79 billion for the quarter, compared to analysts’ expectations of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 7.89%. The business’s revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the company earned $2.06 EPS. On average, analysts expect that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were given a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a yield of 3.7%. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date was Tuesday, February 17th. Chevron’s dividend payout ratio (DPR) is currently 106.91%.

Insiders Place Their Bets

In related news, insider R. Hewitt Pate sold 47,200 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $192.12, for a total transaction of $9,068,064.00. Following the sale, the insider owned 8,558 shares in the company, valued at approximately $1,644,162.96. This represents a 84.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Andrew Benjamin Walz sold 11,600 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $188.58, for a total value of $2,187,528.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,099,397 shares of company stock worth $196,196,468. 0.21% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on CVX. BMO Capital Markets reissued an “outperform” rating and set a $190.00 price objective on shares of Chevron in a report on Monday, February 2nd. Piper Sandler reduced their target price on Chevron from $178.00 to $174.00 and set an “overweight” rating on the stock in a report on Thursday, January 8th. Bank of America boosted their target price on Chevron from $188.00 to $206.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Zacks Research raised Chevron from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. Finally, JPMorgan Chase & Co. upgraded 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. Thirteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, Chevron presently has a consensus rating of “Hold” and an average price target of $178.95.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Oil prices climbed on escalating Strait of Hormuz risk and market concern over Middle East supply, which lifts revenue prospects for integrated producers like Chevron. The IEA to Release Record Amount of Oil From Reserves. Why Crude Prices Are Higher.
• Positive Sentiment: Chevron is reported to be closing in on major Venezuelan production deals alongside Shell — potential long‑term volume upside if agreements are finalized. Chevron & Shell Eye Major Oil Deals to Revive Venezuela Output
• Positive Sentiment: Chevron was a top bidder in a U.S. Gulf of Mexico lease sale, signaling continued capital deployment into upstream capacity that could boost future production. BP, Chevron are top spenders at small US Gulf of Mexico oil and gas auction
• Positive Sentiment: Dividend and payout: Chevron paid a $1.78 quarterly dividend (a 4% increase), supporting demand from income‑oriented investors. Chevron Pays $1.78 Dividend Today Backed by 39 Years of Unbroken Growth
• Neutral Sentiment: Macro and company rumors: reports of possible downstream or bolt‑on interest (e.g., Brazil/Ipiranga) and analyst chatter keep M&A speculation alive but nothing definitive yet. Ultrapar Clarifies Media Report on Possible Chevron Deal for Ipiranga Stake
• Neutral Sentiment: Market volatility is the dominant driver — rapid swings tied to geopolitical headlines and mixed government statements are amplifying day‑to‑day moves for CVX. Here’s Why Oil Prices Are Surging Right Now
• Negative Sentiment: U.S. political discussion of tapping the Strategic Petroleum Reserve to lower consumer energy costs (Trump comments) could cap oil prices and pressure integrated producers’ near‑term margins. Iran war: Trump says he’ll tap Strategic Petroleum Reserve to cut energy costs
• Negative Sentiment: Insider selling: a recent SEC filing shows a senior Chevron insider sold shares (~47,200 at ~$192) — some investors view such sales as a cue to reduce exposure. SEC Form 4 — Insider Sale
• Negative Sentiment: De‑escalation headlines (expectations of a quick end to the Iran conflict) have previously triggered sharp crude pullbacks that pressured CVX after recent gains — reinforces downside risk on positive news fades. ExxonMobil and Chevron tumble as Trump predicts swift end to Iran conflict

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.