Infinity Wealth Counsel LLC Acquires Shares of 5,527 Chevron Corporation $CVX

Infinity Wealth Counsel LLC bought a new stake in Chevron Corporation (NYSE:CVX) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,527 shares of the oil and gas company’s stock, valued at approximately $842,000.

Several other institutional investors have also recently made changes to their positions in CVX. United Bank grew its stake in shares of Chevron by 7.7% during the second quarter. United Bank now owns 11,079 shares of the oil and gas company’s stock valued at $1,586,000 after buying an additional 796 shares during the last quarter. Schnieders Capital Management LLC. lifted its stake in shares of Chevron by 9.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 50,839 shares of the oil and gas company’s stock worth $7,280,000 after acquiring an additional 4,214 shares during the last quarter. Leuthold Group LLC purchased a new position in Chevron during the 2nd quarter valued at $366,000. Everstar Asset Management LLC boosted its holdings in Chevron by 36.2% during the 2nd quarter. Everstar Asset Management LLC now owns 5,966 shares of the oil and gas company’s stock valued at $854,000 after acquiring an additional 1,585 shares during the period. Finally, Sepio Capital LP grew its position in Chevron by 20.7% in the 2nd quarter. Sepio Capital LP now owns 30,047 shares of the oil and gas company’s stock valued at $4,302,000 after acquiring an additional 5,154 shares during the last quarter. Institutional investors own 72.42% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on CVX shares. Barclays increased their target price on Chevron from $172.00 to $180.00 and gave the stock an “equal weight” rating in a research note on Monday, March 16th. Argus set a $203.00 price target on shares of Chevron in a report on Tuesday, February 3rd. TD Cowen raised their price target on shares of Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. UBS Group reiterated a “buy” rating and set a $212.00 price objective on shares of Chevron in a report on Monday, February 2nd. Finally, Citigroup boosted their price objective on shares of Chevron from $179.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Fourteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $186.50.

Chevron Price Performance

CVX opened at $210.67 on Tuesday. The company has a market capitalization of $420.37 billion, a price-to-earnings ratio of 31.63, a PEG ratio of 1.76 and a beta of 0.67. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. Chevron Corporation has a 12-month low of $132.04 and a 12-month high of $214.71. The business’s fifty day simple moving average is $186.41 and its 200-day simple moving average is $165.63.

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

Chevron Increases Dividend

The firm also recently announced 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 is a positive change from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $7.12 dividend on an annualized basis and a yield of 3.4%. Chevron’s payout ratio is 106.91%.

Insiders Place Their Bets

In other news, insider Andrew Benjamin Walz sold 11,600 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $188.58, for a total value of $2,187,528.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider R. Hewitt Pate sold 47,200 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $192.12, for a total transaction of $9,068,064.00. Following the transaction, the insider owned 8,558 shares in the company, valued at approximately $1,644,162.96. This represents a 84.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,099,397 shares of company stock worth $196,196,468. 0.20% of the stock is owned by corporate insiders.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analysts raised targets and upgraded the stock, supporting upside expectations and helping sentiment. Chevron (NYSE:CVX) Price Target Raised to $212.00
• Positive Sentiment: A cluster of California offshore platforms has restarted sales, sending crude to Chevron’s Los Angeles-area refinery — a near-term supply win for refining margins and throughput. Sable Restarts California Oil Sales, Sends Crude to Chevron
• Positive Sentiment: Multiple articles highlight upward earnings-estimate revisions and momentum characteristics for CVX, which can attract momentum-focused flows and support the stock if revisions continue. What Makes Chevron (CVX) a Strong Momentum Stock: Buy Now?
• Neutral Sentiment: Coverage summarizing Wall Street analyst views concludes many see CVX as a solid investment — useful for conviction but not an immediate catalyst absent rating moves or new guidance. Wall Street Analysts Think Chevron (CVX) Is a Good Investment: Is It?
• Neutral Sentiment: Valuation comparisons (e.g., Sasol vs. Chevron) provide context for value investors but don’t create immediate price pressure. SSL vs. CVX: Which Stock Is the Better Value Option?
• Neutral Sentiment: Broader energy-sector strength is a tailwind for majors like Chevron, but sector moves can be offset by company-specific news. Sector Update: Energy Stocks Rise Pre-Bell Monday
• Negative Sentiment: Storm damage at Chevron’s Wheatstone LNG plant in Australia will keep the facility offline for “a number of weeks,” tightening global LNG supply and raising near-term revenue/contract risk for CVX. Chevron says repairs to Wheatstone gas facility to take weeks
• Negative Sentiment: Cyclone-related outages across Australian LNG assets plus talk of a windfall-profits tax add regulatory and fiscal uncertainty that could curb margins or force higher charges on LNG proceeds. Cyclone Outages And Tax Threat Test Chevron’s Australian LNG Story
• Negative Sentiment: Geopolitical uncertainty tied to Iran prompted a public warning from Chevron’s CEO; such uncertainty can increase market volatility and cloud forward oil/demand assumptions. Chevron CEO sounds alarm as Trump puts a 10-day clock on Iran

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.