Chevron Corporation $CVX Holdings Lowered by Buck Wealth Strategies LLC

Buck Wealth Strategies LLC trimmed its stake in shares of Chevron Corporation (NYSE:CVX) by 52.5% in the 4th quarter, HoldingsChannel reports. The firm owned 4,046 shares of the oil and gas company’s stock after selling 4,468 shares during the quarter. Buck Wealth Strategies LLC’s holdings in Chevron were worth $617,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Dakota Wealth Management increased its holdings in shares of Chevron by 14.9% during the 4th quarter. Dakota Wealth Management now owns 83,265 shares of the oil and gas company’s stock valued at $12,690,000 after acquiring an additional 10,822 shares during the last quarter. Brooklyn FI LLC acquired a new stake in Chevron in the 3rd quarter valued at approximately $431,000. New York State Teachers Retirement System grew its holdings in Chevron by 15.3% in the 3rd quarter. New York State Teachers Retirement System now owns 1,620,231 shares of the oil and gas company’s stock valued at $251,606,000 after buying an additional 215,345 shares during the last quarter. Clear Trail Advisors LLC acquired a new stake in Chevron in the 4th quarter valued at approximately $10,167,000. Finally, Finemark National Bank & Trust lifted its position in shares of Chevron by 40.3% in the 3rd quarter. Finemark National Bank & Trust now owns 56,535 shares of the oil and gas company’s stock worth $8,779,000 after acquiring an additional 16,243 shares during the period. 72.42% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Chevron news, Vice Chairman Mark A. Nelson sold 139,600 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $187.92, for a total transaction of $26,233,632.00. Following the transaction, the insider owned 11,337 shares of the company’s stock, valued at $2,130,449.04. The trade was a 92.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider R. Hewitt Pate sold 58,000 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $188.65, for a total value of $10,941,700.00. Following the transaction, the insider directly owned 8,558 shares in the company, valued at approximately $1,614,466.70. This trade represents a 87.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 816,439 shares of company stock valued at $154,339,900. 0.56% of the stock is owned by insiders.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron’s first-quarter results beat profit expectations, with adjusted EPS of $1.41 versus the $0.97 consensus, reinforcing the company’s ability to generate earnings even amid volatile energy markets. Chevron (CVX) Reports Q1 Earnings: What Key Metrics Have to Say
• Positive Sentiment: Goldman Sachs raised its price target on Chevron and kept a Buy rating, citing improved confidence in cash flow, production, and shareholder return plans after the earnings report. Goldman Sachs gives Chevron stock price new target after earnings
• Positive Sentiment: Multiple research notes and articles highlighted Chevron as a dividend aristocrat and a long-term value play, which can support investor interest in the stock. 3 ‘Strong Buy’ Dividend Aristocrat Stocks, 5/8/26
• Positive Sentiment: TD Cowen nudged its price target higher to $205 while maintaining a Hold rating, and Erste Group also lifted its FY2027 earnings estimate, signaling still-constructive expectations for Chevron’s earnings outlook.
• Neutral Sentiment: Analysts and commentary also pointed to Chevron’s LNG strategy and South Asian export growth as a longer-term earnings driver, but this is more of a strategic backdrop than an immediate catalyst. Can Chevron’s South Asian LNG Strategy Drive Long-Term Growth?
• Negative Sentiment: Despite the earnings beat, Chevron’s revenue came in below Wall Street estimates, which may be tempering enthusiasm and contributing to the stock’s weakness. Chevron (CVX) Reports Q1 Earnings: What Key Metrics Have to Say

Chevron Stock Performance

Shares of Chevron stock opened at $181.37 on Friday. The firm has a market cap of $361.35 billion, a price-to-earnings ratio of 31.43, a price-to-earnings-growth ratio of 0.64 and a beta of 0.51. The stock’s 50-day moving average is $193.21 and its 200-day moving average is $172.09. Chevron Corporation has a one year low of $133.77 and a one year high of $214.71. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.15 and a quick ratio of 0.86.

Chevron (NYSE:CVX) last issued its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.41. Chevron had a return on equity of 7.01% and a net margin of 5.79%.The company had revenue of $47.56 billion for the quarter, compared to analyst estimates of $51.86 billion. During the same period in the previous year, the company posted $2.18 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. Equities analysts predict that Chevron Corporation will post 14.91 earnings per share for the current fiscal year.

Chevron Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Tuesday, May 19th will be issued a dividend of $1.78 per share. This represents a $7.12 annualized dividend and a yield of 3.9%. The ex-dividend date is Tuesday, May 19th. Chevron’s dividend payout ratio is presently 123.40%.

Analyst Ratings Changes

A number of analysts have commented on CVX shares. Wells Fargo & Company raised their price objective on Chevron from $204.00 to $222.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. TD Cowen lifted their price objective on Chevron from $204.00 to $205.00 and gave the company a “hold” rating in a research report on Friday. Mizuho lifted their target price on Chevron from $206.00 to $217.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. HSBC raised Chevron from a “hold” rating to a “buy” rating and set a $215.00 target price for the company in a research note on Friday, March 20th. Finally, Wall Street Zen raised Chevron from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Chevron has a consensus rating of “Moderate Buy” and a consensus target price of $202.74.

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.