Chevron Corporation $CVX Shares Sold by Severin Investments LLC

Severin Investments LLC reduced its holdings in Chevron Corporation (NYSE:CVX) by 49.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,440 shares of the oil and gas company’s stock after selling 3,365 shares during the period. Severin Investments LLC’s holdings in Chevron were worth $524,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Strategic Wealth Advisors LLC acquired a new stake in Chevron in the fourth quarter valued at approximately $33,000. Daytona Street Capital LLC acquired a new stake in Chevron in the fourth quarter valued at approximately $44,000. Maseco LLP acquired a new stake in Chevron in the fourth quarter valued at approximately $49,000. Turning Point Benefit Group Inc. acquired a new stake in Chevron in the third quarter valued at approximately $49,000. Finally, High Point Wealth Management LLC acquired a new stake in Chevron in the fourth quarter valued at approximately $53,000. 72.42% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Chevron news, insider Andrew Benjamin Walz sold 11,600 shares of Chevron 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. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director John B. Hess sold 380,000 shares of Chevron stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $193.20, for a total value of $73,416,000.00. Following the completion of the sale, the director owned 278,045 shares in the company, valued at $53,718,294. This represents a 57.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,179,699 shares of company stock valued at $224,675,517 in the last 90 days. 0.56% of the stock is owned by insiders.

Chevron Stock Performance

Shares of Chevron stock opened at $182.24 on Thursday. Chevron Corporation has a one year low of $135.21 and a one year high of $214.71. The company has a market cap of $362.95 billion, a price-to-earnings ratio of 31.58, a PEG ratio of 0.61 and a beta of 0.51. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 1.09. The business’s 50 day moving average price is $192.89 and its 200 day moving average price is $175.45.

Chevron (NYSE:CVX) last announced its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.41. Chevron had a return on equity of 6.90% and a net margin of 5.79%.The firm had revenue of $47.56 billion for the quarter, compared to the consensus estimate of $51.86 billion. During the same quarter last year, the business posted $2.18 earnings per share. The firm’s revenue was up 2.1% compared to the same quarter last year. On average, research analysts predict that Chevron Corporation will post 15.74 EPS for the current year.

Chevron Announces Dividend

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

Analyst Upgrades and Downgrades

CVX has been the topic of a number of research analyst reports. HSBC raised Chevron from a “hold” rating to a “buy” rating and set a $215.00 price target on the stock in a research note on Friday, March 20th. Bank of America lifted their price target on Chevron from $188.00 to $206.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $220.00 price target on shares of Chevron in a research note on Tuesday, May 5th. UBS Group lifted their price target on Chevron from $218.00 to $220.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, Citigroup lifted their price target on Chevron from $210.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, April 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $205.70.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Mizuho raised its price target on Chevron to $230 and kept an outperform rating, signaling expectations for meaningful upside from current levels.
• Positive Sentiment: RBC Capital and UBS remained bullish after strong Q1 results, reinforcing the view that Chevron’s earnings strength and free cash flow can support the shares.
• Positive Sentiment: New coverage highlighted Chevron as a top high-yield energy name, with analysts emphasizing its dividend appeal and resilience for long-term income investors.
• Positive Sentiment: Chevron shareholders rejected a proposal for an independent board chair, which preserves the company’s current leadership structure and may be seen as a vote of confidence in management. Reuters article
• Neutral Sentiment: Multiple articles continued to frame Chevron as a durable, income-oriented energy stock, but these pieces were mostly commentary rather than new company-specific catalysts.
• Neutral Sentiment: Reports about Chevron’s Mediterranean gas expansion and recent valuation checks suggest long-term growth potential, though they did not provide a fresh short-term catalyst.
• Negative Sentiment: Some market commentary noted that Chevron is already trading at a premium to recent levels, which may be encouraging investors to wait for a better entry point.

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.