Tableaux LLC Sells 4,794 Shares of Chevron Corporation $CVX

Tableaux LLC lessened its position in shares of Chevron Corporation (NYSE:CVX) by 44.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,034 shares of the oil and gas company’s stock after selling 4,794 shares during the quarter. Tableaux LLC’s holdings in Chevron were worth $874,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Tobias Financial Advisors Inc. boosted its holdings in shares of Chevron by 4.6% in the 4th quarter. Tobias Financial Advisors Inc. now owns 1,985 shares of the oil and gas company’s stock valued at $303,000 after acquiring an additional 88 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its holdings in Chevron by 6.2% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 6,884 shares of the oil and gas company’s stock worth $1,049,000 after buying an additional 400 shares in the last quarter. TritonPoint Partners LLC purchased a new stake in Chevron during the fourth quarter worth $1,046,000. Truvestments Capital LLC boosted its holdings in Chevron by 1.1% during the fourth quarter. Truvestments Capital LLC now owns 5,471 shares of the oil and gas company’s stock worth $834,000 after buying an additional 60 shares in the last quarter. Finally, Zinnia Wealth Advisory LLC purchased a new stake in Chevron during the fourth quarter worth $317,000. Institutional investors own 72.42% of the company’s stock.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron’s long-term growth outlook could improve if its newly expanded asset base from the Hess acquisition and upcoming projects in Argentina boost production and cash generation. Chevron Stock Is an Absolute Steal at 11 Times Forward Earnings
• Positive Sentiment: Some analysts still view CVX as attractively valued and have price targets above the current share price, suggesting upside if oil stabilizes. Chevron (CVX) Stock Sinks As Market Gains: Here’s Why
• Neutral Sentiment: Commentary from Jim Cramer highlighted Chevron during broader geopolitical discussions, but it did not point to any company-specific catalyst. Jim Cramer Discusses Chevron During Presidential War Related Talks
• Neutral Sentiment: Chevron’s Argentina investment push could reshape its growth profile over time, but the market appears focused today on oil’s sharp decline rather than this longer-term development. Chevron’s Argentina Push Reshapes Growth Outlook And Risk Profile
• Negative Sentiment: Crude prices fell to three-month lows on the U.S.-Iran deal news, pressuring integrated oil producers like Chevron as investors reduced expectations for near-term upstream profits and free cash flow. Oil Prices Slump to 3-Month Lows, Exxon and Chevron Stocks Fall After U.S., Iran Deal
• Negative Sentiment: Multiple reports said Chevron fell alongside the broader energy sector because the market expects lower crude realizations if geopolitical supply risks ease. Oil Prices Slump to 3-Month Lows, Exxon and Chevron Stocks Fall After U.S., Iran Deal

Analysts Set New Price Targets

CVX has been the topic of a number of recent analyst reports. Tudor Pickering raised shares of Chevron from a “hold” rating to a “buy” rating and set a $225.00 price target on the stock in a report on Thursday, April 9th. Zacks Research downgraded shares of Chevron from a “strong-buy” rating to a “hold” rating in a report on Monday, June 8th. TD Cowen increased their price target on shares of Chevron from $204.00 to $205.00 and gave the stock a “hold” rating in a report on Friday, May 8th. UBS Group increased their price target on shares of Chevron from $218.00 to $220.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Finally, Mizuho increased their price target on shares of Chevron from $225.00 to $230.00 and gave the stock an “outperform” rating in a report on Wednesday, May 27th. Eighteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $205.70.

Chevron Stock Performance

CVX opened at $180.49 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. The company has a market cap of $359.47 billion, a price-to-earnings ratio of 31.28, a PEG ratio of 0.61 and a beta of 0.48. Chevron Corporation has a 52-week low of $142.40 and a 52-week high of $214.71. The firm’s fifty day simple moving average is $188.38 and its two-hundred day simple moving average is $178.49.

Chevron (NYSE:CVX) last posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.41. The business had revenue of $47.56 billion for the quarter, compared to the consensus estimate of $51.86 billion. Chevron had a net margin of 5.79% and a return on equity of 6.90%. The company’s revenue was up 2.1% compared to the same quarter last year. During the same period last year, the firm posted $2.18 earnings per share. Equities analysts anticipate that Chevron Corporation will post 15.88 earnings per share for the current fiscal year.

Chevron Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 19th were given a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Tuesday, May 19th. Chevron’s dividend payout ratio is 123.40%.

Insider Transactions at Chevron

In other news, Director John B. Hess sold 380,000 shares of the stock in a transaction dated 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 directly owned 278,045 shares in the company, valued at $53,718,294. This represents a 57.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider R. Hewitt Pate sold 40,200 shares of the stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $213.30, for a total transaction of $8,574,660.00. Following the completion of the sale, the insider owned 8,638 shares of the company’s stock, valued at $1,842,485.40. This trade represents a 82.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 615,200 shares of company stock valued at $118,022,760 over the last quarter. Company insiders own 0.56% of the company’s stock.

Chevron 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.