Greenleaf Trust Has $5.42 Million Stock Holdings in Chevron Corporation $CVX

Greenleaf Trust decreased its holdings in Chevron Corporation (NYSE:CVX) by 14.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 34,916 shares of the oil and gas company’s stock after selling 6,030 shares during the period. Greenleaf Trust’s holdings in Chevron were worth $5,422,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Perigon Wealth Management LLC boosted its holdings in Chevron by 19.3% during the 3rd quarter. Perigon Wealth Management LLC now owns 73,448 shares of the oil and gas company’s stock worth $11,406,000 after acquiring an additional 11,875 shares during the last quarter. Solitude Financial Services raised its stake in shares of Chevron by 8.2% during the 2nd quarter. Solitude Financial Services now owns 25,325 shares of the oil and gas company’s stock worth $3,626,000 after purchasing an additional 1,913 shares during the period. Pictet North America Advisors SA purchased a new position in shares of Chevron in the 3rd quarter worth about $5,662,000. Shell Asset Management Co. increased its holdings in Chevron by 21.4% during the second quarter. Shell Asset Management Co. now owns 51,115 shares of the oil and gas company’s stock worth $7,319,000 after buying an additional 9,002 shares during the last quarter. Finally, Mutual Advisors LLC raised its position in Chevron by 7.3% in the second quarter. Mutual Advisors LLC now owns 88,759 shares of the oil and gas company’s stock worth $13,743,000 after acquiring an additional 6,058 shares during the period. 72.42% of the stock is currently owned by institutional investors.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron is the only major U.S. oil company still operating in Venezuela and has been exporting barrels to the U.S., giving it a practical first‑mover advantage if Venezuela production is rebuilt quickly. Venezuela’s oil deliveries to Asia at standstill, Chevron’s exports flowing -shipping data
• Positive Sentiment: Bank of America Securities reiterated a Buy on CVX, signaling institutional support that could limit downside if the Venezuela story progresses. Chevron (CVX) Gets a Buy from Bank of America Securities
• Neutral Sentiment: Market commentary frames Venezuela as a multi‑year reconstruction opportunity (huge capex needed). That supports a bullish thesis but implies long timelines before material EPS upside. The Caracas Catalyst: Big Oil’s $100 Billion Opportunity
• Neutral Sentiment: Chevron trimmed or sold some Angolan offshore stakes (Shell deal), a deal that shifts asset mix but is not immediate operational news for the Venezuela-driven move. Shell buys stakes in Angolan offshore blocks from Chevron
• Negative Sentiment: Profit‑taking and a “reality check” on Venezuela’s huge rebuild needs are driving the pullback: analysts and reporters warn operations, legal and logistics hurdles mean upside may be slower and riskier than initial headlines implied. Chevron’s stock falls as the market gets a reality check on Venezuela
• Negative Sentiment: Multiple stories flag that some buyers — notably in Asia/China — have paused loadings, and shipping data shows deliveries to Asia are disrupted; that raises near‑term demand and cash‑flow uncertainty for Venezuelan barrels. Chevron continues to ship Venezuelan oil, but loading on hold for Chinese buyers, shipping data shows
• Negative Sentiment: Analysts and columnists caution the Venezuela catalyst could be a “trap” — upside priced in quickly; long timelines, infrastructure damage and legal/regulatory complexity could trigger further pullbacks. This explains today’s slide that reversed earlier gains. Is Venezuelan Catalyst A Trap For Chevron Stock?

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on CVX shares. Wells Fargo & Company increased their price objective on Chevron from $190.00 to $196.00 and gave the company an “overweight” rating in a report on Friday, November 14th. Barclays dropped their price target on Chevron from $160.00 to $158.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 7th. Sanford C. Bernstein lifted their price objective on Chevron from $170.00 to $172.00 and gave the stock a “market perform” rating in a report on Monday. Raymond James Financial restated an “outperform” rating and issued a $160.00 price objective (down from $170.00) on shares of Chevron in a research note on Friday, October 17th. Finally, UBS Group reiterated a “buy” rating on shares of Chevron in a research report on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $166.90.

Chevron Price Performance

CVX stock opened at $156.82 on Wednesday. The firm has a 50 day moving average of $152.10 and a 200-day moving average of $153.26. The firm has a market capitalization of $315.77 billion, a P/E ratio of 22.06, a price-to-earnings-growth ratio of 10.26 and a beta of 0.70. Chevron Corporation has a 12 month low of $132.04 and a 12 month high of $168.96. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19.

Chevron (NYSE:CVX) last posted its earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.71 by $0.14. Chevron had a net margin of 6.57% and a return on equity of 8.74%. The business had revenue of $48.17 billion for the quarter, compared to analysts’ expectations of $46.99 billion. During the same period in the prior year, the company posted $2.48 EPS. The business’s revenue for the quarter was down 1.9% compared to the same quarter last year. As a group, sell-side analysts predict that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Tuesday, November 18th were given a dividend of $1.71 per share. This represents a $6.84 annualized dividend and a yield of 4.4%. The ex-dividend date was Tuesday, November 18th. Chevron’s payout ratio is presently 96.20%.

Insider Buying and Selling

In other Chevron news, Director John B. Hess sold 275,000 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $150.75, for a total value of $41,456,250.00. Following the transaction, the director directly owned 1,128,045 shares in the company, valued at $170,052,783.75. This represents a 19.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.20% of the stock is currently owned by insiders.

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.