Kinsale Capital Group Inc. Acquires 2,935 Shares of Chevron Corporation $CVX

Kinsale Capital Group Inc. raised its holdings in Chevron Corporation (NYSE:CVX) by 6.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 47,392 shares of the oil and gas company’s stock after acquiring an additional 2,935 shares during the quarter. Kinsale Capital Group Inc.’s holdings in Chevron were worth $7,359,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Correct Capital Wealth Management boosted its position in shares of Chevron by 2.0% during the third quarter. Correct Capital Wealth Management now owns 13,191 shares of the oil and gas company’s stock worth $2,048,000 after purchasing an additional 253 shares in the last quarter. Boyd Watterson Asset Management LLC OH grew its holdings in shares of Chevron by 1.7% during the third quarter. Boyd Watterson Asset Management LLC OH now owns 18,649 shares of the oil and gas company’s stock worth $2,896,000 after buying an additional 307 shares in the last quarter. Lowe Brockenbrough & Co. Inc. lifted its position in shares of Chevron by 2.9% in the third quarter. Lowe Brockenbrough & Co. Inc. now owns 129,574 shares of the oil and gas company’s stock worth $20,122,000 after purchasing an additional 3,703 shares in the last quarter. Azzad Asset Management Inc. ADV boosted its stake in shares of Chevron by 4.4% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 17,256 shares of the oil and gas company’s stock worth $2,680,000 after buying an additional 731 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in Chevron by 39.6% during the third quarter. Smartleaf Asset Management LLC now owns 29,887 shares of the oil and gas company’s stock valued at $4,666,000 after purchasing an additional 8,482 shares during the last quarter. Institutional investors own 72.42% of the company’s stock.

Insider Buying and Selling at Chevron

In other Chevron news, CEO Michael K. Wirth sold 320,700 shares of Chevron stock in a transaction on Monday, January 5th. The shares were sold at an average price of $162.99, for a total value of $52,270,893.00. Following the completion of the sale, the chief executive officer directly owned 14,450 shares of the company’s stock, valued at approximately $2,355,205.50. The trade was a 95.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Vice Chairman Mark A. Nelson sold 45,800 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $174.17, for a total transaction of $7,976,986.00. Following the transaction, the insider directly owned 7,161 shares in the company, valued at $1,247,231.37. This trade represents a 86.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 793,158 shares of company stock valued at $127,919,578 over the last 90 days. Insiders own 0.21% of the company’s stock.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analyst upgrades and target‑price lifts have driven fresh buying and helped push CVX to new 12‑month highs, supporting momentum. How Recent Analyst Shifts Are Rewriting The Story For Chevron (CVX)
• Positive Sentiment: Company raised the quarterly dividend to $1.78 (ex‑dividend Feb. 17) — a yield near 4% — which attracts income investors and supports the equity multiple. MarketBeat CVX Profile
• Positive Sentiment: Chevron is pursuing production expansion in OPEC‑linked countries and signed an initial offshore MOU involving Syrian waters — potential long‑term reserves upside if geopolitics/sanctions allow. These strategic moves underpin growth expectations. Trump Is Remaking the Global Oil Market, and Exxon and Chevron Want In
• Positive Sentiment: Q4: EPS topped estimates and management reiterated ~10% cash‑flow and production CAGR targets for 2026, which supports forward free cash‑flow expectations and buyback/dividend capacity. Chevron Earnings
• Neutral Sentiment: Leadership reshuffle (internal promotions/retirements) announced for strategy/trading/business development — succession appears organized but is unlikely to change fundamentals immediately. Chevron names new heads of strategy, trading, business development
• Neutral Sentiment: After January’s strong run, valuation checks and analyst commentary note CVX may be partially priced for optimism — investors are debating whether further upside is justified absent stronger top‑line recovery. Chevron (CVX) Valuation Check After Recent Share Price Momentum
• Negative Sentiment: Significant insider selling: filings show multi‑million dollar sales by the CFO, vice chairman, CTO and other senior execs over Feb. 3–5. Heavy insider exits are being read as profit‑taking and can sap sentiment short‑term. Insider Selling: Chevron CFO Sells
• Negative Sentiment: Q4 revenue missed estimates and was down year‑over‑year, underscoring near‑term demand/price pressure despite the EPS beat — investors may trim positions until revenue trends stabilize. Chevron Earnings

Chevron Price Performance

CVX stock opened at $181.06 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19. The firm has a market cap of $364.57 billion, a price-to-earnings ratio of 27.19, a PEG ratio of 12.11 and a beta of 0.70. The company’s fifty day simple moving average is $159.30 and its 200 day simple moving average is $156.45. Chevron Corporation has a 12-month low of $132.04 and a 12-month high of $182.59.

Chevron (NYSE:CVX) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. Chevron had a return on equity of 8.23% and a net margin of 6.51%.The company had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. During the same period in the previous year, the business earned $2.06 EPS. The firm’s revenue was down 10.2% compared to the same quarter last year. On average, analysts expect that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be given a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Tuesday, February 17th. This is a boost from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio is presently 102.70%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CVX. Jefferies Financial Group boosted their target price on Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. JPMorgan Chase & Co. raised Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price objective for the company in a report on Tuesday, January 20th. UBS Group restated a “buy” rating and issued a $212.00 target price on shares of Chevron in a research report on Monday, February 2nd. Zacks Research upgraded Chevron from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Finally, Scotiabank reissued a “sector perform” rating and issued a $168.00 price objective on shares of Chevron in a research note on Friday, January 16th. Twelve investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Chevron has a consensus rating of “Hold” and a consensus price target of $175.00.

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.