Chevron Corporation $CVX Shares Bought by Drucker Wealth 3.0 LLC

Drucker Wealth 3.0 LLC lifted its holdings in Chevron Corporation (NYSE:CVX) by 95.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 20,009 shares of the oil and gas company’s stock after purchasing an additional 9,791 shares during the quarter. Drucker Wealth 3.0 LLC’s holdings in Chevron were worth $3,107,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. White Knight Strategic Wealth Advisors LLC lifted its stake in shares of Chevron by 3.0% in the 2nd quarter. White Knight Strategic Wealth Advisors LLC now owns 2,230 shares of the oil and gas company’s stock worth $319,000 after acquiring an additional 65 shares during the period. Vishria Bird Financial Group LLC raised its holdings in Chevron by 1.2% during the third quarter. Vishria Bird Financial Group LLC now owns 5,285 shares of the oil and gas company’s stock worth $821,000 after purchasing an additional 65 shares in the last quarter. Nexus Investment Management ULC raised its holdings in Chevron by 0.9% during the third quarter. Nexus Investment Management ULC now owns 7,641 shares of the oil and gas company’s stock worth $1,187,000 after purchasing an additional 65 shares in the last quarter. Scott & Selber Inc. lifted its position in Chevron by 0.5% in the third quarter. Scott & Selber Inc. now owns 13,391 shares of the oil and gas company’s stock worth $2,079,000 after purchasing an additional 65 shares during the period. Finally, Rakuten Securities Inc. boosted its stake in Chevron by 7.4% during the 2nd quarter. Rakuten Securities Inc. now owns 961 shares of the oil and gas company’s stock valued at $138,000 after purchasing an additional 66 shares in the last quarter. 72.42% of the stock is currently owned by institutional investors.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron-led consortium awarded four offshore lease blocks in Greece, giving Chevron a 70% operating interest and expanding its Mediterranean exploration footprint — a tangible long‑term growth/reserves catalyst. Article Title
• Positive Sentiment: Chevron announced a larger dividend payout to shareholders, reinforcing its income appeal for yield‑seeking investors as Treasury yields have softened. This supports investor demand for blue‑chip energy dividend names. Article Title
• Neutral Sentiment: CVX is a trending ticker on Zacks and other outlets; several write‑ups are re‑examining Chevron’s outlook and positioning relative to peers, which can increase short‑term volume and volatility without changing fundamentals. Article Title
• Neutral Sentiment: Sector commentary notes that integrated energy names like Chevron are generating strong cash flow but still trade at discounts to the broader market — a mixed signal that may keep valuation debates active among investors. Article Title
• Negative Sentiment: Despite Melius Research upgrading CVX to a “buy” and raising its price target to $205 (from $155), the market largely ignored the move and shares declined — suggesting the upgrade alone isn’t changing investor conviction and that short‑term selling/rotation is outweighing fresh positive analyst views. Article Title

Chevron Stock Performance

Chevron stock opened at $180.39 on Wednesday. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $186.52. The firm’s 50 day simple moving average is $163.85 and its 200-day simple moving average is $157.88. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. The company has a market cap of $363.22 billion, a P/E ratio of 27.09, a price-to-earnings-growth ratio of 12.16 and a beta of 0.70.

Chevron (NYSE:CVX) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. Chevron had a net margin of 6.51% and a return on equity of 8.23%. The firm had revenue of $45.79 billion during the quarter, compared to analyst estimates of $48.18 billion. During the same quarter last year, the business posted $2.06 EPS. The company’s revenue was down 10.2% on a year-over-year basis. As a group, equities research analysts predict that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be paid a $1.78 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $7.12 annualized dividend and a yield of 3.9%. This is an increase from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio (DPR) is currently 102.70%.

Insider Activity

In related news, CFO Eimear P. Bonner sold 32,100 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $175.01, for a total transaction of $5,617,821.00. Following the completion of the sale, the chief financial officer directly owned 4,366 shares in the company, valued at approximately $764,093.66. This trade represents a 88.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Thomas Ryder Booth sold 1,122 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $182.37, for a total transaction of $204,619.14. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 806,027 shares of company stock worth $130,289,680. Corporate insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Wells Fargo & Company boosted their price objective on Chevron from $196.00 to $204.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. Morgan Stanley decreased their target price on Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. TD Cowen boosted their price target on shares of Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Sanford C. Bernstein upped their price target on shares of Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a report on Monday, January 5th. Finally, Jefferies Financial Group lifted their price objective on shares of Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $176.36.

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.