Chevron Corporation $CVX Stake Boosted by Advisors Capital Management LLC

Advisors Capital Management LLC boosted its holdings in Chevron Corporation (NYSE:CVX) by 5.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 596,608 shares of the oil and gas company’s stock after purchasing an additional 30,955 shares during the quarter. Chevron makes up about 1.1% of Advisors Capital Management LLC’s investment portfolio, making the stock its 17th largest holding. Advisors Capital Management LLC’s holdings in Chevron were worth $92,647,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. White Knight Strategic Wealth Advisors LLC boosted its position in Chevron by 3.0% during the 2nd quarter. White Knight Strategic Wealth Advisors LLC now owns 2,230 shares of the oil and gas company’s stock valued at $319,000 after purchasing an additional 65 shares during the period. Vishria Bird Financial Group LLC lifted its holdings in Chevron by 1.2% in 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 during the period. Nexus Investment Management ULC boosted its holdings in shares of Chevron by 0.9% in the third quarter. Nexus Investment Management ULC now owns 7,641 shares of the oil and gas company’s stock valued at $1,187,000 after acquiring an additional 65 shares in the last quarter. Scott & Selber Inc. increased its position in shares of Chevron by 0.5% during the 3rd quarter. Scott & Selber Inc. now owns 13,391 shares of the oil and gas company’s stock valued at $2,079,000 after purchasing an additional 65 shares during the period. Finally, Rakuten Securities Inc. raised its stake in shares of Chevron by 7.4% in the 2nd quarter. Rakuten Securities Inc. now owns 961 shares of the oil and gas company’s stock worth $138,000 after buying an additional 66 shares in the last quarter. 72.42% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Chevron

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on CVX shares. Wall Street Zen raised shares of Chevron from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Morgan Stanley reduced their target price on shares of Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. UBS Group restated a “buy” rating and issued a $212.00 price target on shares of Chevron in a research report on Monday, February 2nd. HSBC downgraded Chevron from a “buy” rating to a “hold” rating and set a $180.00 price objective for the company. in a research report on Monday, February 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Chevron in a report on Wednesday, January 21st. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, Chevron has a consensus rating of “Hold” and an average target price of $176.36.

Insider Transactions at Chevron

In other news, CFO Eimear P. Bonner sold 32,100 shares of the stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $175.01, for a total value of $5,617,821.00. Following the completion of the sale, the chief financial officer directly owned 4,366 shares of the company’s stock, valued at $764,093.66. This represents a 88.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Vice Chairman Mark A. Nelson sold 45,800 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider owned 7,161 shares of the company’s stock, valued at approximately $1,247,231.37. This represents a 86.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 806,027 shares of company stock worth $130,289,680. 0.20% of the stock is currently owned by company insiders.

Chevron Stock Down 1.8%

Shares of NYSE:CVX opened at $180.39 on Wednesday. The firm has a 50 day simple moving average of $163.85 and a 200 day simple moving average of $157.88. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $186.52. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 1.15. The company has a market cap of $363.22 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 12.16 and a beta of 0.70.

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

Chevron Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Tuesday, February 17th. This is a positive change from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 annualized dividend and a yield of 3.9%. Chevron’s payout ratio is presently 102.70%.

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.