Chevron Corporation $CVX Shares Bought by Capital International Inc. CA

Capital International Inc. CA boosted its stake in shares of Chevron Corporation (NYSE:CVX) by 572.9% during the 3rd quarter, Holdings Channel reports. The firm owned 51,017 shares of the oil and gas company’s stock after acquiring an additional 43,435 shares during the quarter. Capital International Inc. CA’s holdings in Chevron were worth $7,922,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of CVX. Decker Retirement Planning Inc. purchased a new stake in shares of Chevron during the third quarter valued at $34,000. Vermillion & White Wealth Management Group LLC increased its position in shares of Chevron by 86.1% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 118 shares during the period. Marquette Asset Management LLC purchased a new position in Chevron in the 3rd quarter worth $41,000. Barnes Dennig Private Wealth Management LLC lifted its position in Chevron by 306.1% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 268 shares of the oil and gas company’s stock worth $42,000 after acquiring an additional 202 shares during the period. Finally, Traub Capital Management LLC acquired a new stake in Chevron during the 2nd quarter worth about $46,000. Institutional investors and hedge funds own 72.42% of the company’s stock.

Wall Street Analyst Weigh In

CVX has been the topic of a number of research reports. Bank of America increased their price objective on Chevron from $188.00 to $206.00 and gave the company a “buy” rating in a report on Monday, March 2nd. TD Cowen upped their target price on Chevron from $160.00 to $168.00 and gave the company a “hold” rating in a research report on Monday, February 2nd. Barclays increased their price target on shares of Chevron from $158.00 to $166.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 21st. UBS Group reissued a “buy” rating and set a $212.00 price target on shares of Chevron in a research report on Monday, February 2nd. Finally, JPMorgan Chase & Co. upgraded shares of Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price objective for the company in a research note on Tuesday, January 20th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Chevron currently has a consensus rating of “Hold” and an average price target of $178.95.

Insider Activity

In other Chevron news, insider Andrew Benjamin Walz sold 11,600 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $188.58, for a total value of $2,187,528.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael K. Wirth sold 272,624 shares of the stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $189.35, for a total transaction of $51,621,354.40. Following the sale, the chief executive officer directly owned 31,266 shares in the company, valued at approximately $5,920,217.10. The trade was a 89.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,099,397 shares of company stock valued at $196,196,468 in the last three months. Corporate insiders own 0.20% of the company’s stock.

Chevron Stock Down 1.6%

Chevron stock opened at $186.38 on Wednesday. The business’s 50-day moving average price is $174.83 and its 200 day moving average price is $161.29. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.21. The firm has a market cap of $371.89 billion, a price-to-earnings ratio of 27.98, a price-to-earnings-growth ratio of 1.91 and a beta of 0.67. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $192.41.

Chevron (NYSE:CVX) last announced its quarterly earnings results 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 7.89% and a net margin of 6.51%.The company had revenue of $45.79 billion during the quarter, compared to the consensus estimate of $48.18 billion. During the same period in the previous year, the company posted $2.06 earnings per share. Chevron’s revenue for the quarter was down 10.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were paid a $1.78 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $7.12 annualized dividend and a dividend yield of 3.8%. This is an increase from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio (DPR) is presently 106.91%.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron confirmed a quarterly dividend of $1.78 per share (a 4% increase), continuing its multi‑decade dividend-growth record — a steady income driver that supports demand for CVX shares. Chevron Pays $1.78 Dividend Today
• Positive Sentiment: Chevron secured a five‑year gas supply deal with Horizon Power (14 PJ), reinforcing contracted cash flow and regional supply position in Western Australia. Chevron Secures Long-Term Gas Supply Deal
• Neutral Sentiment: Reports that Chevron was in talks to buy a stake in Brazil’s Ipiranga elevated M&A upside, but Ultrapar later issued a clarification about media reports — leaving deal prospects uncertain. Ultrapar Clarifies Media Report
• Neutral Sentiment: Earlier coverage (Reuters) said Ultrapar tapped BTG to explore an Ipiranga stake sale with reported Chevron interest — potential strategic upside if pursued, but not confirmed. Reuters: Ultrapar Taps BTG
• Negative Sentiment: Energy headlines drove intraday swings: Trump’s comment predicting a quick Iran conflict end and a false government social post caused oil to tumble after an earlier spike — that volatility pressured oil majors, including Chevron. Oil Prices Bounce As Iran Blockade Holds
• Negative Sentiment: Large insider selling was disclosed: R. Hewitt Pate sold ~47,200 shares at about $192 — a high-value sale that can undermine sentiment even if not company‑wide. SEC Form 4
• Negative Sentiment: Analyst and market commentary is mixed-to-cautious: pieces warning of a market top or that “smart money” is rethinking Chevron add to selling pressure. Seeking Alpha: Avoid Market Top Yahoo: Why the Smart Money May Be Abandoning
• Negative Sentiment: Operational/regulatory headlines — reports about suspending production at the Leviathan field and Chevron’s public clash with California policy makers — add localized risk narratives that can weigh on sentiment. InsiderMonkey: Leviathan Suspension Benzinga: Chevron Slams Newsom Policy

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.