Yousif Capital Management LLC Sells 17,975 Shares of Chevron Corporation $CVX

Yousif Capital Management LLC cut its stake in shares of Chevron Corporation (NYSE:CVX) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 283,470 shares of the oil and gas company’s stock after selling 17,975 shares during the period. Chevron comprises approximately 0.5% of Yousif Capital Management LLC’s investment portfolio, making the stock its 20th largest holding. Yousif Capital Management LLC’s holdings in Chevron were worth $46,858,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the stock. Barlow Wealth Partners LLC lifted its stake in Chevron by 1.1% during the 4th quarter. Barlow Wealth Partners LLC now owns 5,363 shares of the oil and gas company’s stock valued at $869,000 after acquiring an additional 60 shares in the last quarter. TigerOak Management L.L.C. lifted its stake in Chevron by 0.7% during the 4th quarter. TigerOak Management L.L.C. now owns 9,020 shares of the oil and gas company’s stock valued at $1,375,000 after acquiring an additional 62 shares in the last quarter. Wilkins Miller Wealth Management LLC lifted its stake in Chevron by 0.7% during the 4th quarter. Wilkins Miller Wealth Management LLC now owns 8,645 shares of the oil and gas company’s stock valued at $1,318,000 after acquiring an additional 63 shares in the last quarter. Vishria Bird Financial Group LLC lifted its stake in Chevron by 1.2% during the 3rd quarter. Vishria Bird Financial Group LLC now owns 5,285 shares of the oil and gas company’s stock valued at $821,000 after acquiring an additional 65 shares in the last quarter. Finally, Nexus Investment Management ULC lifted its stake in Chevron by 0.9% during the 3rd 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. 72.42% of the stock is currently owned by institutional investors.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: BMO Capital raised its price target on Chevron to $205 (from $200) and kept an Outperform rating, citing higher Q1 assumptions amid the Iran war and volatile oil markets — a near-term analyst boost for the stock. BMO Capital Boosts Chevron (CVX) Target, Sees Wide Range for Oil Prices
• Positive Sentiment: Chevron resumed production at the Leviathan gas field and added pipeline/platform capacity, improving near‑term gas volumes and export optionality (Israel, Egypt, Jordan, Europe) that supports CVX’s upstream gas growth profile. Chevron Leviathan Restart And Capacity Lift Feed Into CVX Story
• Positive Sentiment: Geopolitical supply risk — including reported U.S. strikes on Kharg Island and Strait of Hormuz tensions — pushed oil above $110, boosting revenue/margin expectations for integrated producers like Chevron. Higher spot oil supports cash flow, dividends and buyback capacity. US Strikes Iran’s Kharg Island as Hormuz Deadline Nears; Oil Surges Above $110
• Neutral Sentiment: Sector technicals and analyst upgrades underpin XLE and its top holdings (Chevron is ~17% of XLE), but MarketBeat flags a near-term pullback/“dark cloud” candle — supportive longer-term earnings trends but potential short-term consolidation. XLE ETF Hits Peak: What Comes Next May Surprise You
• Neutral Sentiment: Retail flows into stocks dropped sharply from January highs, but historical April seasonality tends to favor bulls — a mixed signal that could limit downside if institutional buying continues. Retail Stock Buying Drops 50% From January Highs as Sellers Take Over
• Negative Sentiment: Barron’s warned the energy sector may lag during broader market rallies, noting short-term selling pressure can hit oil names even as oil prices stay elevated — a reminder of potential volatility and rotation risk for CVX. Exxon, Chevron, More Oil Stocks Fall. Get Used To It.

Insider Buying and Selling

In related news, insider Alana K. Knowles sold 2,408 shares of Chevron stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $183.28, for a total value of $441,338.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael K. Wirth sold 272,624 shares of Chevron stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $189.35, for a total value of $51,621,354.40. Following the completion of the sale, the chief executive officer directly owned 31,266 shares of the company’s stock, valued at approximately $5,920,217.10. This trade represents a 89.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 782,607 shares of company stock worth $146,510,571 in the last quarter. 0.21% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have weighed in on CVX. BMO Capital Markets restated an “outperform” rating and set a $190.00 price objective on shares of Chevron in a research note on Monday, February 2nd. TD Cowen raised their price objective on Chevron from $160.00 to $168.00 and gave the company a “hold” rating in a research note on Monday, February 2nd. Piper Sandler raised their price objective on Chevron from $179.00 to $242.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. Melius Research upgraded Chevron from a “hold” rating to a “buy” rating and set a $205.00 price objective on the stock in a research note on Tuesday, February 17th. Finally, Argus set a $203.00 target price on Chevron in a research note on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $187.64.

Chevron Trading Up 1.3%

Shares of CVX opened at $201.37 on Wednesday. The business has a 50-day moving average of $190.43 and a 200 day moving average of $167.42. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $214.71. The firm has a market cap of $401.82 billion, a P/E ratio of 30.24, a price-to-earnings-growth ratio of 1.66 and a beta of 0.60. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 1.15.

Chevron (NYSE:CVX) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $48.18 billion. During the same quarter last year, the firm posted $2.06 EPS. The firm’s revenue for the quarter was down 10.2% on a year-over-year basis. As a group, research analysts forecast that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were issued a $1.78 dividend. This is an increase from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $7.12 annualized dividend and a yield of 3.5%. Chevron’s payout ratio is 106.91%.

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.