Winning Points Advisors LLC Purchases Shares of 5,147 Chevron Corporation $CVX

Winning Points Advisors LLC bought a new position in Chevron Corporation (NYSE:CVX) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,147 shares of the oil and gas company’s stock, valued at approximately $784,000. Chevron comprises about 0.7% of Winning Points Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding.

Several other large investors have also made changes to their positions in CVX. Vanguard Group Inc. grew its holdings in shares of Chevron by 17.9% in the 3rd quarter. Vanguard Group Inc. now owns 183,790,028 shares of the oil and gas company’s stock worth $28,540,753,000 after purchasing an additional 27,961,463 shares during the last quarter. Norges Bank acquired a new position in Chevron during the 4th quarter worth about $3,727,586,000. State Street Corp lifted its position in Chevron by 9.1% during the 3rd quarter. State Street Corp now owns 152,605,988 shares of the oil and gas company’s stock worth $23,698,184,000 after buying an additional 12,789,399 shares in the last quarter. Primecap Management Co. CA acquired a new position in Chevron during the 3rd quarter worth about $988,083,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Chevron by 822.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,211,258 shares of the oil and gas company’s stock worth $946,658,000 after buying an additional 5,537,580 shares in the last quarter. Institutional investors own 72.42% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on CVX shares. UBS Group upped their price target on shares of Chevron from $218.00 to $220.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Wells Fargo & Company upped their price target on shares of Chevron from $204.00 to $222.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. The Goldman Sachs Group reiterated a “buy” rating and set a $216.00 price target on shares of Chevron in a research report on Wednesday, May 6th. Tudor Pickering upgraded shares of Chevron from a “hold” rating to a “buy” rating and set a $225.00 price target on the stock in a research report on Thursday, April 9th. Finally, Mizuho upped their price target on shares of Chevron from $225.00 to $230.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 27th. Eighteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $205.70.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Erste Group Bank raised its FY2026 EPS estimate for Chevron, signaling stronger earnings expectations and potentially better profit outlook for the company. Chevron analyst estimate update
• Positive Sentiment: Erste Group also increased its FY2027 EPS estimate, reinforcing the view that Chevron’s earnings power may remain solid over the next several years. Chevron analyst estimate update
• Positive Sentiment: Analysts highlighted Chevron’s Tengiz expansion, which is expected to lift output capacity and support cash flow, production growth, and shareholder returns through 2030. Tengiz expansion article
• Positive Sentiment: Chevron’s status as a high-yield dividend name and “dividend king” continues to attract income-focused investors, which can provide support during volatile energy markets. Dividend yield article

Chevron Stock Performance

Chevron stock opened at $185.81 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. Chevron Corporation has a 1 year low of $142.40 and a 1 year high of $214.71. The company has a market cap of $370.05 billion, a PE ratio of 32.20, a PEG ratio of 0.63 and a beta of 0.48. The company’s 50-day moving average is $188.96 and its two-hundred day moving average is $178.00.

Chevron (NYSE:CVX) last released its earnings results on Friday, May 1st. The oil and gas company reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.41. Chevron had a net margin of 5.79% and a return on equity of 6.90%. The company had revenue of $47.56 billion for the quarter, compared to the consensus estimate of $51.86 billion. During the same period in the prior year, the company posted $2.18 EPS. The company’s revenue was up 2.1% compared to the same quarter last year. Equities analysts anticipate that Chevron Corporation will post 15.74 earnings per share for the current year.

Chevron Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, May 19th were given a dividend of $1.78 per share. The ex-dividend date was Tuesday, May 19th. This represents a $7.12 dividend on an annualized basis and a yield of 3.8%. Chevron’s dividend payout ratio is presently 123.40%.

Insider Transactions at Chevron

In other Chevron news, Director John B. Hess sold 380,000 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $193.20, for a total transaction of $73,416,000.00. Following the transaction, the director directly owned 278,045 shares in the company, valued at approximately $53,718,294. This represents a 57.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider R. Hewitt Pate sold 40,200 shares of the company’s stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $213.30, for a total transaction of $8,574,660.00. Following the transaction, the insider owned 8,638 shares in the company, valued at approximately $1,842,485.40. The trade was a 82.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 615,200 shares of company stock worth $118,022,760. Corporate insiders own 0.56% of the company’s stock.

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.