Retirement Planning Group LLC Acquires 3,165 Shares of Chevron Corporation $CVX

Retirement Planning Group LLC grew its holdings in shares of Chevron Corporation (NYSE:CVX) by 53.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 9,102 shares of the oil and gas company’s stock after purchasing an additional 3,165 shares during the period. Retirement Planning Group LLC’s holdings in Chevron were worth $1,883,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Mattern Capital Management LLC increased its holdings in shares of Chevron by 2.1% during the first quarter. Mattern Capital Management LLC now owns 10,648 shares of the oil and gas company’s stock valued at $2,203,000 after acquiring an additional 217 shares in the last quarter. Sterling Group Wealth Management LLC boosted its stake in Chevron by 122.0% in the 1st quarter. Sterling Group Wealth Management LLC now owns 3,319 shares of the oil and gas company’s stock worth $687,000 after purchasing an additional 1,824 shares in the last quarter. Evernest Financial Advisors LLC grew its position in Chevron by 8.2% during the 1st quarter. Evernest Financial Advisors LLC now owns 4,962 shares of the oil and gas company’s stock valued at $1,027,000 after purchasing an additional 374 shares during the last quarter. Objective Capital Management LLC purchased a new stake in Chevron during the 1st quarter valued at about $302,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in Chevron by 15.2% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 62,155 shares of the oil and gas company’s stock valued at $12,860,000 after purchasing an additional 8,211 shares in the last quarter. 72.42% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on CVX shares. Weiss Ratings cut shares of Chevron from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. The Goldman Sachs Group reiterated a “buy” rating and set a $216.00 price target on shares of Chevron in a report on Wednesday, May 6th. Morgan Stanley reduced their price target on shares of Chevron from $214.00 to $210.00 and set an “overweight” rating for the company in a research report on Monday, June 29th. Zacks Research lowered shares of Chevron from a “strong-buy” rating to a “hold” rating in a report on Monday, June 8th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $216.00 price objective on shares of Chevron in a research report on Friday. Nineteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $206.83.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron was highlighted by analysts as one of several Dividend Aristocrats with a “Strong Buy” rating, reinforcing its appeal as a defensive income stock. Article Title
• Positive Sentiment: Chevron extended its Western Australia gas supply agreement with Alinta Energy through 2032, supporting steady cash flow and strengthening its LNG and gas market position. Article Title
• Positive Sentiment: Multiple reports said Chevron could be headed for a free-cash-flow surge in the second half of 2026, which would support buybacks, dividends, and valuation upside. Article Title
• Positive Sentiment: Chevron’s AI-related power initiative is drawing investor interest after the company moved into gas-to-power for data centers, creating a new growth angle beyond traditional oil production. Article Title
• Neutral Sentiment: Chevron is being watched closely by investors and news outlets, but these mentions mainly reflect ongoing market interest rather than a new fundamental catalyst. Article Title
• Negative Sentiment: Oil prices eased after the U.S. backed away from a proposed 20% Hormuz cargo fee, reducing the near-term geopolitical premium that had supported energy stocks. Article Title
• Negative Sentiment: Broader crude strength has been uneven, and any pullback in oil prices can weigh on Chevron’s shares even when company-specific news is constructive. Article Title

Chevron Trading Down 0.3%

Shares of CVX stock opened at $181.73 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $361.94 billion, a price-to-earnings ratio of 31.50, a price-to-earnings-growth ratio of 0.62 and a beta of 0.50. Chevron Corporation has a 12-month low of $146.49 and a 12-month high of $214.71. The stock’s 50-day moving average price is $181.47 and its 200-day moving average price is $181.95.

Chevron (NYSE:CVX) last announced its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.41. The company had revenue of $47.56 billion during the quarter, compared to analyst estimates of $51.86 billion. Chevron had a return on equity of 6.90% and a net margin of 5.79%.The firm’s revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the company earned $2.18 earnings per share. Equities research analysts predict that Chevron Corporation will post 15.28 EPS for the current fiscal year.

Chevron Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 19th were given a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Tuesday, May 19th. Chevron’s dividend payout ratio is currently 123.40%.

Insider Activity at Chevron

In related news, Director John B. Hess sold 380,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $193.20, for a total value of $73,416,000.00. Following the completion of the transaction, the director directly owned 278,045 shares of the company’s stock, valued at approximately $53,718,294. This trade represents a 57.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.56% of the company’s stock.

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.