Sanctuary Advisors LLC Buys 75,399 Shares of Chevron Corporation $CVX

Sanctuary Advisors LLC boosted its stake in Chevron Corporation (NYSE:CVX) by 19.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 472,061 shares of the oil and gas company’s stock after buying an additional 75,399 shares during the quarter. Sanctuary Advisors LLC’s holdings in Chevron were worth $97,669,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of CVX. Cornerstone Advisory LLC raised its stake in Chevron by 0.9% during the first quarter. Cornerstone Advisory LLC now owns 5,625 shares of the oil and gas company’s stock worth $1,164,000 after acquiring an additional 52 shares in the last quarter. Camden National Bank increased its position in shares of Chevron by 1.1% during the 1st quarter. Camden National Bank now owns 45,746 shares of the oil and gas company’s stock worth $9,465,000 after purchasing an additional 500 shares in the last quarter. Adell Harriman & Carpenter Inc. lifted its holdings in Chevron by 1.0% during the 1st quarter. Adell Harriman & Carpenter Inc. now owns 70,971 shares of the oil and gas company’s stock valued at $14,684,000 after purchasing an additional 703 shares during the last quarter. Checchi Capital Advisers LLC lifted its holdings in Chevron by 3.6% during the 1st quarter. Checchi Capital Advisers LLC now owns 21,384 shares of the oil and gas company’s stock valued at $4,424,000 after purchasing an additional 739 shares during the last quarter. Finally, Maryland State Retirement & Pension System boosted its position in Chevron by 0.6% in the first quarter. Maryland State Retirement & Pension System now owns 94,370 shares of the oil and gas company’s stock valued at $19,525,000 after buying an additional 587 shares in the last quarter. 72.42% of the stock is currently owned by institutional investors.

Key Headlines Impacting Chevron

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

Analyst Ratings Changes

CVX has been the topic of several research analyst reports. Weiss Ratings cut shares of Chevron from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Barclays lifted their target price on shares of Chevron from $192.00 to $213.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. The Goldman Sachs Group reissued a “buy” rating and issued a $216.00 target price on shares of Chevron in a report on Wednesday, May 6th. TD Cowen increased their price target on Chevron from $204.00 to $205.00 and gave the stock a “hold” rating in a research report on Friday, May 8th. Finally, Morgan Stanley decreased their price target on Chevron from $214.00 to $210.00 and set an “overweight” rating on the stock in a research report on Monday, June 29th. Nineteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Chevron currently has a consensus rating of “Moderate Buy” and an average target price of $206.83.

Insiders Place Their Bets

In related news, Director John B. Hess sold 380,000 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the director owned 278,045 shares in the company, valued at approximately $53,718,294. The trade was a 57.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.56% of the stock is owned by insiders.

Chevron Trading Down 0.3%

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

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

Chevron Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, May 19th were paid a dividend of $1.78 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $7.12 annualized dividend and a yield of 3.9%. Chevron’s dividend payout ratio (DPR) is presently 123.40%.

About Chevron

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.