Trajan Wealth LLC Makes New $7.59 Million Investment in Chevron Corporation $CVX

Trajan Wealth LLC bought a new stake in shares of Chevron Corporation (NYSE:CVX) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 45,769 shares of the oil and gas company’s stock, valued at approximately $7,587,000.

Other large investors have also recently made changes to their positions in the company. Blue Capital Inc. bought a new stake in shares of Chevron in the second quarter valued at about $786,000. OneAscent Wealth Management LLC bought a new position in Chevron during the 2nd quarter worth about $973,000. Global Retirement Partners LLC bought a new position in Chevron during the 2nd quarter worth about $14,276,000. Indivisible Partners purchased a new position in Chevron during the 4th quarter valued at about $1,923,000. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Chevron by 6.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,251,102 shares of the oil and gas company’s stock valued at $258,853,000 after purchasing an additional 79,439 shares in the last quarter. 72.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CVX has been the subject of several research reports. Bank of America upped their price target on shares of Chevron from $210.00 to $227.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. The Goldman Sachs Group reissued a “buy” rating and issued a $216.00 price objective on shares of Chevron in a research note on Wednesday, May 6th. Royal Bank Of Canada restated an “outperform” rating and set a $220.00 target price on shares of Chevron in a report on Tuesday, May 5th. TD Cowen upped their price objective on Chevron from $200.00 to $205.00 and gave the stock a “hold” rating in a research note on Wednesday, August 5th. Finally, Morgan Stanley raised their price objective on Chevron from $210.00 to $218.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Twenty research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $207.48.

Chevron Price Performance

Shares of CVX opened at $203.03 on Tuesday. The company has a 50 day moving average of $185.48 and a two-hundred day moving average of $188.35. The company has a quick ratio of 0.98, a current ratio of 1.25 and a debt-to-equity ratio of 0.19. Chevron Corporation has a twelve month low of $146.49 and a twelve month high of $214.71. The company has a market cap of $401.14 billion, a price-to-earnings ratio of 19.47, a price-to-earnings-growth ratio of 0.61 and a beta of 0.49.

Chevron (NYSE:CVX) last posted its quarterly earnings data on Friday, July 31st. The oil and gas company reported $6.06 earnings per share for the quarter, topping analysts’ consensus estimates of $5.55 by $0.51. Chevron had a return on equity of 11.09% and a net margin of 9.57%.The firm had revenue of $67.20 billion during the quarter, compared to analysts’ expectations of $62.72 billion. During the same quarter last year, the firm earned $1.77 EPS. The business’s quarterly revenue was up 57.4% on a year-over-year basis. As a group, analysts predict that Chevron Corporation will post 16.17 earnings per share for the current fiscal year.

Chevron Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be paid a dividend of $1.78 per share. The ex-dividend date is Wednesday, August 19th. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.5%. Chevron’s payout ratio is presently 68.26%.

Insiders Place Their Bets

In other news, insider R. Hewitt Pate sold 2,470 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $205.11, for a total transaction of $506,621.70. Following the transaction, the insider owned 10,794 shares in the company, valued at $2,213,957.34. This represents a 18.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director John B. Hess sold 100,000 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $194.26, for a total transaction of $19,426,000.00. Following the completion of the transaction, the director directly owned 178,045 shares of the company’s stock, valued at $34,587,021.70. The trade was a 35.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,152,582 shares of company stock worth $225,853,661 over the last ninety days. Insiders own 0.56% of the company’s stock.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Brent crude is holding near $94 a barrel amid pressure on Iran, marking a second consecutive weekly gain. Higher oil prices can improve Chevron’s upstream cash flow and earnings outlook. Chevron Rises as Iran Pressure Keeps Brent Near $94
• Positive Sentiment: Analysts continue to favor Chevron over some major-oil peers, citing stronger 2026 earnings growth, production momentum and greater exposure to Guyana. Chevron vs. Shell: Which Energy Major Offers a Better Bet?
• Positive Sentiment: Recent commentary highlights CVX as a long-term dividend and income candidate. Chevron and ExxonMobil both raised payouts again in 2026, although their decade-long dividend records differ in durability and yield. 3 Dividend Stocks to Buy and Hold for the Next Decade, Starting With Chevron
• Neutral Sentiment: Brokerages maintain a consensus “Moderate Buy” recommendation, and Zacks lists Chevron as a stock to watch because of earnings growth and price strength. Chevron Given Consensus Recommendation of Moderate Buy
• Neutral Sentiment: Chevron appointed Uriel “Ose” Oseguera as treasurer, replacing retiring executive Navin Mahajan. The change affects capital markets, finance and risk oversight but is not currently presented as a strategic shift. Why Is Chevron Naming a New Treasurer Worth Watching?
• Negative Sentiment: After CVX’s strong recent performance, modest profit-taking may be weighing on the stock even as higher crude prices remain supportive. Comparisons with ExxonMobil also emphasize that investors may be reassessing dividend-growth quality rather than adding aggressively at current levels. ExxonMobil vs. Chevron: Dividend Growth Comparison

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.