Strata Wealth Advisors LLC Boosts Stock Holdings in Chevron Corporation $CVX

Strata Wealth Advisors LLC raised its stake in Chevron Corporation (NYSE:CVX) by 410.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 34,979 shares of the oil and gas company’s stock after acquiring an additional 28,127 shares during the period. Chevron makes up 1.4% of Strata Wealth Advisors LLC’s portfolio, making the stock its 12th largest holding. Strata Wealth Advisors LLC’s holdings in Chevron were worth $5,432,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Chevron by 17.9% in the third quarter. Vanguard Group Inc. now owns 183,790,028 shares of the oil and gas company’s stock worth $28,540,753,000 after buying an additional 27,961,463 shares in the last quarter. Norges Bank purchased a new position in Chevron during the 2nd quarter valued at approximately $2,721,477,000. Bank of New York Mellon Corp increased its stake in Chevron by 27.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 19,627,146 shares of the oil and gas company’s stock worth $3,047,900,000 after acquiring an additional 4,279,918 shares during the last quarter. Laurel Wealth Advisors LLC raised its holdings in shares of Chevron by 14,194.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,722,217 shares of the oil and gas company’s stock worth $532,984,000 after acquiring an additional 3,696,177 shares in the last quarter. Finally, Berkshire Hathaway Inc boosted its position in shares of Chevron by 2.9% during the 2nd quarter. Berkshire Hathaway Inc now owns 122,064,792 shares of the oil and gas company’s stock valued at $17,478,458,000 after acquiring an additional 3,454,258 shares during the last quarter. Institutional investors own 72.42% of the company’s stock.

Insider Activity

In other news, Vice Chairman Mark A. Nelson sold 45,800 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $174.17, for a total value of $7,976,986.00. Following the transaction, the insider directly owned 7,161 shares in the company, valued at approximately $1,247,231.37. This represents a 86.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Andrew Benjamin Walz sold 1,463 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $183.83, for a total transaction of $268,943.29. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 534,898 shares of company stock valued at $89,543,711. Insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CVX. Weiss Ratings restated a “hold (c)” rating on shares of Chevron in a research report on Wednesday, January 21st. BMO Capital Markets restated an “outperform” rating and issued a $190.00 target price on shares of Chevron in a report on Monday, February 2nd. Zacks Research upgraded shares of Chevron from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. JPMorgan Chase & Co. upgraded Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price target for the company in a research report on Tuesday, January 20th. Finally, Bank of America decreased their price objective on Chevron from $183.00 to $180.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $176.36.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron has entered exclusive talks with Iraq over the giant West Qurna 2 oilfield, advancing a deal that would add material reserves and production to CVX’s portfolio if completed — a clear upside catalyst for long-term growth. Chevron, Iraq agree to exclusive talks over West Qurna 2 oilfield
• Positive Sentiment: Reports say Chevron has signed initial deals and is negotiating for a stake in the massive Iraq oilfield currently held by Lukoil — a high-reward move that could materially boost reserves, though it carries execution and geopolitical risk. Chevron signs initial deals for stake in giant Iraq oilfield held by Russia’s Lukoil
• Positive Sentiment: Coverage highlights Chevron negotiating for a stake in a massive Iraqi oilfield with high upside potential; analysts note this is a higher‑risk, higher‑reward expansion of CVX’s upstream footprint. Chevron Is Negotiating for a Stake in a Massive Oilfield in Iraq. 2 Key Takeaways for Investors.
• Positive Sentiment: Ship-tracking and media reports show Chevron sold Venezuelan crude to Reliance — the first such sale since 2023 — signaling resumed commercial flows to a large Asian buyer and a potential near-term revenue boost. Chevron sells Venezuelan oil to India’s Reliance for the first time since 2023
• Positive Sentiment: Coverage notes Chevron is boosting exploration spending and pursuing new offshore projects (Greece, Libya), supporting a bullish outlook for future production growth. Chevron (CVX) gains bullish outlook as exploration spending rises
• Neutral Sentiment: Commentators and analysts are generally positive (including a high‑profile buy mention), but some pieces focus on valuation after a recent 52‑week high — a reminder that upside is balanced by stretched multiples. Chevron (CVX)’s the Only Company I Would Buy Here, Says Jim Cramer Chevron (CVX) Valuation Check After 52-Week High
• Neutral Sentiment: Comparisons to peers (Shell) and market‑performance writeups note CVX has outpaced the Nasdaq recently; these are useful context for relative valuation but are not single-event drivers. Chevron or Shell: Which Energy Supermajor Has the Edge Now? Is Chevron Stock Outperforming the Nasdaq?

Chevron Stock Performance

Chevron stock opened at $185.43 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. The firm has a market capitalization of $373.36 billion, a P/E ratio of 27.84, a price-to-earnings-growth ratio of 12.24 and a beta of 0.70. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $187.90. The company’s 50-day moving average is $167.33 and its 200 day moving average is $159.00.

Chevron (NYSE:CVX) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. Chevron had a return on equity of 8.23% and a net margin of 6.51%.The firm had revenue of $45.79 billion for the quarter, compared to analysts’ expectations of $48.18 billion. During the same quarter in the prior year, the firm posted $2.06 earnings per share. The company’s quarterly revenue was down 10.2% on a year-over-year basis. Research analysts forecast that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be paid a $1.78 dividend. The ex-dividend date is Tuesday, February 17th. This is a positive change from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 dividend on an annualized basis and a yield of 3.8%. Chevron’s payout ratio is 106.91%.

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.