Chevron Corporation $CVX Shares Acquired by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV lifted its stake in shares of Chevron Corporation (NYSE:CVX) by 35.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 42,882 shares of the oil and gas company’s stock after purchasing an additional 11,120 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Chevron were worth $6,536,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Perigon Wealth Management LLC increased its position in shares of Chevron by 19.3% during the 3rd quarter. Perigon Wealth Management LLC now owns 73,448 shares of the oil and gas company’s stock valued at $11,406,000 after purchasing an additional 11,875 shares during the period. Dakota Wealth Management boosted its stake in shares of Chevron by 14.9% during the 4th quarter. Dakota Wealth Management now owns 83,265 shares of the oil and gas company’s stock worth $12,690,000 after acquiring an additional 10,822 shares in the last quarter. Brooklyn FI LLC bought a new stake in shares of Chevron during the 3rd quarter worth $431,000. New York State Teachers Retirement System boosted its stake in shares of Chevron by 15.3% during the 3rd quarter. New York State Teachers Retirement System now owns 1,620,231 shares of the oil and gas company’s stock worth $251,606,000 after acquiring an additional 215,345 shares in the last quarter. Finally, Clear Trail Advisors LLC bought a new stake in shares of Chevron during the 4th quarter worth $10,167,000. 72.42% of the stock is currently owned by institutional investors and hedge funds.

Chevron Stock Performance

Shares of Chevron stock opened at $184.86 on Thursday. The stock has a market cap of $368.29 billion, a PE ratio of 27.76, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. The business has a fifty day simple moving average of $192.10 and a 200-day simple moving average of $168.63. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.21. Chevron Corporation has a 12 month low of $132.33 and a 12 month high of $214.71.

Chevron (NYSE:CVX) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.08. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The company had revenue of $45.79 billion for the quarter, compared to analysts’ expectations of $48.18 billion. During the same quarter in the previous year, the business posted $2.06 EPS. The business’s revenue for the quarter was down 10.2% on a year-over-year basis. On average, sell-side analysts anticipate that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were paid a dividend of $1.78 per share. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $7.12 annualized dividend and a yield of 3.9%. Chevron’s dividend payout ratio (DPR) is presently 106.91%.

Insider Activity at Chevron

In other Chevron news, insider Andrew Benjamin Walz sold 22,200 shares of Chevron stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $176.53, for a total transaction of $3,918,966.00. Following the transaction, the insider owned 666 shares of the company’s stock, valued at $117,568.98. The trade was a 97.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Vice Chairman Mark A. Nelson sold 139,600 shares of Chevron stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $187.92, for a total value of $26,233,632.00. Following the transaction, the insider directly owned 11,337 shares in the company, valued at approximately $2,130,449.04. This trade represents a 92.49% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 779,407 shares of company stock worth $145,972,971. Company insiders own 0.21% of the company’s stock.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Gulf discovery and analyst upgrades lift investor sentiment — Chevron confirmed a Bandit prospect discovery in the Gulf and several analysts have raised targets, supporting upside to reserves and expectations for future cash flow. Chevron (CVX) Stock Surges on Gulf Discovery and Analyst Price Target Upgrades
• Positive Sentiment: RBC lifts price target as commodity outlook improves — RBC’s upgraded view on commodities and the subsequent price‑target increase is cited by traders as a reason to buy the dip. Chevron (CVX) price target lifted by RBC as commodity view improves
• Positive Sentiment: Asset swap increases heavy‑oil exposure in Venezuela — Chevron agreed an asset swap with PDVSA to boost its stake in Petroindependencia and secure Orinoco acreage, positioning CVX to monetize heavy crude as U.S. imports ease domestic price pressure. This strengthens long‑term upstream optionality. Chevron Venezuela Asset Swap Reshapes Heavy Oil Exposure And Valuation Story
• Positive Sentiment: High oil prices + media endorsement — Elevated Brent prices from Strait of Hormuz disruptions and public endorsements (e.g., Jim Cramer) are lifting sentiment toward integrated majors like Chevron. The $100 Barrel Is Back: Trading The Hormuz Havoc
• Neutral Sentiment: Analyst commentary is mixed but active — Some outlets highlight bullish Wall Street coverage and buy recommendations while others debate valuation vs. peers (e.g., Petrobras), leaving conviction split among investors. PBR vs. CVX: Which Stock Is the Better Value Option?
• Neutral Sentiment: Coverage notes strong Q4 operating performance but questions on strategy mix — Analysts praise integrated cash generation while flagging Chevron’s move into complex, long‑dated heavy‑oil projects as a strategic tradeoff between near‑term cash and longer lead‑time risk. Is Chevron (CVX) Trading Long-Term Risk for Cash Flow With Its Venezuela Heavy Oil Bet?
• Negative Sentiment: Analyst downgrade pressured the stock today — A recent downgrade has driven selling pressure and is the proximate cause of the intraday decline. Chevron (NYSE:CVX) Stock Price Down 2.5% on Analyst Downgrade
• Negative Sentiment: Venezuelan partner says it was not notified — Suelopetrol’s statement that it received no notice of Chevron’s JV stake increase introduces legal/operational uncertainty that could delay project benefits or spark disputes. Suelopetrol has not been notified of Chevron’s expansion at Venezuela joint venture, company says
• Negative Sentiment: Ceasefire extension talks could calm Strait-of‑Hormuz risk — If the U.S. and Iran extend the truce and reopen shipping lanes, oil prices could ease, removing a key near‑term tailwind for Chevron shares. US, Iran Consider Extending Ceasefire as Strait of Hormuz and Nuclear Talks Continue

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. BMO Capital Markets reissued an “outperform” rating and set a $190.00 price objective on shares of Chevron in a research note on Monday, February 2nd. Morgan Stanley raised their price objective on Chevron from $174.00 to $212.00 and gave the stock an “overweight” rating in a research note on Friday, March 27th. Wall Street Zen raised Chevron from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Wells Fargo & Company raised their price objective on Chevron from $204.00 to $222.00 and gave the stock an “overweight” rating in a research note on Thursday, April 9th. Finally, HSBC raised Chevron from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research note on Friday, March 20th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Chevron currently has a consensus rating of “Moderate Buy” and an average price target of $195.09.

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.