Krilogy Financial LLC Decreases Position in Chevron Corporation $CVX

Krilogy Financial LLC lessened its holdings in Chevron Corporation (NYSE:CVX) by 18.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 13,027 shares of the oil and gas company’s stock after selling 3,020 shares during the quarter. Krilogy Financial LLC’s holdings in Chevron were worth $2,182,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CVX. United Bank boosted its position in Chevron by 7.7% in the 2nd quarter. United Bank now owns 11,079 shares of the oil and gas company’s stock valued at $1,586,000 after buying an additional 796 shares during the period. Schnieders Capital Management LLC. lifted its position in shares of Chevron by 9.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 50,839 shares of the oil and gas company’s stock worth $7,280,000 after purchasing an additional 4,214 shares during the last quarter. BNP Paribas lifted its position in shares of Chevron by 76.4% during the 2nd quarter. BNP Paribas now owns 441 shares of the oil and gas company’s stock worth $63,000 after purchasing an additional 191 shares during the last quarter. Osterweis Capital Management Inc. lifted its position in shares of Chevron by 678.9% during the 2nd quarter. Osterweis Capital Management Inc. now owns 1,363 shares of the oil and gas company’s stock worth $195,000 after purchasing an additional 1,188 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its position in shares of Chevron by 3.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 16,052 shares of the oil and gas company’s stock worth $2,299,000 after purchasing an additional 553 shares during the last quarter. Hedge funds and other institutional investors own 72.42% of the company’s stock.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Higher oil prices and renewed geopolitical tensions have lifted energy-sector sentiment, supporting Chevron’s near-term earnings outlook and fueling demand for oil majors. What’s Going On With Chevron Stock On Monday?
• Positive Sentiment: Longer-term upside from global repositioning: Chevron is accelerating exploration and drilling outside the Middle East (including expanded activity in Venezuela and other regions), which could create material value if projects succeed. Big Oil Plows Billions Into Far-Flung Drilling Sites to Escape Iran Turmoil
• Positive Sentiment: Buy-side / sentiment signals are supportive: recent bullish commentary argues Chevron’s cash flow and earnings power are underappreciated, and short interest has fallen—both reduce downside pressure. Chevron: Current Levels Do Not Fully Capture Earnings Power And Strengthening FCF
• Neutral Sentiment: Operational incident contained: a weekend fire at the Pasadena, TX refinery has been extinguished, limiting sustained production disruption risk but still drawing temporary operational scrutiny. Chevron says weekend fire at Pasadena, Texas, refinery now extinguished
• Neutral Sentiment: Analyst stance stays cautious: Barclays reaffirmed a hold on CVX, signaling steady but not enthusiastic analyst conviction—important for near-term flows but not a directional catalyst. Barclays Reaffirms Their Hold Rating on Chevron (CVX)
• Negative Sentiment: Legal and valuation overhangs persist: multi‑billion-dollar coastal lawsuits and shifting venues (plus other legal risks) remain unresolved and could pressure valuation or result in material liabilities. Chevron Valuation Weighed Against Legal Shifts And Venezuela Opening

Insider Transactions at Chevron

In related news, insider R. Hewitt Pate sold 40,200 shares of the business’s stock in a transaction on Monday, March 30th. The shares were sold at an average price of $213.30, for a total value of $8,574,660.00. Following the completion of the sale, the insider directly owned 8,638 shares of the company’s stock, valued at $1,842,485.40. The trade was a 82.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Alana K. Knowles sold 2,408 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $183.28, for a total transaction of $441,338.24. The SEC filing for this sale provides additional information. Insiders sold 779,407 shares of company stock valued at $145,972,971 over the last quarter. 0.56% of the stock is owned by corporate insiders.

Chevron Price Performance

Shares of CVX opened at $183.14 on Tuesday. Chevron Corporation has a 1-year low of $132.33 and a 1-year high of $214.71. The stock has a market cap of $364.86 billion, a PE ratio of 27.50, a price-to-earnings-growth ratio of 1.18 and a beta of 0.60. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.15 and a quick ratio of 0.86. The firm has a fifty day moving average price of $192.35 and a 200 day moving average price of $169.37.

Chevron (NYSE:CVX) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. Chevron had a net margin of 6.51% and a return on equity of 7.89%. The firm had revenue of $45.79 billion during the quarter, compared to analysts’ expectations of $48.18 billion. During the same period in the previous year, the company earned $2.06 earnings per share. Chevron’s quarterly revenue was down 10.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Chevron Corporation will post 10.47 EPS for the current year.

Chevron Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were given a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a yield of 3.9%. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend was Tuesday, February 17th. Chevron’s dividend payout ratio is presently 106.91%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Melius Research raised shares of Chevron from a “hold” rating to a “buy” rating and set a $205.00 price objective for the company in a research report on Tuesday, February 17th. HSBC raised shares of Chevron from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research report on Friday, March 20th. Bank of America lifted their price objective on shares of Chevron from $188.00 to $206.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Mizuho lifted their price objective on shares of Chevron from $206.00 to $217.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 17th. Finally, Wells Fargo & Company lifted their price objective on shares of Chevron from $204.00 to $222.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $194.21.

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.