SageGuard Financial Group LLC Acquires Shares of 24,427 Chevron Corporation $CVX

SageGuard Financial Group LLC acquired a new stake in Chevron Corporation (NYSE:CVX) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 24,427 shares of the oil and gas company’s stock, valued at approximately $3,723,000.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Chevron by 17.9% in the 3rd quarter. Vanguard Group Inc. now owns 183,790,028 shares of the oil and gas company’s stock valued at $28,540,753,000 after buying an additional 27,961,463 shares during the last quarter. State Street Corp boosted its position in Chevron by 9.1% in the 3rd quarter. State Street Corp now owns 152,605,988 shares of the oil and gas company’s stock valued at $23,698,184,000 after buying an additional 12,789,399 shares during the last quarter. Primecap Management Co. CA purchased a new position in Chevron in the 3rd quarter valued at about $988,083,000. Bank of New York Mellon Corp boosted its position 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 valued at $3,047,900,000 after buying an additional 4,279,918 shares during the last quarter. Finally, Amundi boosted its position in Chevron by 41.8% in the 3rd quarter. Amundi now owns 11,760,376 shares of the oil and gas company’s stock valued at $1,811,333,000 after buying an additional 3,464,058 shares during the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Income-focused coverage highlights CVX as a dividend pick (yield >3%), supporting demand from yield-seeking investors. Top 5 Dividend-Paying Stocks Yielding Over 3% for Income Investors in 2025
• Positive Sentiment: Brokerages collectively rate CVX a “Moderate Buy,” reflecting analyst confidence in the company’s cash flow and payout profile. Chevron Corporation (NYSE:CVX) Given Consensus Recommendation of “Moderate Buy” by Brokerages
• Positive Sentiment: Industry reports note Chevron is investing outside the Middle East (expanded footprint in Venezuela and other basins), part of large exploration spending by majors that Wood Mackenzie says could create substantial value — positive for long-term upstream growth. Big Oil Plows Billions Into Far-Flung Drilling Sites to Escape Iran Turmoil
• Positive Sentiment: A recent Seeking Alpha analysis argues current shares understate Chevron’s earnings power and strengthening free cash flow, reinforcing a bullish case for investors focused on valuation and dividends. Chevron: Current Levels Do Not Fully Capture Earnings Power And Strengthening FCF
• Neutral Sentiment: Chevron confirmed a weekend fire at its Pasadena, Texas refinery has been extinguished — the incident is contained, limiting immediate operational impact but worth monitoring for any production or repair guidance. Chevron says weekend fire at Pasadena, Texas, refinery now extinguished
• Neutral Sentiment: Barclays reaffirmed its Hold rating on CVX — a reminder some analysts see the stock as fairly valued near current levels despite bullish sector tailwinds. Barclays Reaffirms Their Hold Rating on Chevron (CVX)
• Negative Sentiment: Legal and political developments remain a wildcard: coverage flags major Louisiana coastal lawsuits and changing Venezuela politics — both could introduce material legal or execution risk despite potential upside from Venezuelan production access. Chevron Valuation Weighed Against Legal Shifts And Venezuela Opening

Chevron Price Performance

CVX opened at $183.14 on Tuesday. The company has a 50-day moving average of $192.35 and a 200-day moving average of $169.37. The company has a market capitalization of $364.86 billion, a P/E ratio of 27.50, a PEG ratio of 1.18 and a beta of 0.60. Chevron Corporation has a 1-year low of $132.33 and a 1-year high of $214.71. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 1.15.

Chevron (NYSE:CVX) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.44 by $0.08. The company had revenue of $45.79 billion during the quarter, compared to analyst estimates of $48.18 billion. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The business’s revenue was down 10.2% on a year-over-year basis. During the same quarter last year, the firm earned $2.06 EPS. Equities analysts expect that Chevron Corporation will post 10.47 EPS for the current fiscal year.

Chevron Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th were given a $1.78 dividend. This represents a $7.12 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Tuesday, February 17th. This is a positive change from Chevron’s previous quarterly dividend of $1.71. Chevron’s payout ratio is 106.91%.

Insider Buying and Selling

In other news, insider Andrew Benjamin Walz sold 22,200 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $176.53, for a total value of $3,918,966.00. Following the transaction, the insider directly owned 666 shares in the company, valued at approximately $117,568.98. This trade represents a 97.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Eimear P. Bonner sold 32,100 shares of the firm’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $175.01, for a total transaction of $5,617,821.00. Following the completion of the transaction, the chief financial officer owned 4,366 shares in the company, valued at approximately $764,093.66. The trade was a 88.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 779,407 shares of company stock worth $145,972,971. 0.56% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CVX. Citigroup upped their price objective on shares of Chevron from $210.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, April 2nd. Mizuho upped their target price on Chevron from $206.00 to $217.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. Wall Street Zen raised Chevron from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Jefferies Financial Group upped their target price on Chevron from $174.00 to $189.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. raised Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 target price on the stock in a research report on Tuesday, January 20th. One equities research 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $194.21.

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.