Orange Investment Advisors Inc. Sells 3,055 Shares of Chevron Corporation $CVX

Posted by George Bondi on May 22nd, 2026

Orange Investment Advisors Inc. reduced its stake in Chevron Corporation (NYSE:CVX – Free Report) by 14.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,541 shares of the oil and gas company’s stock after selling 3,055 shares during the period. Orange Investment Advisors Inc.’s holdings in Chevron were worth $2,826,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Strategic Wealth Advisors LLC bought a new position in Chevron in the 4th quarter worth about $33,000. Daytona Street Capital LLC bought a new position in Chevron in the 4th quarter worth about $44,000. Turning Point Benefit Group Inc. bought a new position in Chevron in the 3rd quarter worth about $49,000. Maseco LLP bought a new position in Chevron in the 4th quarter worth about $49,000. Finally, High Point Wealth Management LLC bought a new position in Chevron in the 4th quarter worth about $53,000. 72.42% of the stock is currently owned by institutional investors.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

Positive Sentiment: Chevron could receive a meaningful cash infusion from the planned sale of several Asia Pacific refining and retail assets to Japan’s Eneos, with reports saying the deal may bring in about $2.17 billion as the company streamlines its global portfolio. Chevron Corporation (CVX) Poised for $2.17B Boost from Asia Pacific Asset Sale
Positive Sentiment: Chevron also announced that CEO Mike Wirth will speak at Bernstein’s Strategic Decisions Conference on May 28, which keeps management in front of investors and may provide additional color on strategy, capital returns, and the asset-sale outlook. Advisory: Chevron to Participate in Fireside Q&A at Bernstein 42nd Annual Strategic Decisions Conference
Neutral Sentiment: Chevron introduced next-generation Techron gasoline additive in the U.S., a product update that supports the brand and fuel quality narrative but is unlikely to move the stock materially on its own. Chevron Introduces Next-gen Techron in U.S. Chevron and Texaco Gasolines
Negative Sentiment: California Governor Gavin Newsom publicly urged residents to “avoid Chevron,” accusing big oil companies of profiting from higher fuel prices tied to the Iran conflict, adding reputational and political pressure on the company. Gavin Newsom Warns Californians To ‘Avoid Chevron,’ Says Big Oil Is ‘Making Billions Off Trump’s Iran War’
Negative Sentiment: Chevron is also facing ESG-related scrutiny ahead of its May 27 annual meeting, where activists are pushing shareholders to reject a proposal tied to Israel operations, raising the chance of more governance headlines. Chevron Israel Activism Puts ESG Risks And Valuation In Focus

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on CVX shares. Sanford C. Bernstein lowered their price target on shares of Chevron from $216.00 to $204.00 and set a “market perform” rating for the company in a research report on Monday, May 11th. UBS Group increased their price objective on shares of Chevron from $218.00 to $220.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Piper Sandler increased their price objective on shares of Chevron from $179.00 to $242.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. Wells Fargo & Company increased their price objective on shares of Chevron from $204.00 to $222.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. Finally, Barclays increased their price objective on shares of Chevron from $180.00 to $192.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $204.13.

View Our Latest Stock Report on Chevron

Insider Buying and Selling

In other Chevron news, Vice Chairman Mark A. Nelson sold 139,600 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the insider directly owned 11,337 shares in the company, valued at $2,130,449.04. This trade represents a 92.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael K. Wirth sold 272,624 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $189.35, for a total transaction of $51,621,354.40. Following the completion of the sale, the chief executive officer owned 31,266 shares of the company’s stock, valued at approximately $5,920,217.10. This trade represents a 89.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 799,699 shares of company stock valued at $151,259,517 over the last quarter. Insiders own 0.56% of the company’s stock.

Chevron Price Performance

Shares of CVX opened at $191.23 on Friday. The company has a market cap of $380.84 billion, a price-to-earnings ratio of 33.14, a price-to-earnings-growth ratio of 0.64 and a beta of 0.51. Chevron Corporation has a twelve month low of $133.77 and a twelve month high of $214.71. The company has a quick ratio of 0.84, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. The company has a 50 day moving average of $193.55 and a two-hundred day moving average of $174.48.

Chevron (NYSE:CVX – Get Free Report) last announced its earnings results on Friday, May 1st. The oil and gas company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.41. The company had revenue of $47.56 billion during the quarter, compared to the consensus estimate of $51.86 billion. Chevron had a net margin of 5.79% and a return on equity of 6.90%. Chevron’s revenue was up 2.1% compared to the same quarter last year. During the same period last year, the firm earned $2.18 earnings per share. As a group, analysts predict that Chevron Corporation will post 15.43 earnings per share for the current fiscal year.

Chevron Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Tuesday, May 19th will be paid a $1.78 dividend. This represents a $7.12 annualized dividend and a yield of 3.7%. The ex-dividend date is Tuesday, May 19th. Chevron’s dividend payout ratio (DPR) is 123.40%.

About Chevron

(Free Report)

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.