Catalyst Funds Management Pty Ltd Purchases 8,000 Shares of Chevron Corporation $CVX

Posted by Geri Gentry on May 24th, 2026

Catalyst Funds Management Pty Ltd boosted its position in Chevron Corporation (NYSE:CVX – Free Report) by 166.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,800 shares of the oil and gas company’s stock after purchasing an additional 8,000 shares during the quarter. Catalyst Funds Management Pty Ltd’s holdings in Chevron were worth $1,951,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CVX. Strategic Wealth Advisors LLC purchased a new stake in shares of Chevron during the fourth quarter worth about $33,000. Daytona Street Capital LLC purchased a new stake in shares of Chevron during the fourth quarter worth about $44,000. Turning Point Benefit Group Inc. purchased a new stake in shares of Chevron during the third quarter worth about $49,000. Maseco LLP purchased a new stake in shares of Chevron during the fourth quarter worth about $49,000. Finally, High Point Wealth Management LLC purchased a new stake in shares of Chevron during the fourth quarter worth about $53,000. 72.42% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director John B. Hess sold 380,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $193.20, for a total transaction of $73,416,000.00. Following the transaction, the director owned 278,045 shares in the company, valued at $53,718,294. This trade represents a 57.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Andrew Benjamin Walz sold 11,600 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $188.58, for a total value of $2,187,528.00. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,179,699 shares of company stock worth $224,675,517. Insiders own 0.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. HSBC upgraded Chevron from a “hold” rating to a “buy” rating and set a $215.00 price target on the stock in a research note on Friday, March 20th. Scotiabank boosted their price target on Chevron from $168.00 to $187.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 22nd. Barclays boosted their price target on Chevron from $180.00 to $192.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th. Piper Sandler upped their target price on Chevron from $179.00 to $242.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. Finally, Sanford C. Bernstein dropped their target price on Chevron from $216.00 to $204.00 and set a “market perform” rating on the stock in a research report on Monday, May 11th. One 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $204.22.

View Our Latest Stock Analysis on Chevron

Chevron Trading Up 0.3%

Chevron stock opened at $191.51 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. Chevron Corporation has a 12 month low of $134.06 and a 12 month high of $214.71. The stock’s 50 day simple moving average is $193.54 and its two-hundred day simple moving average is $174.60. The firm has a market cap of $381.42 billion, a PE ratio of 33.19, a P/E/G ratio of 0.64 and a beta of 0.51.

Chevron (NYSE:CVX – Get Free Report) last released its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.00 by $0.41. Chevron had a return on equity of 6.90% and a net margin of 5.79%.The business had revenue of $47.56 billion for the quarter, compared to analyst estimates of $51.86 billion. During the same quarter in the prior year, the firm posted $2.18 EPS. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. Analysts anticipate that Chevron Corporation will post 15.74 earnings per share for the current year.

Chevron Announces Dividend

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

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

Positive Sentiment: WTI crude above $95 per barrel is lifting Permian oil and associated gas economics, which should be a tailwind for Chevron’s upstream earnings and cash flow. More Gas Per Barrel of Oil: A Growth Lever for Permian Operators
Positive Sentiment: Morgan Stanley raised its price target on Chevron to $214 from $212 and reiterated an overweight rating, signaling continued Wall Street confidence in the stock’s upside. Benzinga / The Fly analyst update
Positive Sentiment: Chevron’s planned participation in a Bernstein conference next week keeps investor attention on management commentary and strategic updates. Chevron to Participate in Fireside Q&A at Bernstein 42nd Annual Strategic Decisions Conference
Positive Sentiment: Chevron’s new next-generation Techron gasoline additive may help support brand strength and retail fuel performance over time. Chevron Introduces Next-gen Techron in U.S. Chevron and Texaco Gasolines
Positive Sentiment: Chevron stands to receive about $2.17 billion from the sale of several Asia Pacific refining and retail assets to Eneos, which supports balance-sheet flexibility and portfolio simplification. Chevron Corporation (CVX) Poised for $2.17B Boost from Asia Pacific Asset Sale

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.

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Institutional Ownership by Quarter for Chevron (NYSE:CVX)

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