Chevron Corporation $CVX Shares Bought by Kestra Private Wealth Services LLC

Posted by George Bondi on Jun 27th, 2026

Kestra Private Wealth Services LLC grew its stake in Chevron Corporation (NYSE:CVX – Free Report) by 12.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 222,204 shares of the oil and gas company’s stock after acquiring an additional 24,622 shares during the quarter. Chevron comprises approximately 0.6% of Kestra Private Wealth Services LLC’s portfolio, making the stock its 29th biggest holding. Kestra Private Wealth Services LLC’s holdings in Chevron were worth $45,974,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in CVX. Core Wealth Advisors LLC purchased a new position in Chevron in the 4th quarter valued at about $26,000. Phillip James Consulting Co. acquired a new stake in shares of Chevron during the 4th quarter worth about $26,000. Basso Capital Management L.P. purchased a new stake in shares of Chevron during the fourth quarter worth about $27,000. Karpus Management Inc. purchased a new stake in shares of Chevron during the fourth quarter worth about $27,000. Finally, Quattro Advisors LLC purchased a new stake in shares of Chevron during the fourth quarter worth about $27,000. Institutional investors and hedge funds own 72.42% of the company’s stock.

Chevron Trading Down 0.9%

Shares of CVX stock opened at $170.67 on Friday. The firm’s 50-day simple moving average is $185.10 and its 200-day simple moving average is $179.78. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.84. Chevron Corporation has a 1-year low of $142.40 and a 1-year high of $214.71. The firm has a market cap of $339.91 billion, a P/E ratio of 29.58, a PEG ratio of 0.56 and a beta of 0.48.

Chevron (NYSE:CVX – Get Free Report) last released its earnings results on Friday, May 1st. The oil and gas company reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.41. Chevron had a net margin of 5.79% and a return on equity of 6.90%. The firm had revenue of $47.56 billion during the quarter, compared to the consensus estimate of $51.86 billion. During the same period in the previous year, the firm earned $2.18 earnings per share. Chevron’s revenue was up 2.1% compared to the same quarter last year. As a group, equities analysts forecast that Chevron Corporation will post 15.88 EPS for the current year.

Chevron Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 19th were paid a dividend of $1.78 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $7.12 annualized dividend and a dividend yield of 4.2%. Chevron’s payout ratio is currently 123.40%.

Insiders Place Their Bets

In other news, insider R. Hewitt Pate sold 40,200 shares of the company’s stock in a transaction on Monday, March 30th. The stock was sold at an average price of $213.30, for a total transaction of $8,574,660.00. Following the completion of the sale, the insider directly owned 8,638 shares in the company, valued at $1,842,485.40. This represents a 82.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director John B. Hess sold 380,000 shares of Chevron stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $193.20, for a total value of $73,416,000.00. Following the completion of the transaction, the director owned 278,045 shares in the company, valued at $53,718,294. The trade was a 57.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 615,200 shares of company stock valued at $118,022,760. Insiders own 0.56% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on CVX shares. The Goldman Sachs Group reissued a “buy” rating and set a $216.00 price objective on shares of Chevron in a research note on Wednesday, May 6th. BNP Paribas Exane raised shares of Chevron from a “neutral” rating to an “outperform” rating and set a $174.00 target price for the company in a research note on Friday, April 17th. Mizuho boosted their price target on Chevron from $225.00 to $230.00 and gave the company an “outperform” rating in a report on Wednesday, May 27th. Scotiabank increased 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. Finally, Tudor Pickering upgraded Chevron from a “hold” rating to a “buy” rating and set a $225.00 price objective on the stock in a report on Thursday, April 9th. Eighteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $205.70.

Get Our Latest Analysis on CVX

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

Positive Sentiment: Chevron expanded its upstream footprint by agreeing to take a majority stake and operatorship in Greece’s Southern Ionian Sea Block 10, a move that could add long-term exploration upside and strengthen its Eastern Mediterranean presence. Chevron (CVX) Expands Into Greece Block 10 While Venezuela Operations Stay Running
Positive Sentiment: The company also announced a 20-year deal to supply natural gas to a Microsoft data center in West Texas, signaling a new avenue for stable, long-duration demand and potential growth from energy infrastructure tied to AI. Chevron, Microsoft deal fuels West Texas data center expansion
Positive Sentiment: Chevron confirmed that its Venezuela operations remain safe and fully operational after the earthquakes, reducing near-term disruption risk while the company supports relief efforts. Chevron Confirms Safe Venezuela Operations After Major Earthquakes
Neutral Sentiment: Chevron committed $1 million to earthquake relief in Venezuela, a humanitarian move that is unlikely to materially affect earnings but may support its reputation. Chevron Commits $1 Million to Support Earthquake Relief in Venezuela
Neutral Sentiment: Reuters reported Chevron is exploring additional deals to power U.S. data centers, which suggests optionality and diversification, but no immediate financial impact was disclosed. Chevron eyes more deals to power US data centers
Negative Sentiment: Investor caution rose after reports that the Trump administration ordered a DOJ probe into gasoline pricing at Chevron and other major oil companies, creating headline risk and possible regulatory overhang. Trump Orders DOJ Investigation Into Exxon (XOM) and Chevron (CVX) Over Gas Pump Pricing
Negative Sentiment: Chevron’s CFO said gasoline prices should decline, but only with a lag, reinforcing concerns that near-term pricing and margins may remain uncertain if crude prices keep falling. Chevron CFO says gas prices will normalize after Trump presses Big Oil

Chevron Company Profile

(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.