N.E.W. Advisory Services LLC Purchases New Stake in Chevron Corporation $CVX

Posted by George Bondi on Aug 17th, 2026

N.E.W. Advisory Services LLC purchased a new stake in shares of Chevron Corporation (NYSE:CVX – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,205 shares of the oil and gas company’s stock, valued at approximately $531,000.

A number of other large investors have also recently made changes to their positions in CVX. Midwest Capital Advisors LLC bought a new stake in shares of Chevron during the first quarter worth about $25,000. Core Wealth Advisors LLC bought a new position in Chevron in the 4th quarter valued at about $26,000. Phillip James Consulting Co. acquired a new position in Chevron during the 4th quarter valued at about $26,000. Basso Capital Management L.P. acquired a new position in Chevron during the 4th quarter valued at about $27,000. Finally, Karpus Management Inc. bought a new stake in Chevron during the 4th quarter worth approximately $27,000. 72.42% of the stock is owned by institutional investors.

Insider Buying and Selling at Chevron

In other Chevron news, Director John B. Hess sold 710,665 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $194.10, for a total transaction of $137,940,076.50. Following the sale, the director owned 363,711 shares in the company, valued at $70,596,305.10. This represents a 66.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Michael K. Wirth sold 5,547 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $187.00, for a total value of $1,037,289.00. Following the completion of the transaction, the chief executive officer owned 26,308 shares of the company’s stock, valued at approximately $4,919,596. This represents a 17.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,196,212 shares of company stock valued at $231,819,366 in the last quarter. 0.56% of the stock is owned by corporate insiders.

Chevron Stock Performance

Shares of CVX opened at $199.99 on Monday. The stock has a 50 day moving average of $183.30 and a 200 day moving average of $187.01. The company has a market capitalization of $395.13 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 0.61 and a beta of 0.49. Chevron Corporation has a 12 month low of $146.49 and a 12 month high of $214.71. The company has a current ratio of 1.25, a quick ratio of 0.98 and a debt-to-equity ratio of 0.19.

Chevron (NYSE:CVX – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The oil and gas company reported $6.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.55 by $0.51. Chevron had a return on equity of 11.09% and a net margin of 9.57%.The firm had revenue of $67.20 billion during the quarter, compared to the consensus estimate of $62.72 billion. During the same quarter in the prior year, the company earned $1.77 EPS. The business’s revenue for the quarter was up 57.4% on a year-over-year basis. As a group, sell-side analysts forecast that Chevron Corporation will post 15.86 earnings per share for the current year.

Chevron Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be given a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Wednesday, August 19th. Chevron’s dividend payout ratio is currently 68.26%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CVX. Sanford C. Bernstein raised their target price on Chevron from $204.00 to $209.00 and gave the company a “market perform” rating in a report on Monday, August 3rd. The Goldman Sachs Group reiterated a “buy” rating and set a $216.00 price target on shares of Chevron in a report on Wednesday, May 6th. Weiss Ratings raised Chevron from a “hold (c)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Piper Sandler started coverage on shares of Chevron in a report on Thursday, July 23rd. They set an “overweight” rating and a $207.00 price objective on the stock. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $220.00 target price on shares of Chevron in a research note on Tuesday, May 5th. Twenty investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $207.48.

Read Our Latest Report on CVX

Chevron 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.