United Capital Financial Advisors LLC Sells 10,274 Shares of Chevron Corporation $CVX

Posted by George Bondi on Aug 28th, 2026

United Capital Financial Advisors LLC reduced its stake in Chevron Corporation (NYSE:CVX – Free Report) by 4.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 247,769 shares of the oil and gas company’s stock after selling 10,274 shares during the quarter. United Capital Financial Advisors LLC’s holdings in Chevron were worth $41,070,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CVX. Dearborn Partners LLC bought a new position in shares of Chevron in the second quarter valued at approximately $6,818,000. Brooks Moore & Associates Inc. increased its holdings in Chevron by 6.5% during the second quarter. Brooks Moore & Associates Inc. now owns 31,214 shares of the oil and gas company’s stock worth $5,174,000 after buying an additional 1,900 shares during the last quarter. WNY Asset Management LLC boosted its stake in Chevron by 2.0% in the second quarter. WNY Asset Management LLC now owns 3,960 shares of the oil and gas company’s stock valued at $656,000 after acquiring an additional 76 shares during the last quarter. Caitlin John LLC grew its position in shares of Chevron by 31.3% during the 2nd quarter. Caitlin John LLC now owns 537 shares of the oil and gas company’s stock valued at $89,000 after acquiring an additional 128 shares during the period. Finally, Ruggaard & Associates LLC raised its holdings in shares of Chevron by 2.2% in the 2nd quarter. Ruggaard & Associates LLC now owns 4,783 shares of the oil and gas company’s stock worth $793,000 after purchasing an additional 103 shares during the period. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Insider Transactions at Chevron

In other Chevron news, insider R. Hewitt Pate sold 2,470 shares of Chevron stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $205.11, for a total value of $506,621.70. Following the sale, the insider owned 10,794 shares of the company’s stock, valued at $2,213,957.34. The trade was a 18.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Andrew Benjamin Walz sold 16,800 shares of Chevron stock in a transaction on Monday, August 17th. The stock was sold at an average price of $201.06, for a total transaction of $3,377,808.00. Following the transaction, the insider directly owned 14 shares of the company’s stock, valued at $2,814.84. The trade was a 99.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,152,582 shares of company stock valued at $225,853,661. 0.56% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CVX. Wolfe Research upgraded Chevron from a “peer perform” rating to an “outperform” rating and set a $210.00 price objective on the stock in a research note on Thursday, July 2nd. Barclays lowered their target price on shares of Chevron from $216.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday, August 17th. Zacks Research cut Chevron from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 8th. TD Cowen increased their price target on shares of Chevron from $200.00 to $205.00 and gave the stock a “hold” rating in a report on Wednesday, August 5th. Finally, Sanford C. Bernstein lifted their price objective on Chevron from $204.00 to $209.00 and gave the company a “market perform” rating in a research note on Monday, August 3rd. Twenty investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Chevron presently has an average rating of “Moderate Buy” and an average target price of $207.48.

Check Out Our Latest Report on CVX

Chevron Price Performance

Shares of NYSE:CVX opened at $199.91 on Friday. Chevron Corporation has a 1-year low of $146.49 and a 1-year high of $214.71. The company has a market capitalization of $394.98 billion, a PE ratio of 19.17, a PEG ratio of 0.60 and a beta of 0.49. The business has a fifty day moving average price of $186.87 and a 200-day moving average price of $188.76. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.25 and a quick ratio of 0.98.

Chevron (NYSE:CVX – Get Free Report) last posted its earnings results on Friday, July 31st. The oil and gas company reported $6.06 EPS for the quarter, topping analysts’ consensus estimates of $5.55 by $0.51. Chevron had a net margin of 9.57% and a return on equity of 11.09%. The business had revenue of $67.20 billion during the quarter, compared to the consensus estimate of $62.72 billion. During the same quarter in the previous year, the firm posted $1.77 EPS. The firm’s revenue was up 57.4% on a year-over-year basis. As a group, equities analysts expect that Chevron Corporation will post 16.17 EPS for the current fiscal year.

Chevron Announces Dividend

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

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.