Mesirow Financial Investment Management Inc. Trims Holdings in Chevron Corporation $CVX

Posted by Brian Himes on May 14th, 2026

Mesirow Financial Investment Management Inc. cut its stake in Chevron Corporation (NYSE:CVX – Free Report) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 199,451 shares of the oil and gas company’s stock after selling 9,451 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Chevron were worth $30,398,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. Strategic Wealth Advisors LLC purchased a new position in Chevron during the fourth quarter worth about $33,000. Daytona Street Capital LLC purchased a new position in Chevron during the fourth quarter worth about $44,000. Turning Point Benefit Group Inc. purchased a new position in Chevron during the third quarter worth about $49,000. Maseco LLP purchased a new position in Chevron during the fourth quarter worth about $49,000. Finally, High Point Wealth Management LLC purchased a new position in Chevron during the fourth quarter worth about $53,000. 72.42% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider R. Hewitt Pate sold 40,200 shares of the business’s stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $213.30, for a total value of $8,574,660.00. Following the completion of the sale, the insider owned 8,638 shares of the company’s stock, valued at approximately $1,842,485.40. The trade was a 82.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Andrew Benjamin Walz sold 11,600 shares of the business’s stock in a transaction dated 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 90 days, insiders have sold 804,692 shares of company stock valued at $152,174,418. 0.56% of the stock is owned by insiders.

Chevron Trading Down 0.0%

Shares of CVX stock opened at $185.90 on Thursday. 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 business has a 50-day moving average price of $193.09 and a two-hundred day moving average price of $172.92. Chevron Corporation has a 12-month low of $133.77 and a 12-month high of $214.71. The firm has a market cap of $370.24 billion, a P/E ratio of 32.22, a price-to-earnings-growth ratio of 0.63 and a beta of 0.51.

Chevron (NYSE:CVX – Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.41 earnings per share (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 firm had revenue of $47.56 billion during the quarter, compared to analyst estimates of $51.86 billion. During the same quarter in the previous year, the company posted $2.18 earnings per share. The company’s revenue was up 2.1% compared to the same quarter last year. Equities analysts anticipate that Chevron Corporation will post 15.23 EPS for the current fiscal year.

Chevron Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Tuesday, May 19th will be paid a dividend of $1.78 per share. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $7.12 annualized dividend and a yield of 3.8%. Chevron’s payout ratio is 123.40%.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

Positive Sentiment: Analysts and commentators are highlighting Chevron’s strong Q1 output growth, rising production, and improved high-margin oil assets, supporting a more optimistic outlook for 2026. Article Title
Positive Sentiment: Jim Cramer said he likes Chevron, citing its 3.8% yield, strong cash flow, and what he sees as limited downside. Article Title
Positive Sentiment: Reports that physical oil shortages may be starting could be a tailwind for Chevron if crude prices stay elevated. Article Title
Neutral Sentiment: Proxy advisory firms are encouraging shareholders to oppose some board positions ahead of Chevron’s annual meeting, adding governance uncertainty. Article Title
Neutral Sentiment: Some market commentary says Chevron has already run up sharply, raising valuation questions even as oil fundamentals improve. Article Title
Negative Sentiment: One recent note argued investors are still focused on spending discipline across the oil sector, which can limit enthusiasm if Chevron’s capital allocation is seen as too aggressive. Article Title

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Argus set a $203.00 target price on Chevron in a research report on Tuesday, February 3rd. The Goldman Sachs Group restated a “buy” rating and set a $216.00 target price on shares of Chevron in a research report on Wednesday, May 6th. Citigroup boosted their target price on Chevron from $210.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday, April 2nd. Mizuho boosted their target price on Chevron from $206.00 to $217.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 17th. Finally, Sanford C. Bernstein dropped their price target on Chevron from $216.00 to $204.00 and set a “market perform” rating for the company in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $204.13.

View Our Latest Stock Analysis on Chevron

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.