Canada Post Corp Registered Pension Plan Acquires 13,743 Shares of Chevron Corporation $CVX

Posted by on May 17th, 2026

Canada Post Corp Registered Pension Plan boosted its holdings in Chevron Corporation (NYSE:CVX – Free Report) by 22.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 74,750 shares of the oil and gas company’s stock after purchasing an additional 13,743 shares during the quarter. Canada Post Corp Registered Pension Plan’s holdings in Chevron were worth $11,393,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Strategic Wealth Advisors LLC bought a new stake in shares of Chevron in the fourth quarter valued at approximately $33,000. Daytona Street Capital LLC bought a new position in Chevron during the 4th quarter worth $44,000. Maseco LLP acquired a new position in Chevron in the 4th quarter valued at $49,000. Turning Point Benefit Group Inc. bought a new stake in shares of Chevron during the 3rd quarter valued at $49,000. Finally, High Point Wealth Management LLC acquired a new stake in shares of Chevron during the 4th quarter worth $53,000. Institutional investors own 72.42% of the company’s stock.

More Chevron News

Here are the key news stories impacting Chevron this week:

  • Positive Sentiment: Chevron agreed to sell its Singapore refining stake and other Asia-Pacific downstream assets to ENEOS for roughly $2.17 billion, reinforcing its strategy to streamline the portfolio and potentially improve returns. Reuters article on ENEOS buying Chevron assets
  • Positive Sentiment: Another report framed Chevron’s recent earnings as less weak than the headline numbers suggested, noting that the company’s share price did not fall sharply after the results, which may indicate investors are focusing on underlying cash generation and strategic actions rather than the revenue miss. Yahoo Finance article on Chevron earnings
  • Neutral Sentiment: Market commentary this week also compared Chevron with TotalEnergies and discussed broader oil-sector themes, but those pieces were more about sector positioning than a direct new fundamental change for Chevron. Motley Fool comparison article
  • Negative Sentiment: Chevron’s latest quarter was mixed, with earnings per share beating estimates but revenue coming in below expectations, which could temper enthusiasm if investors refocus on operating performance rather than asset sales. Chevron stock background

Wall Street Analyst Weigh In

Several research firms recently weighed in on CVX. HSBC raised shares of Chevron from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research report on Friday, March 20th. Sanford C. Bernstein dropped their target price on shares of Chevron from $216.00 to $204.00 and set a “market perform” rating for the company in a research report on Monday, May 11th. Melius Research raised shares of Chevron from a “hold” rating to a “buy” rating and set a $205.00 price target for the company in a report on Tuesday, February 17th. Morgan Stanley lifted their price objective on shares of Chevron from $174.00 to $212.00 and gave the company an “overweight” rating in a research note on Friday, March 27th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Chevron in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Chevron currently has an average rating of “Moderate Buy” and an average price target of $204.13.

View Our Latest Stock Analysis on CVX

Insider Buying and Selling

In other Chevron news, Director John B. Hess sold 195,000 shares of the company’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $184.78, for a total value of $36,032,100.00. Following the completion of the transaction, the director owned 658,045 shares of the company’s stock, valued at $121,593,555.10. This represents a 22.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Michael K. Wirth sold 272,624 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $189.35, for a total value of $51,621,354.40. Following the completion of the transaction, the chief executive officer owned 31,266 shares of the company’s stock, valued at $5,920,217.10. This represents a 89.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 803,570 shares of company stock worth $151,969,798 in the last ninety days. Insiders own 0.56% of the company’s stock.

Chevron Trading Up 2.3%

CVX opened at $190.91 on Friday. The company’s 50 day moving average is $193.14 and its 200-day moving average is $173.26. Chevron Corporation has a 1-year low of $133.77 and a 1-year high of $214.71. The company has a current ratio of 1.09, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. The company has a market cap of $380.22 billion, a P/E ratio of 33.09, a PEG ratio of 0.65 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.41. The business had revenue of $47.56 billion during the quarter, compared to analysts’ expectations of $51.86 billion. Chevron had a net margin of 5.79% and a return on equity of 6.90%. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.18 EPS. Equities research analysts predict that Chevron Corporation will post 15.43 earnings per share for the current fiscal year.

Chevron Announces Dividend

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

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.

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Institutional Ownership by Quarter for Chevron (NYSE:CVX)

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