Shepherd Street Advisors LLC Takes Position in Chevron Corporation $CVX

Posted by George Bondi on Jun 3rd, 2026

Shepherd Street Advisors LLC purchased a new stake in Chevron Corporation (NYSE:CVX – Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 5,216 shares of the oil and gas company’s stock, valued at approximately $795,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Core Wealth Advisors LLC acquired a new position in shares of Chevron in the 4th quarter valued at about $26,000. Strategic Wealth Advisors LLC acquired a new position in Chevron during the 4th quarter valued at about $33,000. Daytona Street Capital LLC acquired a new position in Chevron during the 4th quarter valued at about $44,000. Turning Point Benefit Group Inc. acquired a new position in Chevron during the 3rd quarter valued at about $49,000. Finally, Maseco LLP acquired a new position in Chevron during the 4th quarter valued at about $49,000. 72.42% of the stock is owned by institutional investors and hedge funds.

Chevron Stock Up 1.0%

CVX stock opened at $187.77 on Wednesday. Chevron Corporation has a 52 week low of $136.60 and a 52 week high of $214.71. The company has a market capitalization of $373.95 billion, a price-to-earnings ratio of 32.54, a price-to-earnings-growth ratio of 0.61 and a beta of 0.48. The firm’s 50-day moving average is $191.96 and its two-hundred day moving average is $176.04. The company has a current ratio of 1.09, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21.

Chevron (NYSE:CVX – Get Free Report) last released its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.41 EPS for the quarter, topping 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 company had revenue of $47.56 billion for the quarter, compared to the consensus estimate of $51.86 billion. During the same period in the previous year, the firm earned $2.18 EPS. Chevron’s revenue was up 2.1% on a year-over-year basis. On average, analysts forecast that Chevron Corporation will post 15.74 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. Shareholders of record on Tuesday, May 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 3.8%. The ex-dividend date is Tuesday, May 19th. Chevron’s payout ratio is 123.40%.

Key Chevron News

Here are the key news stories impacting Chevron this week:

Positive Sentiment: Chevron is attracting fresh bullish research coverage, with several reports highlighting its earnings momentum, growth drivers, and valuation appeal. Barclays also raised its price target on Chevron to $213 from $192 while keeping an Equal Weight rating. Top Research Reports for Chevron, Goldman Sachs & Philip Morris
Positive Sentiment: Chevron applied to join Argentina’s incentive regime for a $13.8 billion unconventional oil project in Vaca Muerta, signaling a major long-term investment that could expand production and future cash flow. Chevron applies for Argentina tax break program with $13.8 billion investment plan
Positive Sentiment: Recent commentary also points to Chevron’s production growth and offshore expansion strategy, including its completed Hess acquisition in Guyana and new exploration ambitions in Greece, reinforcing the company’s reserve and output growth story. Chevron Deepens Offshore Bets In Guyana And Greece As Risk Profile Shifts

Insider Transactions at Chevron

In related news, insider R. Hewitt Pate sold 40,200 shares of the business’s stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $213.30, for a total value of $8,574,660.00. Following the sale, the insider directly owned 8,638 shares in the company, valued at $1,842,485.40. The trade was a 82.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John B. Hess sold 380,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $193.20, for a total transaction of $73,416,000.00. Following the completion of the sale, the director owned 278,045 shares in the company, valued at $53,718,294. The trade was a 57.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 662,400 shares of company stock worth $127,090,824 over the last 90 days. 0.56% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on CVX shares. HSBC raised shares of Chevron from a “hold” rating to a “buy” rating and set a $215.00 target price for the company in a research note on Friday, March 20th. Argus set a $203.00 target price on shares of Chevron in a research note on Tuesday, February 3rd. Piper Sandler boosted their target price on shares of Chevron from $179.00 to $242.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. Barclays boosted their target price on shares of Chevron from $192.00 to $213.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Finally, Tudor Pickering upgraded shares of Chevron from a “hold” rating to a “buy” rating and set a $225.00 price target on the stock in a research report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $205.70.

Read Our Latest Research 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.