Chevron Corporation $CVX Stock Sold by Robeco Institutional Asset Management B.V.

Posted by Geri Gentry on Oct 22nd, 2026

Robeco Institutional Asset Management B.V. trimmed its position in shares of Chevron Corporation (NYSE:CVX – Free Report) by 5.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 522,293 shares of the oil and gas company’s stock after selling 31,793 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Chevron were worth $106,657,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Blue Capital Inc. bought a new position in Chevron during the second quarter worth about $786,000. OneAscent Wealth Management LLC acquired a new position in Chevron during the second quarter worth approximately $973,000. Global Retirement Partners LLC acquired a new position in Chevron during the second quarter worth approximately $14,276,000. Greg Jennings LLC acquired a new position in Chevron during the third quarter worth approximately $1,314,000. Finally, Ferguson Wellman Capital Management Inc. raised its stake in Chevron by 0.6% in the third quarter. Ferguson Wellman Capital Management Inc. now owns 911,718 shares of the oil and gas company’s stock valued at $186,182,000 after buying an additional 5,787 shares during the period. 72.42% of the stock is currently owned by institutional investors and hedge funds.

Key Chevron News

Here are the key news stories impacting Chevron this week:

Positive Sentiment: Bank of America raised its Chevron price target to $252 from $227, signaling greater confidence in the company’s earnings and cash-flow outlook. Chevron price target raised to $252 from $227 at BofA
Positive Sentiment: Chevron is reportedly selling older Gulf of Mexico assets to sharpen its focus on higher-priority U.S. Gulf operations. Asset sales could streamline the portfolio, improve capital efficiency and support cash flow, although proceeds and transaction terms remain important. Chevron to sharpen US Gulf focus with sale of older assets
Positive Sentiment: Elevated oil prices, with Brent crude pushed above $110 by Iran-related supply concerns, have helped Chevron and other integrated oil companies reach 52-week highs by improving the potential value of production and cash generation. Chevron, ExxonMobil Stocks Hit 52-Week Highs
Positive Sentiment: Investors are watching Chevron’s Venezuela investment for potential production growth toward roughly 600,000 barrels per day. If achieved, the project could add substantial revenue, while relatively low production costs may support long-term profitability. Chevron Is Pouring Billions Into Venezuela
Neutral Sentiment: Chevron’s production update and upcoming earnings are drawing attention because investors will assess whether higher oil prices and recent operational changes are translating into stronger results. Why Is Chevron in Focus?
Negative Sentiment: Director R. Pate sold 43,100 Chevron shares for approximately $9.8 million across two transactions. The trades were made under a pre-arranged Rule 10b5-1 plan, reducing their significance as a discretionary bearish signal, but the large reduction in ownership could still weigh modestly on sentiment. Chevron insider trading filing

Analysts Set New Price Targets

A number of analysts have recently issued reports on CVX shares. BNP Paribas Exane cut their price objective on Chevron from $230.00 to $224.00 and set an “outperform” rating for the company in a research report on Friday, July 17th. Dbs Bank upgraded Chevron to a “moderate buy” rating in a research note on Thursday, August 6th. Piper Sandler boosted their target price on Chevron from $207.00 to $243.00 and gave the stock an “overweight” rating in a report on Thursday, September 3rd. Wall Street Zen upgraded Chevron from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, TD Cowen increased their price target on Chevron from $215.00 to $225.00 and gave the company a “hold” rating in a research note on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Chevron currently has an average rating of “Moderate Buy” and an average target price of $213.96.

Read Our Latest Research Report on CVX

Insider Transactions at Chevron

In other news, insider R. Pate sold 40,700 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $226.65, for a total transaction of $9,224,655.00. Following the completion of the sale, the insider owned 8,791 shares in the company, valued at $1,992,480.15. The trade was a 82.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Hess sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $194.26, for a total value of $19,426,000.00. Following the completion of the transaction, the director directly owned 178,045 shares in the company, valued at $34,587,021.70. The trade was a 35.97% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,195,682 shares of company stock worth $235,619,780. Insiders own 0.56% of the company’s stock.

Chevron Stock Performance

Shares of CVX stock opened at $226.81 on Thursday. The company has a market capitalization of $448.13 billion, a price-to-earnings ratio of 21.75, a PEG ratio of 0.62 and a beta of 0.53. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.25. The company has a 50-day simple moving average of $209.37 and a 200 day simple moving average of $193.91. Chevron Corporation has a 52 week low of $146.49 and a 52 week high of $228.48.

Chevron (NYSE:CVX – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The oil and gas company reported $6.06 EPS for the quarter, beating analysts’ consensus estimates of $5.55 by $0.51. The business had revenue of $67.20 billion for the quarter, compared to analyst estimates of $62.72 billion. Chevron had a net margin of 9.57% and a return on equity of 11.09%. Chevron’s quarterly revenue was up 57.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.77 EPS. On average, sell-side analysts predict that Chevron Corporation will post 17.71 earnings per share for the current year.

Chevron Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th were issued a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Wednesday, August 19th. Chevron’s payout ratio is currently 68.26%.

Chevron Company Profile

(Free Report)

Chevron Corporation (NYSE:CVX) is an integrated energy company engaged in the exploration, development, production, transportation and sale of crude oil and natural gas. Its upstream operations include oil and gas exploration and production, while its downstream business includes refining crude oil, marketing fuels and manufacturing and distributing lubricants, petrochemicals and fuel additives.

The company also invests in lower-carbon businesses and technologies, including renewable fuels, carbon capture and storage, hydrogen and other opportunities intended to reduce emissions from its operations and energy products.