Chevron Corporation $CVX Shares Newly Purchased by TSG Advice Partners LLC

Posted by Francis Steltz on Nov 3rd, 2026

TSG Advice Partners LLC acquired a new stake in shares of Chevron Corporation (NYSE:CVX – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,834 shares of the oil and gas company’s stock, valued at approximately $579,000.

Several other institutional investors have also added to or reduced their stakes in CVX. Main Street Group LTD purchased a new position in Chevron during the first quarter worth about $28,000. Kilter Group LLC bought a new position in Chevron in the 2nd quarter worth about $28,000. Principia Wealth Advisory LLC increased its stake in Chevron by 49.6% in the 2nd quarter. Principia Wealth Advisory LLC now owns 181 shares of the oil and gas company’s stock worth $30,000 after acquiring an additional 60 shares during the last quarter. Financial Connections Group Inc. increased its stake in Chevron by 129.3% in the 1st quarter. Financial Connections Group Inc. now owns 211 shares of the oil and gas company’s stock worth $43,000 after acquiring an additional 119 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID raised its holdings in shares of Chevron by 81.8% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 220 shares of the oil and gas company’s stock valued at $46,000 after acquiring an additional 99 shares in the last quarter. 72.42% of the stock is owned by hedge funds and other institutional investors.

Chevron Trading Down 3.2%

Shares of CVX stock opened at $228.00 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 1.25 and a debt-to-equity ratio of 0.19. The business has a 50-day moving average price of $213.61 and a two-hundred day moving average price of $193.39. Chevron Corporation has a 12-month low of $146.49 and a 12-month high of $236.48. The firm has a market cap of $450.47 billion, a P/E ratio of 16.68, a price-to-earnings-growth ratio of 0.54 and a beta of 0.53.

Chevron (NYSE:CVX – Get Free Report) last posted its quarterly earnings data on Friday, October 30th. The oil and gas company reported $5.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.87 by $0.41. The firm had revenue of $65.24 billion during the quarter, compared to analysts’ expectations of $61.82 billion. Chevron had a return on equity of 11.09% and a net margin of 9.57%. The company’s revenue for the quarter was up 36.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.85 EPS. Equities analysts anticipate that Chevron Corporation will post 18.15 EPS for the current fiscal year.

Chevron Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 18th will be given a $1.78 dividend. The ex-dividend date is Wednesday, November 18th. This represents a $7.12 dividend on an annualized basis and a yield of 3.1%. Chevron’s payout ratio is presently 52.08%.

Insiders Place Their Bets

In other Chevron news, insider Andrew Walz sold 16,800 shares of Chevron stock in a transaction that occurred on Monday, August 17th. The shares were 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 approximately $2,814.84. This trade represents a 99.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Michael K. Wirth sold 317,100 shares of Chevron stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $200.46, for a total transaction of $63,565,866.00. Following the transaction, the chief executive officer directly owned 26,308 shares in the company, valued at $5,273,701.68. This trade represents a 92.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 385,017 shares of company stock valued at $78,253,704 over the last quarter. 0.56% of the stock is owned by corporate insiders.

Key Chevron News

Here are the key news stories impacting Chevron this week:

Positive Sentiment: Chevron’s third-quarter performance was a major catalyst: revenue rose 36.3% year over year to approximately $67.8 billion, while adjusted EPS of $5.28 exceeded consensus by 8.5%. Record U.S. refining throughput, stronger margins and sustained upstream production supported the beat. CVX Q3 deep dive: operational discipline, Venezuela expansion, and AI adoption drive results
Positive Sentiment: Analysts raised their outlook following the results. UBS maintained a Buy rating and increased its price target to $265 from $235, while Barclays lifted its target to $244 from $208. The revisions suggest continued confidence in Chevron’s earnings and cash-flow outlook. Chevron Analysts Raise Their Forecasts After Better-Than-Expected Q3 Earnings
Positive Sentiment: Management highlighted potential longer-term growth from Venezuela production expansion, AI-driven reliability improvements and disciplined capital allocation. Analysts also expect stronger free cash flow, while ETF purchases indicate continued institutional demand. CVX Q3 Earnings Call Highlights Venezuela Growth and Refining Gains
Positive Sentiment: Chevron declared a quarterly dividend of $1.78 per share, or $7.12 annualized, supporting its appeal to income-focused investors. The company has also substantially reduced net debt, strengthening its balance sheet.
Neutral Sentiment: Chevron appointed Siva Barnwell Adams as corporate secretary and chief governance officer, effective January 1, 2027. The transition follows the planned retirement of Mary A. Francis and is unlikely to materially affect near-term earnings. Siva Barnwell Adams Named Corporate Secretary and Chief Governance Officer
Negative Sentiment: After a roughly 59% year-to-date rally, CVX trades above many prior analyst targets. Some investors may be taking profits, with valuation models warning that expectations for refining profits and future growth may now be aggressive. Chevron Is Up 59% This Year and Trades Above Its Price Target. Time to Take Profits?
Negative Sentiment: Chevron plans to increase exploration spending by 50% and commit significant capital to Venezuela and other frontier projects. These investments could pressure near-term free cash flow and carry geopolitical and execution risks.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on CVX shares. UBS Group upped their price objective on shares of Chevron from $235.00 to $265.00 and gave the stock a “buy” rating in a research report on Monday. Dbs Bank upgraded shares of Chevron to a “moderate buy” rating in a research report on Thursday, August 6th. Bank of America lifted their target price on shares of Chevron from $210.00 to $227.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. BMO Capital Markets boosted their price target on shares of Chevron from $210.00 to $235.00 and gave the stock an “outperform” rating in a research note on Thursday, September 3rd. Finally, Royal Bank Of Canada increased their price target on shares of Chevron from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $218.46.

View Our Latest Stock Analysis on Chevron

Chevron 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.