First Nebraska Trust Co Acquires New Position in Chevron Corporation $CVX

Posted by Brenda Bartman on Nov 4th, 2026

First Nebraska Trust Co acquired a new position in shares of Chevron Corporation (NYSE:CVX – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 95,670 shares of the oil and gas company’s stock, valued at approximately $19,537,000. Chevron accounts for about 1.6% of First Nebraska Trust Co’s holdings, making the stock its 13th biggest position.

Several other hedge funds also recently modified their holdings of the stock. Main Street Group LTD bought a new position in Chevron during the first quarter worth $28,000. Kilter Group LLC bought a new stake in Chevron in the second quarter valued at $28,000. Principia Wealth Advisory LLC increased its stake in Chevron by 49.6% in the second quarter. Principia Wealth Advisory LLC now owns 181 shares of the oil and gas company’s stock valued at $30,000 after purchasing an additional 60 shares in the last quarter. Financial Connections Group Inc. increased its stake in Chevron by 129.3% in the first quarter. Financial Connections Group Inc. now owns 211 shares of the oil and gas company’s stock valued at $43,000 after purchasing an additional 119 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID raised its holdings in shares of Chevron by 81.8% during the first quarter. Legacy Wealth Managment LLC ID now owns 220 shares of the oil and gas company’s stock valued at $46,000 after purchasing an additional 99 shares during the period. Institutional investors own 72.42% of the company’s stock.

Insider Buying and Selling at Chevron

In other news, CEO Michael K. Wirth sold 317,100 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $200.46, for a total value of $63,565,866.00. Following the sale, the chief executive officer directly owned 26,308 shares of the company’s stock, valued at approximately $5,273,701.68. This represents a 92.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider R. Pate sold 40,700 shares of the firm’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $226.65, for a total transaction of $9,224,655.00. Following the completion of the transaction, the insider owned 8,791 shares of the company’s stock, valued at $1,992,480.15. This trade represents a 82.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 379,470 shares of company stock valued at $77,216,415 in the last quarter. 0.56% of the stock is currently owned by corporate insiders.

Chevron Price Performance

Chevron stock opened at $225.58 on Wednesday. The firm has a market capitalization of $445.70 billion, a P/E ratio of 16.50, a PEG ratio of 0.54 and a beta of 0.47. Chevron Corporation has a one year low of $146.49 and a one year high of $236.48. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.25 and a quick ratio of 0.98. The business has a fifty day moving average price of $214.06 and a 200-day moving average price of $193.68.

Chevron (NYSE:CVX – Get Free Report) last released its quarterly earnings data on Friday, October 30th. The oil and gas company reported $5.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.87 by $0.41. The company had revenue of $65.24 billion for the quarter, compared to analyst estimates of $61.82 billion. Chevron had a return on equity of 14.64% and a net margin of 11.56%. The firm’s revenue for the quarter was up 36.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.85 EPS. As a group, equities research analysts forecast that Chevron Corporation will post 18.20 EPS for the current year.

Chevron Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 18th will be issued a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, November 18th. Chevron’s payout ratio is presently 52.08%.

Analyst Ratings Changes

CVX has been the topic of a number of research analyst reports. Mizuho set a $234.00 price objective on shares of Chevron in a research report on Monday, October 12th. Raymond James Financial decreased their target price on Chevron from $230.00 to $225.00 and set an “outperform” rating for the company in a research report on Tuesday, July 21st. Morgan Stanley upped their price target on Chevron from $226.00 to $230.00 and gave the stock an “overweight” rating in a research note on Monday. Dbs Bank upgraded Chevron to a “moderate buy” rating in a report on Thursday, August 6th. Finally, Argus raised their price objective on Chevron from $206.00 to $211.00 and gave the company a “buy” rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $222.04.

Check Out Our Latest Analysis on CVX

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

Positive Sentiment: Chevron reported adjusted third-quarter earnings of $5.28 per share, topping expectations, with record U.S. refinery throughput and strong refining margins contributing to results. UBS raised its price target to $265 and retained a Buy rating after the results. Q3 results deep dive
Positive Sentiment: Chevron says it remains on track to supply power to a Microsoft West Texas data center in 2028 through Project Kilby, despite permitting uncertainty—an update supporting its efforts to build data-center energy demand into a growth opportunity. Chevron data-center power target
Neutral Sentiment: Oil-market sentiment is volatile: Brent fell about 8% after signals that Iran may be open to peace talks, but reports of U.S. strikes in Iran complicate the outlook. A sustained easing of conflict could pressure crude prices, while renewed escalation could reverse the move. Oil-market reaction to Iran news
Negative Sentiment: Lower crude prices pose a potential headwind for Chevron’s upstream earnings, and the shares may also be vulnerable to profit-taking after a substantial rally. ETF flows were mixed, with reports of net sales on Oct. 30. ETF sales of Chevron shares
Negative Sentiment: DZ Bank lowered its rating from Buy to Hold, adding a cautious analyst view even as its $240 target remains above the quoted share price. DZ Bank rating action

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.