Chevron Corporation $CVX Shares Bought by Rakuten Investment Management Inc.

Posted by Geri Gentry on Nov 4th, 2026

Rakuten Investment Management Inc. lifted its position in shares of Chevron Corporation (NYSE:CVX – Free Report) by 13.5% during the third quarter, Holdings Channel reports. The firm owned 345,945 shares of the oil and gas company’s stock after acquiring an additional 41,260 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Chevron were worth $70,704,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Gemmer Asset Management LLC boosted its position in shares of Chevron by 1.1% in the 3rd quarter. Gemmer Asset Management LLC now owns 4,254 shares of the oil and gas company’s stock valued at $869,000 after purchasing an additional 47 shares during the period. Livet Wealth LLC increased its position in Chevron by 4.0% during the third quarter. Livet Wealth LLC now owns 1,268 shares of the oil and gas company’s stock worth $259,000 after buying an additional 49 shares during the period. First PREMIER Bank increased its position in Chevron by 0.8% during the second quarter. First PREMIER Bank now owns 6,450 shares of the oil and gas company’s stock worth $1,070,000 after buying an additional 50 shares during the period. Vanguard Capital Wealth Advisors increased its position in Chevron by 1.8% during the second quarter. Vanguard Capital Wealth Advisors now owns 2,818 shares of the oil and gas company’s stock worth $467,000 after buying an additional 50 shares during the period. Finally, Nautilus Advisors LLC lifted its stake in Chevron by 2.8% in the third quarter. Nautilus Advisors LLC now owns 1,859 shares of the oil and gas company’s stock valued at $380,000 after buying an additional 50 shares during the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Insider Activity

In related news, insider Andrew Walz sold 16,800 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $201.06, for a total transaction of $3,377,808.00. Following the completion of the sale, the insider directly owned 14 shares of the company’s stock, valued at $2,814.84. This trade represents a 99.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider R. Pate sold 40,700 shares of Chevron stock in a transaction 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 in the company, valued at approximately $1,992,480.15. This trade represents a 82.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 379,470 shares of company stock valued at $77,216,415. Company insiders own 0.56% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on CVX shares. HSBC set a $90.00 price objective on Chevron in a report on Friday, September 25th. Piper Sandler raised their target price on shares of Chevron from $207.00 to $243.00 and gave the stock an “overweight” rating in a research report on Thursday, September 3rd. Royal Bank Of Canada lifted their target price on shares of Chevron from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Thursday, September 24th. Barclays upped their price target on shares of Chevron from $208.00 to $244.00 and gave the company an “equal weight” rating in a research report on Monday. Finally, Sanford C. Bernstein increased their price target on shares of Chevron from $204.00 to $209.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Chevron has a consensus rating of “Moderate Buy” and a consensus target price of $222.04.

Check Out Our Latest Stock Report on Chevron

Chevron Stock Performance

Shares of CVX stock opened at $225.58 on Wednesday. The stock has a market capitalization of $445.70 billion, a PE ratio of 16.50, a price-to-earnings-growth ratio of 0.54 and a beta of 0.47. Chevron Corporation has a 52-week low of $146.49 and a 52-week high of $236.48. The stock’s 50-day moving average price is $214.06 and its 200 day moving average price is $193.68. The company has a quick ratio of 0.98, a current ratio of 1.25 and a debt-to-equity ratio of 0.19.

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

Chevron Dividend Announcement

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

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.