Chevron Corporation $CVX Shares Purchased by Securian Asset Management Inc.

Securian Asset Management Inc. grew its holdings in shares of Chevron Corporation (NYSE:CVX) by 9.5% during the third quarter, Holdings Channel reports. The firm owned 92,944 shares of the oil and gas company’s stock after acquiring an additional 8,029 shares during the quarter. Securian Asset Management Inc.’s holdings in Chevron were worth $14,433,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Perigon Wealth Management LLC raised its position in shares of Chevron by 19.3% during the 3rd quarter. Perigon Wealth Management LLC now owns 73,448 shares of the oil and gas company’s stock worth $11,406,000 after purchasing an additional 11,875 shares during the period. Solitude Financial Services boosted its position in Chevron by 8.2% during the 2nd quarter. Solitude Financial Services now owns 25,325 shares of the oil and gas company’s stock valued at $3,626,000 after purchasing an additional 1,913 shares during the period. Pictet North America Advisors SA bought a new position in Chevron during the 3rd quarter worth $5,662,000. Shell Asset Management Co. increased its position in Chevron by 21.4% in the second quarter. Shell Asset Management Co. now owns 51,115 shares of the oil and gas company’s stock worth $7,319,000 after buying an additional 9,002 shares during the period. Finally, Mutual Advisors LLC lifted its stake in Chevron by 7.3% in the second quarter. Mutual Advisors LLC now owns 88,759 shares of the oil and gas company’s stock valued at $13,743,000 after buying an additional 6,058 shares during the last quarter. 72.42% of the stock is currently owned by institutional investors.

Chevron Price Performance

NYSE CVX opened at $155.20 on Thursday. Chevron Corporation has a 12 month low of $132.04 and a 12 month high of $168.96. The firm has a market capitalization of $312.50 billion, a PE ratio of 21.83, a P/E/G ratio of 9.80 and a beta of 0.70. The company’s 50 day simple moving average is $152.10 and its 200 day simple moving average is $153.27. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86.

Chevron (NYSE:CVX) last issued its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.71 by $0.14. Chevron had a return on equity of 8.74% and a net margin of 6.57%.The firm had revenue of $48.17 billion during the quarter, compared to analyst estimates of $46.99 billion. During the same period last year, the company posted $2.48 EPS. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. As a group, equities research analysts forecast that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Tuesday, November 18th were paid a dividend of $1.71 per share. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $6.84 annualized dividend and a yield of 4.4%. Chevron’s dividend payout ratio (DPR) is currently 96.20%.

Analysts Set New Price Targets

A number of research firms have issued reports on CVX. Barclays reduced their target price on shares of Chevron from $160.00 to $158.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 7th. Scotiabank boosted their price objective on Chevron from $160.00 to $165.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 9th. Bank of America lowered their target price on Chevron from $183.00 to $180.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chevron in a research note on Wednesday, October 8th. Finally, Hsbc Global Res raised Chevron from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $166.90.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron is in talks with the U.S. government to expand a license to operate in Venezuela, which could allow increased crude exports to Chevron’s refineries and third-party sales — a direct, near‑term revenue upside if approved. Exclusive: Chevron in talks with US government for expanded Venezuela license, sources say
• Positive Sentiment: Reports say Chevron and Quantum Energy Partners are lining up a bid for roughly $22B of Lukoil’s international assets — a strategic acquisition that could expand Chevron’s upstream footprint and asset base if sanctioned‑asset deals clear regulatory review. Chevron, Quantum Energy Partners line up bid for $22 billion of Lukoil assets, FT reports
• Positive Sentiment: Analysts and sector writeups continue to highlight Chevron’s unique refining capability on the U.S. Gulf Coast to process heavy Venezuelan crude — a structural advantage that underpins the bullish narrative if Venezuelan barrels flow. Why Chevron’s Venezuela Exposure Puts CVX Stock in Play for 2026
• Neutral Sentiment: Unusually large options activity has been flagged on CVX — this can amplify intraday moves but doesn’t by itself change fundamentals; it’s a sign of traders positioning for continued volatility. Chevron Target of Unusually Large Options Trading (NYSE:CVX)
• Neutral Sentiment: Shipping data shows Chevron’s Venezuelan exports flowing while others pause — operationally supportive but still subject to sanction and buyer uncertainties. Venezuela’s oil deliveries to Asia at standstill, Chevron’s exports flowing -shipping data
• Negative Sentiment: Large insider sales were disclosed: CFO Eimear Bonner and director Alana Knowles sold sizable positions at about $165 per share on Jan. 5 — these exits can signal near‑term selling pressure and dent investor confidence. SEC Form 4 (Eimear P. Bonner) Alana K. Knowles insider sale
• Negative Sentiment: Analyst warnings and downgrades have emerged: Freedom Capital downgraded CVX to “strong sell,” and some brokers/notes caution that Venezuelan upside is uncertain and will take years, pressuring sentiment after the quick rally. Freedom Capital downgrade via Zacks
• Negative Sentiment: Market commentary (MarketWatch/Forbes/Seeking Alpha) emphasizes operational, legal and investment hurdles in Venezuela — a reality check that has driven short‑term profit taking and greater risk aversion. Chevron’s stock falls as the market gets a reality check on Venezuela

Insider Transactions at Chevron

In other Chevron news, CFO Eimear P. Bonner sold 28,334 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $165.05, for a total value of $4,676,526.70. Following the sale, the chief financial officer directly owned 4,366 shares in the company, valued at approximately $720,608.30. The trade was a 86.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael K. Wirth sold 320,700 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $162.99, for a total transaction of $52,270,893.00. Following the completion of the sale, the chief executive officer directly owned 14,450 shares of the company’s stock, valued at $2,355,205.50. The trade was a 95.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 631,990 shares of company stock valued at $99,716,808 in the last three months. 0.21% of the stock is currently owned by insiders.

Chevron Profile

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.