Whittier Trust Co. of Nevada Inc. Has $46.40 Million Stake in Chevron Corporation $CVX

Whittier Trust Co. of Nevada Inc. lowered its stake in shares of Chevron Corporation (NYSE:CVX) by 5.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 302,178 shares of the oil and gas company’s stock after selling 16,371 shares during the period. Chevron makes up 1.0% of Whittier Trust Co. of Nevada Inc.’s portfolio, making the stock its 17th biggest position. Whittier Trust Co. of Nevada Inc.’s holdings in Chevron were worth $46,399,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of CVX. Investment Partners Asset Management Inc. grew its stake in Chevron by 10.5% in the second quarter. Investment Partners Asset Management Inc. now owns 1,577 shares of the oil and gas company’s stock valued at $226,000 after acquiring an additional 150 shares during the period. Patton Fund Management Inc. bought a new position in shares of Chevron during the 2nd quarter valued at about $227,000. Cove Private Wealth LLC grew its position in shares of Chevron by 16.4% in the 2nd quarter. Cove Private Wealth LLC now owns 11,800 shares of the oil and gas company’s stock valued at $1,690,000 after purchasing an additional 1,662 shares during the period. NovaPoint Capital LLC increased its stake in Chevron by 8.8% during the 2nd quarter. NovaPoint Capital LLC now owns 18,781 shares of the oil and gas company’s stock worth $2,689,000 after purchasing an additional 1,513 shares in the last quarter. Finally, Old Port Advisors raised its holdings in Chevron by 7.3% during the 2nd quarter. Old Port Advisors now owns 18,722 shares of the oil and gas company’s stock worth $2,681,000 after buying an additional 1,270 shares during the period. 72.42% of the stock is owned by institutional investors.

Chevron Trading Up 0.0%

Chevron stock opened at $166.74 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 1.15. The stock has a 50-day simple moving average of $154.52 and a 200 day simple moving average of $154.83. The stock has a market capitalization of $335.73 billion, a P/E ratio of 23.45, a PEG ratio of 10.91 and a beta of 0.70. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $169.37.

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

Chevron Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 18th were paid a $1.71 dividend. The ex-dividend date was Tuesday, November 18th. This represents a $6.84 annualized dividend and a yield of 4.1%. Chevron’s payout ratio is 96.20%.

Insider Buying and Selling at Chevron

In other Chevron news, CEO Michael K. Wirth sold 320,700 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer owned 14,450 shares in the company, valued at $2,355,205.50. This represents a 95.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John B. Hess sold 275,000 shares of Chevron stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $150.75, for a total transaction of $41,456,250.00. Following the completion of the sale, the director owned 1,128,045 shares of the company’s stock, valued at approximately $170,052,783.75. The trade was a 19.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 635,190 shares of company stock worth $100,254,408. 0.21% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Morgan Stanley dropped their price objective on shares of Chevron from $180.00 to $174.00 and set an “overweight” rating on the stock in a report on Friday. Mizuho increased their price objective on Chevron from $204.00 to $206.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Barclays upped their price target on Chevron from $158.00 to $166.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Zacks Research raised shares of Chevron from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Finally, Wells Fargo & Company raised their target price on shares of Chevron from $190.00 to $196.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $170.00.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Heavy options activity suggests institutional bullishness — Benzinga reports “smart money” is placing large bets in CVX options, which can signal traders positioning for upside or volatility. Smart Money Is Betting Big In CVX Options
• Positive Sentiment: Broker upgrades/target increases are lifting sentiment — JPMorgan upgraded CVX and Scotiabank raised its target to $168, providing analyst support for the stock. Chevron Stock Rating Upgraded by JPMorgan Chase & Co. Scotiabank raises CVX target to $168
• Positive Sentiment: Portfolio moves and buy-side commentary emphasize CVX’s yield and balance-sheet strength — The Motley Fool and dividend-screen lists continue to feature Chevron as an income pick, which can attract long-term income-focused buyers. 3 Reasons to Buy Chevron Stock Like There’s No Tomorrow Best Dividend Stocks to Buy in 2026
• Positive Sentiment: Asset-sale progress to streamline portfolio — Chevron expects to conclude the sale of its Singapore refining stake by Q1, which could free cash and improve capital allocation. Chevron Plans to Conclude Sale of Singapore Assets by Q1 FY26
• Neutral Sentiment: Longer-term catalysts under review — Coverage pieces highlight Leviathan expansion, progress on Venezuela exposure and post‑Hess integration as potential longer-term upside drivers; these are not immediate earnings drivers but could affect valuation over time. Chevron (CVX) Valuation Check After Leviathan Expansion U.S. Moves on Venezuela and Leviathan Gas Might Change The Case For Investing In Chevron
• Neutral Sentiment: Analyst commentary roundup — The Globe and Mail and other outlets are publishing analyst insights on CVX; useful for context but not single‑handedly market moving. Analysts Offer Insights on Energy Companies: Chevron (CVX)
• Negative Sentiment: Operational disruption at Tengiz is a near-term headwind — Chevron says production at the large Tengiz field in Kazakhstan has not resumed following a recent shutdown, which could trim volumes and revenue while outage persists. Kazakhstan’s Tengiz oil production has not yet resumed, Chevron says
• Negative Sentiment: Q4 earnings expectations look weak — A Zacks preview notes Chevron lacks the key ingredients for an earnings beat and Q4 EPS are expected to decline, which raises the risk of a disappointed reaction when the company reports. Earnings Preview: Chevron (CVX) Q4 Earnings Expected to Decline

About Chevron

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.