Solitude Financial Services Sells 2,818 Shares of Chevron Corporation $CVX

Solitude Financial Services lessened its stake in shares of Chevron Corporation (NYSE:CVX) by 11.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 22,507 shares of the oil and gas company’s stock after selling 2,818 shares during the period. Chevron makes up approximately 1.2% of Solitude Financial Services’ portfolio, making the stock its 15th biggest position. Solitude Financial Services’ holdings in Chevron were worth $3,495,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. SlateStone Wealth LLC boosted its holdings in shares of Chevron by 0.9% during the 3rd quarter. SlateStone Wealth LLC now owns 102,367 shares of the oil and gas company’s stock valued at $15,897,000 after acquiring an additional 875 shares in the last quarter. Willis Investment Counsel boosted its stake in shares of Chevron by 23.1% during the third quarter. Willis Investment Counsel now owns 100,029 shares of the oil and gas company’s stock valued at $15,534,000 after purchasing an additional 18,742 shares in the last quarter. Financial & Tax Architects LLC grew its holdings in shares of Chevron by 8.0% during the third quarter. Financial & Tax Architects LLC now owns 49,564 shares of the oil and gas company’s stock worth $7,697,000 after purchasing an additional 3,659 shares during the last quarter. Modus Advisors LLC increased its stake in shares of Chevron by 5.2% in the third quarter. Modus Advisors LLC now owns 21,076 shares of the oil and gas company’s stock valued at $3,273,000 after buying an additional 1,033 shares during the period. Finally, MONECO Advisors LLC raised its holdings in Chevron by 24.8% in the 3rd quarter. MONECO Advisors LLC now owns 28,632 shares of the oil and gas company’s stock valued at $4,446,000 after buying an additional 5,691 shares during the last quarter. 72.42% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Chevron

In related news, CTO Thomas Ryder Booth sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $178.43, for a total value of $1,070,580.00. Following the transaction, the chief technology officer owned 476 shares in the company, valued at approximately $84,932.68. This represents a 92.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Vice Chairman Mark A. Nelson sold 45,800 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $174.17, for a total value of $7,976,986.00. Following the completion of the sale, the insider directly owned 7,161 shares of the company’s stock, valued at $1,247,231.37. This represents a 86.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 793,158 shares of company stock valued at $127,919,578 in the last ninety days. 0.21% of the stock is owned by corporate insiders.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analyst upgrade and fresh price targets helped lift buying interest and pushed CVX toward a new 12‑month high, supporting the rally. Read More.
• Positive Sentiment: Chevron raised its quarterly dividend to $1.78 (annualized $7.12, ~4.0% yield), which can attract income investors and underpin the stock as a dividend play. Read More.
• Positive Sentiment: Chevron signed an initial offshore exploration MOU in Syrian waters with a Qatari investor — a potential long‑term reserves/production upside if projects proceed (geopolitical and sanction risks remain). Read More.
• Positive Sentiment: Reports say Chevron and Exxon are pursuing expansion into OPEC‑linked countries as U.S. policy shifts open deal opportunities — this could accelerate reserves and production if executed. Read More.
• Positive Sentiment: Macro tailwinds for energy (strong YTD sector performance, higher demand forecasts and Chevron’s 2026 growth guidance) provide structural support for the shares. Read More.
• Neutral Sentiment: Senior leadership reshuffle announced for 2026 — orderly succession likely, but not an immediate fundamental driver. Read More.
• Neutral Sentiment: Valuation checks and analyst commentary note CVX has run up recently; some investors are debating whether gains are already priced in after January’s strong performance. Read More.
• Negative Sentiment: Significant insider selling: multiple senior executives (CFO, vice chairman, CTO and others) disclosed multi‑million dollar stock sales over Feb. 3–5 — this can be perceived as profit‑taking or a governance signal that weighs on near‑term sentiment. Read More.
• Negative Sentiment: Q4 results were mixed: EPS slightly beat estimates but revenue missed by roughly $2.4B year‑over‑year — this highlights demand/price pressure and may temper outlook expectations despite cash‑flow guidance. Read More.

Analyst Upgrades and Downgrades

CVX has been the subject of several analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and set a $190.00 price target on shares of Chevron in a research note on Monday. Freedom Capital downgraded Chevron from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. JPMorgan Chase & Co. upgraded Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price objective for the company in a research report on Tuesday, January 20th. Barclays raised their price target on shares of Chevron from $158.00 to $166.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 21st. Finally, Raymond James Financial reiterated an “outperform” rating and set a $160.00 price objective (down from $170.00) on shares of Chevron in a research report on Friday, October 17th. Twelve equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $175.00.

Chevron Stock Up 1.1%

Chevron stock traded up $1.92 during mid-day trading on Friday, reaching $181.15. The stock had a trading volume of 552,963 shares, compared to its average volume of 12,964,931. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 1.15. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $182.59. The stock’s 50-day simple moving average is $158.70 and its 200-day simple moving average is $156.19. The firm has a market capitalization of $364.75 billion, a PE ratio of 27.14, a price-to-earnings-growth ratio of 12.49 and a beta of 0.70.

Chevron (NYSE:CVX) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. The business had revenue of $45.79 billion during the quarter, compared to analyst estimates of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 8.23%. Chevron’s quarterly revenue was down 10.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.06 EPS. On average, sell-side analysts forecast that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be paid a $1.78 dividend. This is a positive change from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date is Tuesday, February 17th. This represents a $7.12 annualized dividend and a yield of 3.9%. Chevron’s dividend payout ratio (DPR) is 106.91%.

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.