Woodley Farra Manion Portfolio Management Inc. Sells 4,844 Shares of Chevron Corporation $CVX

Woodley Farra Manion Portfolio Management Inc. lessened its stake in Chevron Corporation (NYSE:CVX) by 2.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 224,592 shares of the oil and gas company’s stock after selling 4,844 shares during the period. Chevron comprises 1.6% of Woodley Farra Manion Portfolio Management Inc.’s portfolio, making the stock its 29th biggest holding. Woodley Farra Manion Portfolio Management Inc.’s holdings in Chevron were worth $34,877,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Chevron by 17.9% in the third quarter. Vanguard Group Inc. now owns 183,790,028 shares of the oil and gas company’s stock valued at $28,540,753,000 after purchasing an additional 27,961,463 shares in the last quarter. Norges Bank bought a new position in shares of Chevron during the 2nd quarter worth about $2,721,477,000. Bank of New York Mellon Corp boosted its position in shares of Chevron by 27.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 19,627,146 shares of the oil and gas company’s stock valued at $3,047,900,000 after acquiring an additional 4,279,918 shares in the last quarter. Laurel Wealth Advisors LLC boosted its holdings in Chevron by 14,194.2% during the second quarter. Laurel Wealth Advisors LLC now owns 3,722,217 shares of the oil and gas company’s stock valued at $532,984,000 after purchasing an additional 3,696,177 shares in the last quarter. Finally, Berkshire Hathaway Inc boosted its holdings in Chevron by 2.9% during the second quarter. Berkshire Hathaway Inc now owns 122,064,792 shares of the oil and gas company’s stock valued at $17,478,458,000 after purchasing an additional 3,454,258 shares in the last quarter. 72.42% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analyst upgrades: Recent analyst upgrades lifted buying interest — one note explicitly drove a pop in shares and Melius Research raised its rating. Chevron (NYSE:CVX) Shares Up 1.8% After Analyst Upgrade Chevron (NYSE:CVX) Stock Rating Upgraded by Melius Research
• Positive Sentiment: Momentum/technical breakout: Coverage notes Chevron hit a 52‑week high, which can attract momentum buyers and index flows. Chevron Corp Hits 52-Week High — What’s Driving The Move?
• Positive Sentiment: Dividend & income appeal: Several outlets highlight Chevron as a top dividend stalwart for retirees and income investors, supporting longer‑term demand from yield‑focused funds. Retirees Are Winning Big in 2026: 3 Popular Dividend Stocks Are Soaring
• Positive Sentiment: Market leadership: Coverage points to Chevron among top Dow performers year‑to‑date, reinforcing institutional interest. Caterpillar, Honeywell, and Chevron Lead the Dow Jones in 2026
• Neutral Sentiment: Bullish investment thesis pieces: Analysts and commentators publish buy‑and‑hold theses (e.g., Seeking Alpha) and valuation checks (Yahoo) arguing both long‑term case and the question of whether recent gains leave less upside. Chevron: Buy And Hold Like Berkshire Hathaway Is Chevron (CVX) Still Priced Attractively After Strong Multi Year Share Gains
• Negative Sentiment: Geopolitical/regulatory risk: Turkey publicly opposed Greece’s Chevron‑led exploration off Crete, raising a potential regional political/regulatory overhang that could affect projects or timelines. Turkey says Greece-Chevron activity off Crete unlawful
• Negative Sentiment: Insider selling: A recent report of insider sales briefly pushed the stock lower, a reminder that insider activity can create short‑term selling pressure even amid broader bullish flows. Chevron (NYSE:CVX) Stock Price Down 1.8% After Insider Selling

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on CVX shares. HSBC downgraded Chevron from a “buy” rating to a “hold” rating and set a $180.00 target price for the company. in a research report on Monday, February 2nd. Barclays lifted their price objective on Chevron from $158.00 to $166.00 and gave the company an “equal weight” rating in a report on Wednesday, January 21st. Wall Street Zen raised shares of Chevron from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. TD Cowen lifted their price target on shares of Chevron from $160.00 to $168.00 and gave the company a “hold” rating in a report on Monday, February 2nd. Finally, Sanford C. Bernstein boosted their price target on shares of Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a research report on Monday, January 5th. Thirteen analysts have rated the stock with 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 currently has a consensus rating of “Hold” and a consensus price target of $176.36.

Chevron Price Performance

Shares of CVX stock traded down $0.33 during trading hours on Friday, reaching $184.45. 892,041 shares of the company were exchanged, compared to its average volume of 12,164,189. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $187.90. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. The stock’s fifty day moving average is $165.18 and its two-hundred day moving average is $158.25. The company has a market cap of $371.40 billion, a price-to-earnings ratio of 27.61, a P/E/G ratio of 12.17 and a beta of 0.70.

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

Chevron Increases Dividend

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

Insider Activity

In related news, CTO Thomas Ryder Booth sold 1,122 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $182.37, for a total value of $204,619.14. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Eimear P. Bonner sold 32,100 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $175.01, for a total transaction of $5,617,821.00. Following the completion of the transaction, the chief financial officer directly owned 4,366 shares in the company, valued at approximately $764,093.66. The trade was a 88.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 531,027 shares of company stock worth $88,833,430. Corporate insiders own 0.21% of the company’s stock.

Chevron Company 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.