Kozak & Associates Inc. Sells 4,891 Shares of Chevron Corporation $CVX

Kozak & Associates Inc. lowered its holdings in shares of Chevron Corporation (NYSE:CVX) by 52.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,461 shares of the oil and gas company’s stock after selling 4,891 shares during the period. Kozak & Associates Inc.’s holdings in Chevron were worth $723,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Castleview Partners LLC lifted its stake in Chevron by 46.6% during the fourth quarter. Castleview Partners LLC now owns 4,092 shares of the oil and gas company’s stock worth $624,000 after purchasing an additional 1,300 shares during the period. Traynor Capital Management Inc. grew its stake in shares of Chevron by 4.0% in the 4th quarter. Traynor Capital Management Inc. now owns 25,359 shares of the oil and gas company’s stock valued at $3,865,000 after purchasing an additional 975 shares during the period. Hickory Point Bank & Trust raised its holdings in shares of Chevron by 2.6% in the 4th quarter. Hickory Point Bank & Trust now owns 8,876 shares of the oil and gas company’s stock worth $1,353,000 after buying an additional 227 shares in the last quarter. CCM Investment Advisers LLC raised its holdings in shares of Chevron by 0.9% in the 4th quarter. CCM Investment Advisers LLC now owns 73,982 shares of the oil and gas company’s stock worth $11,276,000 after buying an additional 688 shares in the last quarter. Finally, Central Valley Advisors LLC lifted its position in shares of Chevron by 5.4% during the 4th quarter. Central Valley Advisors LLC now owns 17,343 shares of the oil and gas company’s stock worth $2,643,000 after buying an additional 882 shares during the period. Institutional investors own 72.42% of the company’s stock.

Chevron Stock Up 1.3%

NYSE CVX opened at $207.81 on Friday. The stock’s 50 day simple moving average is $184.62 and its 200 day simple moving average is $164.74. Chevron Corporation has a one year low of $132.04 and a one year high of $209.79. The firm has a market cap of $414.67 billion, a PE ratio of 31.20, a price-to-earnings-growth ratio of 1.90 and a beta of 0.67. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.15 and a quick ratio of 0.86.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.08. The firm had revenue of $45.79 billion during the quarter, compared to the consensus estimate of $48.18 billion. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The business’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.06 EPS. As a group, sell-side analysts forecast that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were issued a $1.78 dividend. 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 dividend yield of 3.4%. The ex-dividend date of this dividend was Tuesday, February 17th. Chevron’s dividend payout ratio (DPR) is presently 106.91%.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analyst bullishness — Bernstein raised its price target on Chevron citing a stronger crude backdrop, supporting higher upside expectations for CVX. Chevron (CVX) price target raised by Bernstein on stronger crude backdrop
• Positive Sentiment: Commodity tailwinds — Multiple outlets note oil has spiked (near $100/bbl), which benefits Chevron given its low breakeven cost structure and strong cash flow generation. This supports dividend safety and capital returns. Oil Just Hit $100 a Barrel. Here’s the 1 Energy Stock Built to Win Whether Prices Stay High or Crash.
• Positive Sentiment: Analyst estimates lifted — Erste Group raised FY2027 EPS estimates for Chevron, reinforcing expectations for stronger earnings if elevated oil prices persist. Erste Group raises FY2027 EPS estimate for Chevron
• Neutral Sentiment: Strategic moves — Chevron’s crude offtake deal with Sable Offshore increases West Coast supply exposure; useful for refining feed but introduces localized logistics and environmental considerations. Chevron’s Sable Offshore Deal Adds West Coast Supply And Risk Considerations
• Neutral Sentiment: Corporate governance update — Board bylaws were updated post‑Hess acquisition; routine but worth watching for any governance changes that could affect investor rights. Chevron Updates Board Bylaws Following Hess Acquisition
• Negative Sentiment: Operational hit — Chevron reported production outages at its Gorgon and Wheatstone gas facilities in Australia due to Tropical Cyclone Narelle; this could trim near‑term volumes and revenues until production is restored. Chevron reports outage at Australian gas facilities due to cyclone
• Negative Sentiment: Regulatory risk — A proposed “Big Oil Windfall Profits Tax” (S.4111) would target large producers (including CVX) and could materially raise tax burdens if enacted, adding policy risk to the upside in commodity prices. New Bill: Senator Sheldon Whitehouse introduces S. 4111: Big Oil Windfall Profits Tax Act
• Negative Sentiment: Regional supply concerns — Chevron warns of a potential California fuel crisis as imports slow and refining constraints persist; such supply stresses can spur political scrutiny and local price volatility. Chevron Raises Alarm Over California Energy Crisis as Imports Slow

Insider Activity at Chevron

In other Chevron news, insider R. Hewitt Pate sold 58,000 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $188.65, for a total transaction of $10,941,700.00. Following the sale, the insider owned 8,558 shares of the company’s stock, valued at $1,614,466.70. This represents a 87.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Eimear P. Bonner sold 32,100 shares of the firm’s stock in a transaction dated 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 sale, the chief financial officer owned 4,366 shares of the company’s stock, valued at $764,093.66. The trade was a 88.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,099,397 shares of company stock worth $196,196,468 in the last 90 days. Corporate insiders own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on CVX shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chevron in a research note on Wednesday, January 21st. Zacks Research raised Chevron from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. Bank of America boosted their target price on shares of Chevron from $188.00 to $206.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Citigroup upped their target price on shares of Chevron from $179.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Finally, Barclays increased their target price on shares of Chevron from $172.00 to $180.00 and gave the stock an “equal weight” rating in a research report on Monday, March 16th. Fourteen research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $184.77.

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.