Outfitters Financial LLC Buys New Stake in Chevron Corporation $CVX

Outfitters Financial LLC purchased a new position in shares of Chevron Corporation (NYSE:CVX) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,978 shares of the oil and gas company’s stock, valued at approximately $2,637,000. Chevron accounts for approximately 2.1% of Outfitters Financial LLC’s investment portfolio, making the stock its 14th largest holding.

Other institutional investors also recently added to or reduced their stakes in the company. Quaker Wealth Management LLC lifted its position in shares of Chevron by 197.7% during the 2nd quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock worth $31,000 after buying an additional 439 shares during the period. Vermillion & White Wealth Management Group LLC grew its position in Chevron by 86.1% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 118 shares during the period. IMG Wealth Management Inc. raised its stake in Chevron by 52.3% during the second quarter. IMG Wealth Management Inc. now owns 265 shares of the oil and gas company’s stock worth $38,000 after acquiring an additional 91 shares in the last quarter. GFG Capital LLC bought a new position in shares of Chevron during the second quarter valued at $42,000. Finally, LFA Lugano Financial Advisors SA boosted its stake in shares of Chevron by 106.7% in the 2nd quarter. LFA Lugano Financial Advisors SA now owns 310 shares of the oil and gas company’s stock valued at $44,000 after purchasing an additional 160 shares in the last quarter. 72.42% of the stock is owned by institutional investors and hedge funds.

Key Chevron News

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

Chevron Price Performance

Shares of CVX stock opened at $155.20 on Thursday. Chevron Corporation has a 1 year low of $132.04 and a 1 year high of $168.96. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. The firm’s 50 day moving average is $152.10 and its 200-day moving average is $153.27. The firm has a market capitalization of $312.50 billion, a price-to-earnings ratio of 21.83, a PEG ratio of 9.80 and a beta of 0.70.

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

Chevron Dividend Announcement

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

Insider Transactions at Chevron

In other Chevron news, insider Alana K. Knowles sold 7,956 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $165.05, for a total transaction of $1,313,137.80. Following the transaction, the insider directly owned 1,207 shares in the company, valued at approximately $199,215.35. This represents a 86.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Eimear P. Bonner sold 28,334 shares of Chevron stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $165.05, for a total transaction of $4,676,526.70. Following the sale, the chief financial officer owned 4,366 shares of the company’s stock, valued at approximately $720,608.30. This represents a 86.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 631,990 shares of company stock worth $99,716,808 in the last ninety days. 0.21% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on CVX. Scotiabank upped their target price on shares of Chevron from $160.00 to $165.00 and gave the stock a “sector perform” rating in a report on Thursday, October 9th. Freedom Capital cut shares of Chevron from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Mizuho lifted their target price on shares of Chevron from $204.00 to $206.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Sanford C. Bernstein boosted their target price on Chevron from $170.00 to $172.00 and gave the stock a “market perform” rating in a report on Monday. Finally, Morgan Stanley increased their price target on Chevron from $177.00 to $180.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, Chevron has a consensus rating of “Hold” and a consensus price target of $166.90.

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.