Chevron Corporation $CVX Stock Position Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in shares of Chevron Corporation (NYSE:CVX) by 28.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,109,473 shares of the oil and gas company’s stock after buying an additional 3,349,193 shares during the period. Chevron makes up 0.5% of Dimensional Fund Advisors LP’s portfolio, making the stock its 16th biggest position. Dimensional Fund Advisors LP owned about 0.87% of Chevron worth $2,346,456,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in CVX. Vishria Bird Financial Group LLC boosted its stake in Chevron by 1.2% during the 3rd quarter. Vishria Bird Financial Group LLC now owns 5,285 shares of the oil and gas company’s stock valued at $821,000 after purchasing an additional 65 shares in the last quarter. Nexus Investment Management ULC boosted its stake in Chevron by 0.9% during the third quarter. Nexus Investment Management ULC now owns 7,641 shares of the oil and gas company’s stock valued at $1,187,000 after buying an additional 65 shares in the last quarter. Scott & Selber Inc. grew its holdings in Chevron by 0.5% during the third quarter. Scott & Selber Inc. now owns 13,391 shares of the oil and gas company’s stock worth $2,079,000 after acquiring an additional 65 shares during the period. White Knight Strategic Wealth Advisors LLC raised its position in Chevron by 3.0% in the second quarter. White Knight Strategic Wealth Advisors LLC now owns 2,230 shares of the oil and gas company’s stock worth $319,000 after acquiring an additional 65 shares in the last quarter. Finally, William B. Walkup & Associates Inc. lifted its holdings in Chevron by 1.0% in the 3rd quarter. William B. Walkup & Associates Inc. now owns 6,356 shares of the oil and gas company’s stock valued at $987,000 after acquiring an additional 66 shares during the last quarter. 72.42% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CVX has been the topic of a number of research reports. JPMorgan Chase & Co. upgraded shares of Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 target price on the stock in a report on Tuesday, January 20th. Barclays lifted their price target on shares of Chevron from $158.00 to $166.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 21st. Bank of America increased their price objective on Chevron from $188.00 to $206.00 and gave the company a “buy” rating in a research report on Monday. HSBC cut Chevron from a “buy” rating to a “hold” rating and set a $180.00 target price on the stock. in a report on Monday, February 2nd. Finally, Zacks Research raised Chevron from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $178.95.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Middle East tensions have pushed crude and natural-gas futures higher, lifting energy stocks and benefiting Chevron’s outlook as an integrated major. This broader oil rally is a positive tailwind for CVX. Energy investors go stock picking, benefiting Chevron over Exxon
• Positive Sentiment: Several brokerages raised price targets and ratings recently (Citigroup to $210, Bank of America to $206; Melius upgraded to Buy), showing analyst conviction around CVX’s cash returns and growth profile. Benzinga coverage of price-target changes
• Positive Sentiment: Longer-term endorsements: Buffett-era moves increased Chevron exposure in the final Berkshire quarter, a signal some value investors view positively. How Berkshire Hathaway Performed During Buffett’s Final Quarter (CVX)
• Neutral Sentiment: Coverage is mixed overall — some broker consensus remains cautious/hold even as a subset upgrades, resulting in divergent analyst views that can limit sustained momentum. Average broker rating: Hold
• Negative Sentiment: Chevron declared force majeure and paused production at the Leviathan gas field amid escalating regional hostilities — a direct operational hit and an example of how geopolitics can interrupt specific assets and near-term cash flow. What Chevron (CVX)’s Leviathan Shutdown Amid Middle East Tensions Means For Shareholders
• Negative Sentiment: Significant insider selling by R. Hewitt Pate (large block sales on Feb. 27 and Mar. 2 totaling ~93,475 shares) was disclosed in SEC filings — a near-term negative signal that may have amplified profit-taking. SEC Form 4 (insider sales)
• Negative Sentiment: Broader geopolitical risk (Iran’s threats, Strait of Hormuz disruptions) raises volatility and operational risk for majors; while higher oil helps margins, it also increases uncertainty about supply disruptions and regulatory/military outcomes. Why Exxon, Chevron Need To Watch Iran’s Vow To ‘Set Fire’ To Ships

Chevron Trading Down 0.5%

NYSE:CVX opened at $188.56 on Wednesday. The stock has a market cap of $376.25 billion, a PE ratio of 28.31, a price-to-earnings-growth ratio of 12.55 and a beta of 0.67. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $191.56. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.15 and a quick ratio of 0.86. The stock’s 50-day moving average is $171.08 and its two-hundred day moving average is $160.10.

Chevron (NYSE:CVX) last announced its quarterly earnings data 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 firm had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 7.89%. The firm’s revenue was down 10.2% on a year-over-year basis. During the same period in the previous year, the firm posted $2.06 earnings per share. As a group, equities research analysts forecast that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be paid a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.8%. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend is Tuesday, February 17th. Chevron’s dividend payout ratio (DPR) is currently 106.91%.

Insider Buying and Selling at Chevron

In other news, CTO Thomas Ryder Booth sold 1,122 shares of Chevron stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $182.37, for a total transaction of $204,619.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Andrew Benjamin Walz sold 1,463 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $183.83, for a total value of $268,943.29. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 628,373 shares of company stock valued at $107,085,890 in the last quarter. Corporate insiders own 0.20% of the company’s stock.

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.