Chevron Corporation $CVX is FourThought Financial Partners LLC’s 8th Largest Position

FourThought Financial Partners LLC raised its stake in shares of Chevron Corporation (NYSE:CVX) by 2.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 135,643 shares of the oil and gas company’s stock after acquiring an additional 3,081 shares during the period. Chevron makes up 1.9% of FourThought Financial Partners LLC’s holdings, making the stock its 8th biggest holding. FourThought Financial Partners LLC’s holdings in Chevron were worth $21,064,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of CVX. Decker Retirement Planning Inc. purchased a new position in shares of Chevron in the 3rd quarter valued at about $34,000. Vermillion & White Wealth Management Group LLC boosted its stake in Chevron by 86.1% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock worth $37,000 after purchasing an additional 118 shares during the period. Marquette Asset Management LLC acquired a new position in Chevron in the 3rd quarter valued at about $41,000. Barnes Dennig Private Wealth Management LLC lifted its holdings in shares of Chevron by 306.1% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 268 shares of the oil and gas company’s stock worth $42,000 after purchasing an additional 202 shares during the period. Finally, Traub Capital Management LLC acquired a new position in shares of Chevron during the second quarter worth about $46,000. 72.42% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider R. Hewitt Pate sold 58,000 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $188.65, for a total value of $10,941,700.00. Following the completion of the transaction, the insider owned 8,558 shares of the company’s stock, valued at approximately $1,614,466.70. This trade represents a 87.14% 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 32,100 shares of the company’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $175.01, for a total value of $5,617,821.00. Following the transaction, the chief financial officer directly owned 4,366 shares in the company, valued at $764,093.66. The trade was a 88.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,052,197 shares of company stock valued at $187,128,404 over the last 90 days. 0.20% of the stock is owned by corporate insiders.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Oil price spike from Middle East tensions and production cuts lifts revenue and cash-flow outlook for major producers like Chevron; higher crude supports refining/upstream margins and dividend/cash-return capacity. Exxon & Chevron Jump While Berkshire Drops on Sunday Night
• Positive Sentiment: BofA analyst upgrade and $206 price target prompted buying interest and helped push CVX shares higher, reinforcing a bullish narrative among institutional investors. Chevron (CVX) Stock Surges Past $191 Following BofA’s Bullish $206 Target Upgrade
• Positive Sentiment: Strategic M&A and asset moves: Chevron completed the Hess acquisition (adds Guyana exposure) and has exclusive talks for Iraq’s West Qurna 2, bolstering long‑term production growth expectations. Chevron’s Hess Deal And West Qurna 2 Talks Test Valuation Story
• Positive Sentiment: Chevron is reportedly in talks to buy ~30% of Brazil fuel distributor Ipiranga (Ultrapar stake), a potential distribution footprint expansion in Latin America that could improve downstream margins and local market access. Chevron in talks with Ultrapar to buy 30% of Brazil’s Ipiranga – report
• Positive Sentiment: Operational wins: Chevron signed a five‑year gas supply deal with Horizon Power in Western Australia, locking in long‑term contracted cash flow from major WA projects. Chevron Secures Long-Term Gas Supply Deal With Horizon Power
• Neutral Sentiment: Industry reports spotlight long‑run demand for oil‑shale, infrastructure and connected‑oilfield tech and list Chevron among leaders — supportive for strategic positioning but long‑term and not an immediate earnings driver. Oil Shale Industry Report 2026-2035
• Neutral Sentiment: Options/hedging chatter: market pieces discuss shorting puts/calls or covered-call income strategies on CVX amid a volatile oil patch; signals elevated trading/volatility rather than company fundamentals. If Oil Is at a Peak, Does Shorting Chevron Puts and Calls Make Sense?
• Negative Sentiment: Operational disruption: reports say Chevron will suspend production at the Leviathan gas field offshore Israel — a near‑term hit to volumes/revenue and a reminder of geopolitical operational risk. Chevron to Suspend Production at Leviathan Gas Field Offshore Israel
• Negative Sentiment: Regulatory/political risk: Chevron publicly criticized California Gov. Gavin Newsom’s proposed Cap‑and‑Invest changes, flagging potential impacts to state energy stability and jobs — this raises the prospect of localized regulatory headwinds and reputational/policy friction. Chevron Slams Gavin Newsom’s ‘Disastrous’ Energy Policy

Chevron Stock Performance

CVX opened at $189.43 on Tuesday. Chevron Corporation has a twelve month low of $132.04 and a twelve month high of $192.41. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The stock has a market cap of $377.99 billion, a PE ratio of 28.44, a price-to-earnings-growth ratio of 1.91 and a beta of 0.67. The business’s 50 day moving average is $174.15 and its 200-day moving average is $161.09.

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. Chevron had a net margin of 6.51% and a return on equity of 7.89%. The business had revenue of $45.79 billion during the quarter, compared to the consensus estimate of $48.18 billion. During the same quarter in the prior year, the company posted $2.06 earnings per share. The company’s quarterly revenue was down 10.2% compared to the same quarter last year. On average, analysts predict that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CVX. Mizuho lifted their price target on shares of Chevron from $204.00 to $206.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Melius Research raised Chevron from a “hold” rating to a “buy” rating and set a $205.00 price target on the stock in a research note on Tuesday, February 17th. BMO Capital Markets reaffirmed an “outperform” rating and set a $190.00 price target on shares of Chevron in a research report on Monday, February 2nd. Scotiabank restated a “sector perform” rating and set a $168.00 price target on shares of Chevron in a research note on Friday, January 16th. Finally, Sanford C. Bernstein upped their price target on shares of Chevron from $170.00 to $172.00 and gave the stock a “market perform” rating in a research report on Monday, January 5th. Thirteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $178.95.

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.