Commerzbank Aktiengesellschaft FI Purchases 116,178 Shares of Chevron Corporation $CVX

Commerzbank Aktiengesellschaft FI increased its position in shares of Chevron Corporation (NYSE:CVX) by 13.8% during the 1st quarter, Holdings Channel reports. The fund owned 958,552 shares of the oil and gas company’s stock after buying an additional 116,178 shares during the quarter. Chevron accounts for about 4.1% of Commerzbank Aktiengesellschaft FI’s investment portfolio, making the stock its 4th biggest holding. Commerzbank Aktiengesellschaft FI’s holdings in Chevron were worth $198,324,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. United Bank lifted its holdings in Chevron by 7.7% during the second quarter. United Bank now owns 11,079 shares of the oil and gas company’s stock worth $1,586,000 after acquiring an additional 796 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Chevron by 9.0% in the second quarter. Schnieders Capital Management LLC. now owns 50,839 shares of the oil and gas company’s stock worth $7,280,000 after acquiring an additional 4,214 shares in the last quarter. BNP Paribas raised its position in shares of Chevron by 76.4% during the second quarter. BNP Paribas now owns 441 shares of the oil and gas company’s stock worth $63,000 after purchasing an additional 191 shares during the period. Osterweis Capital Management Inc. raised its position in shares of Chevron by 678.9% during the second quarter. Osterweis Capital Management Inc. now owns 1,363 shares of the oil and gas company’s stock worth $195,000 after purchasing an additional 1,188 shares during the period. Finally, Main Street Financial Solutions LLC lifted its holdings in shares of Chevron by 3.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 16,052 shares of the oil and gas company’s stock valued at $2,299,000 after purchasing an additional 553 shares in the last quarter. Institutional investors own 72.42% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on CVX. Mizuho boosted their price objective on Chevron from $225.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, May 27th. Royal Bank Of Canada restated an “outperform” rating and set a $220.00 target price on shares of Chevron in a report on Tuesday, May 5th. Zacks Research cut shares of Chevron from a “strong-buy” rating to a “hold” rating in a report on Monday, June 8th. The Goldman Sachs Group reiterated a “buy” rating and issued a $216.00 price target on shares of Chevron in a report on Wednesday, May 6th. Finally, Scotiabank increased their price objective on shares of Chevron from $168.00 to $187.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 22nd. Nineteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Chevron currently has an average rating of “Moderate Buy” and an average price target of $206.83.

Insider Buying and Selling at Chevron

In other news, Director John B. Hess sold 380,000 shares of Chevron stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $193.20, for a total value of $73,416,000.00. Following the sale, the director directly owned 278,045 shares in the company, valued at $53,718,294. This trade represents a 57.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.56% of the stock is owned by corporate insiders.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Crude oil prices jumped above $90 a barrel overnight amid Middle East supply concerns, which can improve Chevron’s upstream pricing and earnings power. Why Are BATL, TPET, XOM, CVX, USO, UCO Stocks Rising Overnight?
• Positive Sentiment: Analysts say Chevron is one of several energy names poised to beat second-quarter earnings estimates, helped by higher oil prices supporting production and oilfield demand. Chevron & 2 Energy Stocks Poised to Beat Q2 Earnings Estimates
• Positive Sentiment: Chevron remains in focus as a potential beneficiary of rising oil prices and broader energy-market volatility tied to Iran-related headlines. Oil Prices Whipsaw On Iran Diplomacy Hopes, Houthi Threat
• Positive Sentiment: Chevron’s push into power deals, including a 2.7-gigawatt agreement with Microsoft, shows the company is expanding beyond traditional oil and gas demand. Chevron Is Hungry for More Power Deals After Inking a 2.7-Gigawatt Contract With Microsoft. Here’s Where the Energy Giant Is Looking Next.
• Neutral Sentiment: Chevron shut in production at its Petronius platform in the U.S. Gulf of Mexico and evacuated personnel ahead of Tropical Depression Two, a prudent safety move that may create only temporary operational disruption. Chevron shuts in US Gulf platform in preparation for developing tropical storm
• Neutral Sentiment: Coverage comparing Chevron with ExxonMobil and broader market commentary are keeping CVX in investor focus, but these items are more sentiment-driven than fundamental. Chevron vs. ExxonMobil: Only One Deserves a Spot in Your Portfolio Today.
• Negative Sentiment: At least one analyst lowered FY2026 EPS estimates for Chevron, suggesting some caution on full-year profitability expectations. FY2026 EPS Estimates for Chevron Decreased by Analyst

Chevron Stock Up 1.2%

CVX stock opened at $189.71 on Tuesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.84. The stock has a market capitalization of $377.83 billion, a P/E ratio of 32.88, a P/E/G ratio of 0.66 and a beta of 0.50. Chevron Corporation has a fifty-two week low of $146.49 and a fifty-two week high of $214.71. The business has a 50-day moving average of $181.64 and a 200-day moving average of $182.93.

Chevron (NYSE:CVX) last announced its earnings results on Friday, May 1st. The oil and gas company reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.41. The business had revenue of $47.56 billion for the quarter, compared to analyst estimates of $51.86 billion. Chevron had a return on equity of 6.90% and a net margin of 5.79%.Chevron’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm earned $2.18 EPS. On average, sell-side analysts anticipate that Chevron Corporation will post 14.78 earnings per share for the current fiscal year.

Chevron Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 19th were paid a dividend of $1.78 per share. This represents a $7.12 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Tuesday, May 19th. Chevron’s dividend payout ratio (DPR) is currently 123.40%.

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.