NS Partners Ltd Sells 5,348 Shares of Chevron Corporation $CVX

NS Partners Ltd lowered its holdings in Chevron Corporation (NYSE:CVX) by 4.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 126,393 shares of the oil and gas company’s stock after selling 5,348 shares during the quarter. NS Partners Ltd’s holdings in Chevron were worth $20,951,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CVX. Blue Capital Inc. acquired a new stake in Chevron during the 2nd quarter worth $786,000. OneAscent Wealth Management LLC acquired a new stake in Chevron in the 2nd quarter valued at about $973,000. Global Retirement Partners LLC purchased a new position in Chevron during the second quarter worth $14,276,000. Indivisible Partners purchased a new position in shares of Chevron during the fourth quarter valued at approximately $1,923,000. Finally, Janney Montgomery Scott LLC boosted its stake in Chevron by 6.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,251,102 shares of the oil and gas company’s stock worth $258,853,000 after buying an additional 79,439 shares during the last quarter. 72.42% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Chevron

In related news, insider R. Hewitt Pate sold 2,470 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $205.11, for a total value of $506,621.70. Following the sale, the insider owned 10,794 shares of the company’s stock, valued at approximately $2,213,957.34. This trade represents a 18.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John B. Hess sold 710,665 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $194.10, for a total value of $137,940,076.50. Following the transaction, the director owned 363,711 shares of the company’s stock, valued at approximately $70,596,305.10. The trade was a 66.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,152,582 shares of company stock valued at $225,853,661. 0.56% of the stock is owned by insiders.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Higher oil prices boosted energy shares. Renewed U.S.-Iran military conflict and constrained shipping through the Strait of Hormuz pushed crude prices higher, improving the outlook for Chevron’s upstream earnings and cash flow. Chevron and Exxon Mobil Rise as U.S. Strikes on Iran Push WTI Crude Oil Higher
• Positive Sentiment: Potential Venezuela agreements could materially expand Chevron’s production base. Chevron is reportedly nearing agreements with Halliburton to invest in Venezuelan heavy-oil fields. A broader U.S.-backed arrangement could support billions of dollars in investment, with Chevron potentially becoming the only major U.S. oil company operating actively in Venezuela. Chevron and Halliburton Near Billion-Dollar Venezuela Oil Deals
• Positive Sentiment: Analyst earnings expectations improved. Erste Group Bank reportedly raised its fiscal 2026 EPS forecast, adding to investor confidence while Chevron benefits from stronger oil prices and possible new production assets. Chevron FY2026 EPS Forecast Increased by Erste Group Bank
• Neutral Sentiment: Chevron is selling interests in offshore Angola. Etu Energias agreed to acquire Chevron’s working interests in Blocks 14 and 14K. The transaction may streamline the portfolio and generate proceeds, but it also reduces Chevron’s exposure to those assets. Etu Energias to Acquire Chevron Stakes in Offshore Angola
• Negative Sentiment: Refining pressure and Venezuela execution risks remain concerns. Coverage notes that higher crude near $90 per barrel can pressure refining margins. Venezuela projects also face significant operational, infrastructure, political and regulatory hurdles, meaning the potential production upside may take time and require substantial capital. Chevron Jumps as $90 Oil Meets Refining Pressure

Chevron Price Performance

Shares of NYSE CVX opened at $206.25 on Tuesday. 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 price of $188.07 and a two-hundred day moving average price of $189.06. The company has a quick ratio of 0.98, a current ratio of 1.25 and a debt-to-equity ratio of 0.19. The firm has a market cap of $407.50 billion, a PE ratio of 19.77, a price-to-earnings-growth ratio of 0.60 and a beta of 0.49.

Chevron (NYSE:CVX) last announced its earnings results on Friday, July 31st. The oil and gas company reported $6.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.55 by $0.51. The company had revenue of $67.20 billion for the quarter, compared to analyst estimates of $62.72 billion. Chevron had a return on equity of 11.09% and a net margin of 9.57%.Chevron’s quarterly revenue was up 57.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.77 EPS. Sell-side analysts expect that Chevron Corporation will post 16.24 earnings per share for the current fiscal year.

Chevron Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 19th will be paid a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Wednesday, August 19th. Chevron’s dividend payout ratio is 68.26%.

Analyst Ratings Changes

Several research firms recently commented on CVX. UBS Group restated a “buy” rating on shares of Chevron in a report on Tuesday, June 23rd. Barclays cut their price objective on Chevron from $216.00 to $208.00 and set an “equal weight” rating on the stock in a research report on Monday, August 17th. Wolfe Research raised Chevron from a “peer perform” rating to an “outperform” rating and set a $210.00 target price for the company in a research report on Thursday, July 2nd. Sanford C. Bernstein raised their target price on Chevron from $204.00 to $209.00 and gave the company a “market perform” rating in a report on Monday, August 3rd. Finally, Jefferies Financial Group reissued a “buy” rating and set a $216.00 price target on shares of Chevron in a research report on Friday, July 10th. Twenty analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $207.48.

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.