Duncker Streett & Co. Inc. boosted its position in shares of Chevron Corp. (NYSE:CVX) by 2.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 28,687 shares of the company’s stock after buying an additional 563 shares during the period. Chevron Corp. makes up about 1.1% of Duncker Streett & Co. Inc.’s portfolio, making the stock its 23rd largest position. Duncker Streett & Co. Inc.’s holdings in Chevron Corp. were worth $3,008,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of CVX. RPg Family Wealth Advisory LLC boosted its position in Chevron Corp. by 14.5% in the first quarter. RPg Family Wealth Advisory LLC now owns 1,058 shares of the company’s stock valued at $101,000 after buying an additional 134 shares in the last quarter. Marshall & Sullivan Inc. WA boosted its position in Chevron Corp. by 4.0% in the first quarter. Marshall & Sullivan Inc. WA now owns 1,825 shares of the company’s stock valued at $174,000 after buying an additional 71 shares in the last quarter. Carnick & Kubik LLC bought a new position in Chevron Corp. during the first quarter valued at $188,000. Exane Derivatives boosted its position in Chevron Corp. by 57.3% in the first quarter. Exane Derivatives now owns 1,994 shares of the company’s stock valued at $190,000 after buying an additional 726 shares in the last quarter. Finally, Sterling Investment Advisors LLC ADV bought a new position in Chevron Corp. during the second quarter valued at $203,000. 62.24% of the stock is currently owned by institutional investors.
Shares of Chevron Corp. (NYSE:CVX) traded down 1.33% on Thursday, hitting $100.79. 7,882,963 shares of the stock were exchanged. The company has a 50-day moving average price of $101.07 and a 200 day moving average price of $101.23. Chevron Corp. has a 12 month low of $75.33 and a 12 month high of $107.58. The company’s market cap is $190.14 billion.
Chevron Corp. (NYSE:CVX) last announced its quarterly earnings data on Friday, July 29th. The company reported ($0.78) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.32 by $1.10. Chevron Corp. had a negative net margin of 0.64% and a positive return on equity of 1.07%. The business earned $29.28 billion during the quarter, compared to analysts’ expectations of $25.78 billion. During the same period last year, the company posted $0.30 EPS. Chevron Corp.’s revenue for the quarter was down 27.4% on a year-over-year basis. Equities analysts forecast that Chevron Corp. will post $1.31 EPS for the current fiscal year.
CVX has been the topic of several recent research reports. Vetr cut shares of Chevron Corp. from a “buy” rating to a “hold” rating and set a $106.39 target price on the stock. in a report on Monday, June 27th. Barclays PLC reaffirmed an “equal weight” rating and set a $125.00 target price on shares of Chevron Corp. in a report on Monday. Zacks Investment Research raised shares of Chevron Corp. from a “hold” rating to a “strong-buy” rating and set a $118.00 target price on the stock in a report on Monday, October 3rd. Jefferies Group reaffirmed a “buy” rating on shares of Chevron Corp. in a report on Friday, August 5th. Finally, Simmons raised shares of Chevron Corp. from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $110.00 to $117.00 in a report on Tuesday, August 9th. Thirteen investment analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. Chevron Corp. has an average rating of “Buy” and an average target price of $105.09.
In other Chevron Corp. news, insider Pierre R. Breber sold 21,000 shares of the stock in a transaction on Tuesday, August 2nd. The shares were sold at an average price of $98.77, for a total transaction of $2,074,170.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Inge G. Thulin purchased 487 shares of the company’s stock in a transaction on Monday, August 15th. The shares were purchased at an average cost of $102.87 per share, with a total value of $50,097.69. The disclosure for this purchase can be found here. Company insiders own 0.40% of the company’s stock.
Chevron Corp. Company Profile
Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to the United States and international subsidiaries that engage in integrated energy and chemicals operations. The Company operates through two business segments: Upstream and Downstream.
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