Chevron Corporation $CVX Shares Purchased by FourThought Financial Partners LLC

FourThought Financial Partners LLC lifted its stake in Chevron Corporation (NYSE:CVX) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 139,811 shares of the oil and gas company’s stock after buying an additional 4,168 shares during the period. Chevron makes up 1.8% of FourThought Financial Partners LLC’s portfolio, making the stock its 10th biggest position. FourThought Financial Partners LLC’s holdings in Chevron were worth $21,309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of CVX. Global Retirement Partners LLC raised its stake in shares of Chevron by 29.2% during the fourth quarter. Global Retirement Partners LLC now owns 84,825 shares of the oil and gas company’s stock valued at $12,928,000 after purchasing an additional 19,188 shares during the period. Great Diamond Partners LLC lifted its stake in shares of Chevron by 1.1% in the fourth quarter. Great Diamond Partners LLC now owns 8,157 shares of the oil and gas company’s stock worth $1,243,000 after acquiring an additional 92 shares in the last quarter. KDT Advisors LLC lifted its stake in shares of Chevron by 8.6% in the fourth quarter. KDT Advisors LLC now owns 4,731 shares of the oil and gas company’s stock worth $721,000 after acquiring an additional 374 shares in the last quarter. Financial Synergies Wealth Advisors Inc. boosted its holdings in Chevron by 1.6% in the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 16,855 shares of the oil and gas company’s stock valued at $2,569,000 after purchasing an additional 273 shares during the last quarter. Finally, Mach 1 Financial Group LLC increased its holdings in Chevron by 248.4% during the 4th quarter. Mach 1 Financial Group LLC now owns 11,858 shares of the oil and gas company’s stock worth $1,807,000 after purchasing an additional 8,454 shares during the last quarter. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Chevron Stock Performance

Shares of CVX opened at $191.39 on Thursday. Chevron Corporation has a 52-week low of $133.77 and a 52-week high of $214.71. The firm has a market capitalization of $381.18 billion, a PE ratio of 33.17, a P/E/G ratio of 0.66 and a beta of 0.51. The firm has a 50-day moving average price of $193.45 and a 200 day moving average price of $174.25. The company has a quick ratio of 0.84, a current ratio of 1.09 and a debt-to-equity ratio of 0.21.

Chevron (NYSE:CVX) last posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.41. Chevron had a net margin of 5.79% and a return on equity of 6.90%. The business had revenue of $47.56 billion during the quarter, compared to analysts’ expectations of $51.86 billion. During the same period last year, the firm posted $2.18 earnings per share. The business’s revenue was up 2.1% on a year-over-year basis. On average, sell-side analysts anticipate that Chevron Corporation will post 15.43 earnings per share for the current fiscal year.

Chevron Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 19th will be issued a $1.78 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $7.12 annualized dividend and a dividend yield of 3.7%. Chevron’s dividend payout ratio is 123.40%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CVX shares. TD Cowen raised their price objective on shares of Chevron from $204.00 to $205.00 and gave the stock a “hold” rating in a report on Friday, May 8th. Bank of America raised their price target on shares of Chevron from $188.00 to $206.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Wall Street Zen upgraded Chevron from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. UBS Group boosted their price target on shares of Chevron from $218.00 to $220.00 and gave the company a “buy” rating in a report on Monday, May 4th. Finally, Mizuho increased their price objective on shares of Chevron from $206.00 to $217.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $204.13.

Insider Activity

In other Chevron news, insider Andrew Benjamin Walz sold 11,600 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $188.58, for a total value of $2,187,528.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Vice Chairman Mark A. Nelson sold 139,600 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $187.92, for a total transaction of $26,233,632.00. Following the completion of the sale, the insider directly owned 11,337 shares of the company’s stock, valued at $2,130,449.04. The trade was a 92.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 799,699 shares of company stock valued at $151,259,517 over the last quarter. Insiders own 0.56% of the company’s stock.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron agreed to sell several Asia Pacific refining and retail assets to Japan’s Eneos, a move expected to bring in about $2.17 billion and help streamline its international portfolio. Chevron Corporation (CVX) Poised for $2.17B Boost from Asia Pacific Asset Sale
• Positive Sentiment: Several analyst and market commentary pieces remain constructive on Chevron, with coverage citing stronger oil prices, attractive long-term energy exposure, and continued interest from income-focused investors. Oil Prices Are Rising and So Is Chevron Stock. It Can Keep Going.
• Positive Sentiment: Chevron is still benefiting from the broader energy trade, as higher crude prices and ongoing geopolitical tensions keep large integrated oil producers in focus. Oil Remains Above 100: Are Permian Stocks a Smart Bet Now?
• Neutral Sentiment: Trading activity has been elevated, and some reports say Chevron is consolidating after a recent run, which suggests investors are watching whether the stock can hold recent gains. CVX Volume Hits 14.56M as Chevron Pulls Back From $197.25
• Neutral Sentiment: Energy-stock comparisons and long-term buy/hold debates are keeping Chevron in the market conversation, but these pieces are mostly opinion-driven rather than new company-specific catalysts. ExxonMobil vs. Chevron: Better Energy Stock to Buy Now?
• Negative Sentiment: Chevron is facing shareholder and ESG scrutiny ahead of its May 27 annual meeting, as activists push investors to oppose a proposal tied to the company’s Israel operations. That adds a potential reputational and governance overhang. Chevron Israel Activism Puts ESG Risks And Valuation In Focus
• Negative Sentiment: Investors are also digesting Berkshire Hathaway’s continued trimming of its Chevron stake, which can be read as a sign of reduced conviction from a major long-term holder. Berkshire Hathaway Trims Stake in Chevron (CVX)

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.