Capstone Wealth Management Inc. Invests $426,000 in Chevron Corporation $CVX

Capstone Wealth Management Inc. acquired a new position in shares of Chevron Corporation (NYSE:CVX) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,562 shares of the oil and gas company’s stock, valued at approximately $426,000. Chevron accounts for approximately 0.3% of Capstone Wealth Management Inc.’s holdings, making the stock its 14th largest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CVX. BlackRock Inc. purchased a new position in Chevron during the second quarter valued at approximately $25,663,729,000. State Street Corp increased its position in Chevron by 9.1% during the third quarter. State Street Corp now owns 152,605,988 shares of the oil and gas company’s stock worth $23,698,184,000 after buying an additional 12,789,399 shares during the last quarter. Berkshire Hathaway Inc raised its stake in shares of Chevron by 6.6% in the 4th quarter. Berkshire Hathaway Inc now owns 130,156,362 shares of the oil and gas company’s stock valued at $19,837,131,000 after acquiring an additional 8,091,570 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Chevron by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 43,613,011 shares of the oil and gas company’s stock worth $6,620,187,000 after buying an additional 134,890 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Chevron by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 36,036,844 shares of the oil and gas company’s stock worth $5,492,377,000 after acquiring an additional 961,341 shares during the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Wall Street Analyst Weigh In

CVX has been the subject of several research analyst reports. Piper Sandler assumed coverage on Chevron in a research report on Thursday, July 23rd. They set an “overweight” rating and a $207.00 price objective for the company. Wall Street Zen raised Chevron from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. UBS Group reiterated a “buy” rating on shares of Chevron in a report on Tuesday, June 23rd. Morgan Stanley increased their price objective on Chevron from $210.00 to $218.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $220.00 target price on shares of Chevron in a research report on Tuesday, May 5th. Twenty investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $207.48.

Chevron Stock Performance

CVX opened at $203.03 on Tuesday. The stock has a market cap of $401.14 billion, a PE ratio of 19.47, a P/E/G ratio of 0.61 and a beta of 0.49. Chevron Corporation has a 1 year low of $146.49 and a 1 year high of $214.71. The stock’s 50 day simple moving average is $185.48 and its 200-day simple moving average is $188.35. The company has a current ratio of 1.25, a quick ratio of 0.98 and a debt-to-equity ratio of 0.19.

Chevron (NYSE:CVX) last announced its quarterly earnings results on Friday, July 31st. The oil and gas company reported $6.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.55 by $0.51. The firm had revenue of $67.20 billion for the quarter, compared to analyst estimates of $62.72 billion. Chevron had a net margin of 9.57% and a return on equity of 11.09%. The business’s revenue for the quarter was up 57.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.77 EPS. Sell-side analysts forecast that Chevron Corporation will post 16.17 EPS for the current year.

Chevron Announces Dividend

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

Insider Buying and Selling

In other Chevron news, CEO Michael K. Wirth sold 317,100 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $200.46, for a total transaction of $63,565,866.00. Following the completion of the transaction, the chief executive officer directly owned 26,308 shares in the company, valued at $5,273,701.68. This represents a 92.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider R. Hewitt Pate sold 2,470 shares of Chevron stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $205.11, for a total value of $506,621.70. Following the transaction, the insider directly owned 10,794 shares of the company’s stock, valued at approximately $2,213,957.34. The trade was a 18.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,152,582 shares of company stock worth $225,853,661 over the last 90 days. Corporate 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: Brent crude is holding near $94 a barrel amid pressure on Iran, marking a second consecutive weekly gain. Higher oil prices can improve Chevron’s upstream cash flow and earnings outlook. Chevron Rises as Iran Pressure Keeps Brent Near $94
• Positive Sentiment: Analysts continue to favor Chevron over some major-oil peers, citing stronger 2026 earnings growth, production momentum and greater exposure to Guyana. Chevron vs. Shell: Which Energy Major Offers a Better Bet?
• Positive Sentiment: Recent commentary highlights CVX as a long-term dividend and income candidate. Chevron and ExxonMobil both raised payouts again in 2026, although their decade-long dividend records differ in durability and yield. 3 Dividend Stocks to Buy and Hold for the Next Decade, Starting With Chevron
• Neutral Sentiment: Brokerages maintain a consensus “Moderate Buy” recommendation, and Zacks lists Chevron as a stock to watch because of earnings growth and price strength. Chevron Given Consensus Recommendation of Moderate Buy
• Neutral Sentiment: Chevron appointed Uriel “Ose” Oseguera as treasurer, replacing retiring executive Navin Mahajan. The change affects capital markets, finance and risk oversight but is not currently presented as a strategic shift. Why Is Chevron Naming a New Treasurer Worth Watching?
• Negative Sentiment: After CVX’s strong recent performance, modest profit-taking may be weighing on the stock even as higher crude prices remain supportive. Comparisons with ExxonMobil also emphasize that investors may be reassessing dividend-growth quality rather than adding aggressively at current levels. ExxonMobil vs. Chevron: Dividend Growth Comparison

Chevron 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.