Turtle Creek Wealth Advisors LLC Has $3.85 Million Holdings in Chevron Corporation $CVX

Turtle Creek Wealth Advisors LLC increased its stake in Chevron Corporation (NYSE:CVX) by 32.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,279 shares of the oil and gas company’s stock after buying an additional 6,229 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Chevron were worth $3,853,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Chevron by 17.9% in the 3rd quarter. Vanguard Group Inc. now owns 183,790,028 shares of the oil and gas company’s stock valued at $28,540,753,000 after buying an additional 27,961,463 shares during the last quarter. State Street Corp boosted its holdings in shares of Chevron by 9.1% in the 3rd quarter. State Street Corp now owns 152,605,988 shares of the oil and gas company’s stock valued at $23,698,184,000 after buying an additional 12,789,399 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Chevron by 15.3% in the 3rd quarter. Northern Trust Corp now owns 22,724,515 shares of the oil and gas company’s stock valued at $3,528,890,000 after buying an additional 3,007,403 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Chevron by 1.6% in the 3rd quarter. Fisher Asset Management LLC now owns 21,152,060 shares of the oil and gas company’s stock valued at $3,284,704,000 after buying an additional 325,255 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Chevron by 27.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 19,627,146 shares of the oil and gas company’s stock valued at $3,047,900,000 after buying an additional 4,279,918 shares during the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Chevron Trading Up 0.7%

Shares of Chevron stock opened at $187.67 on Friday. The business has a fifty day simple moving average of $192.53 and a two-hundred day simple moving average of $169.84. Chevron Corporation has a 1 year low of $133.77 and a 1 year high of $214.71. The company has a market capitalization of $373.90 billion, a price-to-earnings ratio of 28.18, a P/E/G ratio of 0.78 and a beta of 0.60. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.15 and a quick ratio of 0.86.

Chevron (NYSE:CVX) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.08. The firm had revenue of $45.79 billion for the quarter, compared to analysts’ expectations of $48.18 billion. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The company’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter last year, the business earned $2.06 EPS. Research analysts forecast that Chevron Corporation will post 12.49 EPS for the current year.

Chevron Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were given a dividend of $1.78 per share. This represents a $7.12 annualized dividend and a yield of 3.8%. The ex-dividend date was Tuesday, February 17th. This is a positive change from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio (DPR) is 106.91%.

Analyst Ratings Changes

CVX has been the subject of several research reports. Scotiabank raised their price target on Chevron from $168.00 to $187.00 and gave the company a “sector perform” rating in a report on Wednesday. Tudor Pickering raised Chevron from a “hold” rating to a “buy” rating and set a $225.00 price target for the company in a report on Thursday, April 9th. TD Cowen cut their price target on Chevron from $214.00 to $204.00 and set a “hold” rating for the company in a report on Monday, April 13th. Sanford C. Bernstein raised their price target on Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a report on Monday, January 5th. Finally, Morgan Stanley raised their price target on Chevron from $174.00 to $212.00 and gave the company an “overweight” rating in a report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $198.09.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Wheatstone LNG has returned to full production after repairs from cyclone damage, removing a near-term supply disruption and restoring expected cash flow from the asset. This reduces short-term outage risk for Chevron’s LNG revenues. Chevron resumes full production at Wheatstone LNG after repairs for cyclone damage
• Positive Sentiment: Continued high-profile investor support: articles highlight Warren Buffett’s long-standing and growing stake, reinforcing confidence in Chevron’s cash returns, buybacks and dividend reliability—a sentiment boost for income-focused investors. Deepening Growth Pipeline Sustains Warren Buffett’s Confidence In Chevron (CVX)
• Positive Sentiment: Chevron expanded its stakes in Venezuelan heavy-oil operations via an asset-swap agreement, potentially increasing long-term production upside if geopolitical/legal tail risks continue to ease—adds reserve optionality and upside to future production. Chevron Corporation (CVX) Expands Stakes in Venezuela Oil Operations
• Positive Sentiment: Analyst and industry recognition: multiple analyst write-ups (Zacks, BNP Paribas coverage) and inclusion on “old-economy” buy lists emphasize strong earnings outlook and potential further upside, supporting bullish investor positioning. Buy 5 High-Flying Old Economy Stocks of 2026 With More Room to Run
• Neutral Sentiment: Sector tailwind: the NYSE Energy Sector Index is higher, which can lift CVX alongside peers but also reflects commodity-driven moves rather than company-specific fundamentals. Sector Update: Energy Stocks Rise Thursday
• Neutral Sentiment: Scotiabank raised its price target to $187 but kept a “sector perform” rating, which signals limited near-term upside implied by that shop’s view despite the higher target—mixed signal for momentum traders. Scotiabank raises price target on Chevron
• Negative Sentiment: Operational/environmental risk: Chevron reported a crude oil spill at its Pasadena, Texas refinery. Spills can lead to cleanup costs, regulatory scrutiny and temporary reputation/operational impacts—a near-term negative for sentiment and potential costs. Chevron refinery in Pasadena, Texas reports crude oil spill

Insider Activity

In other Chevron news, Vice Chairman Mark A. Nelson sold 139,600 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $187.92, for a total transaction of $26,233,632.00. Following the transaction, the insider owned 11,337 shares in the company, valued at $2,130,449.04. This trade represents a 92.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Andrew Benjamin Walz sold 22,200 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $176.53, for a total value of $3,918,966.00. Following the transaction, the insider owned 666 shares in the company, valued at $117,568.98. The trade was a 97.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 779,407 shares of company stock worth $145,972,971. Corporate insiders own 0.56% of the company’s stock.

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.