Sigma Planning Corp Buys 3,900 Shares of Chevron Corporation $CVX

Sigma Planning Corp boosted its holdings in Chevron Corporation (NYSE:CVX) by 5.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 80,592 shares of the oil and gas company’s stock after buying an additional 3,900 shares during the period. Sigma Planning Corp’s holdings in Chevron were worth $12,283,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in CVX. Barlow Wealth Partners LLC lifted its holdings in shares of Chevron by 1.1% in the 4th quarter. Barlow Wealth Partners LLC now owns 5,363 shares of the oil and gas company’s stock valued at $869,000 after acquiring an additional 60 shares during the last quarter. Stone House Investment Management LLC lifted its stake in Chevron by 6.1% in the fourth quarter. Stone House Investment Management LLC now owns 1,065 shares of the oil and gas company’s stock worth $162,000 after purchasing an additional 61 shares during the last quarter. TigerOak Management L.L.C. lifted its stake in Chevron by 0.7% in the fourth quarter. TigerOak Management L.L.C. now owns 9,020 shares of the oil and gas company’s stock worth $1,375,000 after purchasing an additional 62 shares during the last quarter. Heritage Wealth Management Inc. lifted its stake in Chevron by 0.3% in the fourth quarter. Heritage Wealth Management Inc. now owns 23,896 shares of the oil and gas company’s stock worth $3,642,000 after purchasing an additional 62 shares during the last quarter. Finally, Wilkins Miller Wealth Management LLC lifted its stake in Chevron by 0.7% in the fourth quarter. Wilkins Miller Wealth Management LLC now owns 8,645 shares of the oil and gas company’s stock worth $1,318,000 after purchasing an additional 63 shares during the last quarter. Institutional investors own 72.42% of the company’s stock.

Insider Buying and Selling at Chevron

In other news, insider Alana K. Knowles sold 2,408 shares of Chevron stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $183.28, for a total transaction of $441,338.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider R. Hewitt Pate sold 40,200 shares of Chevron stock in a transaction on Monday, March 30th. The stock was sold at an average price of $213.30, for a total transaction of $8,574,660.00. Following the sale, the insider owned 8,638 shares of the company’s stock, valued at $1,842,485.40. The trade was a 82.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 695,439 shares of company stock valued at $131,274,332. Company insiders own 0.56% of the company’s stock.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron and peers have resisted White House pressure to sharply boost output, a stance that supports higher crude prices and downstream margins for majors. Exxon and Chevron defy Trump pressure to boost oil production
• Positive Sentiment: Brent and WTI have surged amid Iran-related military option reports, keeping oil prices elevated — a direct tailwind to Chevron’s upstream cash flows and earnings potential. Brent Crude Spikes to $117 on Iran Military Option Reports
• Positive Sentiment: Some analysts have raised multi-year EPS forecasts for Chevron, reflecting a view that higher oil prices and operating discipline will sustain profits; analyst optimism can support multiple expansion. Chevron Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts
• Neutral Sentiment: Sector products — including energy ETFs — are seeing renewed investor interest as a way to access higher oil prices with lower single-stock volatility; this can lift broad-sector flows that benefit Chevron indirectly. Buy This ETF if You Want to Benefit From High Oil Prices Without Wild Swings
• Negative Sentiment: CNBC reports Q1 profits down as the Iran war disrupted shipments and prior financial hedges were timed unfavorably, which squeezed near-term profitability despite higher spot prices. Exxon Mobil and Chevron earnings fall as Iran war disrupts oil shipments
• Negative Sentiment: Chevron’s formal Q1 release shows earnings fell to $2.2B ($1.11/sh) from $3.5B a year ago, with a $360M legal reserve and negative FX impacts; weaker reported and adjusted results are immediate headwinds to sentiment. Chevron Reports First Quarter 2026 Results

Chevron Price Performance

NYSE CVX opened at $193.70 on Friday. The firm’s fifty day simple moving average is $193.08 and its two-hundred day simple moving average is $171.09. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. Chevron Corporation has a 12-month low of $133.77 and a 12-month high of $214.71. The firm has a market capitalization of $385.90 billion, a P/E ratio of 29.08, a P/E/G ratio of 0.71 and a beta of 0.60.

Chevron (NYSE:CVX) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.08. Chevron had a net margin of 6.51% and a return on equity of 7.89%. The business had revenue of $45.79 billion for the quarter, compared to analyst estimates of $48.18 billion. During the same period in the previous year, the company earned $2.06 earnings per share. The business’s revenue for the quarter was down 10.2% on a year-over-year basis. Analysts forecast that Chevron Corporation will post 14.13 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on CVX shares. Wells Fargo & Company raised their target price on shares of Chevron from $204.00 to $222.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. BNP Paribas Exane raised shares of Chevron from a “neutral” rating to an “outperform” rating and set a $174.00 target price on the stock in a research report on Friday, April 17th. UBS Group reaffirmed a “buy” rating and set a $212.00 target price on shares of Chevron in a research report on Monday, February 2nd. Scotiabank raised their target price on shares of Chevron from $168.00 to $187.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 22nd. Finally, Piper Sandler raised their target price on shares of Chevron from $179.00 to $242.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $198.09.

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.