Chevron Corporation $CVX Shares Sold by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI lessened its stake in Chevron Corporation (NYSE:CVX) by 4.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 77,804 shares of the oil and gas company’s stock after selling 3,924 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Chevron were worth $11,858,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CVX. Decker Retirement Planning Inc. acquired a new position in shares of Chevron in the 3rd quarter valued at about $34,000. Marquette Asset Management LLC acquired a new position in shares of Chevron in the 3rd quarter valued at about $41,000. Barnes Dennig Private Wealth Management LLC lifted its holdings in shares of Chevron by 306.1% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 268 shares of the oil and gas company’s stock valued at $42,000 after buying an additional 202 shares during the period. Daytona Street Capital LLC acquired a new position in shares of Chevron in the 4th quarter valued at about $44,000. Finally, Turning Point Benefit Group Inc. acquired a new position in shares of Chevron in the 3rd quarter valued at about $49,000. Institutional investors and hedge funds own 72.42% of the company’s stock.

Insider Transactions at Chevron

In other Chevron news, insider Andrew Benjamin Walz sold 22,200 shares of the business’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $176.53, for a total transaction of $3,918,966.00. Following the completion of the sale, the insider directly owned 666 shares in the company, valued at approximately $117,568.98. The trade was a 97.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Vice Chairman Mark A. Nelson sold 139,600 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $187.92, for a total value of $26,233,632.00. Following the sale, the insider owned 11,337 shares of the company’s stock, valued at approximately $2,130,449.04. This trade represents a 92.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 695,439 shares of company stock worth $131,274,332 over the last quarter. Company insiders own 0.56% of the company’s stock.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS forecasts for Chevron, signaling improved analyst expectations for multi-year earnings power. MarketBeat: CVX Free Report
• Positive Sentiment: Chevron executives said increasing Venezuelan crude imports are helping ease U.S. gasoline price pressure at the margin — a near-term demand/sentiment positive for consumer fuel costs and downstream margins. Venezuelan Crude Will Eventually Lower US Gas Prices: Chevron Exec
• Positive Sentiment: Ongoing Middle East tensions have pushed crude prices higher, which tends to support integrated oil majors’ upstream cash flows and dividend/backlog stability. Trump Discussed Extended Blockade With Oil, Commodities Chiefs
• Neutral Sentiment: Investors are focused on Q1 results due May 1; market previews and polling (Polymarket, Benzinga, TipRanks) emphasize that beat/miss vs. lowered expectations will drive short-term moves. Polymarket Earnings: Will CVX, XOM, MRNA Beat Earnings Tomorrow?
• Neutral Sentiment: Market roundups and TV previews flag Chevron among major names to watch Friday, reinforcing heightened attention and potential intraday volatility around the release. What’s on deck for markets: Friday, May 1
• Negative Sentiment: Several pieces warn Q1 earnings are set to fall sharply year-over-year and that headline EPS declines could disappoint sentiment if Chevron doesn’t beat lowered expectations. Chevron earnings are set to fall hard. Don’t be fooled.
• Negative Sentiment: Industry reporting highlights that Exxon and Chevron may see double-digit Q1 profit drops amid Middle East crosswinds — a reminder that higher oil prices can coincide with operational/refining disruptions that pressure near-term results. Exxon and Chevron Q1 profits brace for double-digit drop amid Middle East crosswinds
• Negative Sentiment: Chevron CEO Mike Wirth warned jet-fuel supply strains from the Middle East could worsen — a potential operational headwind for refining margins and supply chains. Chevron CEO Wirth sees aviation strain worsening on Middle East jet fuel disruption

Chevron Price Performance

Shares of Chevron stock opened at $193.70 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.21. Chevron Corporation has a twelve month low of $133.77 and a twelve month high of $214.71. The business has a 50-day moving average price of $193.08 and a 200 day moving average price of $171.09. The firm has a market cap of $385.90 billion, a PE ratio of 29.08, a P/E/G ratio of 0.71 and a beta of 0.60.

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

Analyst Ratings Changes

CVX has been the subject of several analyst reports. Citigroup boosted their price objective on Chevron from $210.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, April 2nd. Jefferies Financial Group boosted their price objective on Chevron from $174.00 to $189.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Freedom Capital lowered Chevron from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Zacks Research upgraded Chevron from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 3rd. Finally, Wall Street Zen upgraded Chevron from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $198.09.

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.