Coho Partners Ltd. Has $21.39 Million Stake in Chevron Corporation $CVX

Coho Partners Ltd. lowered its position in shares of Chevron Corporation (NYSE:CVX) by 43.4% during the third quarter, Holdings Channel.com reports. The firm owned 137,718 shares of the oil and gas company’s stock after selling 105,521 shares during the quarter. Chevron accounts for 2.7% of Coho Partners Ltd.’s portfolio, making the stock its 23rd biggest holding. Coho Partners Ltd.’s holdings in Chevron were worth $21,386,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Berkshire Hathaway Inc increased its position in Chevron by 2.9% during the 2nd quarter. Berkshire Hathaway Inc now owns 122,064,792 shares of the oil and gas company’s stock worth $17,478,458,000 after buying an additional 3,454,258 shares during the period. Kingstone Capital Partners Texas LLC grew its stake in shares of Chevron by 652,139.5% in the second quarter. Kingstone Capital Partners Texas LLC now owns 83,714,936 shares of the oil and gas company’s stock valued at $13,214,757,000 after acquiring an additional 83,702,101 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Chevron by 4.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 34,772,753 shares of the oil and gas company’s stock valued at $4,979,255,000 after acquiring an additional 1,342,723 shares in the last quarter. Fisher Asset Management LLC increased its position in Chevron by 1.9% during the second quarter. Fisher Asset Management LLC now owns 20,826,805 shares of the oil and gas company’s stock worth $2,982,190,000 after acquiring an additional 378,936 shares during the period. Finally, Norges Bank acquired a new stake in Chevron in the 2nd quarter worth about $2,721,477,000. 72.42% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on CVX shares. Raymond James Financial restated an “outperform” rating and set a $160.00 target price (down previously from $170.00) on shares of Chevron in a research report on Friday, October 17th. Piper Sandler dropped their price target on shares of Chevron from $171.00 to $169.00 and set an “overweight” rating for the company in a research report on Monday, November 10th. Bank of America reduced their price target on Chevron from $183.00 to $180.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Zacks Research lowered Chevron from a “hold” rating to a “strong sell” rating in a research note on Monday, November 24th. Finally, Barclays dropped their price objective on Chevron from $160.00 to $158.00 and set an “equal weight” rating for the company in a report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $166.00.

Chevron Stock Performance

NYSE CVX opened at $149.85 on Tuesday. The firm’s 50 day simple moving average is $152.27 and its 200 day simple moving average is $152.65. The firm has a market capitalization of $301.73 billion, a price-to-earnings ratio of 21.08, a P/E/G ratio of 8.78 and a beta of 0.68. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. Chevron Corporation has a 1 year low of $132.04 and a 1 year high of $168.96.

Chevron (NYSE:CVX) last released its earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.14. The firm had revenue of $48.17 billion during the quarter, compared to analysts’ expectations of $46.99 billion. Chevron had a return on equity of 8.74% and a net margin of 6.57%.The company’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.48 earnings per share. As a group, research analysts expect that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Tuesday, November 18th were given a dividend of $1.71 per share. This represents a $6.84 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Tuesday, November 18th. Chevron’s dividend payout ratio is currently 96.20%.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Market commentary and screens pointing to CVX’s outperformance and investor interest after recent sessions, which supports buying momentum. Chevron (CVX) Laps the Stock Market: Here’s Why
• Positive Sentiment: Analysts highlight low-cost Permian operations as a resilience driver into 2026, underpinning cash flow and supporting dividend capacity. Permian Operations to Drive Resilience for These 3 Oil Stocks in 2026
• Positive Sentiment: Renewed speculation that Chevron will raise its long-running dividend (38+ years of increases) is attracting income-focused buyers and option-flow strategies. Chevron Could Raise Its Dividend Next Month – CVX Stock Looks Too Cheap
• Neutral Sentiment: Dividend-stock roundups continue to feature Chevron for its ~4.6% yield and long increase streak, which supports long-term income demand but is not a near-term catalyst by itself. Best Dividend Stocks To Buy In 2026
• Neutral Sentiment: “Most-watched” and analyst roundup pieces keep CVX on screens — boosts liquidity and attention but offers mixed buy/sell signals from different outlets. Is Most-Watched Stock Chevron Corporation (CVX) Worth Betting on Now?
• Negative Sentiment: Multiple reports show Chevron continuing operations and exports in Venezuela under U.S. license despite rising pressure — this supports short-term production but raises geopolitical and regulatory risk that could pressure sentiment if tensions escalate. Chevron continues to bet on Venezuela, WSJ reports

Insiders Place Their Bets

In other Chevron news, Director John B. Hess sold 275,000 shares of Chevron stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $150.75, for a total value of $41,456,250.00. Following the transaction, the director owned 1,128,045 shares in the company, valued at $170,052,783.75. The trade was a 19.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.20% of the stock is owned by company insiders.

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.