Deane Retirement Strategies Inc. lowered its stake in Chevron Corporation (NYSE:CVX – Free Report) by 96.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 853 shares of the oil and gas company’s stock after selling 25,187 shares during the period. Deane Retirement Strategies Inc.’s holdings in Chevron were worth $132,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Cliftonlarsonallen Wealth Advisors LLC increased its stake in Chevron by 3.6% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 12,051 shares of the oil and gas company’s stock worth $1,871,000 after purchasing an additional 421 shares during the period. Intergy Private Wealth LLC boosted its stake in shares of Chevron by 31.2% during the third quarter. Intergy Private Wealth LLC now owns 2,349 shares of the oil and gas company’s stock valued at $365,000 after purchasing an additional 558 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of Chevron by 12.0% in the third quarter. Farther Finance Advisors LLC now owns 105,983 shares of the oil and gas company’s stock worth $16,458,000 after purchasing an additional 11,321 shares during the last quarter. Parcion Private Wealth LLC increased its stake in shares of Chevron by 0.5% in the third quarter. Parcion Private Wealth LLC now owns 59,974 shares of the oil and gas company’s stock worth $9,313,000 after buying an additional 287 shares during the period. Finally, Baxter Bros Inc. increased its stake in shares of Chevron by 0.5% in the third quarter. Baxter Bros Inc. now owns 73,472 shares of the oil and gas company’s stock worth $11,409,000 after buying an additional 344 shares during the period. Institutional investors own 72.42% of the company’s stock.
More Chevron News
Here are the key news stories impacting Chevron this week:
- Positive Sentiment: Analysts highlight Chevron’s low‑cost Permian exposure as a resilience driver into 2026, supporting cash flow and dividend sustainability even if oil prices soften. Permian Operations to Drive Resilience
- Positive Sentiment: Dividend appeal: coverage lists Chevron among top dividend names with a roughly 4.6% yield and a long streak of increases — a positive for income investors seeking reliable cash returns. Best Dividend Stocks To Buy In 2026
- Neutral Sentiment: Short‑term market attention: Zacks notes Chevron has attracted heavy interest and beat a recent trading session, which can amplify intraday moves but doesn’t change fundamentals. Chevron Laps the Stock Market
- Neutral Sentiment: Interest from retail/pro service audiences: Zacks flagged CVX as a “most‑watched” name, which can increase trading volume and volatility but not necessarily alter earnings outlook. Is Most-Watched Stock Chevron Worth Betting On?
- Neutral Sentiment: Macro/portfolio context: a roundup piece on long‑term investor allocations mentions large names investors hold — such mentions can influence sentiment but don’t directly change Chevron fundamentals. Warren Buffett Departs With 64% of Berkshire in 5 Stocks to Hold Forever
- Negative Sentiment: Regulatory and geopolitical risk: multiple reports say Chevron is continuing to move Venezuelan crude under U.S. licenses despite rising U.S. pressure and sanctions complexity; this supports near‑term volumes but raises legal, compliance and reputational risk that could attract scrutiny or affect future operations. Chevron Continues to Bet on Venezuela, WSJ Reports
Insider Activity
Analyst Upgrades and Downgrades
Several brokerages have weighed in on CVX. Hsbc Global Res raised shares of Chevron from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. UBS Group reaffirmed a “buy” rating on shares of Chevron in a research note on Monday, December 1st. Bank of America dropped their target price on shares of Chevron from $183.00 to $180.00 and set a “buy” rating for the company in a report on Thursday, December 11th. Zacks Research downgraded Chevron from a “hold” rating to a “strong sell” rating in a report on Monday, November 24th. Finally, Mizuho upped their price target on Chevron from $204.00 to $206.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $166.00.
Read Our Latest Analysis on Chevron
Chevron Stock Performance
Chevron stock opened at $150.47 on Wednesday. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $168.96. The stock’s 50 day simple moving average is $152.23 and its two-hundred day simple moving average is $152.73. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 1.15. The stock has a market cap of $302.97 billion, a price-to-earnings ratio of 21.16, a PEG ratio of 8.90 and a beta of 0.68.
Chevron (NYSE:CVX – Get Free Report) last released its earnings results on Friday, October 31st. The oil and gas company reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.71 by $0.14. The company 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 firm’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.48 EPS. As a group, analysts expect that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.
Chevron Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 18th were given a $1.71 dividend. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $6.84 dividend on an annualized basis and a dividend yield of 4.5%. Chevron’s dividend payout ratio is currently 96.20%.
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.
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