Keybank National Association OH Has $217.80 Million Stake in Chevron Corporation $CVX

Keybank National Association OH grew its holdings in Chevron Corporation (NYSE:CVX) by 114.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,402,565 shares of the oil and gas company’s stock after buying an additional 748,708 shares during the quarter. Chevron accounts for approximately 0.8% of Keybank National Association OH’s holdings, making the stock its 25th biggest holding. Keybank National Association OH owned 0.08% of Chevron worth $217,804,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CVX. Robeco Institutional Asset Management B.V. raised its stake in Chevron by 6.1% during the second quarter. Robeco Institutional Asset Management B.V. now owns 489,887 shares of the oil and gas company’s stock worth $70,147,000 after acquiring an additional 27,966 shares in the last quarter. Viewpoint Investment Partners Corp grew its holdings in shares of Chevron by 327.4% in the 2nd quarter. Viewpoint Investment Partners Corp now owns 13,248 shares of the oil and gas company’s stock worth $1,897,000 after purchasing an additional 10,148 shares during the last quarter. Philip James Wealth Mangement LLC increased its position in shares of Chevron by 41.2% during the 2nd quarter. Philip James Wealth Mangement LLC now owns 51,148 shares of the oil and gas company’s stock worth $7,324,000 after purchasing an additional 14,936 shares in the last quarter. Access Financial Services Inc. lifted its holdings in Chevron by 2.3% during the 2nd quarter. Access Financial Services Inc. now owns 8,985 shares of the oil and gas company’s stock valued at $1,287,000 after purchasing an additional 200 shares during the last quarter. Finally, EWA LLC boosted its position in Chevron by 10.5% in the second quarter. EWA LLC now owns 1,401 shares of the oil and gas company’s stock valued at $201,000 after buying an additional 133 shares in the last quarter. Institutional investors own 72.42% of the company’s stock.

Chevron Stock Performance

Shares of NYSE:CVX opened at $176.75 on Friday. The firm’s 50 day simple moving average is $156.40 and its 200 day simple moving average is $155.42. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $177.30. The company has a market capitalization of $355.90 billion, a price-to-earnings ratio of 24.86, a P/E/G ratio of 11.92 and a beta of 0.70. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86.

Chevron (NYSE:CVX) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.44 by $0.08. Chevron had a net margin of 6.57% and a return on equity of 8.74%. The firm had revenue of $45.79 billion during the quarter, compared to the consensus estimate of $48.18 billion. During the same quarter in the prior year, the firm earned $2.06 earnings per share. The business’s quarterly revenue was down 10.2% on a year-over-year basis. As a group, sell-side analysts forecast that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be issued a dividend of $1.78 per share. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date is Tuesday, February 17th. This represents a $7.12 dividend on an annualized basis and a yield of 4.0%. Chevron’s dividend payout ratio is currently 96.20%.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Q4 adjusted EPS beat expectations ($1.52 vs ~ $1.44) and management emphasized cost cuts and efficiency gains that helped margins despite lower oil prices. This beat is a primary catalyst for the stock lift. Chevron Reports Fourth Quarter 2025 Results
• Positive Sentiment: Dividend increased to $1.78/share (4.1% raise), marking 39 consecutive years of increases — supports yield-focused investor demand. Chevron lifts dividend to $1.78/share
• Positive Sentiment: Record/strong production and clearer 2026 growth outlook (Permian, Tengiz, newly acquired Hess assets, guidance for 7–10% production growth) underpin earnings resilience and upside potential. Chevron Production & Outlook (MarketBeat)
• Positive Sentiment: Venezuela opportunity: Chevron plans to raise Venezuelan exports (reports of targeting ~300k bpd) and CEO comments say Caracas is taking steps to protect private investment — investors see material upside if exports scale. Chevron eyes Venezuela opportunities (Reuters)
• Neutral Sentiment: CEO interviews and media coverage reinforced the Venezuela narrative and production outlook but provide limited new detail beyond the earnings call. CEO Mike Wirth on TV (CNBC)
• Neutral Sentiment: Kazakhstan government engagement: Chevron reassured Tengiz partners it will operate reliably and safely — supports operational stability but is not a new earnings driver. Tengiz operations (Reuters)
• Negative Sentiment: Revenue missed expectations (Q4 revenue ~$45.8B vs ~$48.2B consensus) and full-year profits fell year‑over‑year — a reminder earnings strength is margin/production driven, not top‑line growth. Q4 results detail (BusinessWire)
• Negative Sentiment: Insider selling: CFO Eimear Bonner and another senior insider disclosed sizeable sales on Jan. 28 — can be interpreted negatively by some investors despite routine reasons for sales. CFO Form 4 (SEC)
• Negative Sentiment: Board-approved executive pay and long‑term equity award increases were announced, which could be viewed unfavorably by governance‑focused investors. Executive pay update (TipRanks)

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Piper Sandler decreased their price target on Chevron from $178.00 to $174.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. UBS Group restated a “buy” rating on shares of Chevron in a report on Monday, December 1st. Scotiabank reaffirmed a “sector perform” rating and issued a $168.00 price target on shares of Chevron in a report on Friday, January 16th. Wall Street Zen upgraded shares of Chevron from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Jefferies Financial Group raised their price objective on shares of Chevron from $174.00 to $189.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $170.00.

Insider Transactions at Chevron

In other news, CEO Michael K. Wirth sold 320,700 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $162.99, for a total transaction of $52,270,893.00. Following the completion of the transaction, the chief executive officer directly owned 14,450 shares of the company’s stock, valued at $2,355,205.50. This represents a 95.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Eimear P. Bonner sold 7,534 shares of the company’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $170.00, for a total value of $1,280,780.00. Following the transaction, the chief financial officer directly owned 4,366 shares of the company’s stock, valued at approximately $742,220. This trade represents a 63.31% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 645,924 shares of company stock worth $102,079,188. Company insiders own 0.21% of the company’s stock.

Chevron Company 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.