Principal Financial Group Inc. Increases Holdings in Chevron Corporation $CVX

Principal Financial Group Inc. lifted its holdings in shares of Chevron Corporation (NYSE:CVX) by 10.6% in the third quarter, Holdings Channel.com reports. The fund owned 2,915,108 shares of the oil and gas company’s stock after purchasing an additional 280,577 shares during the period. Principal Financial Group Inc.’s holdings in Chevron were worth $452,687,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Souders Financial Advisors raised its holdings in Chevron by 6.0% in the 3rd quarter. Souders Financial Advisors now owns 7,739 shares of the oil and gas company’s stock worth $1,202,000 after purchasing an additional 436 shares in the last quarter. Heritage Wealth Management Inc. boosted its position in shares of Chevron by 0.5% during the third quarter. Heritage Wealth Management Inc. now owns 23,834 shares of the oil and gas company’s stock valued at $3,701,000 after purchasing an additional 107 shares in the last quarter. Northcape Wealth Management LLC grew its stake in Chevron by 3.9% in the third quarter. Northcape Wealth Management LLC now owns 4,181 shares of the oil and gas company’s stock worth $649,000 after purchasing an additional 158 shares during the period. Gitterman Wealth Management LLC bought a new position in Chevron in the third quarter worth $224,000. Finally, Carrera Capital Advisors raised its holdings in Chevron by 5.1% in the third quarter. Carrera Capital Advisors now owns 4,642 shares of the oil and gas company’s stock worth $721,000 after purchasing an additional 226 shares in the last quarter. Institutional investors own 72.42% of the company’s stock.

Wall Street Analysts Forecast Growth

CVX has been the topic of a number of research reports. Hsbc Global Res upgraded shares of Chevron from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Mizuho lifted their price target on shares of Chevron from $204.00 to $206.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. BMO Capital Markets reissued an “outperform” rating on shares of Chevron in a research note on Thursday, January 8th. Morgan Stanley decreased their target price on shares of Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Finally, Wall Street Zen upgraded shares of Chevron from a “sell” rating to a “hold” rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Chevron currently has a consensus rating of “Hold” and a consensus price target of $170.00.

Chevron Trading Up 3.3%

NYSE:CVX opened at $176.75 on Friday. The company’s 50 day moving average price is $156.40 and its 200-day moving average price is $155.45. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $177.30. The stock has a market cap of $355.90 billion, a price-to-earnings ratio of 24.86, a PEG ratio of 11.92 and a beta of 0.70.

Chevron (NYSE:CVX) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The business had revenue of $45.79 billion during the quarter, compared to analyst estimates of $48.18 billion. Chevron had a return on equity of 8.74% and a net margin of 6.57%.The company’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.06 EPS. On average, equities research analysts forecast that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

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

Chevron News Summary

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)

Insider Activity at Chevron

In other news, Director John B. Hess sold 275,000 shares of the firm’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $150.75, for a total transaction of $41,456,250.00. Following the sale, the director owned 1,128,045 shares of the company’s stock, valued at $170,052,783.75. This trade represents a 19.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Alana K. Knowles sold 7,956 shares of Chevron stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $165.05, for a total transaction of $1,313,137.80. Following the completion of the sale, the insider owned 1,207 shares of the company’s stock, valued at $199,215.35. This represents a 86.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 645,924 shares of company stock worth $102,079,188 over the last quarter. 0.21% of the stock is currently owned by 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.