Signature Estate & Investment Advisors LLC Sells 4,230 Shares of Chevron Corporation $CVX

Signature Estate & Investment Advisors LLC cut its stake in Chevron Corporation (NYSE:CVX) by 28.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,492 shares of the oil and gas company’s stock after selling 4,230 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Chevron were worth $1,629,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Correct Capital Wealth Management grew its stake in Chevron by 2.0% in the 3rd quarter. Correct Capital Wealth Management now owns 13,191 shares of the oil and gas company’s stock valued at $2,048,000 after buying an additional 253 shares during the last quarter. Boyd Watterson Asset Management LLC OH boosted its holdings in shares of Chevron by 1.7% during the third quarter. Boyd Watterson Asset Management LLC OH now owns 18,649 shares of the oil and gas company’s stock worth $2,896,000 after acquiring an additional 307 shares during the period. Lowe Brockenbrough & Co. Inc. grew its position in shares of Chevron by 2.9% in the third quarter. Lowe Brockenbrough & Co. Inc. now owns 129,574 shares of the oil and gas company’s stock valued at $20,122,000 after purchasing an additional 3,703 shares during the last quarter. Azzad Asset Management Inc. ADV increased its stake in shares of Chevron by 4.4% during the third quarter. Azzad Asset Management Inc. ADV now owns 17,256 shares of the oil and gas company’s stock worth $2,680,000 after purchasing an additional 731 shares during the period. Finally, Smartleaf Asset Management LLC increased its stake in shares of Chevron by 39.6% during the third quarter. Smartleaf Asset Management LLC now owns 29,887 shares of the oil and gas company’s stock worth $4,666,000 after purchasing an additional 8,482 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: Analyst upgrades and target‑price lifts have driven fresh buying and helped push CVX to new 12‑month highs, supporting momentum. How Recent Analyst Shifts Are Rewriting The Story For Chevron (CVX)
• Positive Sentiment: Company raised the quarterly dividend to $1.78 (ex‑dividend Feb. 17) — a yield near 4% — which attracts income investors and supports the equity multiple. MarketBeat CVX Profile
• Positive Sentiment: Chevron is pursuing production expansion in OPEC‑linked countries and signed an initial offshore MOU involving Syrian waters — potential long‑term reserves upside if geopolitics/sanctions allow. These strategic moves underpin growth expectations. Trump Is Remaking the Global Oil Market, and Exxon and Chevron Want In
• Positive Sentiment: Q4: EPS topped estimates and management reiterated ~10% cash‑flow and production CAGR targets for 2026, which supports forward free cash‑flow expectations and buyback/dividend capacity. Chevron Earnings
• Neutral Sentiment: Leadership reshuffle (internal promotions/retirements) announced for strategy/trading/business development — succession appears organized but is unlikely to change fundamentals immediately. Chevron names new heads of strategy, trading, business development
• Neutral Sentiment: After January’s strong run, valuation checks and analyst commentary note CVX may be partially priced for optimism — investors are debating whether further upside is justified absent stronger top‑line recovery. Chevron (CVX) Valuation Check After Recent Share Price Momentum
• Negative Sentiment: Significant insider selling: filings show multi‑million dollar sales by the CFO, vice chairman, CTO and other senior execs over Feb. 3–5. Heavy insider exits are being read as profit‑taking and can sap sentiment short‑term. Insider Selling: Chevron CFO Sells
• Negative Sentiment: Q4 revenue missed estimates and was down year‑over‑year, underscoring near‑term demand/price pressure despite the EPS beat — investors may trim positions until revenue trends stabilize. Chevron Earnings

Wall Street Analysts Forecast Growth

CVX has been the topic of a number of research reports. Scotiabank reaffirmed a “sector perform” rating and issued a $168.00 price objective on shares of Chevron in a report on Friday, January 16th. TD Cowen boosted their target price on shares of Chevron from $160.00 to $168.00 and gave the company a “hold” rating in a research report on Monday, February 2nd. Raymond James Financial restated an “outperform” rating and issued a $160.00 price target (down from $170.00) on shares of Chevron in a research note on Friday, October 17th. Bank of America dropped their price objective on shares of Chevron from $183.00 to $180.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. Finally, Citigroup cut their price objective on shares of Chevron from $185.00 to $179.00 and set a “buy” rating for the company in a report on Monday, January 5th. Twelve analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $175.00.

Insider Activity

In other Chevron news, Vice Chairman Mark A. Nelson sold 45,800 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $174.17, for a total value of $7,976,986.00. Following the sale, the insider owned 7,161 shares of the company’s stock, valued at approximately $1,247,231.37. This trade represents a 86.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Andrew Benjamin Walz sold 22,200 shares of the business’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $176.53, for a total value of $3,918,966.00. Following the transaction, the insider directly owned 666 shares of the company’s stock, valued at $117,568.98. This trade represents a 97.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 793,158 shares of company stock valued at $127,919,578. Corporate insiders own 0.21% of the company’s stock.

Chevron Stock Up 1.0%

CVX stock opened at $181.06 on Monday. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $182.59. The business has a 50-day simple moving average of $159.30 and a 200 day simple moving average of $156.47. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19. The company has a market cap of $364.57 billion, a PE ratio of 27.19, a price-to-earnings-growth ratio of 12.11 and a beta of 0.70.

Chevron (NYSE:CVX) last released 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. The firm had revenue of $45.79 billion for the quarter, compared to analyst estimates of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 8.23%. The business’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same period last year, the firm earned $2.06 EPS. Sell-side analysts anticipate that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be given a dividend of $1.78 per share. This is an increase from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 annualized dividend and a yield of 3.9%. The ex-dividend date is Tuesday, February 17th. Chevron’s dividend payout ratio (DPR) is presently 106.91%.

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.