Chemistry Wealth Management LLC Sells 4,014 Shares of Chevron Corporation $CVX

Chemistry Wealth Management LLC decreased its position in shares of Chevron Corporation (NYSE:CVX) by 41.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,652 shares of the oil and gas company’s stock after selling 4,014 shares during the quarter. Chemistry Wealth Management LLC’s holdings in Chevron were worth $861,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CVX. Mallini Complete Financial Planning LLC bought a new stake in Chevron during the fourth quarter valued at about $225,000. Canal Capital Management LLC boosted its stake in shares of Chevron by 2.2% in the fourth quarter. Canal Capital Management LLC now owns 7,964 shares of the oil and gas company’s stock worth $1,214,000 after acquiring an additional 168 shares during the period. Red Spruce Capital LLC grew its position in shares of Chevron by 2.6% during the fourth quarter. Red Spruce Capital LLC now owns 7,801 shares of the oil and gas company’s stock worth $1,189,000 after purchasing an additional 194 shares in the last quarter. Catherine Avery Investment Management LLC grew its position in shares of Chevron by 3.3% during the fourth quarter. Catherine Avery Investment Management LLC now owns 30,997 shares of the oil and gas company’s stock worth $4,724,000 after purchasing an additional 983 shares in the last quarter. Finally, Park Avenue Securities LLC raised its stake in Chevron by 11.6% during the 4th quarter. Park Avenue Securities LLC now owns 152,057 shares of the oil and gas company’s stock valued at $23,175,000 after purchasing an additional 15,853 shares during the period. Institutional investors own 72.42% of the company’s stock.

Chevron Trading Up 0.1%

CVX opened at $201.73 on Friday. The stock has a 50-day moving average of $181.32 and a 200 day moving average of $163.40. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. Chevron Corporation has a 12 month low of $132.04 and a 12 month high of $205.08. The firm has a market cap of $402.53 billion, a P/E ratio of 30.29, a P/E/G ratio of 1.86 and a beta of 0.67.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. The business had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The company’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the business posted $2.06 earnings per share. As a group, research analysts forecast that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were paid a dividend of $1.78 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This is a positive change from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 annualized dividend and a yield of 3.5%. Chevron’s payout ratio is presently 106.91%.

Wall Street Analyst Weigh In

CVX has been the topic of a number of research analyst reports. Morgan Stanley lowered their price target on Chevron from $180.00 to $174.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. HSBC upgraded shares of Chevron from a “hold” rating to a “buy” rating and set a $215.00 price objective on the stock in a research report on Friday. Bank of America boosted their target price on shares of Chevron from $188.00 to $206.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Argus set a $203.00 target price on shares of Chevron in a research report on Tuesday, February 3rd. Finally, Jefferies Financial Group raised their target price on shares of Chevron from $174.00 to $189.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Fourteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $184.77.

Insider Activity

In other Chevron news, Vice Chairman Mark A. Nelson sold 139,600 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $187.92, for a total transaction of $26,233,632.00. Following the transaction, the insider owned 11,337 shares in the company, valued at $2,130,449.04. The trade was a 92.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Michael K. Wirth sold 320,700 shares of the stock in a transaction on Monday, January 5th. The shares were sold at an average price of $162.99, for a total transaction of $52,270,893.00. Following the completion of the sale, the chief executive officer directly owned 14,450 shares in the company, valued at approximately $2,355,205.50. This represents a 95.69% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,099,397 shares of company stock worth $196,196,468. 0.21% of the stock is currently owned by insiders.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron’s market capitalization topped $400 billion for the first time as the crude rally lifted energy peers and investor appetite for large integrated oil names. Chevron (CVX) Stock Breaks Into Elite $400B Club Amid Oil Price Rally
• Positive Sentiment: HSBC upgraded CVX from Hold to Buy and set a $215 target, signaling analyst conviction that the stock has further upside as oil stays elevated. HSBC upgrade to Buy
• Positive Sentiment: Major business press notes Chevron’s rise into the top-20 U.S. companies by market value, reinforcing momentum and institutional interest in the name. Chevron Jumps Into Top 20 Most Valuable U.S. Companies
• Positive Sentiment: Analyst/market commentaries and YTD performance write-ups highlight strong gains (CVX up materially this year) driven by geopolitical support for oil prices and Chevron’s growth projects—these narratives help attract momentum flows. Why the Market Dipped But Chevron (CVX) Gained Today
• Positive Sentiment: Mizuho and other broker notes (coverage upgrades / bullish price forecasts) and inclusion in “best energy stocks” pieces amplify buy-side interest and argue for continued upside if commodity strength persists. Mizuho Forecasts Strong Price Appreciation for Chevron (NYSE:CVX) Stock
• Neutral Sentiment: Comparative analyst pieces (e.g., Zacks on Chevron vs. Suncor) note Chevron’s diversification and Guyana growth but weigh that against peer cost actions—useful context but not an immediate catalyst. Chevron vs. Suncor: Which Energy Stock Wins at 52-Week Highs?
• Neutral Sentiment: Chevron Technology Ventures led a small strategic investment in robotics firm KEWAZO—positioning for operational efficiencies but not a near-term earnings driver. Chevron Technology Ventures Invests in KEWAZO

About Chevron

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.