Chevron Corporation $CVX Shares Purchased by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC boosted its stake in Chevron Corporation (NYSE:CVX) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 201,094 shares of the oil and gas company’s stock after acquiring an additional 5,158 shares during the quarter. Chevron comprises about 0.7% of NorthCrest Asset Manangement LLC’s holdings, making the stock its 29th largest holding. NorthCrest Asset Manangement LLC’s holdings in Chevron were worth $32,949,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. DDFG Inc raised its stake in shares of Chevron by 6.9% during the fourth quarter. DDFG Inc now owns 1,611 shares of the oil and gas company’s stock valued at $246,000 after purchasing an additional 104 shares during the period. Chesapeake Asset Management LLC boosted its stake in shares of Chevron by 2.0% in the fourth quarter. Chesapeake Asset Management LLC now owns 5,481 shares of the oil and gas company’s stock valued at $835,000 after purchasing an additional 106 shares during the period. Gryphon Financial Partners LLC boosted its stake in shares of Chevron by 5.7% in the fourth quarter. Gryphon Financial Partners LLC now owns 18,826 shares of the oil and gas company’s stock valued at $2,869,000 after purchasing an additional 1,018 shares during the period. Genesis Private Wealth LLC grew its holdings in Chevron by 4.3% during the 4th quarter. Genesis Private Wealth LLC now owns 2,560 shares of the oil and gas company’s stock valued at $390,000 after purchasing an additional 106 shares in the last quarter. Finally, Old Port Advisors grew its holdings in Chevron by 3.9% during the 4th quarter. Old Port Advisors now owns 19,952 shares of the oil and gas company’s stock valued at $3,041,000 after purchasing an additional 753 shares in the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Chevron Stock Performance

Shares of CVX stock opened at $201.73 on Monday. The company has a market cap of $402.53 billion, a P/E ratio of 30.29, a PEG ratio of 1.87 and a beta of 0.67. The business has a 50 day moving average of $181.32 and a two-hundred day moving average of $163.45. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $205.08. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.21.

Chevron (NYSE:CVX) last issued its quarterly earnings results 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. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The firm had revenue of $45.79 billion during the quarter, compared to analyst estimates of $48.18 billion. During the same period last year, the company posted $2.06 EPS. The firm’s quarterly revenue was down 10.2% on a year-over-year basis. As a group, analysts anticipate that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were paid 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 3.5%. The ex-dividend date of this dividend was Tuesday, February 17th. Chevron’s dividend payout ratio (DPR) is 106.91%.

Analyst Upgrades and Downgrades

CVX has been the topic of a number of recent analyst reports. BMO Capital Markets reiterated an “outperform” rating and issued a $190.00 price objective on shares of Chevron in a report on Monday, February 2nd. Wall Street Zen upgraded Chevron from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chevron in a research report on Wednesday, January 21st. Melius Research upgraded Chevron from a “hold” rating to a “buy” rating and set a $205.00 price target on the stock in a research note on Tuesday, February 17th. Finally, Bank of America raised their price objective on Chevron from $188.00 to $206.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. 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’s stock. Based on data from MarketBeat.com, Chevron has a consensus rating of “Hold” and a consensus target price of $184.77.

Insider Transactions at Chevron

In related news, insider R. Hewitt Pate sold 58,000 shares of Chevron stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $188.65, for a total transaction of $10,941,700.00. Following the transaction, the insider directly owned 8,558 shares of the company’s stock, valued at $1,614,466.70. The trade was a 87.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael K. Wirth sold 320,700 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $2,355,205.50. The trade was a 95.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,099,397 shares of company stock worth $196,196,468. Corporate insiders own 0.20% of the company’s stock.

Chevron News Roundup

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

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.