Clear Trail Advisors LLC Invests $10.17 Million in Chevron Corporation $CVX

Clear Trail Advisors LLC acquired a new position in shares of Chevron Corporation (NYSE:CVX) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 66,711 shares of the oil and gas company’s stock, valued at approximately $10,167,000. Chevron comprises approximately 2.4% of Clear Trail Advisors LLC’s holdings, making the stock its 11th biggest position.

Other institutional investors have also recently bought and sold shares of the company. United Bank raised its position in Chevron by 7.7% during the second quarter. United Bank now owns 11,079 shares of the oil and gas company’s stock valued at $1,586,000 after acquiring an additional 796 shares in the last quarter. Schnieders Capital Management LLC. lifted its stake in Chevron by 9.0% in the second quarter. Schnieders Capital Management LLC. now owns 50,839 shares of the oil and gas company’s stock valued at $7,280,000 after acquiring an additional 4,214 shares during the last quarter. One Charles Private Wealth Services LLC grew its position in Chevron by 15.2% in the second quarter. One Charles Private Wealth Services LLC now owns 1,774 shares of the oil and gas company’s stock worth $254,000 after acquiring an additional 234 shares in the last quarter. XTX Topco Ltd grew its position in Chevron by 128.6% in the second quarter. XTX Topco Ltd now owns 75,847 shares of the oil and gas company’s stock worth $10,861,000 after acquiring an additional 42,667 shares in the last quarter. Finally, Laurel Wealth Advisors LLC increased its stake in shares of Chevron by 14,194.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,722,217 shares of the oil and gas company’s stock worth $532,984,000 after purchasing an additional 3,696,177 shares during the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Insider Buying and Selling

In related news, CEO Michael K. Wirth sold 272,624 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $189.35, for a total transaction of $51,621,354.40. Following the completion of the sale, the chief executive officer owned 31,266 shares in the company, valued at $5,920,217.10. This represents a 89.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Andrew Benjamin Walz sold 11,600 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $188.58, for a total value of $2,187,528.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,099,397 shares of company stock valued at $196,196,468 in the last quarter. Insiders own 0.20% of the company’s stock.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron CEO Mike Wirth warned markets are underpricing the supply shock from the Strait of Hormuz closure, signaling potential for sustained higher oil prices that support upstream earnings and cash flow. Chevron CEO says Iran war impact isn’t fully priced into oil market
• Positive Sentiment: New informal transit fees and disruptions in the Strait of Hormuz increase shipping costs and tighten global crude/LNG flows, a supply-side shock that typically benefits large integrated producers like Chevron. Iran Imposes Up to $2M Transit Fees on Ships in Strait of Hormuz
• Positive Sentiment: Chevron signaled operational buying for its California refinery (boosting near-term crude demand); that development lifted smaller suppliers and highlights refinery throughput that can bolster margins. Sable Offshore rises as Chevron says planning to buy oil for California refinery
• Positive Sentiment: Momentum: markets note CVX’s multi-session gains and strong YTD performance as investors rotate into energy amid tight supply expectations. Chevron extends winning streak to seventh session
• Positive Sentiment: Management push on Venezuela reforms and Chevron’s early production increases there point to potential medium-term supply upside if legal/contract certainty improves. Chevron Spots Market Gaps and Calls for Venezuela Reforms
• Neutral Sentiment: HSBC upgrade and analyst target increases give technical/psychological support to the rally but may already be priced in given CVX’s strong recent run. Chevron (NYSE:CVX) Upgraded at HSBC
• Negative Sentiment: Geopolitical headlines remain a double-edged sword — pauses in strikes or peace negotiations have previously triggered quick oil pullbacks, creating volatility risk that can reverse recent gains. Trump Pauses Iran Energy Strikes for 5 Days

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on CVX shares. Freedom Capital downgraded shares of Chevron from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Morgan Stanley decreased their price objective on shares of Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. Citigroup increased their target price on shares of Chevron from $179.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Mizuho raised their target price on Chevron from $206.00 to $217.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $190.00 price target on shares of Chevron in a research report on Monday, February 2nd. Fourteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Chevron presently has a consensus rating of “Hold” and a consensus target price of $184.77.

Chevron Price Performance

Shares of Chevron stock opened at $206.77 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The firm has a fifty day simple moving average of $183.03 and a 200-day simple moving average of $164.16. The stock has a market capitalization of $412.59 billion, a price-to-earnings ratio of 31.05, a PEG ratio of 1.90 and a beta of 0.67. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $209.79.

Chevron (NYSE:CVX) last posted its 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. The business 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 7.89%. Chevron’s revenue was down 10.2% compared to the same quarter last year. During the same period last year, the business posted $2.06 EPS. On average, sell-side analysts expect that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were issued a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a yield of 3.4%. This is a positive change from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date was Tuesday, February 17th. Chevron’s dividend payout ratio is currently 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.