11,110 Shares in Chevron Corporation $CVX Bought by Cane Capital Partners LLC

Cane Capital Partners LLC purchased a new position in shares of Chevron Corporation (NYSE:CVX) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 11,110 shares of the oil and gas company’s stock, valued at approximately $1,693,000.

A number of other large investors have also recently bought and sold shares of the business. Decker Retirement Planning Inc. purchased a new position in Chevron during the 3rd quarter worth $34,000. Marquette Asset Management LLC purchased a new position in Chevron during the 3rd quarter worth $41,000. Barnes Dennig Private Wealth Management LLC raised its position in Chevron by 306.1% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 268 shares of the oil and gas company’s stock worth $42,000 after buying an additional 202 shares during the last quarter. Daytona Street Capital LLC purchased a new position in Chevron during the 4th quarter worth $44,000. Finally, Evolution Wealth Management Inc. purchased a new position in Chevron during the 2nd quarter worth $49,000. Institutional investors and hedge funds own 72.42% of the company’s stock.

Chevron Stock Performance

Shares of CVX opened at $201.37 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.21. The company has a 50-day simple moving average of $190.43 and a 200-day simple moving average of $167.42. Chevron Corporation has a 52-week low of $132.04 and a 52-week high of $214.71. The company has a market capitalization of $401.82 billion, a PE ratio of 30.24, a P/E/G ratio of 1.66 and a beta of 0.60.

Chevron (NYSE:CVX) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.08. Chevron had a net margin of 6.51% and a return on equity of 7.89%. The firm had revenue of $45.79 billion during the quarter, compared to the consensus estimate of $48.18 billion. During the same period last year, the firm posted $2.06 EPS. The firm’s revenue for the quarter was down 10.2% on a year-over-year basis. Equities research analysts predict 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 was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were issued a dividend of $1.78 per share. This is an increase from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date was Tuesday, February 17th. This represents a $7.12 annualized dividend and a yield of 3.5%. Chevron’s payout ratio is 106.91%.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Geopolitical supply shock: U.S. strikes and rising Iran/Hormuz tensions pushed Brent/WTI above $110, lifting integrated majors like Chevron because higher crude prices directly boost upstream earnings and cash flow. US Strikes Iran’s Kharg Island as Hormuz Deadline Nears; Oil Surges Above $110
• Positive Sentiment: Sector and analyst tailwind: MarketBeat’s XLE piece highlights accelerating energy earnings, analyst price‑target increases, and institutional accumulation; Chevron is a top XLE holding, so sector flows and higher forecasts are supporting CVX. XLE ETF Hits Peak: What Comes Next May Surprise You
• Positive Sentiment: Bullish research and momentum rankings: Zacks published bullish takes on CVX (calls it a top long‑term stock and added it to Strong Buy/momentum and income lists), which helps retail and quant flows. Chevron (CVX) Laps the Stock Market: Here’s Why Why Chevron (CVX) is a Top Stock for the Long-Term
• Neutral Sentiment: Operational update — Chevron resumed Leviathan gas production offshore Israel; this restores volumes and supports midstream/upstream returns but is incremental to the big oil‑price move. Chevron resumes Leviathan gas production offshore Israel
• Neutral Sentiment: Earnings context: Recent quarterly results showed an EPS beat but a revenue miss and some margin pressure — a mixed fundamental read that keeps investors focused on cash flow and capital returns rather than top‑line growth.
• Negative Sentiment: Supply response risk: Higher prices are prompting U.S. shale drillers to plan output increases; rising U.S. production would act as a cap on sustained price gains, which could blunt Chevron’s upstream benefit over time. US Shale Drillers Seen Lifting Crude Output on Hormuz-Driven Price Rally
• Negative Sentiment: Inventory and structural risk: Analysis warning that markets are leaning on pre‑war stockpiles implies volatility ahead when buffers draw down — a tail risk that could reverse energy gains if supply normalizes or demand softens. The World Is Still Running on Pre-War Oil Stockpiles

Insider Activity

In other Chevron news, Vice Chairman Mark A. Nelson sold 139,600 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the insider directly owned 11,337 shares in the company, valued at approximately $2,130,449.04. This trade represents a 92.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Eimear P. Bonner sold 32,100 shares of the firm’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $175.01, for a total transaction of $5,617,821.00. Following the transaction, the chief financial officer owned 4,366 shares of the company’s stock, valued at $764,093.66. This trade represents a 88.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 782,607 shares of company stock worth $146,510,571 in the last three months. Company insiders own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on CVX shares. HSBC upgraded shares of Chevron from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research report on Friday, March 20th. Melius Research upgraded shares of Chevron from a “hold” rating to a “buy” rating and set a $205.00 price objective for the company in a research report on Tuesday, February 17th. Morgan Stanley upped their price objective on shares of Chevron from $174.00 to $212.00 and gave the stock an “overweight” rating in a research report on Friday, March 27th. JPMorgan Chase & Co. upgraded shares of Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price objective for the company in a research report on Tuesday, January 20th. Finally, Citigroup upped their price objective on shares of Chevron from $210.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $187.64.

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.