BIP Wealth LLC Increases Stock Position in Chevron Corporation $CVX

BIP Wealth LLC increased its position in shares of Chevron Corporation (NYSE:CVX) by 114.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 18,415 shares of the oil and gas company’s stock after buying an additional 9,840 shares during the quarter. BIP Wealth LLC’s holdings in Chevron were worth $2,807,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in CVX. Decker Retirement Planning Inc. purchased a new stake in Chevron in the 3rd quarter worth $34,000. Marquette Asset Management LLC purchased a new stake in Chevron in the 3rd quarter worth $41,000. Barnes Dennig Private Wealth Management LLC increased its holdings in Chevron by 306.1% in 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 acquiring an additional 202 shares in the last quarter. Daytona Street Capital LLC purchased a new stake in Chevron in the 4th quarter worth $44,000. Finally, Evolution Wealth Management Inc. purchased a new stake in Chevron in the 2nd quarter worth $49,000. 72.42% of the stock is owned by hedge funds and other institutional investors.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron resumed natural gas output at the Leviathan offshore field after a 33‑day halt, lifting capacity and reinforcing its LNG and Eastern Mediterranean supply role — a near‑term boost to volumes and strategic positioning. Read More.
• Positive Sentiment: BMO Capital raised its price target on CVX to $205 and kept an Outperform rating, reflecting upside in Chevron’s cash returns and resilience despite an uncertain oil price range. Read More.
• Positive Sentiment: Erste Group boosted its FY2026 EPS forecast for Chevron, signaling some analyst upward revisions to earnings expectations as company fundamentals and higher commodity prices support cash flow. Read More.
• Neutral Sentiment: Longer‑term bullish research pieces highlight Chevron as a durable dividend and integrated energy exposure play (LNG + upstream), supporting buy‑and‑hold interest even amid short‑term volatility. Read More.
• Neutral Sentiment: Rising oil pushed option premiums wider, prompting some traders to favor covered‑call and cash‑secured‑put strategies on CVX — a sign of elevated volatility rather than a directional signal. Read More.
• Negative Sentiment: Market reaction to a two‑week US‑Iran ceasefire sent oil prices lower and triggered a pullback in Chevron shares as investors price in a reduced near‑term supply shock. Several news outlets flagged CVX among stocks sliding despite a broader market rally. Read More.
• Negative Sentiment: Despite the ceasefire, geopolitical risk remains: recent drone strikes on Saudi Arabia’s East‑West pipeline and political comments suggesting the truce is fragile keep a risk premium on energy — this uncertainty can quickly re‑tighten or loosen oil prices and fuel volatility in CVX. Read More.
• Negative Sentiment: Market commentary (Barron’s, Investopedia, The Motley Fool) notes today may mark a rotational pullback for energy after March’s rally — analysts warn gains could be tested if oil stabilizes lower, pressuring CVX near term. Read More.

Insider Buying and Selling at Chevron

In other news, CEO Michael K. Wirth sold 272,624 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer owned 31,266 shares of the company’s stock, valued at approximately $5,920,217.10. This trade represents a 89.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Alana K. Knowles sold 2,408 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $183.28, for a total value of $441,338.24. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 782,607 shares of company stock worth $146,510,571. 0.21% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently commented on CVX. BMO Capital Markets reissued an “outperform” rating and issued a $190.00 price target on shares of Chevron in a report on Monday, February 2nd. HSBC upgraded Chevron from a “hold” rating to a “buy” rating and set a $215.00 price objective on the stock in a report on Friday, March 20th. Morgan Stanley lifted their price objective on Chevron from $174.00 to $212.00 and gave the stock an “overweight” rating in a report on Friday, March 27th. Freedom Capital cut Chevron from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Finally, Zacks Research upgraded Chevron from a “hold” rating to a “strong-buy” rating in a report on Friday, April 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, Chevron currently has a consensus rating of “Moderate Buy” and an average target price of $187.64.

Chevron Price Performance

NYSE:CVX opened at $192.81 on Thursday. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $214.71. The stock’s fifty day moving average is $190.88 and its two-hundred day moving average is $167.59. The company has a market capitalization of $384.74 billion, a P/E ratio of 28.95, a P/E/G ratio of 1.66 and a beta of 0.60. 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 posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, topping 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 business had revenue of $45.79 billion for the quarter, compared to analyst estimates of $48.18 billion. During the same quarter in the prior year, the company earned $2.06 earnings per share. The company’s revenue was down 10.2% on a year-over-year basis. Equities analysts expect 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. Stockholders of record on Tuesday, February 17th were given a dividend of $1.78 per share. This is an increase from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $7.12 annualized dividend and a dividend yield of 3.7%. Chevron’s dividend payout ratio 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.