Financial & Tax Architects LLC Lowers Holdings in Chevron Corporation $CVX

Financial & Tax Architects LLC decreased its holdings in shares of Chevron Corporation (NYSE:CVX) by 9.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 43,720 shares of the oil and gas company’s stock after selling 4,369 shares during the period. Chevron makes up about 2.0% of Financial & Tax Architects LLC’s holdings, making the stock its 11th largest holding. Financial & Tax Architects LLC’s holdings in Chevron were worth $9,046,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Premier Path Wealth Partners LLC grew its position in Chevron by 5.7% in the first quarter. Premier Path Wealth Partners LLC now owns 14,905 shares of the oil and gas company’s stock worth $3,084,000 after acquiring an additional 805 shares in the last quarter. Inman Jager Wealth Management LLC lifted its stake in Chevron by 1.9% during the first quarter. Inman Jager Wealth Management LLC now owns 19,417 shares of the oil and gas company’s stock worth $4,017,000 after purchasing an additional 368 shares during the last quarter. Caliber Wealth Management LLC KS boosted its holdings in shares of Chevron by 26.1% in the 1st quarter. Caliber Wealth Management LLC KS now owns 2,195 shares of the oil and gas company’s stock worth $454,000 after purchasing an additional 454 shares in the last quarter. Asset Planning Inc boosted its holdings in shares of Chevron by 2.4% in the 1st quarter. Asset Planning Inc now owns 9,791 shares of the oil and gas company’s stock worth $2,026,000 after purchasing an additional 228 shares in the last quarter. Finally, Mayflower Financial Advisors LLC increased its position in shares of Chevron by 2.9% during the 1st quarter. Mayflower Financial Advisors LLC now owns 24,028 shares of the oil and gas company’s stock valued at $4,971,000 after purchasing an additional 685 shares during the last quarter. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Chevron Stock Down 0.0%

Shares of NYSE:CVX opened at $165.70 on Thursday. The stock’s 50-day moving average is $183.99 and its 200 day moving average is $180.34. The company has a market cap of $330.01 billion, a PE ratio of 28.72, a P/E/G ratio of 0.55 and a beta of 0.50. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.84. Chevron Corporation has a 1 year low of $145.47 and a 1 year high of $214.71.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.41. Chevron had a return on equity of 6.90% and a net margin of 5.79%.The firm had revenue of $47.56 billion for the quarter, compared to analyst estimates of $51.86 billion. During the same period last year, the company earned $2.18 EPS. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. Sell-side analysts anticipate that Chevron Corporation will post 15.52 EPS for the current year.

Chevron Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, May 19th were issued a $1.78 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $7.12 annualized dividend and a yield of 4.3%. Chevron’s payout ratio is 123.40%.

Insiders Place Their Bets

In other Chevron news, Director John B. Hess sold 380,000 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $193.20, for a total transaction of $73,416,000.00. Following the transaction, the director directly owned 278,045 shares of the company’s stock, valued at approximately $53,718,294. The trade was a 57.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.56% of the stock is currently owned by company insiders.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron signed a 20-year agreement with Microsoft to supply electricity for a large AI-focused data center in Texas, expanding Chevron’s role in powering data infrastructure and potentially opening the door to more similar projects. Chevron (CVX) Just Signed A 20 Year Microsoft AI Data Center Power Deal
• Positive Sentiment: Several articles highlighted Chevron’s 4%+ dividend yield and long track record of dividend increases, reinforcing the stock’s appeal for income-focused investors. Chevron Yields 4.2% Because Oil Prices Make Everyone Nervous. Here’s Why That Thinking Is Outdated
• Neutral Sentiment: Erste Group slightly raised its 2026 earnings estimate for Chevron, suggesting stable profitability expectations, though the change was modest.
• Negative Sentiment: Chevron shares are being weighed down by softer crude prices and broader sector concerns, including reports that energy stocks may lag technology in the second half as oil retreats. What’s Ahead for Tech and Other Sectors In The Year’s Second Half
• Negative Sentiment: Morgan Stanley reportedly lowered its price target on Chevron, adding to pressure on the stock amid worries about weaker oil fundamentals. Chevron (CVX) Price Target Lowered at Morgan Stanley. Here is Why

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CVX. HSBC raised 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. Wells Fargo & Company increased their price target on shares of Chevron from $204.00 to $222.00 and gave the company an “overweight” rating in a research report on Thursday, April 9th. Zacks Research downgraded shares of Chevron from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 8th. Weiss Ratings downgraded shares of Chevron from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $220.00 price objective on shares of Chevron in a report on Tuesday, May 5th. Eighteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Chevron has an average rating of “Moderate Buy” and a consensus price target of $205.52.

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.