Abich Financial Wealth Management LLC Purchases Shares of 3,710 Chevron Corporation $CVX

Abich Financial Wealth Management LLC acquired a new stake in Chevron Corporation (NYSE:CVX) during the third quarter, Holdings Channel reports. The institutional investor acquired 3,710 shares of the oil and gas company’s stock, valued at approximately $576,000. Chevron accounts for 0.2% of Abich Financial Wealth Management LLC’s portfolio, making the stock its 28th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Quaker Wealth Management LLC boosted its holdings in shares of Chevron by 197.7% in the 2nd quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock valued at $31,000 after acquiring an additional 439 shares during the last quarter. Decker Retirement Planning Inc. acquired a new stake in shares of Chevron in the third quarter valued at about $34,000. Vermillion & White Wealth Management Group LLC increased its position in shares of Chevron by 86.1% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock worth $37,000 after purchasing an additional 118 shares in the last quarter. IMG Wealth Management Inc. grew its stake in Chevron by 52.3% during the 2nd quarter. IMG Wealth Management Inc. now owns 265 shares of the oil and gas company’s stock valued at $38,000 after acquiring an additional 91 shares in the last quarter. Finally, Marquette Asset Management LLC acquired a new stake in shares of Chevron in the 3rd quarter worth $41,000. Institutional investors and hedge funds own 72.42% of the company’s stock.

Chevron Stock Performance

Shares of CVX opened at $182.46 on Friday. Chevron Corporation has a 12-month low of $132.04 and a 12-month high of $186.52. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average of $161.84 and a two-hundred day moving average of $157.23. The stock has a market cap of $367.38 billion, a P/E ratio of 27.40, a PEG ratio of 12.49 and a beta of 0.70.

Chevron (NYSE:CVX) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.08. The company had revenue of $45.79 billion during the quarter, compared to the consensus estimate of $48.18 billion. Chevron had a return on equity of 8.23% and a net margin of 6.51%.Chevron’s revenue was down 10.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.06 earnings per share. As a group, research analysts predict that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be given a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a yield of 3.9%. This is an increase from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date is Tuesday, February 17th. Chevron’s dividend payout ratio (DPR) is 102.70%.

Insider Buying and Selling at Chevron

In other news, CTO Thomas Ryder Booth sold 6,000 shares of Chevron stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $178.43, for a total value of $1,070,580.00. Following the completion of the sale, the chief technology officer owned 476 shares of the company’s stock, valued at $84,932.68. The trade was a 92.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider R. Hewitt Pate sold 41,134 shares of Chevron stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $176.40, for a total value of $7,256,037.60. Following the completion of the sale, the insider owned 4,169 shares of the company’s stock, valued at $735,411.60. This trade represents a 90.80% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 793,163 shares of company stock valued at $127,920,502. 0.21% of the stock is currently owned by insiders.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron has begun processing Venezuelan crude at a Gulf Coast refinery after recent political developments, marking the company’s first public acknowledgment of these operations — this boosts near‑term feedstock access and refining margins. Inside Chevron’s flagship refinery tapping into Venezuelan crude after Maduro’s capture
• Positive Sentiment: Reports say Venezuela plans to grant Chevron additional oil‑production blocks, which could expand upstream volumes and long‑term reserves exposure if contracts are finalized. Venezuela to grant more oil drilling blocks to Chevron, Repsol
• Positive Sentiment: Chevron won blocks in Libya’s Sirte Basin — a material upstream win that supports future production optionality and helped push the stock to 52‑week highs earlier this week. Chevron to enter Libya after awarded prized Sirte Basin block
• Positive Sentiment: Operational strength in the Permian (1M boe/d) and AI-driven efficiencies are cited as drivers of improved cash flow and margin expansion — a structural tailwind for free cash flow and buybacks/dividends. Chevron’s Permian Scale Drives Cash Flow and Efficiency Edge
• Positive Sentiment: Chevron increased its quarterly dividend ~4.1%, reinforcing the income appeal for investors and supporting valuation expectations for yield‑sensitive holders. Chevron Dividend Increase By 4.09%
• Neutral Sentiment: Positive analyst and media coverage (Barron’s, Motley Fool pieces) highlight sector tailwinds and Chevron’s execution, but these are commentary rather than new catalysts. Energy Stocks Are Winning 2026. Why They Could Keep Going.
• Neutral Sentiment: Insider disclosure: CTO Thomas Ryder Booth sold 5 shares (nominal amount) — too small to indicate management trend. SEC Form 4 disclosure

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on CVX shares. HSBC lowered Chevron from a “buy” rating to a “hold” rating and set a $180.00 price target on the stock. in a research note on Monday, February 2nd. JPMorgan Chase & Co. raised Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price objective on the stock in a research report on Tuesday, January 20th. Argus set a $203.00 target price on shares of Chevron in a report on Tuesday, February 3rd. Wells Fargo & Company lifted their price target on Chevron from $196.00 to $204.00 and gave the stock an “overweight” rating in a report on Monday, February 2nd. Finally, Sanford C. Bernstein upped their target price on shares of Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a report on Monday, January 5th. Twelve equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Chevron currently has a consensus rating of “Hold” and an average target price of $175.00.

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.