Great Lakes Advisors LLC Boosts Holdings in Chevron Corporation $CVX

Great Lakes Advisors LLC boosted its position in shares of Chevron Corporation (NYSE:CVX) by 1.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 202,288 shares of the oil and gas company’s stock after purchasing an additional 3,125 shares during the period. Great Lakes Advisors LLC’s holdings in Chevron were worth $31,413,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CVX. Quaker Wealth Management LLC lifted its stake in shares of Chevron by 197.7% in the second quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock worth $31,000 after acquiring an additional 439 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of Chevron during the 3rd quarter valued at approximately $34,000. Vermillion & White Wealth Management Group LLC increased its stake in shares of Chevron by 86.1% in 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 buying an additional 118 shares during the last quarter. IMG Wealth Management Inc. boosted 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 during the last quarter. Finally, Marquette Asset Management LLC bought a new stake in shares of Chevron in the 3rd quarter worth about $41,000. Institutional investors and hedge funds own 72.42% of the company’s stock.

Insider Buying and Selling

In other Chevron news, Director John B. Hess sold 275,000 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $150.75, for a total transaction of $41,456,250.00. Following the completion of the sale, the director directly owned 1,128,045 shares in the company, valued at $170,052,783.75. This represents a 19.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael K. Wirth sold 320,700 shares of Chevron stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $162.99, for a total value of $52,270,893.00. Following the completion of the transaction, the chief executive officer directly owned 14,450 shares in the company, valued at approximately $2,355,205.50. This represents a 95.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 635,190 shares of company stock worth $100,254,408. 0.20% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on CVX shares. Wells Fargo & Company lifted their price objective on shares of Chevron from $190.00 to $196.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. Zacks Research raised shares of Chevron from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. HSBC set a $169.00 price target on Chevron and gave the stock a “buy” rating in a research report on Monday, December 1st. Wall Street Zen lowered Chevron from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Finally, Jefferies Financial Group boosted their price target on shares of Chevron from $174.00 to $189.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $170.00.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron plans to lift Venezuelan crude shipments to the U.S. to ~300,000 bpd in March, which should support near‑term volumes and revenues. Chevron to boost exports of Venezuelan oil to US in March, sources say
• Positive Sentiment: Wall Street remains supportive: RBC and DBS published buy ratings and BMO reiterated a Buy/Outperform, underpinning investor sentiment and providing demand-side support for the stock. RBC Capital Sticks to Their Buy Rating for Chevron (CVX)
• Positive Sentiment: Chevron added Thomas W. Horton to its board and audit committee, boosting governance credentials and signaling stronger oversight as the company executes international deals. Chevron appoints veteran executive Thomas Horton to board
• Positive Sentiment: Large money managers have been increasing Chevron positions, a sign of institutional conviction that could support the share price on dips. The Value Stock Big-Money Managers Are Quietly Buying
• Neutral Sentiment: Chevron is pursuing improved financial terms from Iraq before taking over Lukoil’s West Qurna 2 stake — a potential growth opportunity but outcomes remain uncertain and could take time to close. Exclusive: Chevron seeks better terms from Iraq before taking over Lukoil oilfield, sources say
• Neutral Sentiment: Chevron signed an MoU with Libya’s NOC to restart exploration activity — a strategic re‑entry that adds optionality but carries execution and country-risk timelines. Chevron Signs MoU With Libya’s NOC to Boost Oil and Gas Exploration
• Negative Sentiment: Political scrutiny is rising: coverage highlights pressure between Wall Street’s spending-discipline narrative and political calls to invest heavily in Venezuela — that tension could force Chevron into politically sensitive capital decisions or regulatory scrutiny. Venezuela Tests Big Oil’s Wall Street-Backed Spending Discipline
• Negative Sentiment: Senate-level disputes over U.S. involvement in Venezuela’s oil sector increase policy and reputational risk; heated hearings and political rhetoric could translate into regulatory or sanction risks. JD Vance’s ‘Petty Insults’ Involving Comparisons To ‘Forrest Gump’ Blasted By Tammy Duckworth: Your Boss Ran ‘Crying’ Bone Spurs

Chevron Stock Performance

Shares of Chevron stock opened at $170.02 on Thursday. The stock has a market cap of $342.35 billion, a PE ratio of 23.91, a price-to-earnings-growth ratio of 11.66 and a beta of 0.70. Chevron Corporation has a 12 month low of $132.04 and a 12 month high of $170.42. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19. The business has a fifty day simple moving average of $155.45 and a 200-day simple moving average of $155.13.

Chevron (NYSE:CVX) last announced its quarterly earnings data on Friday, October 31st. The oil and gas company reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.71 by $0.14. Chevron had a net margin of 6.57% and a return on equity of 8.74%. The firm had revenue of $48.17 billion for the quarter, compared to the consensus estimate of $46.99 billion. During the same period in the previous year, the firm posted $2.48 earnings per share. The firm’s revenue was down 1.9% on a year-over-year basis. On average, sell-side analysts anticipate that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Tuesday, November 18th were issued a $1.71 dividend. This represents a $6.84 annualized dividend and a yield of 4.0%. The ex-dividend date was Tuesday, November 18th. Chevron’s payout ratio is 96.20%.

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.