Moody Lynn & Lieberson LLC Sells 18,614 Shares of Chevron Corporation $CVX

Moody Lynn & Lieberson LLC lessened its holdings in Chevron Corporation (NYSE:CVX) by 16.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 91,517 shares of the oil and gas company’s stock after selling 18,614 shares during the period. Moody Lynn & Lieberson LLC’s holdings in Chevron were worth $13,948,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in CVX. Decker Retirement Planning Inc. purchased a new stake in shares of Chevron in the 3rd quarter valued at about $34,000. Marquette Asset Management LLC bought a new stake in shares of Chevron during the 3rd quarter valued at about $41,000. Barnes Dennig Private Wealth Management LLC grew its holdings in shares of Chevron by 306.1% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 268 shares of the oil and gas company’s stock worth $42,000 after purchasing an additional 202 shares in the last quarter. Evolution Wealth Management Inc. bought a new position in shares of Chevron in the second quarter worth approximately $49,000. Finally, Turning Point Benefit Group Inc. bought a new position in shares of Chevron in the third quarter worth approximately $49,000. Institutional investors own 72.42% of the company’s stock.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Higher oil and gas prices improves near‑term revenue/cash flow potential for integrated producers like Chevron; markets closed March with a historic monthly oil-price surge. Oil Prices Post Biggest Monthly Surge in History
• Positive Sentiment: Chevron announced a partnership with Libya’s National Oil Corporation to assess offshore exploration, which could unlock reserves and future production upside. Chevron Partners With Libya’s NOC to Unlock Offshore Potential
• Positive Sentiment: Microsoft is reportedly in talks with Chevron and Engine No. 1 about a roughly $7 billion Texas power plant project — this signals Chevron’s involvement in large-scale power/energy-transition infrastructure and potential new revenue streams. Microsoft in talks with Chevron, Engine No. 1 about $7B Texas power plant – Bloomberg
• Positive Sentiment: Wall Street interest and analyst support remain; J.P. Morgan and other coverage highlight Chevron’s strong cash‑flow profile (Tengizchevroil ramp-up), and Berkshire Hathaway remains a large shareholder — factors that support investor demand. Chevron: Leveraging Tengizchevroil’s Ramp-Up and Long-Lived Franchise Strength…
• Neutral Sentiment: Chevron announced senior leadership changes framed as operational and safety-focused; these typically matter more for long-term execution than for immediate stock moves. Chevron Announces Senior Leadership Changes
• Neutral Sentiment: There are bullish commentary pieces suggesting momentum and buy-the-dip interest, but these are sentiment/analysis items rather than company-specific catalysts. Oil Prices Are Near Multiyear Highs. Here’s the Best Energy Stock to Buy With $1,000.
• Negative Sentiment: Wheatstone LNG downstream assets in Western Australia suffered extensive cyclone damage; Chevron says the facility will be offline for a number of weeks — lost volumes, repair costs and operational uncertainty are near-term negatives for earnings and cash flow. Chevron’s downstream assets at Wheatstone gas facility suffer extensive damage due to cyclone
• Negative Sentiment: Chevron warned it may be forced to close California gas plants within a decade under current state policy — a regulatory risk that could reduce refining and power assets in a key domestic market. ‘We Won’t Be Able To Make It’ — After 140 Years In California, Chevron May Have To Close Its Gas Plants

Insider Transactions at Chevron

In other news, insider Alana K. Knowles sold 2,408 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $183.28, for a total value of $441,338.24. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Vice Chairman Mark A. Nelson sold 139,600 shares of Chevron stock in a transaction on Monday, March 2nd. The stock was 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. The trade was a 92.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,099,397 shares of company stock valued at $196,196,468. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

CVX has been the subject of several research analyst reports. Freedom Capital lowered shares of Chevron from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Zacks Research raised shares of Chevron from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. Wall Street Zen upgraded shares of Chevron from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Barclays lifted their price objective on shares of Chevron from $172.00 to $180.00 and gave the stock an “equal weight” rating in a report on Monday, March 16th. Finally, Citigroup upped their target price on shares of Chevron from $179.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Fourteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $186.50.

Chevron Stock Performance

NYSE CVX opened at $206.81 on Wednesday. The company has a 50-day simple moving average of $187.24 and a two-hundred day simple moving average of $165.98. Chevron Corporation has a 12-month low of $132.04 and a 12-month high of $214.71. The firm has a market cap of $412.67 billion, a price-to-earnings ratio of 31.05, a PEG ratio of 1.67 and a beta of 0.67. 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 released its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.44 by $0.08. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The firm had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. During the same quarter in the previous year, the business earned $2.06 earnings per share. The company’s quarterly revenue was down 10.2% on a year-over-year basis. On average, equities analysts forecast that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were paid a $1.78 dividend. 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 dividend on an annualized basis and a yield of 3.4%. Chevron’s payout ratio is presently 106.91%.

Chevron 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.