Winning Points Advisors LLC Purchases New Position in Chevron Corporation $CVX

Winning Points Advisors LLC purchased a new stake in Chevron Corporation (NYSE:CVX) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 5,147 shares of the oil and gas company’s stock, valued at approximately $784,000. Chevron accounts for approximately 0.7% of Winning Points Advisors LLC’s portfolio, making the stock its 22nd largest position.

Other hedge funds have also modified their holdings of the company. Core Wealth Advisors LLC acquired a new stake in shares of Chevron in the 4th quarter valued at approximately $26,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Chevron in the 4th quarter valued at approximately $33,000. Daytona Street Capital LLC acquired a new stake in shares of Chevron in the 4th quarter valued at approximately $44,000. Maseco LLP acquired a new stake in shares of Chevron in the 4th quarter valued at approximately $49,000. Finally, Turning Point Benefit Group Inc. acquired a new stake in shares of Chevron in the 3rd quarter valued at approximately $49,000. 72.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Chevron

In other news, insider R. Hewitt Pate sold 40,200 shares of the firm’s stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $213.30, for a total transaction of $8,574,660.00. Following the completion of the transaction, the insider directly owned 8,638 shares of the company’s stock, valued at $1,842,485.40. This trade represents a 82.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John B. Hess sold 380,000 shares of the firm’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 completion of the transaction, the director directly owned 278,045 shares of the company’s stock, valued at $53,718,294. This represents a 57.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 615,200 shares of company stock valued at $118,022,760 over the last ninety days. Company insiders own 0.56% of the company’s stock.

Chevron Price Performance

NYSE CVX opened at $185.81 on Friday. The business has a 50 day simple moving average of $188.96 and a 200 day simple moving average of $178.00. Chevron Corporation has a 52-week low of $142.40 and a 52-week high of $214.71. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 1.09. The stock has a market cap of $370.05 billion, a price-to-earnings ratio of 32.20, a PEG ratio of 0.63 and a beta of 0.48.

Chevron (NYSE:CVX) last posted its earnings results on Friday, May 1st. The oil and gas company reported $1.41 earnings per share (EPS) 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 business had revenue of $47.56 billion during the quarter, compared to analysts’ expectations of $51.86 billion. During the same period in the prior year, the business earned $2.18 EPS. Chevron’s revenue for the quarter was up 2.1% compared to the same quarter last year. Analysts anticipate that Chevron Corporation will post 15.74 earnings per share for the current fiscal year.

Chevron Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 19th were paid a dividend of $1.78 per share. This represents a $7.12 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Tuesday, May 19th. Chevron’s dividend payout ratio (DPR) is currently 123.40%.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Erste Group Bank raised its FY2026 EPS estimate for Chevron, signaling stronger earnings expectations and potentially better profit outlook for the company. Chevron analyst estimate update
• Positive Sentiment: Erste Group also increased its FY2027 EPS estimate, reinforcing the view that Chevron’s earnings power may remain solid over the next several years. Chevron analyst estimate update
• Positive Sentiment: Analysts highlighted Chevron’s Tengiz expansion, which is expected to lift output capacity and support cash flow, production growth, and shareholder returns through 2030. Tengiz expansion article
• Positive Sentiment: Chevron’s status as a high-yield dividend name and “dividend king” continues to attract income-focused investors, which can provide support during volatile energy markets. Dividend yield article

Wall Street Analyst Weigh In

CVX has been the topic of a number of analyst reports. BNP Paribas Exane upgraded shares of Chevron from a “neutral” rating to an “outperform” rating and set a $174.00 price target on the stock in a research report on Friday, April 17th. Citigroup increased their target price on Chevron from $210.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, April 2nd. Mizuho increased their target price on Chevron from $225.00 to $230.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. Sanford C. Bernstein lowered their target price on Chevron from $216.00 to $204.00 and set a “market perform” rating for the company in a research note on Monday, May 11th. Finally, Morgan Stanley increased their target price on Chevron from $212.00 to $214.00 and gave the stock an “overweight” rating in a research note on Friday, May 22nd. Eighteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $205.70.

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.