Chevron Corporation $CVX Stake Raised by Brookwood Investment Group LLC

Brookwood Investment Group LLC boosted its holdings in Chevron Corporation (NYSE:CVX) by 165.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 19,117 shares of the oil and gas company’s stock after purchasing an additional 11,914 shares during the quarter. Brookwood Investment Group LLC’s holdings in Chevron were worth $2,914,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Decker Retirement Planning Inc. bought a new position in shares of Chevron in the third quarter valued at $34,000. Marquette Asset Management LLC bought a new position in shares of Chevron in the third quarter valued at $41,000. Barnes Dennig Private Wealth Management LLC increased its holdings in shares of Chevron by 306.1% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 268 shares of the oil and gas company’s stock valued at $42,000 after buying an additional 202 shares in the last quarter. Daytona Street Capital LLC bought a new position in shares of Chevron in the fourth quarter valued at $44,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of Chevron in the second quarter valued at $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: Chevron says Q1 upstream earnings should be $1.6–$2.2B higher vs. Q4 2025 as oil & gas prices rose, a near-term earnings tailwind for CVX. Reuters: Chevron forecasts up to $2.2 bln boost to upstream earnings
• Positive Sentiment: Operator Occidental and partners (including Chevron) confirmed an oil discovery at the Bandit prospect in the Gulf of America — a potential long-term production and reserve upside. BusinessWire: Chevron Confirms Oil Discovery at Bandit
• Positive Sentiment: Chevron approved a $690M Aseng gas project to boost LNG supply, strengthening its LNG growth profile and potential cash flow from higher LNG pricing. Zacks: Chevron Approves $690M Aseng Gas Project
• Positive Sentiment: Multiple analysts raised ratings/targets on CVX (Wells Fargo, Tudor Pickering, BMO), providing price-target support and signaling buy-side conviction. Yahoo/BMO: BMO boosts Chevron target
• Neutral Sentiment: Chevron restarted Leviathan gas output after a 33-day halt, restoring volumes that support its Eastern Mediterranean gas business but with limited immediate market surprise. Zacks: Chevron reopens Leviathan gas field
• Negative Sentiment: Markets reacted to a fragile U.S.–Iran ceasefire: initial risk-off trading and oil-price swings have pressured energy stocks intraday, weighing on CVX despite company positives. Yahoo: Equity markets jump, oil sinks after ceasefire
• Negative Sentiment: Energy-sector weakness was noted broadly this afternoon (sector index down), which can amplify short-term selling pressure on CVX even as company fundamentals improve. Yahoo: Sector update — energy stocks decline

Analysts Set New Price Targets

Several research firms have issued reports on CVX. Sanford C. Bernstein boosted their price objective on Chevron from $170.00 to $172.00 and gave the stock a “market perform” rating in a report on Monday, January 5th. Weiss Ratings restated a “hold (c)” rating on shares of Chevron in a report on Wednesday, January 21st. Mizuho boosted their price objective on Chevron from $206.00 to $217.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. Jefferies Financial Group boosted their target price on shares of Chevron from $174.00 to $189.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Finally, Wall Street Zen raised shares of Chevron from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $190.04.

Chevron Price Performance

Shares of CVX opened at $190.55 on Friday. The company has a market capitalization of $379.64 billion, a price-to-earnings ratio of 28.61, a P/E/G ratio of 1.43 and a beta of 0.60. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $214.71. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.15 and a quick ratio of 0.86. The business’s 50-day moving average is $191.27 and its 200-day moving average is $167.75.

Chevron (NYSE:CVX) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The business had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 7.89%. Chevron’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same period in the prior year, the business posted $2.06 earnings per share. Equities research analysts expect that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th were given a $1.78 dividend. This is an increase from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Tuesday, February 17th. Chevron’s dividend payout ratio (DPR) is 106.91%.

Insider Buying and Selling

In other news, CEO Michael K. Wirth sold 272,624 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $189.35, for a total value of $51,621,354.40. Following the sale, the chief executive officer directly owned 31,266 shares of the company’s stock, valued at approximately $5,920,217.10. This trade represents a 89.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Andrew Benjamin Walz sold 11,600 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $188.58, for a total transaction of $2,187,528.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 782,607 shares of company stock valued at $146,510,571 in the last quarter. Insiders own 0.21% of the company’s stock.

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.