Retirement Planning Group LLC Grows Stake in Chevron Corporation $CVX

Retirement Planning Group LLC raised its stake in shares of Chevron Corporation (NYSE:CVX) by 53.3% during the first quarter, HoldingsChannel reports. The firm owned 9,102 shares of the oil and gas company’s stock after buying an additional 3,165 shares during the quarter. Retirement Planning Group LLC’s holdings in Chevron were worth $1,883,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Dakota Wealth Management boosted its holdings in Chevron by 14.9% during the 4th quarter. Dakota Wealth Management now owns 83,265 shares of the oil and gas company’s stock valued at $12,690,000 after acquiring an additional 10,822 shares during the period. Clear Trail Advisors LLC purchased a new stake in Chevron in the fourth quarter worth $10,167,000. Curtis Advisory Group LLC purchased a new stake in shares of Chevron during the fourth quarter valued at $1,381,000. Indivisible Partners bought a new position in shares of Chevron in the fourth quarter worth about $1,923,000. Finally, Cypress Wealth Services LLC grew its holdings in shares of Chevron by 64.0% in the fourth quarter. Cypress Wealth Services LLC now owns 16,591 shares of the oil and gas company’s stock worth $2,529,000 after purchasing an additional 6,475 shares during the last quarter. 72.42% of the stock is owned by institutional investors.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron was highlighted by analysts as one of several Dividend Aristocrats with a “Strong Buy” rating, reinforcing its appeal as a defensive income stock. Article Title
• Positive Sentiment: Chevron extended its Western Australia gas supply agreement with Alinta Energy through 2032, supporting steady cash flow and strengthening its LNG and gas market position. Article Title
• Positive Sentiment: Multiple reports said Chevron could be headed for a free-cash-flow surge in the second half of 2026, which would support buybacks, dividends, and valuation upside. Article Title
• Positive Sentiment: Chevron’s AI-related power initiative is drawing investor interest after the company moved into gas-to-power for data centers, creating a new growth angle beyond traditional oil production. Article Title
• Neutral Sentiment: Chevron is being watched closely by investors and news outlets, but these mentions mainly reflect ongoing market interest rather than a new fundamental catalyst. Article Title
• Negative Sentiment: Oil prices eased after the U.S. backed away from a proposed 20% Hormuz cargo fee, reducing the near-term geopolitical premium that had supported energy stocks. Article Title
• Negative Sentiment: Broader crude strength has been uneven, and any pullback in oil prices can weigh on Chevron’s shares even when company-specific news is constructive. Article Title

Chevron Stock Performance

CVX stock opened at $181.73 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.84. The business has a 50-day moving average price of $181.47 and a 200 day moving average price of $181.95. The company has a market capitalization of $361.94 billion, a P/E ratio of 31.50, a PEG ratio of 0.62 and a beta of 0.50. Chevron Corporation has a 1-year low of $146.49 and a 1-year high of $214.71.

Chevron (NYSE:CVX) last released its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.41. Chevron had a net margin of 5.79% and a return on equity of 6.90%. The company had revenue of $47.56 billion during the quarter, compared to analyst estimates of $51.86 billion. During the same period in the prior year, the firm earned $2.18 earnings per share. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, equities research analysts forecast that Chevron Corporation will post 15.28 EPS for the current fiscal year.

Chevron Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 19th were issued a $1.78 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $7.12 annualized dividend and a dividend yield of 3.9%. Chevron’s payout ratio is currently 123.40%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CVX shares. BNP Paribas Exane upgraded shares of Chevron from a “neutral” rating to an “outperform” rating and set a $174.00 price objective for the company in a report on Friday, April 17th. Sanford C. Bernstein dropped their target price on shares of Chevron from $216.00 to $204.00 and set a “market perform” rating on the stock in a research note on Monday, May 11th. Morgan Stanley reduced their target price on shares of Chevron from $214.00 to $210.00 and set an “overweight” rating on the stock in a research report on Monday, June 29th. Zacks Research downgraded shares of Chevron from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 8th. Finally, Barclays lifted their price target on shares of Chevron from $192.00 to $213.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Nineteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $206.83.

Insider Buying and Selling at Chevron

In other news, Director John B. Hess sold 380,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $193.20, for a total value of $73,416,000.00. Following the completion of the sale, the director owned 278,045 shares of the company’s stock, valued at approximately $53,718,294. This represents a 57.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.56% 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.