Chevron Corporation $CVX Shares Acquired by Mitchell Capital Management Co.

Mitchell Capital Management Co. increased its position in shares of Chevron Corporation (NYSE:CVX) by 231.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 4,979 shares of the oil and gas company’s stock after purchasing an additional 3,479 shares during the period. Mitchell Capital Management Co.’s holdings in Chevron were worth $773,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in CVX. Quaker Wealth Management LLC boosted 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 valued at $31,000 after buying an additional 439 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in Chevron in the third quarter worth $34,000. Vermillion & White Wealth Management Group LLC lifted its holdings in 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 valued at $37,000 after acquiring an additional 118 shares during the period. Marquette Asset Management LLC purchased a new stake in shares of Chevron during the 3rd quarter worth $41,000. Finally, IMG Wealth Management Inc. boosted its position in shares of Chevron by 52.3% during the 2nd quarter. IMG Wealth Management Inc. now owns 265 shares of the oil and gas company’s stock worth $38,000 after purchasing an additional 91 shares in the last quarter. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Analysts Set New Price Targets

CVX has been the subject of several recent analyst reports. HSBC cut shares of Chevron from a “buy” rating to a “hold” rating and set a $180.00 price objective for the company. in a research note on Monday, February 2nd. TD Cowen boosted their price target on Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. Bank of America dropped their price objective on Chevron from $183.00 to $180.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. Piper Sandler reduced their price objective on Chevron from $178.00 to $174.00 and set an “overweight” rating for the company in a report on Thursday, January 8th. Finally, Jefferies Financial Group upped their target price on Chevron from $174.00 to $189.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Twelve investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $175.00.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron won rights to a prized Sirte Basin block in Libya — its first entry there in years, opening access to large reserves and near-term production optionality. Chevron to enter Libya after winning bid for prized Sirte Basin block
• Positive Sentiment: Market reaction to the Libya award pushed the stock to fresh highs as investors price in reserve growth and longer-term production upside. Chevron Stock Smashes 52-Week High After Big Libya Oil Win
• Positive Sentiment: Chevron raised its quarterly dividend ~4.09% (to $1.78), supporting income-focused demand and signaling free-cash-flow confidence. Chevron Dividend Increase By 4.09%
• Positive Sentiment: Macro/sector tailwinds: investors are rotating into energy as a defensive/high-yield play, which benefits large integrated producers like Chevron. Energy Stocks Are Winning 2026. Why They Could Keep Going.
• Positive Sentiment: Analyst/commentary pieces highlight Chevron’s potential to be a top performer in 2026 based on cost discipline and projected free-cash-flow growth at current oil prices. This Stock Could Be a Top Performer in Its Sector By the End of 2026
• Neutral Sentiment: Corporate moves: leadership shifts and new deals are being cited as factors that could reshape valuation/momentum — watch management commentary for clarity on strategy. Chevron Leadership Shifts And New Deals Shape Valuation And Growth Outlook
• Neutral Sentiment: Comparisons with peers (e.g., Enterprise Products Partners, ConocoPhillips) highlight trade-offs between commodity exposure and steadier cash flows — useful for relative-value decisions. Enterprise Products Partners vs. Chevron
• Negative Sentiment: Reminder of near-term fundamentals: Chevron’s 2025 earnings fell significantly year-over-year, and the stock is trading near highs — raising valuation/mean-reversion risk if oil prices or execution weaken. I Said I’d Buy Chevron Over ConocoPhillips in 2026

Insider Activity at Chevron

In other Chevron news, CFO Eimear P. Bonner sold 32,100 shares of Chevron stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $175.01, for a total value of $5,617,821.00. Following the completion of the sale, the chief financial officer directly owned 4,366 shares of the company’s stock, valued at approximately $764,093.66. The trade was a 88.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Thomas Ryder Booth sold 6,000 shares of the business’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $178.43, for a total value of $1,070,580.00. Following the completion of the transaction, the chief technology officer owned 476 shares of the company’s stock, valued at $84,932.68. This trade represents a 92.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 793,158 shares of company stock worth $127,919,578 over the last three months. Company insiders own 0.21% of the company’s stock.

Chevron Price Performance

CVX stock opened at $185.83 on Thursday. The stock’s 50 day moving average price is $161.23 and its 200 day moving average price is $157.06. The firm has a market cap of $374.16 billion, a P/E ratio of 27.90, a PEG ratio of 12.25 and a beta of 0.70. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 1.15. Chevron Corporation has a 1 year low of $132.04 and a 1 year high of $186.52.

Chevron (NYSE:CVX) last released 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 company had revenue of $45.79 billion during the quarter, compared to analysts’ expectations of $48.18 billion. Chevron had a return on equity of 8.23% and a net margin of 6.51%.The business’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.06 earnings per share. On average, sell-side analysts expect that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be paid a dividend of $1.78 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $7.12 annualized dividend and a dividend yield of 3.8%. This is an increase from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio is 106.91%.

Chevron Company 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.