RWA Wealth Partners LLC Reduces Position in Chevron Corporation $CVX

RWA Wealth Partners LLC cut its position in Chevron Corporation (NYSE:CVX) by 17.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 87,944 shares of the oil and gas company’s stock after selling 18,579 shares during the period. RWA Wealth Partners LLC’s holdings in Chevron were worth $13,657,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in Chevron by 17.9% during the 3rd quarter. Vanguard Group Inc. now owns 183,790,028 shares of the oil and gas company’s stock valued at $28,540,753,000 after acquiring an additional 27,961,463 shares during the period. Norges Bank purchased a new position in shares of Chevron during the second quarter worth $2,721,477,000. Bank of New York Mellon Corp lifted its position in Chevron by 27.9% during the third quarter. Bank of New York Mellon Corp now owns 19,627,146 shares of the oil and gas company’s stock valued at $3,047,900,000 after purchasing an additional 4,279,918 shares during the period. Laurel Wealth Advisors LLC boosted its holdings in Chevron by 14,194.2% in the second quarter. Laurel Wealth Advisors LLC now owns 3,722,217 shares of the oil and gas company’s stock valued at $532,984,000 after purchasing an additional 3,696,177 shares during the last quarter. Finally, Berkshire Hathaway Inc grew its position in Chevron by 2.9% during the 2nd quarter. Berkshire Hathaway Inc now owns 122,064,792 shares of the oil and gas company’s stock worth $17,478,458,000 after purchasing an additional 3,454,258 shares during the period. Institutional investors and hedge funds own 72.42% of the company’s stock.

Analyst Ratings Changes

CVX has been the topic of a number of recent research reports. UBS Group restated a “buy” rating and issued a $212.00 target price on shares of Chevron in a research note on Monday, February 2nd. Argus set a $203.00 price target on Chevron in a report on Tuesday, February 3rd. Wall Street Zen raised shares of Chevron from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Melius Research raised shares of Chevron from a “hold” rating to a “buy” rating and set a $205.00 target price for the company in a report on Tuesday, February 17th. Finally, Barclays lifted their price objective on shares of Chevron from $158.00 to $166.00 and gave the company an “equal weight” rating in a report on Wednesday, January 21st. Thirteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $176.36.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Iraq says West Qurna 2 output could nearly double to ~800,000 barrels/day if Chevron takes over operations from Lukoil — a potential long‑term production and cash‑flow catalyst for CVX. Iraq’s West Qurna 2 oilfield poised for output surge with Chevron, minister says
• Positive Sentiment: Coverage notes Chevron is reshaping its Middle East portfolio (West Qurna 2 and Jafurah moves), expanding both oil and gas/LNG exposure — strategic diversification that supports long‑term growth expectations. Chevron Reshapes Middle East Portfolio With West Qurna 2 And Jafurah Moves
• Positive Sentiment: Chevron sold a Venezuelan crude cargo to India’s Reliance — the first such sale since 2023 — showing trading flexibility and reopened commercial routes that can help downstream margins and cash generation. Chevron sells Venezuelan oil to India’s Reliance for the first time since 2023, ship data and sources say
• Positive Sentiment: High‑profile bullish commentary (e.g., Jim Cramer) and positive analyst notes have reinforced investor sentiment around CVX’s yield and capital allocation. Chevron (CVX)’s the Only Company I Would Buy Here, Says Jim Cramer
• Neutral Sentiment: Analysis pieces highlight Chevron negotiating for a stake in a massive Iraqi oilfield — a high‑reward but higher‑risk move; investors should weigh upside against execution/geopolitical risk. Chevron Is Negotiating for a Stake in a Massive Oilfield in Iraq. 2 Key Takeaways for Investors.
• Neutral Sentiment: Coverage on partnerships and peer comparisons (Hess, Shell) offers mixed views on valuation, production growth and capital allocation — useful context but not immediate drivers. Chevron: Forming A Strong Partner With Hess
• Negative Sentiment: Deal and execution risks remain: talks are not final, approvals and capex needs are significant, and geopolitical/legal issues around operator changes (Lukoil exit) could delay or limit upside. (No single article confirms a closed transaction.)

Insider Buying and Selling at Chevron

In related news, insider R. Hewitt Pate sold 41,134 shares of the firm’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $176.40, for a total transaction of $7,256,037.60. Following the completion of the transaction, the insider directly owned 4,169 shares in the company, valued at $735,411.60. This trade represents a 90.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Andrew Benjamin Walz sold 1,463 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $183.83, for a total transaction of $268,943.29. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 534,898 shares of company stock valued at $89,543,711. 0.20% of the stock is currently owned by company insiders.

Chevron Stock Performance

NYSE:CVX opened at $185.43 on Wednesday. The company has a fifty day moving average of $167.33 and a two-hundred day moving average of $159.00. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $187.90. The stock has a market capitalization of $373.36 billion, a PE ratio of 27.84, a P/E/G ratio of 12.24 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 (NYSE:CVX) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.08. Chevron had a net margin of 6.51% and a return on equity of 8.23%. The company had revenue of $45.79 billion for the quarter, compared to analyst estimates of $48.18 billion. During the same period in the previous year, the business posted $2.06 EPS. Chevron’s revenue was down 10.2% on a year-over-year basis. As a group, research analysts forecast that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

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

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.