Miller Global Investments LLC Makes New $798,000 Investment in Chevron Corporation $CVX

Miller Global Investments LLC purchased a new stake in Chevron Corporation (NYSE:CVX) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 5,239 shares of the oil and gas company’s stock, valued at approximately $798,000.

Other large investors also recently made changes to their positions in the company. Legacy Wealth Management LLC MS lifted its position in Chevron by 23.1% in the 4th quarter. Legacy Wealth Management LLC MS now owns 4,980 shares of the oil and gas company’s stock valued at $759,000 after acquiring an additional 934 shares in the last quarter. Grant Private Wealth Management Inc increased its holdings in Chevron by 13.8% during the 4th quarter. Grant Private Wealth Management Inc now owns 2,882 shares of the oil and gas company’s stock worth $439,000 after purchasing an additional 349 shares in the last quarter. Union Bancaire Privee UBP SA raised its stake in shares of Chevron by 1.8% in the 4th quarter. Union Bancaire Privee UBP SA now owns 238,487 shares of the oil and gas company’s stock valued at $35,851,000 after purchasing an additional 4,205 shares during the period. Trust Co of the South raised its stake in shares of Chevron by 11.5% in the 4th quarter. Trust Co of the South now owns 3,075 shares of the oil and gas company’s stock valued at $469,000 after purchasing an additional 316 shares during the period. Finally, Foguth Wealth Management LLC. bought a new stake in shares of Chevron in the fourth quarter valued at about $542,000. Institutional investors own 72.42% of the company’s stock.

Insider Activity

In related news, CEO Michael K. Wirth sold 320,700 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $162.99, for a total transaction of $52,270,893.00. Following the transaction, the chief executive officer directly owned 14,450 shares in the company, valued at approximately $2,355,205.50. The trade was a 95.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Vice Chairman Mark A. Nelson sold 139,600 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $187.92, for a total transaction of $26,233,632.00. Following the sale, the insider directly owned 11,337 shares in the company, valued at $2,130,449.04. This trade represents a 92.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,099,397 shares of company stock valued at $196,196,468 over the last three months. Corporate insiders own 0.21% of the company’s stock.

Chevron Stock Performance

CVX opened at $201.35 on Friday. The business’s 50-day simple moving average is $180.53 and its 200 day simple moving average is $163.12. Chevron Corporation has a 52-week low of $132.04 and a 52-week high of $202.44. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 1.15. The firm has a market capitalization of $401.77 billion, a PE ratio of 30.23, a PEG ratio of 1.84 and a beta of 0.67.

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, beating analysts’ consensus estimates of $1.44 by $0.08. The firm had revenue of $45.79 billion during the quarter, compared to the consensus estimate of $48.18 billion. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The business’s revenue was down 10.2% compared to the same quarter last year. During the same period last year, the company earned $2.06 earnings per share. As a group, sell-side analysts expect that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th were issued a $1.78 dividend. This represents a $7.12 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Tuesday, February 17th. This is a boost from Chevron’s previous quarterly dividend of $1.71. Chevron’s payout ratio is currently 106.91%.

Analysts Set New Price Targets

A number of research firms recently issued reports on CVX. Argus set a $203.00 price objective on Chevron in a report on Tuesday, February 3rd. Scotiabank reaffirmed a “sector perform” rating and set a $168.00 price target on shares of Chevron in a research report on Friday, January 16th. Morgan Stanley decreased their price target on shares of Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Bank of America lifted their price objective on shares of Chevron from $188.00 to $206.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, HSBC lowered shares of Chevron from a “buy” rating to a “hold” rating and set a $180.00 price objective on the stock. in a research report on Monday, February 2nd. Thirteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $183.18.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron outperformed the wider market today as demand for energy and stronger crude prices lifted integrated oil majors; Zacks highlights CVX’s intraday gain and renewed investor interest. Why the Market Dipped But Chevron (CVX) Gained Today
• Positive Sentiment: Chevron is benefiting from a broader energy rally that’s boosted major holdings in portfolios like Berkshire Hathaway’s; CVX’s YTD performance and sector momentum are drawing institutional attention and helping push the share price up. Berkshire’s Energy Stocks Are Rallying. But an ETF Would’ve Done Better.
• Positive Sentiment: Broker coverage is supportive: recent forecasts from banks (Mizuho, Barclays) project strong price appreciation for CVX, reinforcing buy-side conviction and likely contributing to inflows. Mizuho Forecasts Strong Price Appreciation for Chevron (NYSE:CVX) Stock
• Neutral Sentiment: Chevron Technology Ventures joined a $35M funding round for KEWAZO, a heavy-industry robotics firm — a strategic, small-scale investment that supports operational efficiency but is unlikely to move near-term earnings. Chevron Technology Ventures, Asahi Kasei Invest in Heavy-Industry Robotics Company KEWAZO
• Neutral Sentiment: Retail-focused pieces show strong YTD returns for CVX (e.g., “$1,000 invested since Jan 1” write-ups), which can amplify momentum trading but are descriptive rather than fundamental drivers. If you invested $1,000 in Chevron stock at the start of 2026, here’s your return now
• Negative Sentiment: Operational/legal and geopolitical risks remain: Chevron disclosed a settlement over invalid renewable fuel credits and has warned of supply risks tied to Middle East disruptions — items that could pressure costs or create volatility if escalations occur. Is Chevron (CVX) Balancing Dividend Strength With Rising Geopolitical Risk In Its Energy Strategy?

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.