Kozak & Associates Inc. Has $723,000 Stock Position in Chevron Corporation $CVX

Kozak & Associates Inc. lowered its position in shares of Chevron Corporation (NYSE:CVX) by 52.3% in the fourth quarter, HoldingsChannel reports. The fund owned 4,461 shares of the oil and gas company’s stock after selling 4,891 shares during the period. Kozak & Associates Inc.’s holdings in Chevron were worth $723,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in CVX. Castleview Partners LLC boosted its holdings in Chevron by 46.6% in the fourth quarter. Castleview Partners LLC now owns 4,092 shares of the oil and gas company’s stock valued at $624,000 after acquiring an additional 1,300 shares during the last quarter. Traynor Capital Management Inc. raised its holdings in Chevron by 4.0% during the 4th quarter. Traynor Capital Management Inc. now owns 25,359 shares of the oil and gas company’s stock worth $3,865,000 after purchasing an additional 975 shares during the last quarter. Hickory Point Bank & Trust raised its holdings in Chevron by 2.6% during the 4th quarter. Hickory Point Bank & Trust now owns 8,876 shares of the oil and gas company’s stock worth $1,353,000 after purchasing an additional 227 shares during the last quarter. CCM Investment Advisers LLC lifted its position in Chevron by 0.9% during the 4th quarter. CCM Investment Advisers LLC now owns 73,982 shares of the oil and gas company’s stock valued at $11,276,000 after purchasing an additional 688 shares during the period. Finally, Central Valley Advisors LLC boosted its stake in shares of Chevron by 5.4% in the 4th quarter. Central Valley Advisors LLC now owns 17,343 shares of the oil and gas company’s stock valued at $2,643,000 after purchasing an additional 882 shares during the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analyst bullishness — Bernstein raised its price target on Chevron citing a stronger crude backdrop, supporting higher upside expectations for CVX. Chevron (CVX) price target raised by Bernstein on stronger crude backdrop
• Positive Sentiment: Commodity tailwinds — Multiple outlets note oil has spiked (near $100/bbl), which benefits Chevron given its low breakeven cost structure and strong cash flow generation. This supports dividend safety and capital returns. Oil Just Hit $100 a Barrel. Here’s the 1 Energy Stock Built to Win Whether Prices Stay High or Crash.
• Positive Sentiment: Analyst estimates lifted — Erste Group raised FY2027 EPS estimates for Chevron, reinforcing expectations for stronger earnings if elevated oil prices persist. Erste Group raises FY2027 EPS estimate for Chevron
• Neutral Sentiment: Strategic moves — Chevron’s crude offtake deal with Sable Offshore increases West Coast supply exposure; useful for refining feed but introduces localized logistics and environmental considerations. Chevron’s Sable Offshore Deal Adds West Coast Supply And Risk Considerations
• Neutral Sentiment: Corporate governance update — Board bylaws were updated post‑Hess acquisition; routine but worth watching for any governance changes that could affect investor rights. Chevron Updates Board Bylaws Following Hess Acquisition
• Negative Sentiment: Operational hit — Chevron reported production outages at its Gorgon and Wheatstone gas facilities in Australia due to Tropical Cyclone Narelle; this could trim near‑term volumes and revenues until production is restored. Chevron reports outage at Australian gas facilities due to cyclone
• Negative Sentiment: Regulatory risk — A proposed “Big Oil Windfall Profits Tax” (S.4111) would target large producers (including CVX) and could materially raise tax burdens if enacted, adding policy risk to the upside in commodity prices. New Bill: Senator Sheldon Whitehouse introduces S. 4111: Big Oil Windfall Profits Tax Act
• Negative Sentiment: Regional supply concerns — Chevron warns of a potential California fuel crisis as imports slow and refining constraints persist; such supply stresses can spur political scrutiny and local price volatility. Chevron Raises Alarm Over California Energy Crisis as Imports Slow

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CVX. Wells Fargo & Company lifted their price target on shares of Chevron from $196.00 to $204.00 and gave the stock an “overweight” rating in a research report on Monday, February 2nd. Mizuho increased their price objective on shares of Chevron from $206.00 to $217.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Melius Research raised shares of Chevron from a “hold” rating to a “buy” rating and set a $205.00 price objective on the stock in a research note on Tuesday, February 17th. Jefferies Financial Group lifted their target price on shares of Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Finally, Zacks Research upgraded shares of Chevron from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Fourteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $184.77.

Chevron Stock Performance

CVX stock opened at $207.81 on Friday. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $209.79. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The firm has a market cap of $414.67 billion, a PE ratio of 31.20, a P/E/G ratio of 1.90 and a beta of 0.67. The business’s 50-day moving average price is $184.62 and its two-hundred day moving average price is $164.74.

Chevron (NYSE:CVX) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.08. The company 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 company’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 company earned $2.06 earnings per share. As a group, research analysts forecast that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were paid a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Tuesday, February 17th. This is a positive change from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio (DPR) is currently 106.91%.

Insider Buying and Selling at Chevron

In other news, CEO Michael K. Wirth sold 272,624 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $189.35, for a total value of $51,621,354.40. Following the completion of the transaction, the chief executive officer owned 31,266 shares in the company, valued at $5,920,217.10. This represents a 89.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Alana K. Knowles sold 2,408 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $183.28, for a total transaction of $441,338.24. The SEC filing for this sale provides additional information. Insiders sold 1,099,397 shares of company stock worth $196,196,468 in the last quarter. Company 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.