Stewardship Concepts Financial Services LLC Buys Shares of 2,686 Chevron Corporation $CVX

Stewardship Concepts Financial Services LLC purchased a new stake in Chevron Corporation (NYSE:CVX) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 2,686 shares of the oil and gas company’s stock, valued at approximately $409,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Barlow Wealth Partners LLC lifted its holdings in Chevron by 1.1% in the fourth quarter. Barlow Wealth Partners LLC now owns 5,363 shares of the oil and gas company’s stock valued at $869,000 after acquiring an additional 60 shares during the last quarter. Vishria Bird Financial Group LLC increased its stake in Chevron by 1.2% during the third quarter. Vishria Bird Financial Group LLC now owns 5,285 shares of the oil and gas company’s stock worth $821,000 after acquiring an additional 65 shares during the last quarter. Nexus Investment Management ULC increased its stake in Chevron by 0.9% during the third quarter. Nexus Investment Management ULC now owns 7,641 shares of the oil and gas company’s stock worth $1,187,000 after acquiring an additional 65 shares during the last quarter. Scott & Selber Inc. raised its position in Chevron by 0.5% in the third quarter. Scott & Selber Inc. now owns 13,391 shares of the oil and gas company’s stock valued at $2,079,000 after purchasing an additional 65 shares during the period. Finally, Affinity Capital Advisors LLC raised its position in Chevron by 2.2% in the fourth quarter. Affinity Capital Advisors LLC now owns 2,956 shares of the oil and gas company’s stock valued at $451,000 after purchasing an additional 65 shares during the period. Institutional investors and hedge funds own 72.42% of the company’s stock.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Oil price surge tied to Iran conflict and Strait of Hormuz concerns lifts revenue outlook for integrated producers like Chevron. Oil Spikes Above $109…
• Positive Sentiment: Citigroup raised its CVX price target to $235 and kept a “buy” rating — an analyst catalyst that can attract buying interest. Benzinga
• Positive Sentiment: Chevron confirmed exclusive talks with Microsoft and Engine No. 1 for a potential $7B, 2,500 MW West Texas gas‑to‑power project to supply AI data centers — ties Chevron’s gas business to long-term cloud/AI demand and higher‑margin power contracts. Chevron Taps AI Power Demand
• Positive Sentiment: Chevron made a final investment decision on the Aseng gas project in Equatorial Guinea, adding medium‑term production growth potential. Aseng FID
• Positive Sentiment: Multiple analyst upgrades and price‑target increases (Morgan Stanley, Mizuho, Zacks coverage and bullish commentary) are improving sentiment and valuation support. Analyst Upgrades
• Neutral Sentiment: Chevron scheduled its 1Q 2026 earnings call for May 1 — a point of potential short‑term volatility when results and guidance are released. Earnings Call Advisory
• Neutral Sentiment: Operational improvements — Chevron is expanding robotics and drone inspections to cut costs and improve safety; positive long‑term but gradual in near‑term impact. Robotics Strategy
• Negative Sentiment: Analysis arguing oil stocks may be “tapped out” despite recent crude strength suggests multiples could be constrained if market rotation resumes, limiting upside. Barron’s — Oil Stocks Tapped Out
• Negative Sentiment: Wheatstone LNG remains offline after cyclone damage, creating near‑term LNG supply and delivery uncertainty that could pressure related earnings. Wheatstone LNG Outage
• Negative Sentiment: Insider R. Hewitt Pate sold 40,200 shares (late March); while common in large firms, large insider sales can be perceived negatively by investors. SEC Form 4 — Insider Sale

Analysts Set New Price Targets

CVX has been the subject of a number of research analyst reports. Bank of America increased their price target on Chevron from $188.00 to $206.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. JPMorgan Chase & Co. upgraded shares of Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price objective on the stock in a report on Tuesday, January 20th. Piper Sandler upped their target price on shares of Chevron from $179.00 to $242.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. Morgan Stanley increased their target price on shares of Chevron from $174.00 to $212.00 and gave the stock an “overweight” rating in a research note on Friday, March 27th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Chevron in a research report on Wednesday, January 21st. Fourteen research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $187.64.

Chevron Trading Down 0.1%

CVX opened at $198.77 on Friday. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $214.71. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.21. The business has a fifty day simple moving average of $189.15 and a 200-day simple moving average of $166.77. The firm has a market cap of $396.63 billion, a P/E ratio of 29.85, a P/E/G ratio of 1.66 and a beta of 0.60.

Chevron (NYSE:CVX) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.08. Chevron had a return on equity of 7.89% and a net margin of 6.51%.The firm had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. During the same quarter in the previous year, the business earned $2.06 EPS. The company’s quarterly revenue was down 10.2% compared to the same quarter last year. On average, equities analysts expect that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders 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 3.6%. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date was Tuesday, February 17th. Chevron’s payout ratio is currently 106.91%.

Insider Buying and Selling at Chevron

In other news, insider R. Hewitt Pate sold 40,200 shares of the stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $213.30, for a total transaction of $8,574,660.00. Following the sale, the insider owned 8,638 shares of the company’s stock, valued at approximately $1,842,485.40. This represents a 82.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Andrew Benjamin Walz sold 11,600 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $188.58, for a total transaction of $2,187,528.00. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 1,139,597 shares of company stock valued at $204,771,128. Corporate insiders own 0.21% of the company’s stock.

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.