3,098 Chevron Corporation $CVX Shares Sold by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC lessened its stake in shares of Chevron Corporation (NYSE:CVX) by 50.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,014 shares of the oil and gas company’s stock after selling 3,098 shares during the period. Tempus Wealth Planning LLC’s holdings in Chevron were worth $616,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp lifted its position in shares of Chevron by 3.9% during the 2nd quarter. State Street Corp now owns 159,136,768 shares of the oil and gas company’s stock valued at $28,016,651,000 after acquiring an additional 5,998,852 shares during the period. BlackRock Inc. acquired a new stake in shares of Chevron during the 2nd quarter worth $25,663,729,000. Berkshire Hathaway Inc increased its position in shares of Chevron by 6.6% in the fourth quarter. Berkshire Hathaway Inc now owns 130,156,362 shares of the oil and gas company’s stock worth $19,837,131,000 after purchasing an additional 8,091,570 shares during the period. Bank of America Corp DE increased its position in shares of Chevron by 5.1% in the first quarter. Bank of America Corp DE now owns 27,630,227 shares of the oil and gas company’s stock worth $5,716,694,000 after purchasing an additional 1,334,976 shares during the period. Finally, Invesco Ltd. increased its position in shares of Chevron by 1.5% in the fourth quarter. Invesco Ltd. now owns 17,119,575 shares of the oil and gas company’s stock worth $2,609,194,000 after purchasing an additional 254,323 shares during the period. Institutional investors own 72.42% of the company’s stock.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron’s recovery of U.S. Gulf of Mexico production after Hurricane Isaias, with no reported damage to its facilities, reduces the risk of a prolonged operational disruption. Chevron & Shell Lead U.S. Gulf Oil Production Recovery After Hurricane
• Positive Sentiment: Analysts at Erste Group raised their fiscal 2026 EPS forecast for Chevron to $16.90 from $16.09 and lifted the fiscal 2027 estimate to $13.78 from $13.52, reinforcing the view that earnings momentum remains favorable. Chevron analyst earnings estimates
• Positive Sentiment: Chevron is among the energy companies positioned to benefit from Venezuela’s oil revival and potential efforts to offset supply disruptions near the Strait of Hormuz. The opportunity could expand production and long-term cash flow, although execution and geopolitical risks remain. Venezuela’s Oil Revival Is Gaining Momentum
• Positive Sentiment: Chevron’s integrated model—combining upstream production with refining and other businesses—continues to support dividend resilience when crude prices weaken. Its Beetaloo Basin expertise also helped deliver Australia’s first commercial gas, adding potential exposure to LNG demand. Oil Giants and Dividend Resilience
• Neutral Sentiment: Coverage of Chevron’s AI investment process indicates that management is evaluating AI projects based on measurable returns and competition for capital. The initiative may improve efficiency, but no immediate financial impact was identified. How CFOs Decide Which AI Bets Create Value
• Negative Sentiment: Chevron reportedly agreed to take a one-time loss of approximately $3 billion to $4 billion, which could weigh on near-term results despite stronger underlying earnings. Chevron Is Cleaning House Before the Earnings Peak Fades
• Negative Sentiment: Some valuation analysis views CVX as overvalued after its rally, while longer-term comparisons show the stock has underperformed the broader market over the past decade. These concerns could limit further upside. Is Chevron Overvalued After Its Rally?

Insiders Place Their Bets

In related news, insider Andrew Walz sold 16,800 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $201.06, for a total value of $3,377,808.00. Following the sale, the insider directly owned 14 shares of the company’s stock, valued at $2,814.84. This trade represents a 99.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director John Hess sold 100,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $194.26, for a total value of $19,426,000.00. Following the completion of the sale, the director directly owned 178,045 shares in the company, valued at $34,587,021.70. This trade represents a 35.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,152,582 shares of company stock valued at $225,853,661 in the last quarter. Corporate insiders own 0.56% of the company’s stock.

Chevron Stock Up 2.0%

NYSE CVX opened at $222.05 on Thursday. The business has a fifty day moving average price of $206.20 and a two-hundred day moving average price of $193.23. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.25 and a quick ratio of 0.98. Chevron Corporation has a fifty-two week low of $146.49 and a fifty-two week high of $222.55. The stock has a market capitalization of $438.71 billion, a PE ratio of 21.29, a PEG ratio of 0.60 and a beta of 0.53.

Chevron (NYSE:CVX) last issued its earnings results on Friday, July 31st. The oil and gas company reported $6.06 earnings per share for the quarter, beating analysts’ consensus estimates of $5.55 by $0.51. Chevron had a return on equity of 11.09% and a net margin of 9.57%. The firm had revenue of $67.20 billion for the quarter, compared to the consensus estimate of $62.72 billion. During the same quarter last year, the business posted $1.77 EPS. The company’s revenue was up 57.4% compared to the same quarter last year. Equities analysts expect that Chevron Corporation will post 17.59 earnings per share for the current fiscal year.

Chevron Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, August 19th were given a dividend of $1.78 per share. This represents a $7.12 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Wednesday, August 19th. Chevron’s dividend payout ratio is currently 68.26%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on CVX shares. BMO Capital Markets boosted their price target on Chevron from $210.00 to $235.00 and gave the company an “outperform” rating in a research note on Thursday, September 3rd. Sanford C. Bernstein upped their price objective on shares of Chevron from $204.00 to $209.00 and gave the stock a “market perform” rating in a research report on Monday, August 3rd. Royal Bank Of Canada increased their price objective on shares of Chevron from $220.00 to $230.00 and gave the stock an “outperform” rating in a research note on Thursday, September 24th. Bank of America raised their target price on shares of Chevron from $210.00 to $227.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Finally, Dbs Bank raised shares of Chevron to a “moderate buy” rating in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $213.08.

Chevron Company Profile

Chevron Corporation (NYSE:CVX) is an integrated energy company engaged in the exploration, development, production, transportation and sale of crude oil and natural gas. Its upstream operations include oil and gas exploration and production, while its downstream business includes refining crude oil, marketing fuels and manufacturing and distributing lubricants, petrochemicals and fuel additives.

The company also invests in lower-carbon businesses and technologies, including renewable fuels, carbon capture and storage, hydrogen and other opportunities intended to reduce emissions from its operations and energy products.