Woodley Farra Manion Portfolio Management Inc. Has $34.88 Million Stock Holdings in Chevron Corporation $CVX

Woodley Farra Manion Portfolio Management Inc. decreased its position in shares of Chevron Corporation (NYSE:CVX) by 2.1% during the 3rd quarter, Holdings Channel reports. The fund owned 224,592 shares of the oil and gas company’s stock after selling 4,844 shares during the quarter. Chevron accounts for about 1.6% of Woodley Farra Manion Portfolio Management Inc.’s investment portfolio, making the stock its 29th biggest holding. Woodley Farra Manion Portfolio Management Inc.’s holdings in Chevron were worth $34,877,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Vishria Bird Financial Group LLC increased its position in shares of Chevron by 1.2% in the 3rd quarter. Vishria Bird Financial Group LLC now owns 5,285 shares of the oil and gas company’s stock valued at $821,000 after buying an additional 65 shares in the last quarter. Nexus Investment Management ULC increased its holdings in shares of Chevron by 0.9% in 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 in the last quarter. Scott & Selber Inc. raised its position in shares of Chevron by 0.5% during the third quarter. Scott & Selber Inc. now owns 13,391 shares of the oil and gas company’s stock worth $2,079,000 after purchasing an additional 65 shares during the period. White Knight Strategic Wealth Advisors LLC lifted its holdings in shares of Chevron by 3.0% during the 2nd quarter. White Knight Strategic Wealth Advisors LLC now owns 2,230 shares of the oil and gas company’s stock valued at $319,000 after purchasing an additional 65 shares in the last quarter. Finally, William B. Walkup & Associates Inc. grew its position in shares of Chevron by 1.0% in the 3rd quarter. William B. Walkup & Associates Inc. now owns 6,356 shares of the oil and gas company’s stock valued at $987,000 after purchasing an additional 66 shares during the period. Institutional investors own 72.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on CVX shares. Sanford C. Bernstein increased their price objective on shares of Chevron from $170.00 to $172.00 and gave the stock a “market perform” rating in a research report on Monday, January 5th. Barclays increased their target price on Chevron from $158.00 to $166.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 21st. TD Cowen lifted their price target on Chevron from $160.00 to $168.00 and gave the company a “hold” rating in a research note on Monday, February 2nd. Melius Research raised Chevron from a “hold” rating to a “buy” rating and set a $205.00 price objective for the company in a research report on Tuesday. Finally, UBS Group reissued a “buy” rating and issued a $212.00 target price on shares of Chevron in a research report on Monday, February 2nd. Thirteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have issued 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: Analyst upgrades: Recent analyst upgrades lifted buying interest — one note explicitly drove a pop in shares and Melius Research raised its rating. Chevron (NYSE:CVX) Shares Up 1.8% After Analyst Upgrade Chevron (NYSE:CVX) Stock Rating Upgraded by Melius Research
• Positive Sentiment: Momentum/technical breakout: Coverage notes Chevron hit a 52‑week high, which can attract momentum buyers and index flows. Chevron Corp Hits 52-Week High — What’s Driving The Move?
• Positive Sentiment: Dividend & income appeal: Several outlets highlight Chevron as a top dividend stalwart for retirees and income investors, supporting longer‑term demand from yield‑focused funds. Retirees Are Winning Big in 2026: 3 Popular Dividend Stocks Are Soaring
• Positive Sentiment: Market leadership: Coverage points to Chevron among top Dow performers year‑to‑date, reinforcing institutional interest. Caterpillar, Honeywell, and Chevron Lead the Dow Jones in 2026
• Neutral Sentiment: Bullish investment thesis pieces: Analysts and commentators publish buy‑and‑hold theses (e.g., Seeking Alpha) and valuation checks (Yahoo) arguing both long‑term case and the question of whether recent gains leave less upside. Chevron: Buy And Hold Like Berkshire Hathaway Is Chevron (CVX) Still Priced Attractively After Strong Multi Year Share Gains
• Negative Sentiment: Geopolitical/regulatory risk: Turkey publicly opposed Greece’s Chevron‑led exploration off Crete, raising a potential regional political/regulatory overhang that could affect projects or timelines. Turkey says Greece-Chevron activity off Crete unlawful
• Negative Sentiment: Insider selling: A recent report of insider sales briefly pushed the stock lower, a reminder that insider activity can create short‑term selling pressure even amid broader bullish flows. Chevron (NYSE:CVX) Stock Price Down 1.8% After Insider Selling

Chevron Stock Performance

NYSE:CVX traded down $0.33 on Friday, hitting $184.45. The company’s stock had a trading volume of 892,041 shares, compared to its average volume of 12,164,189. Chevron Corporation has a one year low of $132.04 and a one year high of $187.90. The firm has a market capitalization of $371.40 billion, a P/E ratio of 27.61, a price-to-earnings-growth ratio of 12.17 and a beta of 0.70. The stock has a fifty day moving average of $165.18 and a two-hundred day moving average of $158.25. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19.

Chevron (NYSE:CVX) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The company had revenue of $45.79 billion during the quarter, compared to analysts’ expectations of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 8.23%. Chevron’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter last year, the company posted $2.06 EPS. Research analysts predict 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 will be paid on Tuesday, March 10th. Stockholders 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 a boost from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.9%. Chevron’s dividend payout ratio (DPR) is presently 106.91%.

Insider Buying and Selling at Chevron

In other Chevron news, CEO Michael K. Wirth sold 320,700 shares of the stock in a transaction that occurred 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 owned 14,450 shares in the company, valued at $2,355,205.50. This represents a 95.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider R. Hewitt Pate sold 41,134 shares of the company’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $176.40, for a total value of $7,256,037.60. Following the completion of the transaction, the insider directly owned 4,169 shares of the company’s stock, valued at approximately $735,411.60. The trade was a 90.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 531,027 shares of company stock valued at $88,833,430 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.