Dimensional Fund Advisors LP Has $2.35 Billion Stake in Chevron Corporation $CVX

Dimensional Fund Advisors LP raised its stake in shares of Chevron Corporation (NYSE:CVX) by 28.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 15,109,473 shares of the oil and gas company’s stock after acquiring an additional 3,349,193 shares during the quarter. Chevron comprises 0.5% of Dimensional Fund Advisors LP’s portfolio, making the stock its 16th biggest holding. Dimensional Fund Advisors LP’s holdings in Chevron were worth $2,346,456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently made changes to their positions in CVX. Laffer Tengler Investments Inc. raised its position in shares of Chevron by 5.4% in the third quarter. Laffer Tengler Investments Inc. now owns 67,046 shares of the oil and gas company’s stock valued at $10,412,000 after purchasing an additional 3,408 shares during the period. BTS Asset Management Inc. acquired a new position in Chevron in the 3rd quarter valued at $246,000. Insigneo Advisory Services LLC raised its holdings in Chevron by 4.2% in the 3rd quarter. Insigneo Advisory Services LLC now owns 23,490 shares of the oil and gas company’s stock worth $3,648,000 after acquiring an additional 952 shares during the period. Evernest Financial Advisors LLC lifted its position in Chevron by 5.4% during the 3rd quarter. Evernest Financial Advisors LLC now owns 4,973 shares of the oil and gas company’s stock worth $772,000 after acquiring an additional 257 shares during the last quarter. Finally, Planning Alternatives Ltd. ADV lifted its position in Chevron by 26.7% during the 3rd quarter. Planning Alternatives Ltd. ADV now owns 2,852 shares of the oil and gas company’s stock worth $443,000 after acquiring an additional 601 shares during the last quarter. Institutional investors own 72.42% of the company’s stock.

Insider Buying and Selling

In other news, insider R. Hewitt Pate sold 58,000 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $188.65, for a total value of $10,941,700.00. Following the completion of the transaction, the insider directly owned 8,558 shares of the company’s stock, valued at approximately $1,614,466.70. This represents a 87.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CTO Thomas Ryder Booth sold 1,122 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $182.37, for a total value of $204,619.14. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 628,373 shares of company stock worth $107,085,890. Insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CVX. TD Cowen lifted their price objective on Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. Mizuho lifted their price target on Chevron from $204.00 to $206.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Piper Sandler reduced their price objective on Chevron from $178.00 to $174.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. Sanford C. Bernstein raised their price objective on shares of Chevron from $170.00 to $172.00 and gave the stock a “market perform” rating in a research note on Monday, January 5th. Finally, Argus set a $203.00 target price on shares of Chevron in a research note on Tuesday, February 3rd. Thirteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $178.95.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Middle East tensions have pushed crude and natural-gas futures higher, lifting energy stocks and benefiting Chevron’s outlook as an integrated major. This broader oil rally is a positive tailwind for CVX. Energy investors go stock picking, benefiting Chevron over Exxon
• Positive Sentiment: Several brokerages raised price targets and ratings recently (Citigroup to $210, Bank of America to $206; Melius upgraded to Buy), showing analyst conviction around CVX’s cash returns and growth profile. Benzinga coverage of price-target changes
• Positive Sentiment: Longer-term endorsements: Buffett-era moves increased Chevron exposure in the final Berkshire quarter, a signal some value investors view positively. How Berkshire Hathaway Performed During Buffett’s Final Quarter (CVX)
• Neutral Sentiment: Coverage is mixed overall — some broker consensus remains cautious/hold even as a subset upgrades, resulting in divergent analyst views that can limit sustained momentum. Average broker rating: Hold
• Negative Sentiment: Chevron declared force majeure and paused production at the Leviathan gas field amid escalating regional hostilities — a direct operational hit and an example of how geopolitics can interrupt specific assets and near-term cash flow. What Chevron (CVX)’s Leviathan Shutdown Amid Middle East Tensions Means For Shareholders
• Negative Sentiment: Significant insider selling by R. Hewitt Pate (large block sales on Feb. 27 and Mar. 2 totaling ~93,475 shares) was disclosed in SEC filings — a near-term negative signal that may have amplified profit-taking. SEC Form 4 (insider sales)
• Negative Sentiment: Broader geopolitical risk (Iran’s threats, Strait of Hormuz disruptions) raises volatility and operational risk for majors; while higher oil helps margins, it also increases uncertainty about supply disruptions and regulatory/military outcomes. Why Exxon, Chevron Need To Watch Iran’s Vow To ‘Set Fire’ To Ships

Chevron Stock Down 0.5%

CVX opened at $188.56 on Wednesday. The company has a market capitalization of $376.25 billion, a P/E ratio of 28.31, a P/E/G ratio of 12.55 and a beta of 0.67. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.15 and a quick ratio of 0.86. The firm’s fifty day moving average price is $171.08 and its two-hundred day moving average price is $160.10. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $191.56.

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

Chevron Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be issued a dividend of $1.78 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This is a positive change from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 dividend on an annualized basis and a yield of 3.8%. Chevron’s dividend payout ratio (DPR) is presently 106.91%.

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.