Capital International Investors Grows Stock Position in Chevron Corporation $CVX

Key Points

• Capital International Investors slightly boosted its Chevron stake by 0.3% to 2,549,752 shares (about 0.13% of the company) valued at roughly $396 million, and institutional investors now own 72.42% of CVX.
• Large insider selling has occurred recently: CEO Michael K. Wirth sold 320,700 shares (~$52.3M) and CFO Eimear P. Bonner sold 32,100 shares (~$5.62M), with insiders offloading ~1.099M shares (~$196.2M) over the past 90 days.
• Dividend raised to $1.78 quarterly (a 4% increase, ~3.8% yield) and Chevron beat EPS estimates ($1.52 vs. $1.44) despite a 10.2% year‑over‑year revenue decline; the payout ratio is elevated at 106.91%.

Capital International Investors raised its position in Chevron Corporation (NYSE:CVX - Free Report) by 0.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,549,752 shares of the oil and gas company's stock after buying an additional 8,713 shares during the quarter. Capital International Investors owned about 0.13% of Chevron worth $395,952,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Perigon Wealth Management LLC increased its position in shares of Chevron by 19.3% during the third quarter. Perigon Wealth Management LLC now owns 73,448 shares of the oil and gas company's stock valued at $11,406,000 after buying an additional 11,875 shares during the period. Brooklyn FI LLC bought a new position in Chevron in the third quarter worth about $431,000. New York State Teachers Retirement System lifted its holdings in Chevron by 15.3% in the third quarter. New York State Teachers Retirement System now owns 1,620,231 shares of the oil and gas company's stock worth $251,606,000 after buying an additional 215,345 shares during the period. Pictet North America Advisors SA bought a new stake in Chevron during the 3rd quarter valued at approximately $5,662,000. Finally, Finemark National Bank & Trust boosted its position in Chevron by 40.3% during the 3rd quarter. Finemark National Bank & Trust now owns 56,535 shares of the oil and gas company's stock valued at $8,779,000 after acquiring an additional 16,243 shares in the last quarter. Hedge funds and other institutional investors own 72.42% of the company's stock.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron confirmed a quarterly dividend of $1.78 per share (a 4% increase), continuing its multi‑decade dividend-growth record — a steady income driver that supports demand for CVX shares. Chevron Pays $1.78 Dividend Today
• Positive Sentiment: Chevron secured a five‑year gas supply deal with Horizon Power (14 PJ), reinforcing contracted cash flow and regional supply position in Western Australia. Chevron Secures Long-Term Gas Supply Deal
• Neutral Sentiment: Reports that Chevron was in talks to buy a stake in Brazil’s Ipiranga elevated M&A upside, but Ultrapar later issued a clarification about media reports — leaving deal prospects uncertain. Ultrapar Clarifies Media Report
• Neutral Sentiment: Earlier coverage (Reuters) said Ultrapar tapped BTG to explore an Ipiranga stake sale with reported Chevron interest — potential strategic upside if pursued, but not confirmed. Reuters: Ultrapar Taps BTG
• Negative Sentiment: Energy headlines drove intraday swings: Trump’s comment predicting a quick Iran conflict end and a false government social post caused oil to tumble after an earlier spike — that volatility pressured oil majors, including Chevron. Oil Prices Bounce As Iran Blockade Holds
• Negative Sentiment: Large insider selling was disclosed: R. Hewitt Pate sold ~47,200 shares at about $192 — a high-value sale that can undermine sentiment even if not company‑wide. SEC Form 4
• Negative Sentiment: Analyst and market commentary is mixed-to-cautious: pieces warning of a market top or that “smart money” is rethinking Chevron add to selling pressure. Seeking Alpha: Avoid Market Top Yahoo: Why the Smart Money May Be Abandoning
• Negative Sentiment: Operational/regulatory headlines — reports about suspending production at the Leviathan field and Chevron’s public clash with California policy makers — add localized risk narratives that can weigh on sentiment. InsiderMonkey: Leviathan Suspension Benzinga: Chevron Slams Newsom Policy

Insider Buying and Selling

In related news, CFO Eimear P. Bonner sold 32,100 shares of the stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $175.01, for a total transaction of $5,617,821.00. Following the sale, the chief financial officer directly owned 4,366 shares of the company's stock, valued at approximately $764,093.66. This represents a 88.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Michael K. Wirth sold 320,700 shares of the firm's stock in a transaction dated 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 sale, the chief executive officer owned 14,450 shares of the company's stock, valued at approximately $2,355,205.50. This represents a 95.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,099,397 shares of company stock valued at $196,196,468 over the last ninety days. Insiders own 0.20% of the company's stock.

Chevron Price Performance

CVX stock opened at $186.38 on Wednesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 1.15. The firm has a 50 day moving average price of $174.83 and a 200-day moving average price of $161.29. Chevron Corporation has a 52-week low of $132.04 and a 52-week high of $192.41. The firm has a market capitalization of $371.89 billion, a price-to-earnings ratio of 27.98, a PEG ratio of 1.91 and a beta of 0.67.

Chevron (NYSE:CVX - Get Free Report) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.08. The company had revenue of $45.79 billion for 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 firm's quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.06 EPS. Equities research analysts forecast that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th were paid a $1.78 dividend. This is an increase from Chevron's previous quarterly dividend of $1.71. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Tuesday, February 17th. Chevron's payout ratio is currently 106.91%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on CVX shares. Zacks Research raised Chevron from a "strong sell" rating to a "hold" rating in a research report on Tuesday, December 23rd. Barclays lifted their price target on Chevron from $158.00 to $166.00 and gave the company an "equal weight" rating in a research report on Wednesday, January 21st. Jefferies Financial Group upped their price target on Chevron from $174.00 to $189.00 and gave the stock a "buy" rating in a research note on Wednesday, January 14th. TD Cowen increased their price objective on Chevron from $160.00 to $168.00 and gave the stock a "hold" rating in a report on Monday, February 2nd. Finally, BMO Capital Markets reissued an "outperform" rating and set a $190.00 price objective on shares of Chevron in a research report on Monday, February 2nd. Thirteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $178.95.

Chevron Company 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.

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