Chevron Corporation $CVX Shares Acquired by James Hambro & Partners LLP

Key Points

• James Hambro & Partners LLP boosted its stake in Chevron by 416.7% in Q4, buying 20,000 shares to hold 24,800 shares valued at about $3.78 million (≈0.1% of its portfolio, its 27th largest holding).
• CEO Michael K. Wirth sold 272,624 shares on March 2 for roughly $51.6 million (≈$189.35/share), cutting his Chevron ownership by 89.71% to 31,266 shares.
• Chevron raised its quarterly dividend to $1.78 (annualized $7.12, yield ~3.4%), although the payout ratio is high at about 106.9%, which may raise sustainability concerns.

James Hambro & Partners LLP boosted its position in Chevron Corporation (NYSE:CVX - Free Report) by 416.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,800 shares of the oil and gas company's stock after buying an additional 20,000 shares during the quarter. Chevron makes up about 0.1% of James Hambro & Partners LLP's investment portfolio, making the stock its 27th biggest holding. James Hambro & Partners LLP's holdings in Chevron were worth $3,779,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of CVX. Barlow Wealth Partners LLC increased its holdings in shares of Chevron by 1.1% in the 4th 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 lifted 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 purchasing an additional 65 shares during the last quarter. Nexus Investment Management ULC boosted its holdings in 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 purchasing an additional 65 shares during the period. Scott & Selber Inc. boosted its holdings 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 worth $2,079,000 after purchasing an additional 65 shares during the period. Finally, Affinity Capital Advisors LLC increased its stake in Chevron by 2.2% during 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 last quarter. Institutional investors own 72.42% of the company's stock.

Insider Buying and Selling

In other news, CEO Michael K. Wirth sold 272,624 shares of Chevron stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $189.35, for a total transaction of $51,621,354.40. Following the sale, the chief executive officer owned 31,266 shares of the company's stock, valued at approximately $5,920,217.10. The trade was a 89.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Alana K. Knowles sold 2,408 shares of the business's stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $183.28, for a total value of $441,338.24. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,099,397 shares of company stock valued at $196,196,468 in the last ninety days. Insiders own 0.20% of the company's stock.

Wall Street Analysts Forecast Growth

CVX has been the topic of a number of research reports. Argus set a $203.00 target price on shares of Chevron in a report on Tuesday, February 3rd. Zacks Research raised shares of Chevron from a "strong sell" rating to a "hold" rating in a report on Tuesday, December 23rd. Jefferies Financial Group boosted their price objective on shares of Chevron from $174.00 to $189.00 and gave the company a "buy" rating in a research report on Wednesday, January 14th. JPMorgan Chase & Co. raised shares of Chevron from a "neutral" rating to an "overweight" rating and set a $176.00 target price on the stock in a report on Tuesday, January 20th. Finally, TD Cowen lifted their target price on Chevron from $160.00 to $168.00 and gave the company a "hold" rating in a research note on Monday, February 2nd. Fourteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, Chevron has an average rating of "Hold" and a consensus target price of $186.50.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analysts raised targets and upgraded the stock, supporting upside expectations and helping sentiment. Chevron NYSE: CVX Price Target Raised to $212.00
• Positive Sentiment: A cluster of California offshore platforms has restarted sales, sending crude to Chevron’s Los Angeles-area refinery — a near-term supply win for refining margins and throughput. Sable Restarts California Oil Sales, Sends Crude to Chevron
• Positive Sentiment: Multiple articles highlight upward earnings-estimate revisions and momentum characteristics for CVX, which can attract momentum-focused flows and support the stock if revisions continue. What Makes Chevron (CVX) a Strong Momentum Stock: Buy Now?
• Neutral Sentiment: Coverage summarizing Wall Street analyst views concludes many see CVX as a solid investment — useful for conviction but not an immediate catalyst absent rating moves or new guidance. Wall Street Analysts Think Chevron (CVX) Is a Good Investment: Is It?
• Neutral Sentiment: Valuation comparisons (e.g., Sasol vs. Chevron) provide context for value investors but don’t create immediate price pressure. SSL vs. CVX: Which Stock Is the Better Value Option?
• Neutral Sentiment: Broader energy-sector strength is a tailwind for majors like Chevron, but sector moves can be offset by company-specific news. Sector Update: Energy Stocks Rise Pre-Bell Monday
• Negative Sentiment: Storm damage at Chevron’s Wheatstone LNG plant in Australia will keep the facility offline for “a number of weeks,” tightening global LNG supply and raising near-term revenue/contract risk for CVX. Chevron says repairs to Wheatstone gas facility to take weeks
• Negative Sentiment: Cyclone-related outages across Australian LNG assets plus talk of a windfall-profits tax add regulatory and fiscal uncertainty that could curb margins or force higher charges on LNG proceeds. Cyclone Outages And Tax Threat Test Chevron’s Australian LNG Story
• Negative Sentiment: Geopolitical uncertainty tied to Iran prompted a public warning from Chevron’s CEO; such uncertainty can increase market volatility and cloud forward oil/demand assumptions. Chevron CEO sounds alarm as Trump puts a 10-day clock on Iran

Chevron Stock Performance

CVX stock opened at $210.67 on Tuesday. Chevron Corporation has a 1 year low of $132.04 and a 1 year high of $214.71. The stock has a market capitalization of $420.37 billion, a price-to-earnings ratio of 31.63, a PEG ratio of 1.76 and a beta of 0.67. 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 stock's fifty day moving average is $186.41 and its two-hundred day moving average is $165.63.

Chevron (NYSE:CVX - Get Free Report) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.44 by $0.08. Chevron had a net margin of 6.51% and a return on equity of 7.89%. The business had revenue of $45.79 billion during the quarter, compared to analyst estimates of $48.18 billion. During the same quarter in the prior year, the firm earned $2.06 earnings per share. The company's quarterly revenue was down 10.2% on a year-over-year basis. On average, research analysts predict that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were given a $1.78 dividend. This is a positive change from Chevron's previous quarterly dividend of $1.71. The ex-dividend date was Tuesday, February 17th. This represents a $7.12 annualized dividend and a yield of 3.4%. Chevron's payout ratio is currently 106.91%.

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.

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