Chevron Corporation $CVX Shares Sold by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners LLC cut its Chevron position by 90.2% in the third quarter, selling 101,334 shares and retaining 11,003 shares valued at approximately $2.3 million.
• Chevron reported stronger-than-expected quarterly results, with EPS of $6.06 and revenue of $67.2 billion, while paying a quarterly dividend of $1.78 per share, equivalent to a 3.2% yield.
• Institutional investors own 72.42% of Chevron, and analysts maintain a “Moderate Buy” consensus with a $213.42 price target; however, substantial recent insider selling and valuation concerns may limit near-term upside.

Curated Wealth Partners LLC trimmed its position in Chevron Corporation (NYSE:CVX - Free Report) by 90.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,003 shares of the oil and gas company's stock after selling 101,334 shares during the period. Curated Wealth Partners LLC's holdings in Chevron were worth $2,296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp grew its stake in 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 purchasing an additional 5,998,852 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Chevron in the second quarter valued at about $25,663,729,000. Berkshire Hathaway Inc increased its holdings 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 valued at $19,837,131,000 after purchasing an additional 8,091,570 shares during the period. Bank of America Corp DE increased its holdings 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 valued at $5,716,694,000 after purchasing an additional 1,334,976 shares during the period. Finally, Invesco Ltd. raised its stake 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 last quarter. Hedge funds and other institutional investors own 72.42% of the company's stock.

Chevron Price Performance

Shares of CVX opened at $219.51 on Friday. The business's 50-day moving average is $206.81 and its two-hundred day moving average is $193.29. The company has a market capitalization of $433.71 billion, a P/E ratio of 21.05, a P/E/G ratio of 0.61 and a beta of 0.53. Chevron Corporation has a fifty-two week low of $146.49 and a fifty-two week high of $223.46. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.25.

Chevron (NYSE:CVX - Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The oil and gas company reported $6.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.55 by $0.51. Chevron had a return on equity of 11.09% and a net margin of 9.57%. The business had revenue of $67.20 billion during the quarter, compared to analysts' expectations of $62.72 billion. During the same quarter in the previous year, the firm posted $1.77 EPS. The company's revenue for the quarter was up 57.4% on a year-over-year basis. Research analysts predict that Chevron Corporation will post 17.53 earnings per share for the current year.

Chevron Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, August 19th were issued a dividend of $1.78 per share. This represents a $7.12 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Wednesday, August 19th. Chevron's dividend payout ratio (DPR) is 68.26%.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Analyst support remains a key catalyst. Morgan Stanley raised its price target to $226 from $218 and assigned an “overweight” rating, implying additional upside. Wells Fargo also initiated or reiterated a “Buy” view on Chevron. Chevron price target raised by Morgan Stanley
• Positive Sentiment: Expectations for the upcoming earnings report are strong. Wall Street anticipates a sharp year-over-year increase in third-quarter earnings, supporting the recent rally. Chevron previously exceeded quarterly EPS and revenue estimates, while second-quarter 2026 free cash flow reportedly reached $18.1 billion. Chevron earnings expectations
• Positive Sentiment: Chevron’s integrated business and dividend profile continue to attract investors. Its upstream, refining and chemicals operations can provide resilience across commodity cycles, while the company’s roughly 3.5% yield and strong cash generation support its appeal as an income stock.
• Neutral Sentiment: Chevron has reached a fresh one-year high. Coverage highlights continued momentum and questions whether fundamentals justify further gains. The stock’s strong multi-year performance may keep investor interest elevated, but also raises the risk of profit-taking. Chevron reaches a fresh high
• Negative Sentiment: Chevron’s CEO warned that global oil-market safety buffers have been depleted. Commercial inventories, emergency reserves and previously sanctioned barrels have reportedly been drawn down following the Iran-related supply shock. The warning increases concerns about supply vulnerability, diesel prices and potential economic pressure that could weigh on demand. Chevron CEO warns oil buffers are depleted
• Negative Sentiment: Valuation is becoming a near-term headwind. Commentary suggests Chevron may be fairly valued or overvalued after its rally, potentially limiting upside unless earnings and oil prices continue to outperform. Chevron valuation analysis

Insider Buying and Selling

In related news, insider Andrew Walz sold 16,800 shares of Chevron stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $201.06, for a total transaction of $3,377,808.00. Following the completion of the transaction, the insider directly owned 14 shares in the company, valued at approximately $2,814.84. This trade represents a 99.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael Wirth sold 317,100 shares of the business's stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $200.46, for a total value of $63,565,866.00. Following the completion of the transaction, the chief executive officer directly owned 26,308 shares of the company's stock, valued at $5,273,701.68. The trade was a 92.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,152,582 shares of company stock valued at $225,853,661 in the last ninety days. Insiders own 0.56% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on CVX. Morgan Stanley lifted their target price on Chevron from $218.00 to $226.00 and gave the stock an "overweight" rating in a report on Thursday. Dbs Bank upgraded Chevron to a "moderate buy" rating in a research report on Thursday, August 6th. Argus increased their price target on shares of Chevron from $206.00 to $211.00 and gave the stock a "buy" rating in a report on Tuesday, August 11th. Barclays reduced their price target on shares of Chevron from $216.00 to $208.00 and set an "equal weight" rating for the company in a research report on Monday, August 17th. Finally, Bank of America raised their price target on shares of Chevron from $210.00 to $227.00 and gave the stock a "buy" rating in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $213.42.

Chevron 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.

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