Entruity Wealth LLC Grows Stock Holdings in Chevron Corporation $CVX

Key Points

• Entruity Wealth LLC boosted its Chevron stake by 181.9% in Q4 to 26,314 shares worth $4.01 million, making CVX ~2.9% of the fund's portfolio and its 12th-largest holding.
• Analysts are broadly favorable with a consensus rating of "Moderate Buy" and an average target of $202.70, and several firms have recently raised targets (e.g., Citigroup to $235, HSBC to $215).
• Insiders sold a combined 621,439 shares (~$118.3M) last quarter, including a 139,600-share sale by the vice chairman, even as Chevron reported a Q1 EPS beat ($1.41 vs. $1.00) and announced a $1.78 quarterly dividend (3.9% yield).

Entruity Wealth LLC lifted its position in shares of Chevron Corporation (NYSE:CVX - Free Report) by 181.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,314 shares of the oil and gas company's stock after purchasing an additional 16,980 shares during the period. Chevron comprises approximately 2.9% of Entruity Wealth LLC's portfolio, making the stock its 12th largest position. Entruity Wealth LLC's holdings in Chevron were worth $4,011,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CVX. United Bank lifted its position in shares of Chevron by 7.7% during the 2nd quarter. United Bank now owns 11,079 shares of the oil and gas company's stock worth $1,586,000 after purchasing an additional 796 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in Chevron by 9.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 50,839 shares of the oil and gas company's stock worth $7,280,000 after acquiring an additional 4,214 shares in the last quarter. BNP Paribas raised its stake in Chevron by 76.4% during the 2nd quarter. BNP Paribas now owns 441 shares of the oil and gas company's stock worth $63,000 after acquiring an additional 191 shares in the last quarter. Osterweis Capital Management Inc. raised its stake in Chevron by 678.9% during the 2nd quarter. Osterweis Capital Management Inc. now owns 1,363 shares of the oil and gas company's stock worth $195,000 after acquiring an additional 1,188 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its stake in Chevron by 3.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 16,052 shares of the oil and gas company's stock worth $2,299,000 after acquiring an additional 553 shares in the last quarter. 72.42% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on CVX shares. Citigroup lifted their price target on shares of Chevron from $210.00 to $235.00 and gave the stock a "buy" rating in a research note on Thursday, April 2nd. Mizuho lifted their price target on shares of Chevron from $206.00 to $217.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 17th. HSBC upgraded shares of Chevron from a "hold" rating to a "buy" rating and set a $215.00 price target on the stock in a research note on Friday, March 20th. Wall Street Zen upgraded shares of Chevron from a "sell" rating to a "hold" rating in a research note on Saturday, January 31st. Finally, TD Cowen cut their price target on shares of Chevron from $214.00 to $204.00 and set a "hold" rating on the stock in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $202.70.

Insider Buying and Selling

In other Chevron news, Vice Chairman Mark A. Nelson sold 139,600 shares of Chevron stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $187.92, for a total value of $26,233,632.00. Following the transaction, the insider directly owned 11,337 shares in the company, valued at approximately $2,130,449.04. The trade was a 92.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Thomas Ryder Booth sold 11,076 shares of Chevron stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $184.40, for a total transaction of $2,042,414.40. Following the completion of the transaction, the chief technology officer owned 1,122 shares in the company, valued at approximately $206,896.80. This represents a 90.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 621,439 shares of company stock valued at $118,307,800 in the last quarter. Corporate insiders own 0.56% of the company's stock.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Q1 earnings beat consensus on adjusted EPS, underscoring operational resilience despite a revenue shortfall; management framed results as “solid” amid geopolitical volatility. Chevron (CVX) Reports Q1 EPS Beat
• Positive Sentiment: California refining margins jumped to ~$1/gal in March with one refiner (likely Chevron) at $1.11/gal — a near‑term boost to downstream margins and cash flow. CA Oil Refiners' Margins Top $1 Per Gallon In March, $1.11 For Chevron, Trending Upward; Validating Need for Three Year Old CEC Rules on Resupply and Minimum Inventories, says Consumer Watchdog
• Positive Sentiment: Royal Bank of Canada assigned an “Outperform” rating on CVX, which can support demand for the stock from institutional investors. Chevron NYSE: CVX Earns "Outperform" Rating from Royal Bank Of Canada
• Positive Sentiment: CEO commentary and company actions (warning about Strait of Hormuz risk, expanding exploration near Malta) signal Chevron is positioned to benefit if physical supply tightness persists. That exposure tends to support oil producers’ valuations when geopolitical risk rises. Chevron Weighs Hormuz Supply Strains Against Malta Exploration And Dividends
• Neutral Sentiment: President Trump met with Chevron and Exxon executives to discuss Venezuela — potential policy outcomes could help U.S. producers, but the timing and tangible effects remain uncertain. Trump met with Chevron and ExxonMobil on Tuesday to discuss Venezuela
• Neutral Sentiment: Proposed federal legislation (Offshore Parity Act, H.R.8542) would shift certain offshore leasing controls to coastal states — could alter permitting/royalty regimes in the Gulf over time, but impacts on Chevron are speculative and long‑term. New Bill: Representative Mike Ezell introduces H.R. 8542: Offshore Parity Act of 2026
• Negative Sentiment: Short‑term selloff driven by easing Iran war/Strait of Hormuz fears and headlines about U.S.-Iran peace‑talk optimism; oil prices pulled back and major oil names, including Chevron, fell as traders priced in lower supply disruption risk. This is the primary reason the stock is down today. Exxon, Chevron, Other Oil Stocks Sink as Market Bets Iran War Will End

Chevron Trading Down 1.5%

NYSE CVX opened at $182.46 on Friday. 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 market cap of $363.52 billion, a PE ratio of 31.62, a P/E/G ratio of 0.65 and a beta of 0.51. Chevron Corporation has a one year low of $133.77 and a one year high of $214.71. The firm's fifty day moving average is $193.21 and its two-hundred day moving average is $172.09.

Chevron (NYSE:CVX - Get Free Report) last posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $1.00 by $0.41. The company had revenue of $47.56 billion for the quarter, compared to analyst estimates of $51.86 billion. Chevron had a net margin of 5.79% and a return on equity of 7.01%. Chevron's quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the business posted $2.18 earnings per share. Analysts expect that Chevron Corporation will post 14.91 earnings per share for the current year.

Chevron Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Tuesday, May 19th will be paid a $1.78 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $7.12 dividend on an annualized basis and a yield of 3.9%. Chevron's payout ratio is currently 123.40%.

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.

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