Farther Finance Advisors LLC Boosts Holdings in Chevron Corporation $CVX

Key Points

• Farther Finance Advisors increased its Chevron stake by 16.9% to 123,947 shares, worth about $18.9 million according to its latest 13F filing.
• Company insiders have been net sellers — CFO Eimear Bonner sold 32,100 shares and R. Hewitt Pate sold 58,000, with insiders disposing of 779,407 shares (~$146 million) in the last quarter and now owning just 0.20% of the stock.
• Chevron announced an asset swap that raises its Petroindependencia stake to ~49% and secures Orinoco heavy‑oil rights, while analysts and large investors (including Berkshire Hathaway) have become more bullish; the company also raised its quarterly dividend to $1.78 (3.8% yield) despite mixed Q4 results (EPS beat, revenue missed).

Farther Finance Advisors LLC increased its stake in shares of Chevron Corporation (NYSE:CVX - Free Report) by 16.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 123,947 shares of the oil and gas company's stock after buying an additional 17,964 shares during the period. Farther Finance Advisors LLC's holdings in Chevron were worth $18,891,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in CVX. Decker Retirement Planning Inc. purchased a new stake in Chevron in the third quarter worth $34,000. Marquette Asset Management LLC purchased a new stake in Chevron in the third quarter worth $41,000. Barnes Dennig Private Wealth Management LLC increased its position in Chevron by 306.1% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 268 shares of the oil and gas company's stock worth $42,000 after buying an additional 202 shares during the last quarter. Daytona Street Capital LLC purchased a new stake in Chevron in the fourth quarter worth $44,000. Finally, Evolution Wealth Management Inc. purchased a new stake in Chevron in the second quarter worth $49,000. Hedge funds and other institutional investors own 72.42% of the company's stock.

Insider Activity at Chevron

In related news, CFO Eimear P. Bonner sold 32,100 shares of the business's stock in a transaction that occurred on 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 completion of the transaction, the chief financial officer owned 4,366 shares of the company's stock, valued at approximately $764,093.66. The trade was a 88.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider R. Hewitt Pate sold 58,000 shares of the business's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $188.65, for a total transaction of $10,941,700.00. Following 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 779,407 shares of company stock valued at $145,972,971 in the last quarter. 0.20% of the stock is currently owned by company insiders.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron announced an asset swap that raises its Petroindependencia stake to ~49% and secures Orinoco heavy‑oil development rights — a long‑term boost to heavy crude exposure and valuation. Read More.
• Positive Sentiment: Royal Bank of Canada lifted its price target and other outlets report analyst upgrades tied to recent discoveries and stronger oil fundamentals — supportive for upside expectations. Read More.
• Positive Sentiment: Large institutional interest — Berkshire Hathaway added to its Chevron stake, a credible long‑term vote of confidence that can attract other investors. Read More.
• Positive Sentiment: High‑visibility endorsements (Jim Cramer recommending Chevron for offshore exposure) and reports of a Gulf discovery are driving retail and momentum flows into the stock. Read More. Read More.
• Neutral Sentiment: Q4 results were mixed — EPS beat but revenue missed and year‑over‑year sales declined, leaving near‑term earnings visibility somewhat uncertain despite strong operating cash flow. Read More.
• Neutral Sentiment: Management expects higher Q1 profits given current geopolitical oil dynamics, which supports forward earnings estimates but depends on sustained oil prices and stable operations. Read More.
• Negative Sentiment: Execution/regulatory risk in Venezuela: Suelopetrol says it has not been notified of Chevron’s expansion in the joint venture — introduces uncertainty about timing/approval of the asset swap and could delay or alter expected benefits. Read More.
• Negative Sentiment: Some analyst caution persists — a recent TD Cowen adjustment to a lower price target/hold view and notes about near‑term earnings headwinds temper upside momentum. Read More.

Chevron Price Performance

Shares of NYSE CVX opened at $186.95 on Wednesday. The stock has a market cap of $372.46 billion, a PE ratio of 28.07, a price-to-earnings-growth ratio of 1.42 and a beta of 0.60. Chevron Corporation has a fifty-two week low of $132.33 and a fifty-two week high of $214.71. 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 has a fifty day moving average of $192.03 and a 200-day moving average of $168.52.

Chevron (NYSE:CVX - Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.08. The company had revenue of $45.79 billion during the quarter, compared to analysts' expectations 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 period in the previous year, the business earned $2.06 earnings per share. Equities research analysts anticipate that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

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

Wall Street Analyst Weigh In

CVX has been the subject of a number of recent research reports. Argus set a $203.00 target price on Chevron in a research report on Tuesday, February 3rd. Zacks Research upgraded shares of Chevron from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 3rd. Weiss Ratings reiterated a "hold (c)" rating on shares of Chevron in a research note on Wednesday, January 21st. Freedom Capital downgraded shares of Chevron from a "hold" rating to a "strong sell" rating in a research note on Tuesday, January 6th. Finally, HSBC upgraded shares of Chevron from a "hold" rating to a "buy" rating and set a $215.00 target price for the company in a research note on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $195.09.

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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