MSH Capital Advisors LLC Acquires New Shares in Chevron Corporation $CVX

Key Points

• MSH Capital Advisors acquired 11,400 Chevron shares in the second quarter, valued at approximately $1.89 million. Institutional investors and hedge funds collectively own 72.42% of CVX.
• Chevron reported stronger-than-expected quarterly results, with EPS of $6.06 versus the $5.55 consensus and revenue of $67.2 billion versus $62.72 billion expected. The company also declared a $1.78 quarterly dividend, representing a 3.5% yield.
• Analyst sentiment remains favorable, with a “Moderate Buy” consensus and an average price target of $207.48, although insiders—including CEO Michael Wirth—recently sold substantial amounts of stock.

MSH Capital Advisors LLC acquired a new position in shares of Chevron Corporation (NYSE:CVX - Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 11,400 shares of the oil and gas company's stock, valued at approximately $1,890,000.

Other large investors have also recently added to or reduced their stakes in the company. Midwest Capital Advisors LLC acquired a new position in shares of Chevron during the first quarter valued at $25,000. Core Wealth Advisors LLC acquired a new stake in shares of Chevron in the 4th quarter worth about $26,000. Phillip James Consulting Co. acquired a new stake in shares of Chevron in the 4th quarter worth about $26,000. Basso Capital Management L.P. bought a new stake in Chevron in the 4th quarter valued at about $27,000. Finally, Karpus Management Inc. bought a new stake in Chevron in the 4th quarter valued at about $27,000. 72.42% of the stock is owned by institutional investors and hedge funds.

Chevron Stock Performance

CVX stock opened at $205.85 on Friday. The company has a market capitalization of $406.71 billion, a P/E ratio of 19.74, a PEG ratio of 0.63 and a beta of 0.49. The company has a 50-day simple moving average of $184.67 and a 200 day simple moving average of $187.95. Chevron Corporation has a fifty-two week low of $146.49 and a fifty-two week high of $214.71. The company has a quick ratio of 0.98, a current ratio of 1.25 and a debt-to-equity ratio of 0.19.

Chevron (NYSE:CVX - Get Free Report) last released its earnings results on Friday, July 31st. The oil and gas company reported $6.06 EPS for the quarter, beating the consensus estimate of $5.55 by $0.51. The firm had revenue of $67.20 billion for the quarter, compared to analysts' expectations of $62.72 billion. Chevron had a net margin of 9.57% and a return on equity of 11.09%. Chevron's quarterly revenue was up 57.4% on a year-over-year basis. During the same quarter last year, the company earned $1.77 EPS. Sell-side analysts predict that Chevron Corporation will post 15.86 earnings per share for the current fiscal year.

Chevron Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be issued a $1.78 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $7.12 annualized dividend and a dividend yield of 3.5%. Chevron's dividend payout ratio (DPR) is 68.26%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. TD Cowen boosted their target price on shares of Chevron from $200.00 to $205.00 and gave the company a "hold" rating in a research note on Wednesday, August 5th. The Goldman Sachs Group restated a "buy" rating and issued a $216.00 price target on shares of Chevron in a research note on Wednesday, May 6th. Morgan Stanley lifted their price target on Chevron from $210.00 to $218.00 and gave the company an "overweight" rating in a report on Wednesday. Barclays reduced their price objective on Chevron from $216.00 to $208.00 and set an "equal weight" rating for the company in a research report on Monday. Finally, Weiss Ratings raised Chevron from a "hold (c)" rating to a "buy (b)" rating in a report on Tuesday, August 11th. Twenty equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $207.48.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron confirmed a sizable oil and gas condensate discovery at the 105-4X well in offshore Angola’s Block 0. The more than 600-meter hydrocarbon column and over 90 meters of net pay could support future production, while a tie-back to existing facilities may reduce development costs. Chevron Angola discovery analysis
• Positive Sentiment: Equinor’s agreement to acquire a 17.4% interest in Chevron-operated offshore Namibia exploration acreage allows CVX to share exploration costs while retaining operatorship, reducing financial exposure ahead of planned 2026 drilling. Equinor enters Namibia with stake in Chevron-operated block
• Positive Sentiment: Options traders purchased unusually large volumes of CVX call options, indicating stronger bullish positioning and potentially adding momentum to the rally.
• Positive Sentiment: Chevron’s shareholder-return profile remains supportive: the company recently declared a $1.78 quarterly dividend, equivalent to $7.12 annually and an approximately 3.5% yield. Its latest quarterly results also exceeded expectations, with adjusted EPS of $6.06 versus $5.55 expected and revenue of $67.2 billion versus $62.72 billion forecast.
• Neutral Sentiment: Analyst sentiment is broadly favorable. Morgan Stanley raised its target to $218 and maintained an overweight rating, while the broader analyst consensus remains “Moderate Buy.” However, the stock’s continued performance is highly sensitive to crude prices and Middle East developments.
• Negative Sentiment: Several insiders sold shares, including CEO Michael Wirth’s sale of 317,100 shares worth about $63.6 million and Andrew Benjamin Walz’s sale of 16,800 shares. These transactions may weigh on sentiment, although they can reflect personal financial planning rather than concerns about Chevron’s fundamentals. Chevron CEO SEC filing

Insider Activity at Chevron

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

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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