Oak Family Advisors LLC Purchases New Holdings in Chevron Corporation $CVX

Key Points

• Oak Family Advisors LLC acquired a new stake in Chevron (NYSE: CVX) of 6,530 shares during Q4, valued at approximately $995,000.
• Chevron beat Q1 EPS expectations ($1.41 reported vs. $1.00 estimate) but missed revenue forecasts ($47.56B vs. $51.86B) and declared a quarterly dividend of $1.78 (annualized yield ~3.9%).
• Insiders sold 621,439 shares (~$118.3M) in the past 90 days while institutional investors own 72.42% of the stock; analysts' consensus is a "Moderate Buy" with an average target of $202.70.

Oak Family Advisors LLC acquired a new stake in Chevron Corporation (NYSE:CVX - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,530 shares of the oil and gas company's stock, valued at approximately $995,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CVX. Dakota Wealth Management boosted its position in shares of Chevron by 14.9% during the fourth quarter. Dakota Wealth Management now owns 83,265 shares of the oil and gas company's stock worth $12,690,000 after purchasing an additional 10,822 shares in the last quarter. Brooklyn FI LLC bought a new position in shares of Chevron during the third quarter worth $431,000. New York State Teachers Retirement System boosted its position in shares of Chevron by 15.3% during the third quarter. New York State Teachers Retirement System now owns 1,620,231 shares of the oil and gas company's stock worth $251,606,000 after purchasing an additional 215,345 shares in the last quarter. Clear Trail Advisors LLC bought a new position in shares of Chevron during the fourth quarter worth $10,167,000. Finally, Finemark National Bank & Trust boosted its position in shares of Chevron by 40.3% during the third quarter. Finemark National Bank & Trust now owns 56,535 shares of the oil and gas company's stock worth $8,779,000 after purchasing an additional 16,243 shares in the last quarter. 72.42% of the stock is owned by institutional investors.

Chevron Trading Down 1.5%

CVX opened at $182.46 on Friday. The stock has a market capitalization of $363.52 billion, a P/E ratio of 31.62, a P/E/G ratio of 0.65 and a beta of 0.51. Chevron Corporation has a 12 month low of $133.77 and a 12 month high of $214.71. The firm's fifty day simple moving average is $193.21 and its 200 day simple moving average is $172.09. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21.

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 the consensus estimate of $1.00 by $0.41. The business had revenue of $47.56 billion for the quarter, compared to analysts' expectations of $51.86 billion. Chevron had a net margin of 5.79% and a return on equity of 7.01%. The firm's revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.18 EPS. As a group, research analysts anticipate that Chevron Corporation will post 14.91 EPS for the current fiscal year.

Chevron Announces Dividend

The firm also recently declared 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. This represents a $7.12 annualized dividend and a yield of 3.9%. The ex-dividend date is Tuesday, May 19th. Chevron's payout ratio is presently 123.40%.

Insider Transactions at Chevron

In other Chevron news, insider Alana K. Knowles sold 2,408 shares of Chevron stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $183.28, for a total value of $441,338.24. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction of $26,233,632.00. Following the completion of the sale, the insider owned 11,337 shares in the company, valued at $2,130,449.04. The trade was a 92.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 621,439 shares of company stock worth $118,307,800. 0.56% of the stock is owned by insiders.

Chevron News Roundup

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

Analyst Ratings Changes

A number of equities analysts have recently weighed in on CVX shares. Bank of America lifted their price target on shares of Chevron from $188.00 to $206.00 and gave the stock a "buy" rating in a research report on Monday, March 2nd. TD Cowen reduced their price target on shares of Chevron from $214.00 to $204.00 and set a "hold" rating on the stock in a research report on Monday, April 13th. The Goldman Sachs Group reissued a "buy" rating and set a $216.00 price target on shares of Chevron in a research report on Wednesday. Jefferies Financial Group lifted their price target on shares of Chevron from $174.00 to $189.00 and gave the stock a "buy" rating in a research report on Wednesday, January 14th. Finally, 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 report on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned 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 currently has a consensus rating of "Moderate Buy" and an average target price of $202.70.

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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