Prime Capital Investment Advisors LLC Boosts Stock Position in Chevron Corporation $CVX

Key Points

• Prime Capital Investment Advisors LLC raised its stake in Chevron by 5.4% in Q4, buying an additional 7,254 shares to hold 142,807 shares valued at about $21.77 million at quarter-end.
• Chevron increased its quarterly dividend to $1.78 (annualized $7.12) for a yield near 3.7%, up from $1.71, while its dividend payout ratio is roughly 107%.
• Insiders sold a combined 782,607 shares worth about $146.5 million over the past three months, leaving insiders with roughly 0.21% ownership while institutional investors hold about 72.42% of the stock.

Prime Capital Investment Advisors LLC lifted its position in Chevron Corporation (NYSE:CVX - Free Report) by 5.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 142,807 shares of the oil and gas company's stock after purchasing an additional 7,254 shares during the quarter. Prime Capital Investment Advisors LLC's holdings in Chevron were worth $21,765,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CVX. Decker Retirement Planning Inc. purchased a new position in shares of Chevron in the 3rd quarter worth about $34,000. Marquette Asset Management LLC purchased a new position in shares of Chevron in the 3rd quarter worth about $41,000. Barnes Dennig Private Wealth Management LLC boosted its holdings in shares of Chevron by 306.1% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 268 shares of the oil and gas company's stock worth $42,000 after purchasing an additional 202 shares in the last quarter. Daytona Street Capital LLC purchased a new position in shares of Chevron in the 4th quarter worth about $44,000. Finally, Evolution Wealth Management Inc. purchased a new position in shares of Chevron in the 2nd quarter worth about $49,000. 72.42% of the stock is currently owned by hedge funds and other institutional investors.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron resumed natural gas output at the Leviathan offshore field after a 33‑day halt, lifting capacity and reinforcing its LNG and Eastern Mediterranean supply role — a near‑term boost to volumes and strategic positioning. Read More.
• Positive Sentiment: BMO Capital raised its price target on CVX to $205 and kept an Outperform rating, reflecting upside in Chevron's cash returns and resilience despite an uncertain oil price range. Read More.
• Positive Sentiment: Erste Group boosted its FY2026 EPS forecast for Chevron, signaling some analyst upward revisions to earnings expectations as company fundamentals and higher commodity prices support cash flow. Read More.
• Neutral Sentiment: Longer‑term bullish research pieces highlight Chevron as a durable dividend and integrated energy exposure play (LNG + upstream), supporting buy‑and‑hold interest even amid short‑term volatility. Read More.
• Neutral Sentiment: Rising oil pushed option premiums wider, prompting some traders to favor covered‑call and cash‑secured‑put strategies on CVX — a sign of elevated volatility rather than a directional signal. Read More.
• Negative Sentiment: Market reaction to a two‑week US‑Iran ceasefire sent oil prices lower and triggered a pullback in Chevron shares as investors price in a reduced near‑term supply shock. Several news outlets flagged CVX among stocks sliding despite a broader market rally. Read More.
• Negative Sentiment: Despite the ceasefire, geopolitical risk remains: recent drone strikes on Saudi Arabia’s East‑West pipeline and political comments suggesting the truce is fragile keep a risk premium on energy — this uncertainty can quickly re‑tighten or loosen oil prices and fuel volatility in CVX. Read More.
• Negative Sentiment: Market commentary (Barron's, Investopedia, The Motley Fool) notes today may mark a rotational pullback for energy after March’s rally — analysts warn gains could be tested if oil stabilizes lower, pressuring CVX near term. Read More.

Analyst Ratings Changes

CVX has been the subject of a number of research reports. Wall Street Zen upgraded Chevron from a "sell" rating to a "hold" rating in a report on Saturday, January 31st. Zacks Research upgraded Chevron from a "hold" rating to a "strong-buy" rating in a report on Friday, April 3rd. Barclays upped their price objective on Chevron from $172.00 to $180.00 and gave the stock an "equal weight" rating in a report on Monday, March 16th. UBS Group reiterated a "buy" rating and issued a $212.00 price objective on shares of Chevron in a report on Monday, February 2nd. Finally, Sanford C. Bernstein upped their price objective on Chevron from $170.00 to $172.00 and gave the stock a "market perform" rating in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $187.64.

Chevron Trading Down 4.3%

Shares of CVX stock opened at $192.81 on Thursday. The stock has a market capitalization of $384.74 billion, a PE ratio of 28.95, a P/E/G ratio of 1.66 and a beta of 0.60. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $214.71. The business has a 50-day moving average of $190.88 and a 200 day moving average of $167.59. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.15 and a quick ratio of 0.86.

Chevron (NYSE:CVX - Get Free Report) last issued its 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%.Chevron's quarterly revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the business posted $2.06 EPS. As a group, sell-side analysts anticipate that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were issued a dividend of $1.78 per share. The ex-dividend date was Tuesday, February 17th. This represents a $7.12 annualized dividend and a yield of 3.7%. This is a boost from Chevron's previous quarterly dividend of $1.71. Chevron's dividend payout ratio (DPR) is currently 106.91%.

Insider Activity at Chevron

In related news, insider R. Hewitt Pate sold 40,200 shares of the stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $213.30, for a total transaction of $8,574,660.00. Following the completion of the sale, the insider directly owned 8,638 shares in the company, valued at $1,842,485.40. This represents a 82.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Andrew Benjamin Walz sold 11,600 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $188.58, for a total value of $2,187,528.00. The SEC filing for this sale provides additional information. Insiders sold a total of 782,607 shares of company stock worth $146,510,571 over the last three months. Corporate insiders own 0.21% 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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