Keystone Wealth Services LLC Acquires 39,981 Shares of Chevron Corporation $CVX

Keystone Wealth Services LLC lifted its holdings in Chevron Corporation (NYSE:CVX) by 2,819.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 41,399 shares of the oil and gas company’s stock after purchasing an additional 39,981 shares during the period. Chevron comprises 1.4% of Keystone Wealth Services LLC’s holdings, making the stock its 13th biggest position. Keystone Wealth Services LLC’s holdings in Chevron were worth $6,429,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. UniSuper Management Pty Ltd increased its holdings in shares of Chevron by 6.4% in the 1st quarter. UniSuper Management Pty Ltd now owns 102,556 shares of the oil and gas company’s stock valued at $17,157,000 after acquiring an additional 6,200 shares during the period. Talon Private Wealth LLC lifted its stake in shares of Chevron by 22.2% during the 1st quarter. Talon Private Wealth LLC now owns 1,785 shares of the oil and gas company’s stock worth $299,000 after purchasing an additional 324 shares during the last quarter. Kestra Investment Management LLC grew its stake in Chevron by 8.2% in the first quarter. Kestra Investment Management LLC now owns 7,964 shares of the oil and gas company’s stock valued at $1,332,000 after purchasing an additional 606 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in Chevron by 16.4% in the first quarter. Ashton Thomas Private Wealth LLC now owns 107,181 shares of the oil and gas company’s stock worth $17,930,000 after purchasing an additional 15,125 shares in the last quarter. Finally, Challenger Wealth Management boosted its holdings in shares of Chevron by 5.2% in the 1st quarter. Challenger Wealth Management now owns 20,591 shares of the oil and gas company’s stock valued at $3,445,000 after buying an additional 1,021 shares in the last quarter. Institutional investors own 72.42% of the company’s stock.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: U.S. intervention and White House statements raising the prospect of renewed U.S. access to Venezuelan oil have pushed Chevron into a favored position as the only major U.S. operator still active there. The market has anointed Chevron the big Venezuela winner. But oil majors face a long road before any payoff
• Positive Sentiment: Chevron already runs projects and exports from Venezuela and owns Gulf Coast refining capacity well suited to heavy, sour Venezuelan crude — a strategic integration advantage if flows resume. Chevron’s Risky Bet to Stay in Venezuela May Now Give It an Advantage
• Positive Sentiment: Market action: heavy call‑option buying and sharp premarket/intraday buying in oil names lifted Chevron and contributed to broader gains (helping the Dow reach record levels). Chevron, US refiners’ shares surge after Trump’s move toward Venezuela oil
• Neutral Sentiment: Some analysts remain constructive but cautious — Citigroup trimmed its price target (keeps a Buy) and broader street ratings are mixed; the rally has attracted both buy recommendations and “wait for consolidation” notes.
• Negative Sentiment: Significant execution risk and timelines: rebuilding Venezuela’s dilapidated oil infrastructure will take years and billions, so any revenue/earnings upside is likely long‑dated. The market has anointed Chevron the big Venezuela winner. But oil majors face a long road before any payoff
• Negative Sentiment: Policy/coordination uncertainty: reports say the administration didn’t consult majors before the operation, leaving questions about contracts, timing and legal/regulatory frameworks for U.S. companies. Trump administration has not consulted US oil majors about Venezuela, oil execs say
• Negative Sentiment: Technicals and economics: some technical indicators show the move is overbought and crude prices remain below levels that would meaningfully boost near‑term margins, increasing risk of a pullback.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Hsbc Global Res raised shares of Chevron from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Piper Sandler reduced their price target on Chevron from $171.00 to $169.00 and set an “overweight” rating on the stock in a research report on Monday, November 10th. Mizuho increased their price objective on Chevron from $204.00 to $206.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Weiss Ratings restated a “hold (c)” rating on shares of Chevron in a research note on Wednesday, October 8th. Finally, Scotiabank upped their target price on Chevron from $160.00 to $165.00 and gave the company a “sector perform” rating in a research report on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $166.90.

Chevron Price Performance

NYSE CVX opened at $163.84 on Tuesday. The company has a market cap of $329.90 billion, a price-to-earnings ratio of 23.04, a PEG ratio of 9.76 and a beta of 0.70. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. The stock’s fifty day moving average price is $152.05 and its 200 day moving average price is $153.20. Chevron Corporation has a 1 year low of $132.04 and a 1 year high of $168.96.

Chevron (NYSE:CVX) last issued its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.71 by $0.14. The company had revenue of $48.17 billion during the quarter, compared to analysts’ expectations of $46.99 billion. Chevron had a return on equity of 8.74% and a net margin of 6.57%.The firm’s revenue was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.48 EPS. As a group, equities research analysts forecast that Chevron Corporation will post 10.79 earnings per share for the current year.

Chevron Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 18th were given a dividend of $1.71 per share. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $6.84 dividend on an annualized basis and a yield of 4.2%. Chevron’s dividend payout ratio (DPR) is currently 96.20%.

Insider Buying and Selling

In other news, Director John B. Hess sold 275,000 shares of the company’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $150.75, for a total value of $41,456,250.00. Following the sale, the director directly owned 1,128,045 shares of the company’s stock, valued at $170,052,783.75. This represents a 19.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.20% 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.