Chevron Corporation $CVX Shares Sold by Brandes Investment Partners LP

Posted by Bonnie Powley on Jun 10th, 2026

Brandes Investment Partners LP decreased its holdings in shares of Chevron Corporation (NYSE:CVX – Free Report) by 11.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 584,604 shares of the oil and gas company’s stock after selling 76,310 shares during the period. Brandes Investment Partners LP’s holdings in Chevron were worth $89,100,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in CVX. United Bank raised its holdings in Chevron by 7.7% during the second quarter. United Bank now owns 11,079 shares of the oil and gas company’s stock worth $1,586,000 after purchasing an additional 796 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in Chevron by 9.0% during the second quarter. Schnieders Capital Management LLC. now owns 50,839 shares of the oil and gas company’s stock worth $7,280,000 after purchasing an additional 4,214 shares in the last quarter. BNP Paribas raised its holdings in Chevron by 76.4% during the second quarter. BNP Paribas now owns 441 shares of the oil and gas company’s stock worth $63,000 after purchasing an additional 191 shares in the last quarter. Osterweis Capital Management Inc. raised its holdings in Chevron by 678.9% during the second quarter. Osterweis Capital Management Inc. now owns 1,363 shares of the oil and gas company’s stock worth $195,000 after purchasing an additional 1,188 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in Chevron by 3.6% during the second quarter. Main Street Financial Solutions LLC now owns 16,052 shares of the oil and gas company’s stock worth $2,299,000 after purchasing an additional 553 shares in the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Chevron Price Performance

CVX stock opened at $186.78 on Wednesday. The firm has a 50 day moving average of $189.80 and a 200-day moving average of $177.47. Chevron Corporation has a 12-month low of $141.91 and a 12-month high of $214.71. The company has a current ratio of 1.09, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. The company has a market cap of $371.99 billion, a price-to-earnings ratio of 32.37, a PEG ratio of 0.63 and a beta of 0.48.

Chevron (NYSE:CVX – Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.41. Chevron had a net margin of 5.79% and a return on equity of 6.90%. The company had revenue of $47.56 billion during the quarter, compared to the consensus estimate of $51.86 billion. During the same period last year, the firm earned $2.18 EPS. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. As a group, equities analysts expect that Chevron Corporation will post 15.74 EPS for the current fiscal year.

Chevron Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 19th will be given a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Tuesday, May 19th. Chevron’s dividend payout ratio (DPR) is presently 123.40%.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

Positive Sentiment: Chevron is being highlighted as a long-term, income-focused energy name thanks to its dependable dividend profile and resilient business model, which supports investor interest in the stock. Want Income? Buy These 3 Top Energy Dividend Stocks Now
Positive Sentiment: Analysts continue to point to Chevron as a top stock for the long term, reinforcing the view that the company remains one of the stronger large-cap energy holdings. Why Chevron (CVX) is a Top Stock for the Long-Term
Positive Sentiment: Chevron is also being included among energy stocks positioned to benefit from rising power demand tied to the AI buildout, which could support future energy demand and sector sentiment. 3 Energy Stocks Built for the AI Power Boom—And Beyond (CVX)
Positive Sentiment: Chevron’s push to advance a large $13.8 billion unconventional oil project in Argentina’s Vaca Muerta basin could be a meaningful long-term growth driver if approved. Chevron Advances Unconventional Oil Project in Argentina’s Vaca Muerta
Neutral Sentiment: Several articles note renewed investor interest in Chevron and broader energy stocks, but these are more commentary-driven than company-specific catalysts. Here is What to Know Beyond Why Chevron Corporation (CVX) is a Trending Stock
Neutral Sentiment: A feature on Chevron’s dividend reinvestment performance underscores the company’s long-term wealth-building history, but it is not a new operational catalyst. How Chevron Turned $1,000 Into $3,500 With Reinvested Dividends

Insider Buying and Selling

In other news, Director John B. Hess sold 380,000 shares of Chevron stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $193.20, for a total transaction of $73,416,000.00. Following the completion of the sale, the director directly owned 278,045 shares in the company, valued at approximately $53,718,294. This trade represents a 57.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider R. Hewitt Pate sold 40,200 shares of Chevron stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $213.30, for a total transaction of $8,574,660.00. Following the sale, the insider owned 8,638 shares of the company’s stock, valued at approximately $1,842,485.40. The trade was a 82.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 615,200 shares of company stock valued at $118,022,760. Insiders own 0.56% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Weiss Ratings cut shares of Chevron from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Zacks Research upgraded shares of Chevron from a “hold” rating to a “strong-buy” rating in a report on Friday, April 3rd. Morgan Stanley increased their price target on shares of Chevron from $212.00 to $214.00 and gave the company an “overweight” rating in a report on Friday, May 22nd. Bank of America increased their price target on shares of Chevron from $188.00 to $206.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $220.00 price target on shares of Chevron in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Chevron presently has an average rating of “Moderate Buy” and an average price target of $205.70.

View Our Latest Research Report on CVX

About Chevron

(Free Report)

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.