2 weeks Ago By Defense World Staff
Drucker Wealth 3.0 LLC bought a new stake in shares of Chevron Co. ( NYSE:CVX – Free Report ) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The fund bought 1,383 shares of the oil and gas company’s stock, valued at approximately $216,000. A number of other hedge funds have also recently modified their holdings of CVX. Berkshire Hathaway Inc boosted its holdings in shares of Chevron by 14.
4% during the 4th quarter. Berkshire Hathaway Inc now owns 126,093,326 shares of the oil and gas company’s stock valued at $18,808,081,000 after buying an additional 15,845,037 shares in the last quarter. Capital World Investors boosted its holdings in shares of Chevron by 43.
5% during the 4th quarter. Capital World Investors now owns 15,513,887 shares of the oil and gas company’s stock valued at $2,314,070,000 after buying an additional 4,700,289 shares in the last quarter. Massachusetts Financial Services Co.
MA boosted its stake in Chevron by 55.5% in the 2nd quarter. Massachusetts Financial Services Co.
MA now owns 8,537,859 shares of the oil and gas company’s stock worth $1,335,492,000 after purchasing an additional 3,048,819 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its stake in Chevron by 68,604.0% in the 4th quarter.
Public Employees Retirement Association of Colorado now owns 1,207,817 shares of the oil and gas company’s stock worth $180,158,000 after purchasing an additional 1,206,059 shares in the last quarter. Finally, Wulff Hansen & CO. boosted its stake in Chevron by 15,542.
0% in the 2nd quarter. Wulff Hansen & CO. now owns 1,175,653 shares of the oil and gas company’s stock worth $183,896,000 after purchasing an additional 1,168,137 shares in the last quarter.
Institutional investors own 72.42% of the company’s stock. Chevron Trading Down 1.
4 % Chevron stock opened at $142.00 on Friday. The firm has a 50 day moving average of $147.
30 and a 200 day moving average of $154.42. The firm has a market capitalization of $259.
71 billion, a price-to-earnings ratio of 13.06, a P/E/G ratio of 2.68 and a beta of 1.
09. Chevron Co. has a 12-month low of $135.
37 and a 12-month high of $171.70. The company has a current ratio of 1.
16, a quick ratio of 0.85 and a debt-to-equity ratio of 0.13.
Chevron Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Monday, August 19th were paid a $1.63 dividend.
The ex-dividend date of this dividend was Monday, August 19th. This represents a $6.52 annualized dividend and a yield of 4.
59%. Chevron’s payout ratio is 59.98%.
Analysts Set New Price Targets A number of equities analysts recently issued reports on CVX shares. Barclays dropped their price target on shares of Chevron from $203.00 to $185.
00 and set an “overweight” rating on the stock in a research note on Tuesday, August 6th. Royal Bank of Canada decreased their target price on Chevron from $190.00 to $180.
00 and set an “outperform” rating for the company in a research report on Monday, August 5th. Wolfe Research began coverage on Chevron in a research report on Thursday, July 18th. They issued a “peer perform” rating for the company.
Mizuho decreased their target price on Chevron from $205.00 to $189.00 and set an “outperform” rating for the company in a research report on Monday, September 16th.
Finally, Sanford C. Bernstein lowered Chevron from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $183.00 to $167.
00 in a research report on Wednesday, July 17th. Seven analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $182.
41. View Our Latest Research Report on Chevron Chevron Profile ( Free Report ) Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream.
The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. Featured Stories Five stocks we like better than Chevron How to Evaluate a Stock Before Buying Rocket Lab Stock Soars: Should Investors Chase the Rally? How to Know Which Cryptocurrency to Buy: A Guide for Investors KB Home Slips After Earnings: What’s Next for Homebuilders? What is a SEC Filing? Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat Receive News & Ratings for Chevron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chevron and related companies with MarketBeat.com's FREE daily email newsletter .
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