Chevron Corporation

🇺🇸New York Stock Exchange
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Chevron Corporation stock analysis CVX overview
Slightly Bullish +15

Fiduciary Alliance LLC Buys 55,898 Shares of Chevron Corporation $CVX

📈 Fiduciary Alliance LLC increased its CVX stake by 268.5% in Q1, adding 55,898 shares to a total holding of 76,717 shares valued at $15.87 million.

📉 Director John B. Hess sold 380,000 shares for $73.4 million, while insider R. Hewitt Pate sold 40,200 shares for $8.6 million over the last 90 days.

💰 Chevron reported Q1 EPS of $1.41, beating analyst estimates of $1.00, though revenue of $47.56 billion missed expectations of $51.86 billion.

📊 The company declared a quarterly dividend of $1.78 per share, yielding 4.2% annually with a payout ratio of 123.40%.

🏢 Institutional ownership stands at 72.42%, with multiple hedge funds like Dakota Wealth Management and Finemark National Bank & Trust increasing their positions.

📉 Insider selling has reduced direct insider ownership to just 0.56% of the company's total stock.

Bullish Signals
  • Fiduciary Alliance LLC grew its CVX stake by 268.5% in Q1, adding 55,898 shares to a total holding of 76,717 shares valued at $15.87 million.
  • Dakota Wealth Management increased its holdings by 14.9% in the fourth quarter, purchasing an additional 10,822 shares.
  • Finemark National Bank & Trust raised its CVX holdings by 40.3% in the third quarter, buying 16,243 additional shares.
  • Chevron reported Q1 earnings of $1.41 per share, which beat analyst consensus estimates of $1.00 by $0.41.
  • The company achieved a net margin of 5.79% and a return on equity of 6.90% for the quarter.
  • Revenue grew 2.1% year-over-year to reach $47.56 billion, demonstrating continued operational growth.
  • Chevron declared a quarterly dividend of $1.78 per share, offering an annualized yield of 4.2% to stockholders.
Risk Factors
  • Insiders sold a total of 615,200 shares valued at $118 million over the last 90 days, reducing their aggregate ownership to 0.56%.
  • Chevron's Q1 revenue of $47.56 billion missed analyst expectations of $51.86 billion by $4.3 billion.
  • The company's dividend payout ratio is currently 123.40%, indicating the dividend exceeds current earnings per share.
Full Analysis
Fiduciary Alliance LLC significantly increased its stake in Chevron Corporation (CVX) by 268.5% in the first quarter, adding 55,898 shares to reach a total holding of 76,717 shares valued at $15.87 million. The stock represents 1.0% of Fiduciary Alliance's portfolio and ranks as its 15th largest holding. Several other institutional investors also adjusted their positions, with Dakota Wealth Management increasing holdings by 14.9% and Finemark National Bank & Trust raising stakes by 40.3%, while new positions were established by Brooklyn FI LLC, Clear Trail Advisors LLC, and Curtis Advisory Group LLC. Conversely, insider selling activity has been substantial over the last 90 days, with directors John B. Hess and R. Hewitt Pate collectively offloading 615,200 shares worth approximately $118 million. Director Hess sold 380,000 shares for $73.4 million, reducing his ownership by 57.75%, while insider Pate sold 40,200 shares for $8.6 million, cutting his stake by over 82%. Following these transactions, insiders now own only 0.56% of the company's stock. Financially, Chevron reported Q1 earnings of $1.41 per share, which beat analyst estimates of $1.00, though revenue of $47.56 billion fell short of the $51.86 billion consensus. The company posted a net margin of 5.79% and a return on equity of 6.90%, with revenue growing 2.1% year-over-year. The firm recently declared a quarterly dividend of $1.78 per share, resulting in an annualized yield of 4.2% and a payout ratio of 123.40%. Current stock metrics include a market cap of $339.91 billion and a P/E ratio of 29.58.