<div id="readability-page-1"><p>Applied Capital LLC FL purchased a new position in  Chevron Corporation (NYSE:CVX - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,555 shares of the oil and gas company's stock, valued at approximately $366,000.</p><ul><li>Oil Set to Rebound? 3 Stocks That Win if Crude Climbs</li></ul><p>Several other large investors also recently added to or reduced their stakes in CVX. CCG Wealth Management LLC raised its stake in shares of  Chevron by 2.3% in the first quarter. CCG Wealth Management LLC now owns 6,334 shares of the oil and gas company's stock valued at $1,060,000 after acquiring an additional 145 shares during the period.  Ignite Planners LLC grew its holdings in  Chevron by 14.1% during the 1st quarter. Ignite Planners LLC now owns 12,316 shares of the oil and gas company's stock valued at $2,060,000 after purchasing an additional 1,519 shares during the last quarter.  Vista Capital Partners Inc. raised its position in  Chevron by 9.1% in the 1st quarter. Vista Capital Partners Inc. now owns 5,938 shares of the oil and gas company's stock worth $993,000 after purchasing an additional 495 shares during the period.  Oregon Public Employees Retirement Fund lifted its stake in  Chevron by 0.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 143,914 shares of the oil and gas company's stock worth $24,075,000 after purchasing an additional 675 shares during the last quarter.  Finally, Capital Advisors Inc. OK boosted its position in shares of  Chevron by 0.3% during the first quarter. Capital Advisors Inc. OK now owns 569,258 shares of the oil and gas company's stock valued at $95,231,000 after buying an additional 1,755 shares during the period. 72.42% of the stock is owned by institutional investors. </p><h2>Chevron Stock Down 1.7%</h2><p>NYSE:CVX opened at $149.11 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.00 and a quick ratio of 0.74. The firm has a market cap of $257.66 billion, a PE ratio of 19.19, a price-to-earnings-growth ratio of 1.95 and a beta of 0.84. The company has a 50-day moving average of $156.10 and a 200 day moving average of $148.67. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $168.96. </p><ul><li>Dividend ETF SCHD Draws Buyers as Fed Cuts Spark Rotation</li></ul><p>Chevron (NYSE:CVX - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The oil and gas company reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.19. Chevron had a net margin of 7.02% and a return on equity of 9.90%. The firm had revenue of $44.82 billion during the quarter, compared to analysts' expectations of $44.59 billion. During the same quarter in the prior year, the company earned $2.55 EPS. The company's revenue was down 12.4% compared to the same quarter last year.  As a group, research analysts anticipate that  Chevron Corporation will post 10.79 EPS for the current fiscal year. </p><h2>Chevron Dividend Announcement</h2><p>The business also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Tuesday, August 19th were issued a $1.71 dividend. The ex-dividend date was Tuesday, August 19th. This represents a $6.84 dividend on an annualized basis and a dividend yield of 4.6%. Chevron's dividend payout ratio (DPR) is currently 88.03%. </p><h2>Analysts Set New Price Targets</h2><ul><li>3 Energy Stocks That Could Benefit From Geopolitical Tensions</li></ul><p>CVX has been the subject of a number of recent analyst reports. Mizuho dropped their price objective on Chevron from $192.00 to $191.00 and set an &#34;outperform&#34; rating for the company in a report on Monday, September 15th. Wells Fargo &amp; Company  reiterated an &#34;overweight&#34; rating and set a $178.00 target price on shares of Chevron in a research report on Friday, August 1st. Jefferies Financial Group  restated a &#34;buy&#34; rating on shares of Chevron in a report on Friday, July 18th. Bank of America raised their price target on shares of Chevron from $170.00 to $185.00 and gave the stock a &#34;buy&#34; rating in a research note on Wednesday, September 10th. Finally, Barclays dropped their target price on shares of Chevron from $160.00 to $158.00 and set an &#34;equal weight&#34; rating on the stock in a research note on Tuesday. Eleven analysts have rated the stock with a Buy rating, nine have assigned  a Hold rating and three have assigned  a Sell rating to the company. According to data from MarketBeat.com, Chevron  has an average rating of &#34;Hold&#34; and a consensus target price of $165.40.</p><p><b>Read Our Latest Stock Analysis on Chevron</b></p><h2>Insider Buying and Selling at Chevron</h2><p>In other Chevron news, Director John B. Hess sold 375,000 shares of the business's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $158.30, for a total value of $59,362,500.00. Following the completion of the transaction, the director directly owned 1,403,045 shares in the company, valued at approximately $222,102,023.50. The trade was a 21.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Alana K. Knowles sold 3,978 shares of the stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $160.00, for a total transaction of $636,480.00. Following the sale, the vice president directly owned 1,181 shares of the company's stock, valued at approximately $188,960. The trade was a 77.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own  0.21% of the company's stock. </p><h2>Chevron Company Profile</h2> (Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Chevron</li><li>What is a SEC Filing?</li><li>3 Heavily Shorted Stocks That Could Pop on Rate Cuts</li><li>What is the Nikkei 225 index?    </li><li>Broadcom Gets Second $420 Target as CPO Win Boosts Outlook</li><li>Stock Sentiment Analysis: How it Works</li><li>PepsiCo’s Deep Discount Will Soon Evaporate: Buy It While You Can</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNWWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNWWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Chevron Right Now?</h2><p>Before you consider Chevron, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Chevron wasn't on the list.</p><p>While Chevron currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Applied Capital LLC FL acquired a new position in Chevron Corporation (NYSE:CVX) during the 2nd quarter, purchasing 2,555 shares valued at approximately $366,000. Other investors, including CCG Wealth Management and Ignite Planners, also adjusted their stakes in Chevron. The stock opened at $149.11, down 1.7%, with a market cap of $257.66 billion. Chevron reported $1.77 EPS for the last quarter, exceeding estimates, and declared a quarterly dividend of $1.71. Analysts have mixed ratings on the stock, with price targets ranging from $158.00 to $192.00.</p>

Applied Capital LLC FL Takes Position in Chevron Corporation $CVX