<div id="readability-page-1"><p>Calamos Advisors LLC lifted its position in shares of  Chevron Corporation (NYSE:CVX - Free Report) by 54.6% in the third quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The fund owned 635,452 shares of the oil and gas company's stock after buying an additional 224,425 shares during the period. Calamos Advisors LLC's holdings in Chevron were worth $98,679,000 as of its most recent SEC filing.</p><ul><li>Oil Prices May Fall to $55 by 2026—Bad News for This Energy ETF</li></ul><p>Several other large investors have also made changes to their positions in CVX. Quaker Wealth Management LLC increased its stake in  Chevron by 197.7% during the second quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company's stock worth $31,000 after acquiring an additional 439 shares during the last quarter.  Vermillion &amp; White Wealth Management Group LLC grew its holdings in shares of  Chevron by 86.1% during the 2nd quarter. Vermillion &amp; White Wealth Management Group LLC now owns 255 shares of the oil and gas company's stock worth $37,000 after purchasing an additional 118 shares during the period.  IMG Wealth Management Inc. increased its position in  Chevron by 52.3% during the 2nd quarter. IMG Wealth Management Inc. now owns 265 shares of the oil and gas company's stock worth $38,000 after purchasing an additional 91 shares in the last quarter.  GFG Capital LLC purchased a new position in  Chevron in the second quarter valued at approximately $42,000.  Finally, LFA Lugano Financial Advisors SA lifted its position in  Chevron by 106.7% during the second quarter. LFA Lugano Financial Advisors SA now owns 310 shares of the oil and gas company's stock valued at $44,000 after buying an additional 160 shares in the last quarter. 72.42% of the stock is owned by hedge funds and other institutional investors. </p><h2>Analysts Set New Price Targets</h2><p>A number of brokerages have recently commented on CVX. Bank of America cut their target price on shares of Chevron from $183.00 to $180.00 and set a &#34;buy&#34; rating on the stock in a research note on Thursday, December 11th. UBS Group  reiterated a &#34;buy&#34; rating on shares of Chevron in a report on Monday, December 1st. Barclays cut their price objective on Chevron from $160.00 to $158.00 and set an &#34;equal weight&#34; rating on the stock in a research report on Tuesday, October 7th. Scotiabank upped their target price on Chevron from $160.00 to $165.00 and gave the stock a &#34;sector perform&#34; rating in a research report on Thursday, October 9th. Finally, Piper Sandler dropped their target price on Chevron from $171.00 to $169.00 and set an &#34;overweight&#34; rating on the stock in a report on Monday, November 10th. One equities research analyst  has rated the stock with a Strong Buy rating, eleven have issued  a Buy rating, eight have assigned  a Hold rating and three have assigned  a Sell rating to the company. Based on data from MarketBeat, Chevron  has an average rating of &#34;Hold&#34; and a consensus target price of $166.00.</p><ul><li>As Warren Buffett Nears His Exit, Berkshire's Amassed Record Cash</li></ul><p><b>Check Out Our Latest Report on CVX</b></p><h2>Chevron Stock Performance</h2><p>Chevron stock opened at $152.44 on Thursday. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $168.96. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. The stock has a market cap of $306.94 billion, a P/E ratio of 21.44, a price-to-earnings-growth ratio of 9.14 and a beta of 0.68. The stock has a 50 day moving average of $151.95 and a 200-day moving average of $152.97. </p><ul><li>3 Defensive Stocks to Buy as Economic Uncertainty Lingers</li></ul><p>Chevron (NYSE:CVX - Get Free Report) last posted its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.71 by $0.14. Chevron had a net margin of 6.57% and a return on equity of 8.74%. The firm had revenue of $48.17 billion for the quarter, compared to analysts' expectations of $46.99 billion. During the same period in the prior year, the company posted $2.48 earnings per share. The firm's quarterly revenue was down 1.9% on a year-over-year basis.  On average, analysts expect that  Chevron Corporation will post 10.79 EPS for the current fiscal year. </p><h2>Chevron Announces Dividend</h2><p>The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 18th were paid a $1.71 dividend. This represents a $6.84 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Tuesday, November 18th. Chevron's dividend payout ratio  is 96.20%. </p><h2>Insider Activity at Chevron</h2><p>In related news, Director John B. Hess sold 275,000 shares of Chevron stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $150.75, for a total value of $41,456,250.00. Following the completion of the transaction, the director directly owned 1,128,045 shares in the company, valued at approximately $170,052,783.75. This trade represents a 19.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this link. Insiders own  0.21% of the company's stock. </p><h2>Chevron Company Profile</h2> (Free Report)<p>Chevron Corporation <span>NYSE: CVX<span></span></span> 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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Chevron</li><li>The Best $1 You'll Spend This Holiday Season</li><li>Holiday surprise: $1 gets you everything</li><li>America’s “most deplorable” Christmas sale</li><li>Market Panic: Trump Just Dropped a Bomb on Your Stocks</li><li>Your family's wealth expires in 2026?</li></ul><p><strong>Want to see what other hedge funds are holding CVX?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chevron Corporation (NYSE:CVX - Free Report).</p><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 reporting and unbiased coverage. 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>Calamos Advisors LLC increased its stake in Chevron Corporation (NYSE:CVX) by 54.6% in Q3, owning 635,452 shares valued at $98.68 million. Other investors also raised their positions in Chevron. Analysts have mixed ratings on the stock, with a consensus target price of $166.00. Chevron's stock opened at $152.44, with a 52-week range of $132.04 to $168.96. The company reported Q3 earnings of $1.85 per share, exceeding estimates, with revenue of $48.17 billion. Chevron also announced a quarterly dividend paid on December 10th.</p>

Chevron Corporation $CVX Shares Bought by Calamos Advisors LLC