<div id="readability-page-1"><p>Oak Thistle LLC acquired a new position in shares of  Chevron Corporation (NYSE:CVX - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The fund acquired 18,741 shares of the oil and gas company's stock, valued at approximately $2,910,000.</p><ul><li>Oil Prices May Fall to $55 by 2026—Bad News for This Energy ETF</li></ul><p>Several other institutional investors and hedge funds also recently made changes to their positions in the company. Quaker Wealth Management LLC grew its holdings in  Chevron by 197.7% in the 2nd quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company's stock valued at $31,000 after buying an additional 439 shares in the last quarter.  Vermillion &amp; White Wealth Management Group LLC lifted its holdings in shares of  Chevron by 86.1% during the second quarter. Vermillion &amp; White Wealth Management Group LLC now owns 255 shares of the oil and gas company's stock worth $37,000 after buying an additional 118 shares in the last quarter.  IMG Wealth Management Inc. boosted its position in shares of  Chevron by 52.3% in the second quarter. IMG Wealth Management Inc. now owns 265 shares of the oil and gas company's stock valued at $38,000 after acquiring an additional 91 shares during the period.  GFG Capital LLC acquired a new position in shares of  Chevron in the second quarter valued at about $42,000.  Finally, LFA Lugano Financial Advisors SA increased 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 worth $44,000 after acquiring an additional 160 shares during the period. Institutional investors and hedge funds own  72.42% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>Several brokerages have weighed in on CVX. Wells Fargo &amp; Company lifted their price objective on shares of Chevron from $190.00 to $196.00 and gave the stock an &#34;overweight&#34; rating in a research note on Friday, November 14th. HSBC  set a $169.00 target price on shares of Chevron and gave the stock a &#34;buy&#34; rating in a report on Monday, December 1st. Morgan Stanley boosted their price target on Chevron from $177.00 to $180.00 and gave the company an &#34;overweight&#34; rating in a research note on Thursday, November 13th. Hsbc Global Res raised Chevron from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Monday, December 1st. Finally, Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Chevron in a report on Wednesday, October 8th. One research analyst  has rated the stock with a Strong Buy rating, eleven have issued  a Buy rating, seven have issued  a Hold rating and four have assigned  a Sell rating to the stock. According to data from MarketBeat, Chevron currently has a consensus rating of &#34;Hold&#34; and an average price target of $166.00.</p><ul><li>As Warren Buffett Nears His Exit, Berkshire's Amassed Record Cash</li></ul><p><b>Get Our Latest Stock Analysis on Chevron</b></p><h2>Chevron Stock Performance</h2><p>Shares of NYSE:CVX opened at $146.81 on Wednesday. Chevron Corporation has a 1 year low of $132.04 and a 1 year high of $168.96. The stock has a market capitalization of $295.60 billion, a price-to-earnings ratio of 20.65, a price-to-earnings-growth ratio of 8.90 and a beta of 0.68. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. The company's 50 day simple moving average is $152.50 and its 200 day simple moving average is $152.35. </p><ul><li>3 Defensive Stocks to Buy as Economic Uncertainty Lingers</li></ul><p>Chevron (NYSE:CVX - Get Free Report) last released its earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.14. Chevron had a return on equity of 8.74% and a net margin of 6.57%.The firm had revenue of $48.17 billion during the quarter, compared to analysts' expectations of $46.99 billion. During the same period in the prior year, the company earned $2.48 earnings per share. The company's quarterly revenue was down 1.9% on a year-over-year basis.  As a group, research analysts predict that  Chevron Corporation will post 10.79 EPS for the current fiscal year. </p><h2>Chevron Announces Dividend</h2><p>The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Tuesday, November 18th were paid a $1.71 dividend. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $6.84 annualized dividend and a yield of 4.7%. Chevron's dividend payout ratio (DPR) is 96.20%. </p><h2>Insider Transactions at Chevron</h2><p>In other Chevron news, Director John B. Hess sold 275,000 shares of the business's stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $150.75, for a total transaction of $41,456,250.00. Following the completion of the transaction, the director owned 1,128,045 shares of the company's stock, valued at approximately $170,052,783.75. The trade was a 19.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. 0.20% of the stock is currently owned by corporate insiders. </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>Read More</h2><ul><li>Five stocks we like better than Chevron</li><li>What is MarketRank™? How to Use it</li><li>Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart Buy</li><li>Financial Services Stocks Investing</li><li>RTX Surges to Record Highs as Defense Orders Explode</li><li>Utilities Stocks Explained – How and Why to Invest in Utilities</li><li>Smart Money Is Buying Auto Suppliers, Not Car Brands</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 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>Oak Thistle LLC acquired 18,741 shares of Chevron Corporation, valued at $2.91 million, in Q3. Several institutional investors adjusted their Chevron holdings. Analysts have mixed ratings, with a consensus "Hold" and an average price target of $166. Chevron's stock opened at $146.81, with a market cap of $295.60 billion. The company reported Q3 earnings of $1.85 per share, beating estimates. Chevron announced a quarterly dividend of $1.71 per share.</p>

Oak Thistle LLC Purchases Shares of 18,741 Chevron Corporation $CVX