<div id="readability-page-1"><p>Fruth Investment Management grew its holdings in shares of  Chevron Corporation (NYSE:CVX - Free Report) by 14.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,493 shares of the oil and gas company's stock after purchasing an additional 6,652 shares during the quarter. Chevron makes up   2.2% of Fruth Investment Management's investment portfolio, making the stock its 8th largest holding. Fruth Investment Management's holdings in Chevron were worth $7,996,000 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>Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC raised its position in  Chevron by 652,139.5% in the second quarter. Kingstone Capital Partners Texas LLC now owns 83,714,936 shares of the oil and gas company's stock worth $13,214,757,000 after acquiring an additional 83,702,101 shares during the period.  Norges Bank purchased a new stake in shares of  Chevron during the 2nd quarter worth approximately $2,721,477,000.  Laurel Wealth Advisors LLC raised its holdings in shares of  Chevron by 14,194.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,722,217 shares of the oil and gas company's stock worth $532,984,000 after purchasing an additional 3,696,177 shares during the period.  Berkshire Hathaway Inc raised its holdings in shares of  Chevron by 2.9% in the 2nd quarter. Berkshire Hathaway Inc now owns 122,064,792 shares of the oil and gas company's stock worth $17,478,458,000 after purchasing an additional 3,454,258 shares during the period.  Finally, Charles Schwab Investment Management Inc. grew its holdings in  Chevron by 4.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 34,772,753 shares of the oil and gas company's stock valued at $4,979,255,000 after purchasing an additional 1,342,723 shares during the period. 72.42% of the stock is owned by hedge funds and other institutional investors. </p><h2>Chevron Price Performance</h2><p>CVX stock opened at $150.95 on Tuesday. The firm has a 50 day moving average of $152.04 and a 200-day moving average of $152.92. The firm has a market capitalization of $303.93 billion, a P/E ratio of 21.23, a price-to-earnings-growth ratio of 9.00 and a beta of 0.68. Chevron Corporation has a 12 month low of $132.04 and a 12 month 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. </p><ul><li>As Warren Buffett Nears His Exit, Berkshire's Amassed Record Cash</li></ul><p>Chevron (NYSE:CVX - Get Free Report) last posted its earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share (EPS) for the quarter, topping 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 business 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 EPS. The business's revenue for the quarter was down 1.9% compared to the same quarter last year.  As a group, sell-side analysts predict that  Chevron Corporation will post 10.79 earnings per share for the current fiscal year. </p><h2>Chevron Dividend Announcement</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 dividend of $1.71 per share. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $6.84 annualized dividend and a yield of 4.5%. Chevron's dividend payout ratio (DPR) is currently 96.20%. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>3 Defensive Stocks to Buy as Economic Uncertainty Lingers</li></ul><p>Several brokerages have issued reports on CVX. Weiss Ratings  restated a &#34;hold (c)&#34; rating on shares of Chevron in a research note on Wednesday, October 8th. Barclays decreased their price objective on Chevron from $160.00 to $158.00 and set an &#34;equal weight&#34; rating for the company in a report on Tuesday, October 7th. Wall Street Zen raised shares of Chevron from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a report on Saturday, November 8th. Zacks Research upgraded shares of Chevron from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report on Tuesday, December 23rd. Finally, Mizuho boosted their price target on shares of Chevron from $204.00 to $206.00 and gave the company an &#34;outperform&#34; rating in a research report on Friday, December 12th. One investment 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 issued  a Sell rating to the company. Based on data from MarketBeat, Chevron presently has a consensus rating of &#34;Hold&#34; and a consensus price target of $166.00.</p><p><b>Check Out Our Latest Analysis on CVX</b></p><h2>Insider Buying and Selling</h2><p>In other Chevron news, Director John B. Hess sold 275,000 shares of the company's 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 transaction, the director directly owned 1,128,045 shares in the company, valued at $170,052,783.75. This represents a 19.60% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. 0.20% of the stock is currently owned by insiders. </p><h2>About Chevron</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>Read More</h2><ul><li>Five stocks we like better than Chevron</li><li>Wall Street Stockpicker Names #1 Stock of 2026</li><li>Do not delete, read immediately</li><li>Trade this between 9:30 and 10:45 am EST</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>Your “birthright claim” just got activated</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>Fruth Investment Management increased its stake in Chevron Corporation (NYSE:CVX) by 14.8% in Q3, owning 51,493 shares valued at approximately $8 million. Other institutional investors also adjusted their positions, with significant increases from Kingstone Capital Partners and Berkshire Hathaway. Chevron's stock opened at $150.95, with a market cap of $303.93 billion. The company reported Q3 earnings of $1.85 per share, exceeding estimates, and announced a quarterly dividend of $1.71 per share, yielding 4.5%. Analysts have mixed ratings on the stock, with some upgrades and downgrades recently.</p>

Fruth Investment Management Has $8 Million Stake in Chevron Corporation $CVX