AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- Institutional investors hold approximately 72% of Chevron's outstanding shares.
- Recent transactions include ING Groep NV acquiring 196,026 shares in the fourth quarter.
- Chevron's stock has experienced fluctuations, with a 52-week range between $135.37 and $167.11.
Overview of Chevron's Sector
Chevron Corporation operates within the energy sector, focusing on oil and gas exploration, production, refining, and marketing. As a major integrated energy company, Chevron plays a significant role in global energy markets, providing essential resources that power industries and households worldwide.
Institutional Ownership and Recent Transactions
Institutional investors, such as mutual funds, pension funds, and insurance companies, hold a substantial portion of Chevron's shares. As of the latest reports, these entities own approximately 72% of the company's outstanding shares. This significant level of institutional ownership indicates a strong interest and confidence in Chevron's operations and financial health.
Recent filings have highlighted notable transactions by institutional investors:
-
ING Groep NV: This financial institution increased its holdings by acquiring an additional 196,026 shares during the fourth quarter, reflecting a positive stance on Chevron's prospects.
-
CX Institutional: This firm expanded its position by 24.2% in the fourth quarter, adding 11,176 shares to its portfolio, totaling 57,357 shares.
-
Prosperitas Financial LLC: This company increased its stake in Chevron, indicating continued interest in the energy sector.
These transactions underscore the dynamic nature of institutional investments in Chevron, reflecting ongoing assessments of the company's performance and strategic direction.
Stock Performance Metrics
Chevron's stock has exhibited notable activity over the past year:
-
Trading Range: The stock has traded between $135.37 and $167.11, indicating a degree of volatility influenced by various market factors.
-
Recent Trading Activity: As of the latest data, shares opened at $156.57, with a market capitalization of approximately $281.36 billion. The company's price-to-earnings (P/E) ratio stands at 16.11, with a beta of 1.11, suggesting moderate volatility relative to the overall market.
-
Financial Ratios: Chevron maintains a debt-to-equity ratio of 0.13, a current ratio of 1.07, and a quick ratio of 0.80, reflecting a solid financial position and liquidity.
Stock Market Perspectives
Financial firms have provided insights into Chevron's market position:
-
Market Ratings: The company has received a consensus rating reflecting confidence in its market presence, with varying perspectives on its growth potential.
-
Stock Valuation: The average 1-year price outlook among financial firms is $174.13, based on recent market data and assessments.
Insider Transactions
Insider trading activities offer additional insights into the company's internal perspectives:
- CEO Michael K. Wirth: The Chief Executive Officer sold 164,600 shares recently, a transaction that may attract attention regarding internal views on the company's valuation.
Chevron's position within the energy sector is significantly influenced by institutional investors, who hold a majority of the company's shares. Recent transactions by entities such as ING Groep NV and CX Institutional highlight ongoing interest and adjustments in holdings. The stock's performance metrics, coupled with market perspectives and insider transactions, provide a comprehensive view of Chevron's current market standing.
