Barings LLC Decreased Position in Chevron Corporation\n\nBarings LLC decreased its holdings in shares of Chevron Corporation (NYSE:CVX) by 43.8% in the first quarter, according to the company's most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,794 shares of the oil and gas company's stock after selling 34,874 shares during the period. Barings LLC's holdings in Chevron were worth $7,494,000 at the end of the most recent quarter.\n\nSeveral other hedge funds and institutional investors have recently made changes to their positions in Chevron. Harvest Fund Management Co. Ltd increased its holdings by 420.7% during the first quarter, now owning 151 shares valued at $25,000 after purchasing an additional 122 shares. 10Elms LLP purchased a new stake valued at $33,000 during the fourth quarter. IFS Advisors LLC increased its holdings by 119.6% during the first quarter, now owning 213 shares valued at $36,000 after buying an additional 116 shares.\n\nChevron Stock Performance\nOpened at $151.33 on Friday. Debt-to-equity ratio of 0.17, quick ratio of 0.82, and current ratio of 1.08. Fifty-two day moving average is $146.86, and two-hundred day moving average is $148.87. Market capitalization is $264.28 billion, PE ratio is 17.29, P/E/G ratio is 2.39, and beta is 0.87. Fifty-two week low is $132.04, and fifty-two week high is $168.96. The company last posted its quarterly earnings data on August 1st, reporting $1.77 earnings per share, compared to analysts' expectations of $1.58. Revenue was $44.82 billion for the quarter, down 12.4% year-over-year. Net margin was 7.76%, and return on equity was 10.73%.\n\nAnalyst Ratings\nPiper Sandler issued an 'overweight' rating on July 15th, and Evercore ISI issued an 'outperform' rating with a $180.00 price objective on Thursday. UBS Group lowered its rating to 'buy' from 'sell' with a $130.00 price objective on April 7th. Three analysts have rated Chevron with a 'sell' rating, six analysts have issued a 'hold' rating, and ten analysts have given a 'buy' rating. The average analyst rating is 'Hold' with a consensus price target of $163.18.

Barings LLC Decreases Position in Chevron Corporation (NYSE:CVX)

Barings LLC reduced its holdings in Chevron Corporation (NYSE:CVX) by 43.8% in Q1 2025, selling 34,874 shares to own 44,794 shares valued at $7.49 million. Other hedge funds like Harvest Fund Management Co. Ltd and IFS Advisors LLC increased their positions, while analysts issued mixed ratings, with a consensus price target of $163.18.