Chevron stock is trading -20.67% below its average target price of $170.72 after marking a 1.3% during today's morning session. Analysts are giving the Large-Cap Oil & Gas Integrated company an average rating of buy and target prices ranging from $140.0 to $197.0 per share.
Chevron's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.6%. The stock's short ratio is 6.71. The company's insiders own 6.86% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 70.8%. In conclusion, we believe there is positive market sentiment regarding Chevron.
Institutions Invested in Chevron
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Vanguard Group Inc | 9% | 156,967,725 | $21,257,275,597 |
| 2024-12-31 | State Street Corporation | 8% | 149,679,338 | $20,270,249,435 |
| 2024-12-31 | Blackrock Inc. | 7% | 121,643,094 | $16,473,455,124 |
| 2024-12-31 | Berkshire Hathaway, Inc | 7% | 118,610,534 | $16,062,772,203 |
| 2024-12-31 | Geode Capital Management, LLC | 2% | 36,269,270 | $4,911,747,737 |
| 2024-12-31 | Morgan Stanley | 2% | 34,466,116 | $4,667,556,509 |
| 2024-12-31 | Charles Schwab Investment Management, Inc. | 2% | 31,855,566 | $4,314,024,082 |
| 2024-12-31 | Bank of America Corporation | 1% | 25,320,235 | $3,428,980,152 |
| 2024-12-31 | JPMORGAN CHASE & CO | 1% | 21,361,082 | $2,892,813,838 |
| 2024-12-31 | NORGES BANK | 1% | 20,835,056 | $2,821,577,031 |
