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King Luther Capital Management Corp Has 179.37 Million Stock Holdings in Chevron Co. NYSE:CVX

November 23, 2024
According to recent reports, King Luther Capital Management Corp, an investment management firm, has acquired 179.37 million stock holdings in Chevron Corporation (NYSE:CVX). This makes King Luther one of the top shareholders of the oil and gas giant. The move has attracted attention among investors, showcasing confidence in Chevron's growth prospects. With the global energy demand on the rise, Chevron's position in the industry makes it an appealing investment option. If you are considering adding dividend stocks to your portfolio, it might be worth considering Chevron Corporation and seeking professional advice on the future movement of its stock from experts at Stocks Prognosis.

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Investor opinions & comments:

Chevron's stock could be a reliable income source for dividend investors. It's always worth considering stocks with strong growth potential
— from MarketMason at 11-26-2024 20:12
Chevron's stock could be a great addition to a dividend-focused portfolio. It's always good to consider reliable income-generating stocks
— from GrowthGina at 11-26-2024 19:54
Chevron's position in the industry and its global energy demand make it an attractive investment option. This could be a good move by King Luther Capital Management Corp
— from SophiaHarris at 11-26-2024 16:44
Wow, that's quite a significant acquisition by King Luther Capital Management Corp. They must have a lot of confidence in Chevron's growth prospects
— from WealthyWyatt at 11-26-2024 02:50
Will King Luther Capital Management Corp's ownership have any significant impact on Chevron's operations or strategic decisions?
— from EquityEmma at 11-25-2024 16:43
Does anyone know what other companies King Luther Capital Management Corp has invested in? I'd be curious to see their overall portfolio
— from CarterPatterson at 11-25-2024 16:07
I'm skeptical about the long-term outlook for oil and gas companies given the global push towards decarbonization. Their profits could be affected
— from KatherineSanchez at 11-25-2024 11:50
King Luther Capital Management Corp's acquisition of Chevron's stock holdings speaks to the company's stability and potential for future growth
— from SavingsSam at 11-25-2024 06:59
I agree, seeking professional advice is crucial when considering investments. It's wise to consult experts and stay informed about the future movement of Chevron's stock
— from JaxonBarnes at 11-25-2024 03:31
I'm not entirely convinced about Chevron's growth potential. The industry is facing increasing pressures from renewable energy sources
— from CharlesScott at 11-25-2024 02:49
This news highlights the strong position of Chevron in the oil and gas industry. It's reassuring to see such confidence from a top shareholder
— from RachelLee at 11-24-2024 21:38
It's interesting to see that confidence in Chevron's growth prospects remains high despite the challenges faced by the oil and gas industry
— from FinanceFiona at 11-24-2024 09:49
It's encouraging to see confidence from top shareholders like King Luther Capital Management Corp. This could indicate positive prospects for Chevron's stock
— from MarketMatt at 11-24-2024 06:21
I wonder if this acquisition will drive up the stock price of Chevron. It seems like a good investment option with the rising global energy demand
— from CharlesScott at 11-23-2024 22:07
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Other news for CVX

CVXJune 17, 2025CHEVRON CORPORATION Stock Hits Price Target Forecast with 6.16% Profit: A Success Story for QuantWave  ~1 min.

On June 6, 2025, QuantWave issued a long signal for CHEVRON CORPORATION stock when it was trading at 140.21 $....

CVXJune 13, 2025CHEVRON CORPORATION Stock Hits Forecast Price Target with 6.58% Profit, Confirms QuantWave's Accuracy  ~2 min.

QuantWave, the automated forecasting platform, has once again proven its accuracy with the successful achievement of a price target forecast for CHEVRON CORPORATION stock....

CVXJune 12, 2025CHEVRON CORPORATION Hits Price Target Forecast with 6.05% Profit - QuantWave Success  ~1 min.

On May 30, 2025, QuantWave issued a long signal for CHEVRON CORPORATION with a price target forecast of $144.97. The stock was trading at $136....

CVXJune 11, 2025QuantWave Successfully Achieves 4.98% Profit in Chevron Corporation Stock Forecast  ~1 min.

QuantWave, the leading automated forecasting platform, has recently achieved a remarkable 4.98% profit in its price target forecast for Chevron Corporation (NYSE: CVX)....

CVXJune 11, 2025QuantWave Hits the Mark with Chevron Corporation, Delivering 5.91% Profit  ~2 min.

QuantWave, the innovative automated forecasting platform, has once again proven its accuracy with a successful price target forecast for CHEVRON CORPORATION....



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