Chevron Corporation (NYSE:CVX - Get Free Report) CTO Thomas Ryder Booth sold 6,000 shares of the company's stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $178.43, for a total value of $1,070,580.00. Following the completion of the transaction, the chief technology officer owned 476 shares of the company's stock, valued at $84,932.68. The trade was a 92.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
Chevron Stock Down 1.1%
CVX opened at $179.20 on Friday. The company has a market capitalization of $360.83 billion, a P/E ratio of 26.91, a P/E/G ratio of 12.49 and a beta of 0.70. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. The firm's fifty day moving average price is $158.70 and its two-hundred day moving average price is $156.19. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $182.59.
Chevron (NYSE:CVX - Get Free Report) last released its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, topping analysts' consensus estimates of $1.44 by $0.08. The company had revenue of $45.79 billion during the quarter, compared to the consensus estimate of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 8.23%. The firm's revenue for the quarter was down 10.2% compared to the same quarter last year. During the same period last year, the firm earned $2.06 EPS. On average, analysts anticipate that Chevron Corporation will post 10.79 EPS for the current year.
Chevron Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be issued a dividend of $1.78 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This is a positive change from Chevron's previous quarterly dividend of $1.71. This represents a $7.12 dividend on an annualized basis and a yield of 4.0%. Chevron's dividend payout ratio (DPR) is presently 106.91%.
Institutional Trading of Chevron
A number of institutional investors have recently bought and sold shares of CVX. GSA Capital Partners LLP acquired a new stake in shares of Chevron during the fourth quarter worth $909,000. Larson Financial Group LLC grew its holdings in Chevron by 23.4% during the fourth quarter. Larson Financial Group LLC now owns 26,113 shares of the oil and gas company's stock valued at $3,980,000 after purchasing an additional 4,959 shares during the period. McKinley Carter Wealth Services Inc. grew its holdings in Chevron by 2.4% during the fourth quarter. McKinley Carter Wealth Services Inc. now owns 25,241 shares of the oil and gas company's stock valued at $3,847,000 after purchasing an additional 597 shares during the period. Csenge Advisory Group raised its holdings in Chevron by 9.6% in the fourth quarter. Csenge Advisory Group now owns 41,032 shares of the oil and gas company's stock worth $6,254,000 after purchasing an additional 3,590 shares during the period. Finally, Integral Investment Advisors Inc. boosted its position in shares of Chevron by 3.4% during the fourth quarter. Integral Investment Advisors Inc. now owns 16,475 shares of the oil and gas company's stock worth $2,511,000 after purchasing an additional 545 shares in the last quarter. Institutional investors and hedge funds own 72.42% of the company's stock.
Wall Street Analyst Weigh In
CVX has been the topic of a number of analyst reports. BMO Capital Markets reiterated an "outperform" rating and issued a $190.00 price target on shares of Chevron in a research report on Monday. Sanford C. Bernstein increased their target price on shares of Chevron from $170.00 to $172.00 and gave the stock a "market perform" rating in a research report on Monday, January 5th. Morgan Stanley reduced their price target on shares of Chevron from $180.00 to $174.00 and set an "overweight" rating on the stock in a research report on Friday, January 23rd. Wall Street Zen raised shares of Chevron from a "sell" rating to a "hold" rating in a report on Saturday, January 31st. Finally, Freedom Capital downgraded Chevron from a "hold" rating to a "strong sell" rating in a report on Tuesday, January 6th. Twelve research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $175.00.
View Our Latest Stock Report on CVX
Key Headlines Impacting Chevron
Here are the key news stories impacting Chevron this week:
- Positive Sentiment: Analyst upgrade pushed CVX to a new 12‑month high and triggered intraday buying, supporting the rally. Article Title
- Positive Sentiment: Chevron signed an initial exploration MOU for offshore Syrian waters with a Qatari partner — a potential long‑term production upside if projects proceed (geopolitical and sanction risk remain). Article Title
- Positive Sentiment: Reports say Chevron and Exxon are pursuing expansion in OPEC‑linked countries as U.S. policy shifts open deal opportunities — this can accelerate reserves and production growth if executed. Article Title
- Positive Sentiment: Macro tailwinds: energy sector strength, higher oil demand forecasts and Chevron’s 2026 guidance (targeting ~10% cash‑flow and production CAGR) underpin bullish sentiment. Article Title
- Neutral Sentiment: Senior leadership reshuffle announced for 2026 — internal promotions and retirements may be orderly succession but are unlikely to move fundamentals immediately. Article Title
- Neutral Sentiment: Valuation checks and analyst commentary note CVX has run up in recent weeks — some investors are debating whether gains are priced in after January’s strong performance. Article Title
- Negative Sentiment: Significant insider selling reported: CFO, vice chairman, CTO and other senior execs disclosed large share sales (multi‑million dollar transactions) over Feb. 3–5 — this can be perceived as profit‑taking or governance red flag and may weigh on sentiment. Article Title
- Negative Sentiment: Q4 report: EPS beat but revenue missed — revenue is down year‑over‑year, highlighting near‑term demand/price pressure even as cash‑flow guidance looks constructive. Article Title
Chevron Company Profile
(
Get Free Report)
Chevron Corporation (NYSE: CVX) 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.
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.
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