Chevron (NYSE:CVX) Insider Sells $3,918,966.00 in Stock

Chevron Corporation (NYSE:CVX) insider Andrew Benjamin Walz sold 22,200 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $176.53, for a total transaction of $3,918,966.00. Following the completion of the transaction, the insider owned 666 shares in the company, valued at approximately $117,568.98. The trade was a 97.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Chevron Stock Down 1.1%

Shares of CVX stock traded down $2.03 during mid-day trading on Thursday, hitting $179.20. The company’s stock had a trading volume of 10,443,539 shares, compared to its average volume of 13,497,938. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 1.15. Chevron Corporation has a 52-week low of $132.04 and a 52-week high of $182.59. The stock has a market cap of $360.83 billion, a price-to-earnings ratio of 26.91, a PEG ratio of 12.50 and a beta of 0.70. The business has a 50-day moving average price of $158.11 and a 200 day moving average price of $156.02.

Chevron (NYSE:CVX) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.08. The business had revenue of $45.79 billion for the quarter, compared to analysts’ expectations of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 8.23%. The business’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.06 EPS. Research analysts predict that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be issued a $1.78 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $7.12 dividend on an annualized basis and a yield of 4.0%. This is an increase from Chevron’s previous quarterly dividend of $1.71. Chevron’s payout ratio is 102.70%.

Wall Street Analyst Weigh In

CVX has been the subject of a number of research reports. BMO Capital Markets restated an “outperform” rating and set a $190.00 target price on shares of Chevron in a research report on Monday. Morgan Stanley dropped their target price on shares of Chevron from $180.00 to $174.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. HSBC cut shares of Chevron from a “buy” rating to a “hold” rating and set a $180.00 price target for the company. in a research report on Monday. Hsbc Global Res downgraded shares of Chevron from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Finally, Jefferies Financial Group raised their price target on shares of Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Twelve analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $175.00.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Company raised its quarterly dividend (to $1.78) and markets are re-emphasizing Chevron’s cash-return story, which supports demand from income-focused investors. Dividend Hike Coverage
• Positive Sentiment: Analyst support and target increases (several buy/overweight notes and price-target bumps) have helped push sentiment and contributed to recent gains. Analyst Upgrade / 12-Month High
• Positive Sentiment: Chevron signed an initial memorandum to explore offshore Syrian waters with a Qatari partner — a potential long‑term production growth opportunity if geopolitical and sanction issues can be managed. Reuters: Syrian waters deal
• Neutral Sentiment: Q4 results were mixed — EPS beat modestly but revenue and net income fell year‑over‑year; that supports the cash‑flow narrative but tempers upside from growth metrics. Q4 Presentation
• Neutral Sentiment: Senior leadership changes were announced for strategy, trading and business development — internal promotions reduce execution risk but are not an immediate earnings catalyst. Reuters: leadership changes
• Negative Sentiment: Significant insider selling disclosed this week (CFO, Vice Chairman, other senior officers) — large, concentrated disposals have spooked some investors and can create short‑term downward pressure on the stock. SEC Form 4 (CFO sale)
• Negative Sentiment: Oil prices slipped after geopolitical risk eased (U.S.–Iran tensions cooled), reducing the sector’s near‑term revenue outlook and weighing on integrated majors like Chevron. Oil Price Slide
• Negative Sentiment: Some shops (HSBC, others) have trimmed estimates or moved to Hold, warning that much of Chevron’s rally may be priced in — such notes can cap further upside. HSBC Cut

Institutional Investors Weigh In On Chevron

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Venturi Wealth Management LLC lifted its stake in shares of Chevron by 2.7% in the 2nd quarter. Venturi Wealth Management LLC now owns 38,489 shares of the oil and gas company’s stock valued at $5,511,000 after purchasing an additional 1,005 shares during the last quarter. Sax Wealth Advisors LLC raised its holdings in Chevron by 9.1% in the 2nd quarter. Sax Wealth Advisors LLC now owns 9,940 shares of the oil and gas company’s stock valued at $1,423,000 after buying an additional 832 shares during the period. REAP Financial Group LLC lifted its position in Chevron by 110.1% in the second quarter. REAP Financial Group LLC now owns 704 shares of the oil and gas company’s stock valued at $101,000 after buying an additional 369 shares during the last quarter. Spectrum Asset Management Inc. NB CA boosted its stake in Chevron by 7.4% during the second quarter. Spectrum Asset Management Inc. NB CA now owns 35,244 shares of the oil and gas company’s stock worth $5,047,000 after buying an additional 2,422 shares during the period. Finally, Lakeshore Capital Group Inc. increased its position in shares of Chevron by 18.5% during the second quarter. Lakeshore Capital Group Inc. now owns 5,140 shares of the oil and gas company’s stock valued at $736,000 after acquiring an additional 803 shares during the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

About Chevron

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.