Chevron (NYSE:CVX) Stock Price Down 1.8% on Insider Selling

Shares of Chevron Corporation (NYSE:CVX) were down 1.8% during trading on Tuesday following insider selling activity. The company traded as low as $178.74 and last traded at $180.39. Approximately 9,803,135 shares traded hands during trading, a decline of 23% from the average daily volume of 12,657,099 shares. The stock had previously closed at $183.74.

Specifically, insider Andrew Benjamin Walz sold 666 shares of Chevron stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $183.40, for a total value of $122,144.40. Following the sale, the insider owned 1,463 shares of the company’s stock, valued at approximately $268,314.20. This trade represents a 31.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Thomas Ryder Booth sold 1,122 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $182.37, for a total transaction of $204,619.14. Additional details regarding this sale are available in the official SEC disclosure. In other news, CTO Thomas Ryder Booth sold 11,076 shares of Chevron stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $184.40, for a total value of $2,042,414.40. Following the sale, the chief technology officer owned 1,122 shares in the company, valued at $206,896.80. This trade represents a 90.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on CVX shares. Argus set a $203.00 price target on shares of Chevron in a research report on Tuesday, February 3rd. Jefferies Financial Group raised their target price on Chevron from $174.00 to $189.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Wells Fargo & Company boosted their price target on Chevron from $196.00 to $204.00 and gave the stock an “overweight” rating in a research report on Monday, February 2nd. HSBC lowered Chevron from a “buy” rating to a “hold” rating and set a $180.00 price objective on the stock. in a report on Monday, February 2nd. Finally, Morgan Stanley dropped their target price on shares of Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. Thirteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, Chevron presently has a consensus rating of “Hold” and an average target price of $176.36.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron-led consortium awarded four offshore lease blocks in Greece, giving Chevron a 70% operating interest and expanding its Mediterranean exploration footprint — a tangible long‑term growth/reserves catalyst. Article Title
• Positive Sentiment: Chevron announced a larger dividend payout to shareholders, reinforcing its income appeal for yield‑seeking investors as Treasury yields have softened. This supports investor demand for blue‑chip energy dividend names. Article Title
• Neutral Sentiment: CVX is a trending ticker on Zacks and other outlets; several write‑ups are re‑examining Chevron’s outlook and positioning relative to peers, which can increase short‑term volume and volatility without changing fundamentals. Article Title
• Neutral Sentiment: Sector commentary notes that integrated energy names like Chevron are generating strong cash flow but still trade at discounts to the broader market — a mixed signal that may keep valuation debates active among investors. Article Title
• Negative Sentiment: Despite Melius Research upgrading CVX to a “buy” and raising its price target to $205 (from $155), the market largely ignored the move and shares declined — suggesting the upgrade alone isn’t changing investor conviction and that short‑term selling/rotation is outweighing fresh positive analyst views. Article Title

Chevron Price Performance

The stock has a market cap of $363.22 billion, a PE ratio of 25.10, a price-to-earnings-growth ratio of 12.16 and a beta of 0.70. The stock’s fifty day moving average is $163.21 and its 200-day moving average is $157.68. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86.

Chevron (NYSE:CVX) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.08. The business had revenue of $45.79 billion during 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% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.06 EPS. As a group, equities analysts anticipate that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be paid a $1.78 dividend. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $7.12 annualized dividend and a dividend yield of 3.9%. Chevron’s dividend payout ratio is currently 102.70%.

Hedge Funds Weigh In On Chevron

A number of hedge funds have recently modified their holdings of the business. D.B. Root & Company LLC increased its position in shares of Chevron by 1.0% during the fourth quarter. D.B. Root & Company LLC now owns 5,552 shares of the oil and gas company’s stock worth $846,000 after acquiring an additional 57 shares in the last quarter. Fox Hill Wealth Management boosted its stake in Chevron by 1.7% in the 4th quarter. Fox Hill Wealth Management now owns 3,443 shares of the oil and gas company’s stock worth $525,000 after purchasing an additional 57 shares during the period. Cornerstone Planning Group LLC increased its holdings in Chevron by 6.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 930 shares of the oil and gas company’s stock worth $142,000 after purchasing an additional 59 shares in the last quarter. MMA Asset Management LLC increased its holdings in Chevron by 3.4% during the 4th quarter. MMA Asset Management LLC now owns 1,820 shares of the oil and gas company’s stock worth $277,000 after purchasing an additional 59 shares in the last quarter. Finally, EWA LLC raised its stake in shares of Chevron by 2.8% in the 4th quarter. EWA LLC now owns 2,182 shares of the oil and gas company’s stock valued at $333,000 after purchasing an additional 59 shares during the period. 72.42% of the stock is currently owned by hedge funds and other institutional investors.

Chevron Company Profile

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.