Andrew Benjamin Walz Sells 666 Shares of Chevron (NYSE:CVX) Stock

Chevron Corporation (NYSE:CVX) insider Andrew Benjamin Walz sold 666 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $183.40, for a total transaction of $122,144.40. Following the completion of the transaction, the insider directly owned 1,463 shares in the company, valued at $268,314.20. This trade represents a 31.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Andrew Benjamin Walz also recently made the following trade(s):

• On Tuesday, February 3rd, Andrew Benjamin Walz sold 22,200 shares of Chevron stock. The stock was sold at an average price of $176.53, for a total value of $3,918,966.00.

Chevron Price Performance

CVX opened at $183.75 on Thursday. Chevron Corporation has a 1 year low of $132.04 and a 1 year high of $186.52. 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 company has a market capitalization of $369.98 billion, a price-to-earnings ratio of 27.59, a P/E/G ratio of 11.95 and a beta of 0.70. The firm’s fifty day moving average price is $164.50 and its two-hundred day moving average price is $158.06.

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

Chevron Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be given 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 dividend yield of 3.9%. Chevron’s dividend payout ratio (DPR) is 106.91%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Zacks Research raised Chevron from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Morgan Stanley reduced their price target on shares of Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Scotiabank reaffirmed a “sector perform” rating and issued a $168.00 price objective on shares of Chevron in a research report on Friday, January 16th. Mizuho boosted their target price on shares of Chevron from $204.00 to $206.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Finally, Wells Fargo & Company raised their price target on shares of Chevron from $196.00 to $204.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. Thirteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $176.36.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron-led consortium won four ultra‑deepwater offshore lease blocks in Greece (Chevron to be operator with ~70% interest) — a concrete reserves/exploration catalyst that supports long‑term upstream optionality. Read More.
• Positive Sentiment: Chevron raised its quarterly dividend to $1.78 (annualized $7.12), reinforcing its income appeal for yield‑seeking investors as Treasury yields have softened — supporting demand from dividend-focused funds. Read More.
• Positive Sentiment: An analyst upgrade (Melius Research: hold→buy, PT to $205) adds a fresh bullish view and a higher price target for CVX, which can attract some buy‑side interest even if short‑term impact is mixed. Read More.
• Neutral Sentiment: Macro/sector tailwinds: energy names are outperforming the S&P YTD, helping integrated majors like Chevron catch flows and attention — supportive for relative performance but also tied to commodity/rotation dynamics. Read More.
• Neutral Sentiment: Coverage and comparisons (Chevron vs. Exxon, vs. ConocoPhillips) have increased; this drives volume and debate over valuation vs. peers without immediately changing fundamentals. Read More.
• Neutral Sentiment: Retail/analysis interest: CVX is a trending ticker on outlets like Zacks and 24/7 Wall St., which can lift intraday activity but not necessarily change fundamentals. Read More.
• Negative Sentiment: Notable insider selling: recent Form 4 filings show multiple sales by executives (including Andrew Walz and CTO Thomas Ryder Booth), which investors often view as a cautionary sign even when company‑wide insiders still hold meaningful stakes. Read More.
• Negative Sentiment: Market shrugged off the Melius upgrade (shares initially dipped after the note), suggesting upgrades alone aren’t shifting investor conviction; short‑term rotation and profit‑taking may mute upside. Read More.

Institutional Trading of Chevron

Institutional investors have recently modified their holdings of the business. Castellan Group lifted its holdings in shares of Chevron by 10.7% in the second quarter. Castellan Group now owns 20,405 shares of the oil and gas company’s stock worth $2,922,000 after buying an additional 1,965 shares in the last quarter. United Bank increased its holdings in Chevron by 7.7% during the 2nd quarter. United Bank now owns 11,079 shares of the oil and gas company’s stock worth $1,586,000 after acquiring an additional 796 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Chevron in the 2nd quarter worth approximately $20,701,000. Chicago Partners Investment Group LLC lifted its stake in Chevron by 12.5% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 21,246 shares of the oil and gas company’s stock worth $3,253,000 after purchasing an additional 2,362 shares in the last quarter. Finally, Balboa Wealth Partners boosted its holdings in Chevron by 25.8% in the 2nd quarter. Balboa Wealth Partners now owns 4,471 shares of the oil and gas company’s stock valued at $640,000 after purchasing an additional 916 shares during the period. 72.42% of the stock is currently owned by hedge funds and other institutional investors.

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.