Chevron (NYSE:CVX) Stock Unloaded Rep. David Taylor

Representative David Taylor (Republican-Ohio) recently sold shares of Chevron Corporation (NYSE:CVX). In a filing disclosed on March 20th, the Representative disclosed that they had sold between $1,001 and $15,000 in Chevron stock on March 11th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 3/12/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 3/11/2026.
• Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 3/11/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/11/2026.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/26/2026.

Chevron Stock Performance

Shares of NYSE CVX traded down $1.15 during midday trading on Wednesday, reaching $205.65. 5,329,148 shares of the stock were exchanged, compared to its average volume of 13,043,423. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.21. The firm has a market cap of $410.34 billion, a price-to-earnings ratio of 30.94, a PEG ratio of 1.90 and a beta of 0.67. The firm has a 50-day simple moving average of $183.03 and a two-hundred day simple moving average of $164.16. Chevron Corporation has a twelve month low of $132.04 and a twelve month high of $209.79.

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 firm 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 7.89%. The business’s revenue was down 10.2% compared to the same quarter last year. During the same period in the previous year, the business posted $2.06 EPS. As a group, analysts anticipate that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were given a $1.78 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $7.12 annualized dividend and a yield of 3.5%. This is a boost from Chevron’s previous quarterly dividend of $1.71. Chevron’s payout ratio is currently 106.91%.

Institutional Investors Weigh In On Chevron

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

Insider Buying and Selling at Chevron

In other Chevron news, CFO Eimear P. Bonner sold 32,100 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $175.01, for a total value of $5,617,821.00. Following the transaction, the chief financial officer directly owned 4,366 shares of the company’s stock, valued at $764,093.66. This trade represents a 88.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Michael K. Wirth sold 320,700 shares of Chevron stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $162.99, for a total value of $52,270,893.00. Following the transaction, the chief executive officer owned 14,450 shares in the company, valued at approximately $2,355,205.50. The trade was a 95.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,099,397 shares of company stock valued at $196,196,468. Insiders own 0.20% of the company’s stock.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron’s CEO has repeatedly warned markets are under‑pricing the supply shock from the Strait of Hormuz closure, a view that supports higher oil realizations and lifts sentiment for major producers like CVX. Chevron CEO comments
• Positive Sentiment: Chevron struck an offtake deal with Sable Offshore to secure additional West Coast crude for its California refinery — a near‑term feedstock win that reduces regional sourcing risk and helps refining margins. Sable Offshore deal
• Positive Sentiment: Broker action is supportive: at least one analyst upgrade was reported overnight, which can boost short‑term buying interest and underpin valuation momentum. Analyst upgrade
• Neutral Sentiment: Energy sector rotation and dividend stock lists (including CVX) keep the name on many income‑seeking screens — supportive for longer‑term flows but less decisive day‑to‑day. Dividend stock coverage
• Neutral Sentiment: New operational frictions in shipping (reports Iran is imposing ad‑hoc transit fees in the Strait of Hormuz) add volatility to logistics and tanker costs — ambiguous for CVX: could tighten supply (positive) but raise transport costs (negative). Iran transit fees
• Negative Sentiment: Legislative risk: Senator Sheldon Whitehouse introduced S.4111, a “Big Oil Windfall Profits Tax” that would levy an excise tax on large producers (thresholds ~300k bpd) and funnel proceeds to gasoline rebates — a direct profit headwind for majors including Chevron if enacted. S.4111 bill text
• Negative Sentiment: Regional supply concerns: Chevron flagged a potential California fuel crisis as imports slow and refining capacity is constrained — a headline that highlights operational exposure and regional margin pressure. California supply warning
• Negative Sentiment: Geo‑political moves toward diplomacy (reports of US‑Iran talks and a possible ceasefire) have pushed oil prices lower this week, removing a tailwind for CVX’s upstream revenue and pressuring the stock. Oil falls on diplomacy

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Wells Fargo & Company upped their price objective on shares of Chevron from $196.00 to $204.00 and gave the stock an “overweight” rating in a research report on Monday, February 2nd. Bank of America lifted their price target on Chevron from $188.00 to $206.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. TD Cowen upped their price target on Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a report on Monday, February 2nd. Mizuho raised their price objective on Chevron from $206.00 to $217.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Finally, HSBC upgraded Chevron from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research report on Friday, March 20th. Fourteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $184.77.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.