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

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

Specifically, insider Andrew Benjamin Walz sold 666 shares of the 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 owned 1,463 shares in the company, valued at approximately $268,314.20. This represents a 31.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Thomas Ryder Booth sold 1,122 shares of Chevron stock in a transaction on Friday, February 13th. The shares were 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 the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $184.40, for a total transaction of $2,042,414.40. Following the completion of the transaction, the chief technology officer directly owned 1,122 shares in the company, valued at $206,896.80. This represents a 90.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Analysts Set New Price Targets

Several research firms recently issued reports on CVX. Argus set a $203.00 target price on Chevron in a report on Tuesday, February 3rd. Zacks Research raised Chevron from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Morgan Stanley dropped their price objective on Chevron from $180.00 to $174.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. Bank of America decreased their target price on shares of Chevron from $183.00 to $180.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. Finally, HSBC lowered shares of Chevron from a “buy” rating to a “hold” rating and set a $180.00 price target on the stock. in a research report on Monday, February 2nd. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Chevron currently has a consensus rating of “Hold” and a consensus price target of $176.36.

Key Headlines Impacting 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 Trading Down 1.8%

The company has a market cap of $363.22 billion, a price-to-earnings ratio of 25.10, a PEG ratio of 12.16 and a beta of 0.70. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. The business’s 50 day moving average price is $163.21 and its 200-day moving average price is $157.68.

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, beating 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 firm had revenue of $45.79 billion for the quarter, compared to analysts’ expectations of $48.18 billion. During the same period in the prior year, the firm earned $2.06 EPS. The business’s revenue was down 10.2% on a year-over-year basis. On average, equities analysts anticipate that Chevron Corporation will post 10.79 EPS 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 paid a $1.78 dividend. This represents a $7.12 annualized dividend and a dividend yield of 3.9%. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date is Tuesday, February 17th. Chevron’s dividend payout ratio is currently 102.70%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in CVX. Perigon Wealth Management LLC boosted its holdings in Chevron by 19.3% during the third quarter. Perigon Wealth Management LLC now owns 73,448 shares of the oil and gas company’s stock worth $11,406,000 after purchasing an additional 11,875 shares during the last quarter. New York State Teachers Retirement System lifted its stake in Chevron by 15.3% in the third quarter. New York State Teachers Retirement System now owns 1,620,231 shares of the oil and gas company’s stock valued at $251,606,000 after purchasing an additional 215,345 shares during the last quarter. Pictet North America Advisors SA bought a new position in shares of Chevron during the 3rd quarter worth $5,662,000. New York State Common Retirement Fund raised its stake in Chevron by 10.2% in the 3rd quarter. New York State Common Retirement Fund now owns 1,894,470 shares of the oil and gas company’s stock valued at $294,192,000 after acquiring an additional 175,439 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of Chevron by 8.7% in the third quarter. Envestnet Asset Management Inc. now owns 4,891,609 shares of the oil and gas company’s stock valued at $759,618,000 after purchasing an additional 389,694 shares during the period. Institutional investors and hedge funds own 72.42% of the company’s stock.

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.