Chevron Corporation (NYSE:CVX) Receives Average Rating of “Hold” from Analysts

Shares of Chevron Corporation (NYSE:CVX) have been given an average rating of “Hold” by the twenty-four brokerages that are covering the company, MarketBeat reports. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $187.6364.

A number of brokerages recently issued reports on CVX. HSBC raised Chevron from a “hold” rating to a “buy” rating and set a $215.00 price target on the stock in a research report on Friday, March 20th. UBS Group reiterated a “buy” rating and set a $212.00 target price on shares of Chevron in a research report on Monday, February 2nd. Bank of America increased their target price on Chevron from $188.00 to $206.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. BMO Capital Markets reaffirmed an “outperform” rating and issued a $190.00 price target on shares of Chevron in a research note on Monday, February 2nd. Finally, TD Cowen upped their price objective on shares of Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd.

Chevron Price Performance

Shares of Chevron stock opened at $198.77 on Friday. 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 stock has a market capitalization of $396.63 billion, a price-to-earnings ratio of 29.85, a price-to-earnings-growth ratio of 1.64 and a beta of 0.60. Chevron has a twelve month low of $132.04 and a twelve month high of $214.71. The company has a 50-day simple moving average of $188.51 and a two-hundred day simple moving average of $166.43.

Chevron (NYSE:CVX) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. Chevron had a net margin of 6.51% and a return on equity of 7.89%. The firm had revenue of $45.79 billion for the quarter, compared to analyst estimates of $48.18 billion. During the same quarter in the prior year, the business posted $2.06 EPS. The business’s revenue was down 10.2% compared to the same quarter last year. Analysts forecast that Chevron will post 10.79 EPS for the current year.

Chevron Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th were given a $1.78 dividend. This represents a $7.12 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Tuesday, February 17th. This is a boost from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio is presently 106.91%.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Oil rallied above $100–$109 on Iran/Strait of Hormuz concerns, lifting revenue and margin prospects for integrated producers like Chevron. Oil Spikes Above $109…
• Positive Sentiment: Citigroup raised its CVX price target to $235 and kept a buy rating — a direct analyst catalyst that can support buying interest. Benzinga
• Positive Sentiment: Chevron confirmed exclusive power‑supply talks and is linked to a potential $7B Texas AI energy project with Microsoft, diversifying cash flows into higher‑margin power contracts. Chevron‑Microsoft Deal Powers $7B Texas AI Energy Project
• Positive Sentiment: Chevron made a final investment decision on the Aseng gas project in Equatorial Guinea — a medium‑term production and cash‑flow driver. Chevron Makes FID in Aseng Gas Project
• Positive Sentiment: Multiple analyst upgrades and price‑target increases (Zacks, Morgan Stanley, Mizuho) are improving sentiment and valuation support. Chevron Upgraded to Buy (Zacks)
• Neutral Sentiment: Earnings calendar: Chevron scheduled its 1Q 2026 earnings call for May 1 — a standard event that can create short‑term moves depending on results/guidance. Earnings Call Advisory
• Neutral Sentiment: Operational efficiency push: Chevron is accelerating robotics and drone inspections across oilfields to lower costs and improve safety — gradual, long‑term upside. Is Chevron’s Robotics Strategy the Future of Oilfields?
• Negative Sentiment: Wheatstone LNG remained offline after cyclone damage, tightening LNG supply and adding near‑term delivery and earnings risk for Chevron. Wheatstone LNG Outage Tests Chevron
• Negative Sentiment: Insider selling: Director R. Hewitt Pate disclosed a sale of 40,200 shares (late March) after several prior sales this quarter — some investors interpret repeated large disposals as a near‑term negative signal. SEC Form 4 — Insider Sale

Insider Activity at Chevron

In related news, CEO Michael K. Wirth sold 272,624 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $189.35, for a total transaction of $51,621,354.40. Following the sale, the chief executive officer owned 31,266 shares in the company, valued at approximately $5,920,217.10. This trade represents a 89.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider R. Hewitt Pate sold 40,200 shares of the business’s stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $213.30, for a total transaction of $8,574,660.00. Following the transaction, the insider owned 8,638 shares of the company’s stock, valued at approximately $1,842,485.40. This represents a 82.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,139,597 shares of company stock worth $204,771,128 in the last 90 days. Corporate insiders own 0.21% of the company’s stock.

Institutional Trading of Chevron

Institutional investors and hedge funds have recently modified their holdings of the business. Core Wealth Advisors LLC acquired a new stake in shares of Chevron in the 4th quarter valued at approximately $26,000. Phillip James Consulting Co. acquired a new position in Chevron during the 4th quarter worth approximately $26,000. Basso Capital Management L.P. acquired a new position in Chevron during the 4th quarter worth approximately $27,000. Karpus Management Inc. bought a new position in Chevron in the 4th quarter valued at approximately $27,000. Finally, Quattro Advisors LLC acquired a new stake in Chevron in the fourth quarter valued at approximately $27,000. 72.42% of the stock is currently owned by 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.