Chevron (NYSE:CVX) Insider Sells $7,256,037.60 in Stock

Chevron Corporation (NYSE:CVX) insider R. Hewitt Pate sold 41,134 shares of the stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $176.40, for a total transaction of $7,256,037.60. Following the completion of the transaction, the insider owned 4,169 shares of the company’s stock, valued at approximately $735,411.60. The trade was a 90.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Chevron Stock Up 2.3%

NYSE CVX traded up $4.08 during trading hours on Tuesday, reaching $178.11. 18,374,734 shares of the company’s stock traded hands, compared to its average volume of 11,847,947. Chevron Corporation has a 52-week low of $132.04 and a 52-week high of $178.82. 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 firm has a 50-day simple moving average of $157.48 and a 200 day simple moving average of $155.85. The firm has a market cap of $358.63 billion, a PE ratio of 26.74, a PEG ratio of 12.12 and a beta of 0.70.

Chevron (NYSE:CVX) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $48.18 billion. During the same quarter last year, the firm earned $2.06 earnings per share. The business’s revenue for the quarter was down 10.2% on a year-over-year basis. Sell-side 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 will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be given a dividend of $1.78 per share. 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 dividend on an annualized basis and a yield of 4.0%. Chevron’s dividend payout ratio is 102.70%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Mizuho raised their price target on Chevron from $204.00 to $206.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Piper Sandler cut their price objective on shares of Chevron from $178.00 to $174.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. Wells Fargo & Company raised their price objective on shares of Chevron from $196.00 to $204.00 and gave the company an “overweight” rating in a research note on Monday. Citigroup decreased their target price on shares of Chevron from $185.00 to $179.00 and set a “buy” rating for the company in a report on Monday, January 5th. Finally, JPMorgan Chase & Co. upgraded shares of Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price target on the stock in a report on Tuesday, January 20th. Twelve investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $174.32.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Goldman Sachs reasserted a bullish view, keeping a Buy stance and highlighting structural growth, cash-generation and capital returns that support upside despite near-term execution and commodity risks. Goldman Sachs Buy Rating
• Positive Sentiment: Wells Fargo raised its price target to $204 and kept an Overweight rating, reinforcing upside expectations that can drive additional buying. Wells Fargo Price Target Raise
• Positive Sentiment: Dividend strength and payout growth remain central to the bull case — analysts and outlets are highlighting Chevron’s sustained dividend increases and yield as a defensive income play that supports investor demand. Dividend Hike Coverage
• Positive Sentiment: Industry write-ups point to robust fundamentals, operational efficiency gains and the Hess acquisition (adding production in Guyana) as drivers for a higher long-term valuation. These narratives support higher target prices from buy-side analysts. Seeking Alpha Bullish Take
• Neutral Sentiment: Q4 results were mixed — EPS beat consensus ($1.52 vs $1.44) but revenue missed and net income was down y/y, a combination that tempers enthusiasm while still supporting cash-flow narratives. Q4 Presentation
• Neutral Sentiment: TD Cowen and other boutiques have maintained Hold ratings or modest target adjustments (reflecting limited near-term upside), which dampens but doesn’t overturn the bullish momentum. TD Cowen Note
• Negative Sentiment: Oil prices slid after U.S.-Iran tensions eased, removing a supply-risk premium and pressuring integrated oil margins and near-term revenue expectations — a headwind for Chevron and the sector. Oil Price Slide
• Negative Sentiment: HSBC and other shops have trimmed views or moved to Hold, arguing some of Chevron’s strength may already be priced in — such notes can cap rallies. HSBC Cut
• Negative Sentiment: Insider selling disclosed (CFO stock sale of ~$1.28M) may concern some investors, adding short-term pressure or sentiment noise. Insider Sale Report

Hedge Funds Weigh In On Chevron

Hedge funds have recently bought and sold shares of the business. Quaker Wealth Management LLC raised its holdings in shares of Chevron by 197.7% during the second quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock valued at $31,000 after purchasing an additional 439 shares during the last quarter. Strategic Wealth Advisors LLC bought a new stake in Chevron in the 4th quarter worth approximately $33,000. Decker Retirement Planning Inc. bought a new stake in Chevron in the 3rd quarter worth approximately $34,000. Vermillion & White Wealth Management Group LLC raised its stake in Chevron by 86.1% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 255 shares of the oil and gas company’s stock valued at $37,000 after buying an additional 118 shares during the last quarter. Finally, Marquette Asset Management LLC bought a new position in shares of Chevron during the 3rd quarter valued at $41,000. Hedge funds and other institutional investors 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.