Insider Selling: Chevron (NYSE:CVX) CFO Sells 28,334 Shares of Stock

Chevron Corporation (NYSE:CVX) CFO Eimear Bonner sold 28,334 shares of Chevron stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $165.05, for a total value of $4,676,526.70. Following the transaction, the chief financial officer owned 4,366 shares in the company, valued at $720,608.30. This trade represents a 86.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Chevron Stock Down 0.9%

NYSE CVX traded down $1.34 during trading hours on Wednesday, reaching $155.20. 13,513,096 shares of the company’s stock were exchanged, compared to its average volume of 19,001,814. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.86 and a current ratio of 1.15. The company has a market capitalization of $312.50 billion, a price-to-earnings ratio of 21.83, a price-to-earnings-growth ratio of 10.26 and a beta of 0.70. The company’s 50-day moving average is $152.10 and its two-hundred day moving average is $153.26. Chevron Corporation has a one year low of $132.04 and a one year high of $168.96.

Chevron (NYSE:CVX) last announced its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.71 by $0.14. Chevron had a net margin of 6.57% and a return on equity of 8.74%. The firm had revenue of $48.17 billion for the quarter, compared to analyst estimates of $46.99 billion. During the same quarter in the previous year, the firm posted $2.48 earnings per share. The business’s revenue was down 1.9% on a year-over-year basis. On average, analysts forecast that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Tuesday, November 18th were given a $1.71 dividend. This represents a $6.84 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Tuesday, November 18th. Chevron’s dividend payout ratio (DPR) is currently 96.20%.

Analyst Ratings Changes

A number of research firms have recently issued reports on CVX. Raymond James Financial reiterated an “outperform” rating and issued a $160.00 price objective (down from $170.00) on shares of Chevron in a report on Friday, October 17th. Barclays lowered their price target on shares of Chevron from $160.00 to $158.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 7th. UBS Group restated a “buy” rating on shares of Chevron in a research note on Monday, December 1st. Scotiabank raised their price objective on Chevron from $160.00 to $165.00 and gave the company a “sector perform” rating in a report on Thursday, October 9th. Finally, Piper Sandler dropped their target price on Chevron from $171.00 to $169.00 and set an “overweight” rating on the stock in a report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Chevron has an average rating of “Hold” and an average price target of $166.90.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron is in active talks with the U.S. government to expand a license to operate in Venezuela, which could let the company increase crude exports to its Gulf Coast refineries and sell to third parties — a near‑term commercialization path if approved. Read More.
• Positive Sentiment: Market commentary and trade flows show investors treating Chevron as a first‑mover in Venezuela; TipRanks and MarketBeat note the stock’s surge on the reopening narrative and Chevron’s operational advantage handling heavy Venezuelan crude. Read More.
• Positive Sentiment: Chevron is reported to be lining up with private equity (Quantum) to bid for Lukoil’s international assets — a potential inorganic growth avenue that would expand production/asset exposure if regulatory hurdles are cleared. Read More.
• Neutral Sentiment: Unusually large options activity is tracking CVX, indicating speculative positioning and higher short‑term volatility rather than clear directional conviction. Read More.
• Negative Sentiment: Analyst pushback: Freedom Capital downgraded CVX to “strong sell,” and other firms (Citigroup coverage referenced) have signaled valuation/earnings risks, weighing on sentiment after the initial rally. Read More.
• Negative Sentiment: Several analysis pieces and MarketWatch caution that rebuilding Venezuelan output will be years and billions of dollars in CapEx, with sanctions, logistics and low oil prices limiting near‑term earnings upside — a key reason investors are trimming exposure. Read More.

Hedge Funds Weigh In On Chevron

Hedge funds and other institutional investors have recently bought and sold shares of the business. Fred Alger Management LLC lifted its position in shares of Chevron by 6.2% during the 1st quarter. Fred Alger Management LLC now owns 70,715 shares of the oil and gas company’s stock worth $11,830,000 after buying an additional 4,108 shares during the last quarter. Voleon Capital Management LP acquired a new position in Chevron during the first quarter worth about $1,804,000. MBB Public Markets I LLC bought a new position in shares of Chevron in the first quarter worth about $324,000. Faithward Advisors LLC lifted its holdings in shares of Chevron by 10.7% in the first quarter. Faithward Advisors LLC now owns 4,920 shares of the oil and gas company’s stock worth $823,000 after acquiring an additional 475 shares during the last quarter. Finally, Peloton Wealth Strategists acquired a new stake in shares of Chevron in the 1st quarter valued at approximately $233,000. 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.