Chevron (NYSE:CVX) Vice Chairman Sells $7,976,986.00 in Stock

Chevron Corporation (NYSE:CVX) Vice Chairman Mark Nelson sold 45,800 shares of Chevron stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $174.17, for a total value of $7,976,986.00. Following the transaction, the insider owned 7,161 shares in the company, valued at $1,247,231.37. This trade represents a 86.48% 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 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 were exchanged, compared to its average volume of 11,847,947. 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 $358.63 billion, a price-to-earnings ratio of 26.74, a price-to-earnings-growth ratio of 12.12 and a beta of 0.70. The company’s 50-day moving average is $157.48 and its two-hundred day moving average is $155.85. Chevron Corporation has a one year low of $132.04 and a one year high of $178.82.

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 company had revenue of $45.79 billion during the quarter, compared to analysts’ expectations of $48.18 billion. During the same quarter in the prior year, the company earned $2.06 earnings per share. The business’s quarterly revenue was down 10.2% compared to the same quarter last year. On average, analysts forecast that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be issued a dividend of $1.78 per share. This is a boost from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date 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 currently 102.70%.

Institutional Trading of Chevron

Several institutional investors and hedge funds have recently added to or reduced their stakes in CVX. EWA LLC grew its holdings in Chevron by 2.8% during the fourth quarter. EWA LLC now owns 2,182 shares of the oil and gas company’s stock worth $333,000 after purchasing an additional 59 shares during the period. NewEdge Wealth LLC lifted its position in shares of Chevron by 5.1% in the fourth quarter. NewEdge Wealth LLC now owns 85,754 shares of the oil and gas company’s stock valued at $13,070,000 after buying an additional 4,154 shares during the last quarter. Washington Trust Advisors Inc. boosted its stake in shares of Chevron by 16.1% during the 4th quarter. Washington Trust Advisors Inc. now owns 4,322 shares of the oil and gas company’s stock worth $659,000 after acquiring an additional 600 shares during the period. RB Capital Management LLC increased its holdings in shares of Chevron by 2.0% during the 4th quarter. RB Capital Management LLC now owns 32,269 shares of the oil and gas company’s stock worth $4,918,000 after acquiring an additional 624 shares during the last quarter. Finally, Crossmark Global Holdings Inc. increased its holdings in shares of Chevron by 17.2% during the 4th quarter. Crossmark Global Holdings Inc. now owns 104,698 shares of the oil and gas company’s stock worth $15,957,000 after acquiring an additional 15,358 shares during the last quarter. 72.42% of the stock is owned by institutional investors.

Key Chevron News

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

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CVX. Weiss Ratings reiterated a “hold (c)” rating on shares of Chevron in a report on Wednesday, January 21st. TD Cowen upped their price target on Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a research report on Monday. Wall Street Zen upgraded shares of Chevron from a “sell” rating to a “hold” rating in a report on Saturday. Mizuho boosted their price objective on shares of Chevron from $204.00 to $206.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Finally, Morgan Stanley decreased their target price on shares of Chevron from $180.00 to $174.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Twelve research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $174.32.

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.