Chevron Corporation (NYSE:CVX – Get Free Report) CTO Thomas Ryder Booth sold 1,122 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $182.37, for a total transaction of $204,619.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Thomas Ryder Booth also recently made the following trade(s):
- On Thursday, February 12th, Thomas Ryder Booth sold 11,076 shares of Chevron stock. The shares were sold at an average price of $184.40, for a total transaction of $2,042,414.40.
- On Wednesday, February 11th, Thomas Ryder Booth sold 5 shares of Chevron stock. The stock was sold at an average price of $184.77, for a total value of $923.85.
- On Tuesday, February 3rd, Thomas Ryder Booth sold 6,000 shares of Chevron stock. The shares were sold at an average price of $178.43, for a total value of $1,070,580.00.
Chevron Stock Performance
NYSE:CVX opened at $180.39 on Wednesday. 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 stock has a 50-day simple moving average of $163.85 and a two-hundred day simple moving average of $157.88. The firm has a market capitalization of $363.22 billion, a PE ratio of 27.09, a P/E/G ratio of 12.16 and a beta of 0.70. Chevron Corporation has a 52-week low of $132.04 and a 52-week high of $186.52.
Chevron Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be given a $1.78 dividend. The ex-dividend date is Tuesday, February 17th. This is an increase from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.9%. Chevron’s dividend payout ratio (DPR) is currently 102.70%.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on CVX. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Chevron in a report on Wednesday, January 21st. Melius Research raised Chevron from a “hold” rating to a “buy” rating and set a $205.00 price objective for the company in a research note on Tuesday. Bank of America cut their target price on Chevron from $183.00 to $180.00 and set a “buy” rating for the company in a research report on Thursday, December 11th. Zacks Research raised Chevron from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. Finally, TD Cowen upped their price target on Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. Thirteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Chevron currently has an average rating of “Hold” and an average target price of $176.36.
Get Our Latest Research Report on CVX
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Guggenheim Capital LLC increased its position in Chevron by 1.8% in the fourth quarter. Guggenheim Capital LLC now owns 320,444 shares of the oil and gas company’s stock worth $48,839,000 after purchasing an additional 5,697 shares during the last quarter. Appalachian Capital Management Ltd purchased a new position in shares of Chevron in the 4th quarter worth $305,000. PDT Partners LLC bought a new stake in shares of Chevron in the 4th quarter worth about $5,974,000. DV Equities LLC purchased a new stake in shares of Chevron during the 4th quarter valued at about $460,000. Finally, Abel Hall LLC lifted its holdings in shares of Chevron by 103.0% in the 4th quarter. Abel Hall LLC now owns 7,833 shares of the oil and gas company’s stock valued at $1,194,000 after acquiring an additional 3,974 shares during the last quarter. 72.42% of the stock is owned by hedge funds and other institutional investors.
More Chevron News
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
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.
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