Rep. Kevin Hern Sells Off Shares of Chevron Corporation (NYSE:CVX)

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Chevron Corporation (NYSE:CVX). In a filing disclosed on October 13th, the Representative disclosed that they had sold between $15,001 and $50,000 in Chevron stock on September 23rd. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 10/2/2026.
• Sold $15,001 – $50,000 in shares of Lockheed Martin (NYSE:LMT) on 9/23/2026.
• Sold $50,001 – $100,000 in shares of Devon Energy (NYSE:DVN) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Devon Energy (NYSE:DVN) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Starbucks (NASDAQ:SBUX) on 9/23/2026.
• Sold $50,001 – $100,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/23/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 9/23/2026.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Lockheed Martin (NYSE:LMT) on 9/17/2026.

Chevron Stock Up 2.0%

CVX stock opened at $222.05 on Thursday. Chevron Corporation has a 52-week low of $146.49 and a 52-week high of $222.55. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.25 and a quick ratio of 0.98. The firm has a market capitalization of $438.71 billion, a P/E ratio of 21.29, a P/E/G ratio of 0.60 and a beta of 0.53. The company’s 50 day simple moving average is $206.20 and its 200-day simple moving average is $193.23.

Chevron (NYSE:CVX) last announced its earnings results on Friday, July 31st. The oil and gas company reported $6.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.55 by $0.51. Chevron had a net margin of 9.57% and a return on equity of 11.09%. The company had revenue of $67.20 billion for the quarter, compared to the consensus estimate of $62.72 billion. During the same period in the previous year, the business earned $1.77 EPS. The company’s revenue was up 57.4% on a year-over-year basis. As a group, equities research analysts anticipate that Chevron Corporation will post 17.59 EPS for the current year.

Chevron Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th were issued a dividend of $1.78 per share. The ex-dividend date was Wednesday, August 19th. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.2%. Chevron’s payout ratio is currently 68.26%.

Institutional Trading of Chevron

Several large investors have recently added to or reduced their stakes in the business. First PREMIER Bank boosted its position in shares of Chevron by 0.8% during the 2nd quarter. First PREMIER Bank now owns 6,450 shares of the oil and gas company’s stock valued at $1,070,000 after acquiring an additional 50 shares in the last quarter. Vanguard Capital Wealth Advisors increased its stake in Chevron by 1.8% in the second quarter. Vanguard Capital Wealth Advisors now owns 2,818 shares of the oil and gas company’s stock valued at $467,000 after acquiring an additional 50 shares during the period. Nautilus Advisors LLC raised its position in Chevron by 2.8% in the third quarter. Nautilus Advisors LLC now owns 1,859 shares of the oil and gas company’s stock worth $380,000 after purchasing an additional 50 shares in the last quarter. Virginia Estate & Retirement Planning Advisors Inc. raised its position in Chevron by 20.8% in the third quarter. Virginia Estate & Retirement Planning Advisors Inc. now owns 290 shares of the oil and gas company’s stock worth $59,000 after purchasing an additional 50 shares in the last quarter. Finally, Columbus Macro LLC raised its position in Chevron by 2.8% in the third quarter. Columbus Macro LLC now owns 1,830 shares of the oil and gas company’s stock worth $374,000 after purchasing an additional 50 shares in the last quarter. 72.42% of the stock is owned by institutional investors.

Insider Buying and Selling at Chevron

In other news, insider R. Pate sold 2,470 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $205.11, for a total value of $506,621.70. Following the sale, the insider directly owned 10,794 shares in the company, valued at approximately $2,213,957.34. This represents a 18.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Michael Wirth sold 317,100 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $200.46, for a total value of $63,565,866.00. Following the transaction, the chief executive officer owned 26,308 shares of the company’s stock, valued at $5,273,701.68. This trade represents a 92.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,152,582 shares of company stock worth $225,853,661 in the last three months. 0.56% of the stock is currently owned by company insiders.

More Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron’s recovery of U.S. Gulf of Mexico production after Hurricane Isaias, with no reported damage to its facilities, reduces the risk of a prolonged operational disruption. Chevron & Shell Lead U.S. Gulf Oil Production Recovery After Hurricane
• Positive Sentiment: Analysts at Erste Group raised their fiscal 2026 EPS forecast for Chevron to $16.90 from $16.09 and lifted the fiscal 2027 estimate to $13.78 from $13.52, reinforcing the view that earnings momentum remains favorable. Chevron analyst earnings estimates
• Positive Sentiment: Chevron is among the energy companies positioned to benefit from Venezuela’s oil revival and potential efforts to offset supply disruptions near the Strait of Hormuz. The opportunity could expand production and long-term cash flow, although execution and geopolitical risks remain. Venezuela’s Oil Revival Is Gaining Momentum
• Positive Sentiment: Chevron’s integrated model—combining upstream production with refining and other businesses—continues to support dividend resilience when crude prices weaken. Its Beetaloo Basin expertise also helped deliver Australia’s first commercial gas, adding potential exposure to LNG demand. Oil Giants and Dividend Resilience
• Neutral Sentiment: Coverage of Chevron’s AI investment process indicates that management is evaluating AI projects based on measurable returns and competition for capital. The initiative may improve efficiency, but no immediate financial impact was identified. How CFOs Decide Which AI Bets Create Value
• Negative Sentiment: Chevron reportedly agreed to take a one-time loss of approximately $3 billion to $4 billion, which could weigh on near-term results despite stronger underlying earnings. Chevron Is Cleaning House Before the Earnings Peak Fades
• Negative Sentiment: Some valuation analysis views CVX as overvalued after its rally, while longer-term comparisons show the stock has underperformed the broader market over the past decade. These concerns could limit further upside. Is Chevron Overvalued After Its Rally?

Analysts Set New Price Targets

Several brokerages have recently commented on CVX. Royal Bank Of Canada raised their target price on Chevron from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Thursday, September 24th. Barclays lowered their price target on Chevron from $216.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday, August 17th. Raymond James Financial decreased their price objective on Chevron from $230.00 to $225.00 and set an “outperform” rating for the company in a research report on Tuesday, July 21st. Wall Street Zen raised shares of Chevron from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, BMO Capital Markets increased their target price on shares of Chevron from $210.00 to $235.00 and gave the stock an “outperform” rating in a research report on Thursday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $213.08.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

Chevron Company Profile

Chevron Corporation (NYSE:CVX) is an integrated energy company engaged in the exploration, development, production, transportation and sale of crude oil and natural gas. Its upstream operations include oil and gas exploration and production, while its downstream business includes refining crude oil, marketing fuels and manufacturing and distributing lubricants, petrochemicals and fuel additives.

The company also invests in lower-carbon businesses and technologies, including renewable fuels, carbon capture and storage, hydrogen and other opportunities intended to reduce emissions from its operations and energy products.