Chevron Corporation (NYSE:CVX) Given Average Rating of “Hold” by Analysts

Shares of Chevron Corporation (NYSE:CVX) have earned an average recommendation of “Hold” from the twenty-four research firms that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $175.00.

A number of research analysts recently issued reports on CVX shares. Weiss Ratings restated a “hold (c)” rating on shares of Chevron in a report on Wednesday, January 21st. JPMorgan Chase & Co. raised Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 target price on the stock in a research note on Tuesday, January 20th. Freedom Capital downgraded Chevron from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Bank of America cut their price target on shares of Chevron from $183.00 to $180.00 and set a “buy” rating on the stock in a report on Thursday, December 11th. Finally, TD Cowen upped their price objective on shares of Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a report on Monday.

Insider Buying and Selling at Chevron

In related news, insider R. Hewitt Pate sold 41,134 shares of Chevron stock in a transaction that occurred on 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 sale, the insider directly owned 4,169 shares in the company, valued at $735,411.60. The trade was a 90.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Eimear P. Bonner sold 32,100 shares of the stock in a transaction on Friday, January 30th. The stock was sold at an average price of $175.01, for a total value of $5,617,821.00. Following the completion of the transaction, the chief financial officer owned 4,366 shares of the company’s stock, valued at approximately $764,093.66. This trade represents a 88.03% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 764,958 shares of company stock worth $122,930,032. Insiders own 0.21% of the company’s stock.

Institutional Trading of Chevron

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in Chevron by 17.9% in the third quarter. Vanguard Group Inc. now owns 183,790,028 shares of the oil and gas company’s stock worth $28,540,753,000 after purchasing an additional 27,961,463 shares during the period. State Street Corp boosted its position in shares of Chevron by 9.1% in the 3rd quarter. State Street Corp now owns 152,605,988 shares of the oil and gas company’s stock worth $23,698,184,000 after purchasing an additional 12,789,399 shares in the last quarter. Berkshire Hathaway Inc grew its stake in shares of Chevron by 2.9% in the 2nd quarter. Berkshire Hathaway Inc now owns 122,064,792 shares of the oil and gas company’s stock worth $17,478,458,000 after buying an additional 3,454,258 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Chevron by 4.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 34,772,753 shares of the oil and gas company’s stock worth $4,979,255,000 after buying an additional 1,342,723 shares during the last quarter. Finally, Northern Trust Corp increased its position in Chevron by 15.3% during the 3rd quarter. Northern Trust Corp now owns 22,724,515 shares of the oil and gas company’s stock valued at $3,528,890,000 after buying an additional 3,007,403 shares in the last quarter. 72.42% of the stock is owned by hedge funds and other institutional investors.

Chevron Trading Up 1.8%

NYSE:CVX opened at $181.28 on Thursday. The firm has a market capitalization of $365.01 billion, a P/E ratio of 27.22, a P/E/G ratio of 12.50 and a beta of 0.70. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19. The company has a fifty day moving average of $158.11 and a 200 day moving average of $156.02. Chevron has a 52 week low of $132.04 and a 52 week high of $182.59.

Chevron (NYSE:CVX) last released its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. The firm had revenue of $45.79 billion for the quarter, compared to analysts’ expectations of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 8.23%. The company’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.06 earnings per share. On average, research analysts predict that Chevron will post 10.79 earnings per share for the current year.

Chevron Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be paid a $1.78 dividend. The ex-dividend date of this dividend 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 yield of 3.9%. Chevron’s payout ratio is currently 102.70%.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Wall Street bullishness: Goldman Sachs and other buy-side analysts reiterated bullish views or raised targets, and boutiques including TD Cowen and Wells Fargo published favorable forecasts/price-target increases that support buying interest. Read More.
• Positive Sentiment: Dividend increase: Chevron raised its quarterly payout to $1.78 (annualized $7.12, ~4% yield), reinforcing the income thesis that draws dividend-focused investors and supports the stock’s re-rating. Read More.
• Positive Sentiment: Project commitments: Chevron reconfirmed commitment to the Yoyo–Yolanda gas project (Cameroon/Equatorial Guinea), a production/growth catalyst for gas exposure and long‑term cash flow. Read More.
• Neutral Sentiment: Quarterly results mixed: Q4 beat EPS expectations ($1.52 vs. $1.44) but revenue missed and year-over-year profit fell — supports cash-flow narrative but tempers near-term growth hopes. Read More.
• Neutral Sentiment: Syria offshore MOU: Chevron signed a memorandum of understanding to evaluate offshore exploration in Syrian waters with a Qatari partner — a potential long-term resource opportunity but with geopolitical and sanction risks that make near-term impacts uncertain. Read More.
• Negative Sentiment: Insider selling: Several senior insiders (including the CFO) disclosed large share sales in late January, which may create short-term sentiment/headline pressure despite routine explanations (taxes, diversification). Read More.
• Negative Sentiment: Macro/headwinds: Oil prices eased as geopolitical risk softened, which can cap near-term revenue and margin expectations for integrated majors like Chevron. Read More.
• Negative Sentiment: Cautious notes: A few firms (HSBC and others) trimmed views or moved to Hold, arguing recent gains may have priced in much of the upside — these calls can limit further rallies. Read More.

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.