Insider Selling: 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 the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $174.17, for a total transaction of $7,976,986.00. Following the completion of the transaction, the insider owned 7,161 shares of the company’s stock, valued at approximately $1,247,231.37. The trade was a 86.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Chevron Price Performance

Shares of CVX opened at $179.20 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $182.59. The stock has a market cap of $360.83 billion, a PE ratio of 26.91, a price-to-earnings-growth ratio of 12.49 and a beta of 0.70. The firm has a fifty day moving average price of $158.70 and a 200 day moving average price of $156.19.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.08. Chevron had a return on equity of 8.23% and a net margin of 6.51%.The company had revenue of $45.79 billion for the quarter, compared to analyst estimates of $48.18 billion. During the same quarter last year, the company posted $2.06 earnings per share. The business’s quarterly revenue was down 10.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th will be paid a $1.78 dividend. 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 4.0%. The ex-dividend date is Tuesday, February 17th. Chevron’s dividend payout ratio (DPR) is presently 106.91%.

Chevron News Summary

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron raised its quarterly dividend to $1.78 (4.0% yield), boosting income-focused demand and underscoring management’s cash-return priorities. Dividend Hike Coverage
• Positive Sentiment: Several sell-side shops have raised targets or reiterated bullish views (Wells Fargo, Goldman Sachs, TD Cowen commentary), supporting upside expectations and likely providing buying support after recent gains. Wells Fargo Price Target Raise
• Positive Sentiment: Project and M&A progress: Chevron committed to the Yoyo‑Yolanda gas project (Cameroon/Equatorial Guinea) and signed an initial offshore exploration MoU in Syrian waters with a Qatari partner — potential long‑term production upside. Yoyo-Yolanda Project
• Neutral Sentiment: Q4 results were mixed: EPS beat ( $1.52 vs. $1.44 est.) but revenue missed materially, leaving guidance/cash‑flow narratives intact but tempering enthusiasm about near‑term top‑line growth. Q4 Presentation
• Neutral Sentiment: Senior leadership changes were announced for 2026 (internal promotions, retirements) — operationally neutral for now but something investors will watch for execution risk. Leadership Changes
• Negative Sentiment: Heavy insider selling by multiple executives (including recent Form 4 filings for Andrew Walz, CTO Thomas Booth and CFO Eimear Bonner) is creating short‑term sentiment pressure and may signal portfolio rebalancing by insiders. Walz Form 4 Bonner Form 4
• Negative Sentiment: Oil prices softened after U.S.–Iran tensions eased, trimming a supply‑risk premium and pressuring integrated majors’ near‑term revenue and margins. Oil Price Slide
• Negative Sentiment: Some firms (e.g., HSBC and a subset of boutiques) have trimmed views or stayed on Hold, arguing much upside is priced in — these notes can cap rallies and weigh on momentum. HSBC Cut

Institutional Investors Weigh In On Chevron

A number of institutional investors have recently added to or reduced their stakes in CVX. Vanguard Group Inc. lifted 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 valued at $28,540,753,000 after acquiring an additional 27,961,463 shares during the period. State Street Corp grew its stake in shares of Chevron by 9.1% during 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 during the period. Berkshire Hathaway Inc increased its holdings 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 valued at $17,478,458,000 after purchasing an additional 3,454,258 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Chevron by 4.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 34,772,753 shares of the oil and gas company’s stock valued at $4,979,255,000 after purchasing an additional 1,342,723 shares during the period. Finally, Northern Trust Corp boosted its holdings in Chevron by 15.3% during the third quarter. Northern Trust Corp now owns 22,724,515 shares of the oil and gas company’s stock worth $3,528,890,000 after buying an additional 3,007,403 shares in the last quarter. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Wall Street Analysts Forecast Growth

CVX has been the subject of several research reports. JPMorgan Chase & Co. upgraded shares of Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price target for the company in a research report on Tuesday, January 20th. Raymond James Financial reaffirmed an “outperform” rating and issued a $160.00 target price (down from $170.00) on shares of Chevron in a report on Friday, October 17th. 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 note on Friday, January 23rd. Sanford C. Bernstein boosted their price target on Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a research report on Monday, January 5th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $190.00 price objective on shares of Chevron in a research report on Monday. Twelve investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $175.00.

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.