Chevron (NYSE:CVX) Stock Price Down 1.8% After Insider Selling

Shares of Chevron Corporation (NYSE:CVX) were down 1.8% on Tuesday after an insider sold shares in the company. The company traded as low as $178.74 and last traded at $180.39. Approximately 9,803,135 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 12,657,099 shares. The stock had previously closed at $183.74.

Specifically, insider Andrew Benjamin Walz sold 666 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $183.40, for a total transaction of $122,144.40. Following the sale, the insider owned 1,463 shares of the company’s stock, valued at $268,314.20. This trade represents a 31.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Thomas Ryder Booth sold 1,122 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $182.37, for a total transaction of $204,619.14. The disclosure for this sale is available in the SEC filing. In other news, CTO Thomas Ryder Booth sold 11,076 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $184.40, for a total value of $2,042,414.40. Following the sale, the chief technology officer directly owned 1,122 shares in the company, valued at approximately $206,896.80. This trade represents a 90.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. HSBC cut shares of Chevron from a “buy” rating to a “hold” rating and set a $180.00 target price for the company. in a research report on Monday, February 2nd. UBS Group reiterated a “buy” rating and set a $212.00 price objective on shares of Chevron in a report on Monday, February 2nd. Scotiabank reissued a “sector perform” rating and issued a $168.00 price objective on shares of Chevron in a research report on Friday, January 16th. 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 report on Tuesday, January 20th. Finally, Citigroup decreased their price target on Chevron from $185.00 to $179.00 and set a “buy” rating for the company in a research note on Monday, January 5th. Thirteen 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’s stock. According to MarketBeat.com, Chevron presently has an average rating of “Hold” and a consensus target price of $176.36.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron-led consortium won four ultra‑deepwater offshore lease blocks in Greece (Chevron to be operator with ~70% interest) — a concrete reserves/exploration catalyst that supports long‑term upstream optionality. Read More.
• Positive Sentiment: Chevron raised its quarterly dividend to $1.78 (annualized $7.12), reinforcing its income appeal for yield‑seeking investors as Treasury yields have softened — supporting demand from dividend-focused funds. Read More.
• Positive Sentiment: An analyst upgrade (Melius Research: hold→buy, PT to $205) adds a fresh bullish view and a higher price target for CVX, which can attract some buy‑side interest even if short‑term impact is mixed. Read More.
• Neutral Sentiment: Macro/sector tailwinds: energy names are outperforming the S&P YTD, helping integrated majors like Chevron catch flows and attention — supportive for relative performance but also tied to commodity/rotation dynamics. Read More.
• Neutral Sentiment: Coverage and comparisons (Chevron vs. Exxon, vs. ConocoPhillips) have increased; this drives volume and debate over valuation vs. peers without immediately changing fundamentals. Read More.
• Neutral Sentiment: Retail/analysis interest: CVX is a trending ticker on outlets like Zacks and 24/7 Wall St., which can lift intraday activity but not necessarily change fundamentals. Read More.
• Negative Sentiment: Notable insider selling: recent Form 4 filings show multiple sales by executives (including Andrew Walz and CTO Thomas Ryder Booth), which investors often view as a cautionary sign even when company‑wide insiders still hold meaningful stakes. Read More.
• Negative Sentiment: Market shrugged off the Melius upgrade (shares initially dipped after the note), suggesting upgrades alone aren’t shifting investor conviction; short‑term rotation and profit‑taking may mute upside. Read More.

Chevron Stock Up 1.8%

The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. The firm has a market capitalization of $369.98 billion, a price-to-earnings ratio of 27.59, a price-to-earnings-growth ratio of 11.95 and a beta of 0.70. The business has a fifty day moving average price of $164.50 and a two-hundred day moving average price of $158.06.

Chevron (NYSE:CVX) last issued its earnings results 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 net margin of 6.51% and a return on equity of 8.23%. The firm had revenue of $45.79 billion during the quarter, compared to analysts’ expectations of $48.18 billion. During the same quarter last year, the company posted $2.06 earnings per share. The firm’s revenue was down 10.2% compared to the same quarter last year. On average, equities analysts expect that Chevron Corporation 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 given 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 annualized dividend and a dividend yield of 3.9%. Chevron’s payout ratio is currently 106.91%.

Institutional Trading of Chevron

A number of institutional investors have recently made changes to their positions in CVX. Strive Financial Group LLC purchased a new stake in shares of Chevron during the fourth quarter worth $435,000. Ameriflex Group Inc. boosted its position in Chevron by 6.9% during the fourth quarter. Ameriflex Group Inc. now owns 15,286 shares of the oil and gas company’s stock worth $2,330,000 after acquiring an additional 993 shares during the last quarter. Blue Sparrow LLC DE acquired a new position in Chevron during the fourth quarter worth about $27,998,000. Mercer Global Advisors Inc. ADV grew its stake in Chevron by 6.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 686,339 shares of the oil and gas company’s stock valued at $107,274,000 after acquiring an additional 40,355 shares in the last quarter. Finally, Summit Global Investments raised its holdings in Chevron by 470.2% in the 4th quarter. Summit Global Investments now owns 15,537 shares of the oil and gas company’s stock valued at $2,368,000 after acquiring an additional 12,812 shares during the last quarter. 72.42% of the stock is owned by institutional investors and hedge funds.

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.