Andrew Benjamin Walz Sells 16,800 Shares of Chevron (NYSE:CVX) Stock

Chevron Corporation (NYSE:CVX) insider Andrew Benjamin Walz sold 16,800 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $201.06, for a total value of $3,377,808.00. Following the transaction, the insider directly owned 14 shares in the company, valued at approximately $2,814.84. This trade represents a 99.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Chevron Stock Up 0.0%

Shares of NYSE CVX traded up $0.04 during midday trading on Wednesday, hitting $205.78. 8,683,964 shares of the stock traded hands, compared to its average volume of 10,888,224. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.25. Chevron Corporation has a one year low of $146.49 and a one year high of $214.71. The business has a 50 day moving average price of $183.95 and a two-hundred day moving average price of $187.50. The company has a market cap of $406.57 billion, a PE ratio of 19.73, a P/E/G ratio of 0.61 and a beta of 0.49.

Chevron (NYSE:CVX) last released its quarterly earnings data on Friday, July 31st. The oil and gas company reported $6.06 earnings per share for the quarter, beating analysts’ consensus estimates of $5.55 by $0.51. Chevron had a net margin of 9.57% and a return on equity of 11.09%. The firm had revenue of $67.20 billion for the quarter, compared to analyst estimates of $62.72 billion. During the same period last year, the firm earned $1.77 earnings per share. The business’s quarterly revenue was up 57.4% compared to the same quarter last year. On average, equities analysts predict that Chevron Corporation will post 15.86 EPS for the current year.

Chevron Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be given a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Wednesday, August 19th. Chevron’s dividend payout ratio is presently 68.26%.

Institutional Trading of Chevron

A number of large investors have recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Chevron by 18.0% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,504,409 shares of the oil and gas company’s stock worth $1,243,931,000 after acquiring an additional 1,143,362 shares during the period. New Mexico Educational Retirement Board boosted its stake in Chevron by 6.6% in the second quarter. New Mexico Educational Retirement Board now owns 93,392 shares of the oil and gas company’s stock valued at $15,481,000 after acquiring an additional 5,800 shares during the last quarter. Mufg Securities Americas Inc. grew its position in shares of Chevron by 8.7% during the 2nd quarter. Mufg Securities Americas Inc. now owns 56,385 shares of the oil and gas company’s stock valued at $9,346,000 after acquiring an additional 4,527 shares during the period. Ferguson Wellman Capital Management Inc. increased its stake in shares of Chevron by 0.5% during the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 905,931 shares of the oil and gas company’s stock worth $150,167,000 after purchasing an additional 4,426 shares during the last quarter. Finally, Nissay Asset Management Corp Japan increased its stake in shares of Chevron by 14.7% during the 2nd quarter. Nissay Asset Management Corp Japan now owns 285,903 shares of the oil and gas company’s stock worth $47,391,000 after purchasing an additional 36,739 shares during the last quarter. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron reported an oil and gas condensate discovery at the 105-4X well in offshore Angola’s Block 0. The discovery’s proximity to existing infrastructure could allow a lower-cost tie-back and create a new source of production growth. Chevron’s Angola discovery could open a new growth chapter
• Positive Sentiment: Equinor agreed to acquire a 17.4% stake in Chevron-operated exploration licence PEL 90 offshore Namibia. The partnership shares exploration costs and risks while Chevron retains operatorship ahead of a planned 2026 well. Equinor takes stake in Chevron Namibia exploration licence
• Positive Sentiment: Chevron’s latest quarterly results exceeded expectations, with earnings of $6.06 per share versus the $5.55 consensus estimate and revenue of $67.20 billion. The sharp year-over-year improvement reinforces the company’s current earnings momentum.
• Positive Sentiment: Unusually high call-option activity reflected increased bullish positioning, with 62,675 calls purchased—about 45% above typical volume.
• Neutral Sentiment: Chevron’s $1.78 quarterly dividend, equal to a 3.5% annualized yield, continues to attract income-focused investors. However, the stock’s valuation and payout remain exposed to fluctuations in oil and natural-gas prices.
• Neutral Sentiment: Analysts maintain a generally favorable view, with a consensus “Moderate Buy” rating and an average price target of $207.13, suggesting limited upside from current levels.
• Negative Sentiment: CEO Michael Wirth sold 317,100 shares for approximately $63.6 million, reducing his reported stake by 92.34%. The sale may weigh on sentiment, although insider transactions can reflect personal financial planning rather than a change in business outlook. Chevron CEO share sale
• Negative Sentiment: A retreat in crude-oil prices has pressured energy stocks by reducing the near-term outlook for upstream revenue and cash flow, partially offsetting Chevron’s exploration and earnings catalysts. Chevron stock and retreating oil prices

Analyst Ratings Changes

CVX has been the topic of a number of analyst reports. Dbs Bank raised shares of Chevron to a “moderate buy” rating in a report on Thursday, August 6th. Scotiabank raised their price target on shares of Chevron from $168.00 to $187.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 22nd. Sanford C. Bernstein upped their price objective on shares of Chevron from $204.00 to $209.00 and gave the stock a “market perform” rating in a research report on Monday, August 3rd. Weiss Ratings upgraded shares of Chevron from a “hold (c)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Finally, Mizuho set a $224.00 target price on shares of Chevron in a research report on Monday, August 3rd. Twenty research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $207.48.

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.