Chevron (NYSE:CVX) Shares Down 1.5% After Insider Selling

Chevron Corporation (NYSE:CVX)’s stock price was down 1.5% on Monday after an insider sold shares in the company. The company traded as low as $172.65 and last traded at $174.2560. Approximately 14,167,579 shares were traded during mid-day trading, an increase of 8% from the average daily volume of 13,157,231 shares. The stock had previously closed at $176.90.

Specifically, CFO Eimear P. Bonner sold 7,534 shares of the stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $170.00, for a total value of $1,280,780.00. Following the transaction, the chief financial officer owned 4,366 shares of the company’s stock, valued at approximately $742,220. This represents a 63.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Alana K. Knowles sold 3,200 shares of the company’s stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $170.00, for a total transaction of $544,000.00. Following the sale, the insider directly owned 1,207 shares of the company’s stock, valued at $205,190. The trade was a 72.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure.

Analyst Upgrades and Downgrades

CVX has been the topic of several analyst reports. BMO Capital Markets reiterated an “outperform” rating and set a $190.00 price target on shares of Chevron in a research note on Monday. JPMorgan Chase & Co. upgraded 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. Zacks Research raised Chevron from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. Citigroup cut their price objective on Chevron from $185.00 to $179.00 and set a “buy” rating for the company in a research note on Monday, January 5th. Finally, Jefferies Financial Group lifted their price target on shares of Chevron from $174.00 to $189.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $173.05.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: CEO Mike Wirth outlined a plan to power AI data centers with natural gas via off?grid energy parks in Texas — a move that could create a new, long?duration demand channel and monetize gas assets while aiming not to raise consumer power costs. Chevron CEO details strategy to shield consumers from soaring AI power costs
• Positive Sentiment: Wells Fargo raised its price target on CVX to $204 and set an Overweight rating — a materially higher PT that signals upside from current levels and can support buying interest. Benzinga
• Positive Sentiment: Coverage and screens continue to trend bullish (TipRanks notes a StrongBuy posture and recent momentum), reinforcing investor sentiment after strong cash returns and production results. Chevron Stock Forecast: Trending StrongBuy Despite Valuation Jitters
• Positive Sentiment: Management is highlighting record production and a record $27B returned to shareholders (dividends + buybacks), which supports dividend?sensitive investors and buyback-driven EPS support. ‘RECORD $27 BILLION’: Chevron CEO spotlights MASSIVE shareholder payout
• Positive Sentiment: Chevron plans to increase Venezuelan crude exports to the U.S. and expand operations there — potential near?term volume upside and lower costs of supply if political and operational risk are managed. Chevron Set to Increase Venezuelan Crude Oil Exports to the United States
• Neutral Sentiment: TD Cowen nudged its price target up to $168 but kept a Hold rating — marginally constructive on valuation but not an outright buy signal. CVX: Price Target Raised by TD Cowen
• Neutral Sentiment: Small institutional moves reported (e.g., Donaldson Capital Management trimming a stake) — routine portfolio rebalancing rather than a clear sell signal. Donaldson Capital Management LLC sells shares of Chevron
• Negative Sentiment: Macro: oil prices fell sharply after U.S.–Iran tensions eased and prediction?market odds for a U.S. strike cooled — lower oil benchmarks directly pressure upstream revenue and near?term cash flow. Oil Slides As Iran War Odds Cool
• Negative Sentiment: Q4 results showed net income down (~12.5% to $2.84B) and revenue below expectations — mixed earnings can sap momentum despite EPS beats. Chevron Q4 2025 net income drops 12.5% to $2.84bn
• Negative Sentiment: Dividend hike (4%) was smaller than some expected — supportive for income investors but slightly below optimistic forecasts, which can damp near?term enthusiasm. Chevron Hikes Its Dividend – But It’s Less Than Expected
• Negative Sentiment: Insider selling: Chevron CFO sold about $1.28M of stock — typically viewed as a modest negative signal unless disclosed as routine diversification. Insider Selling: Chevron CFO Sells Stock

Chevron Stock Performance

The stock has a market capitalization of $350.87 billion, a PE ratio of 26.16, a price-to-earnings-growth ratio of 12.32 and a beta of 0.70. The business’s fifty day moving average is $156.40 and its two-hundred day moving average is $155.49. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19.

Chevron (NYSE:CVX) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $48.18 billion. During the same period in the prior year, the company earned $2.06 EPS. The business’s revenue was down 10.2% compared to the same quarter last year. As a group, research analysts anticipate that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders 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 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Tuesday, February 17th. Chevron’s payout ratio is currently 96.20%.

Hedge Funds Weigh In On Chevron

A number of large investors have recently made changes to their positions in CVX. Vanguard Group Inc. lifted its stake in shares of Chevron by 17.9% during the 3rd quarter. Vanguard Group Inc. now owns 183,790,028 shares of the oil and gas company’s stock worth $28,540,753,000 after acquiring an additional 27,961,463 shares during the last quarter. Norges Bank bought a new position in Chevron in the 2nd quarter worth about $2,721,477,000. State Street Corp grew its stake in 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 acquiring an additional 12,789,399 shares in the last quarter. Primecap Management Co. CA bought a new stake in shares of Chevron during the third quarter valued at approximately $988,083,000. Finally, Bank of New York Mellon Corp grew its stake in Chevron by 27.9% in the third quarter. Bank of New York Mellon Corp now owns 19,627,146 shares of the oil and gas company’s stock worth $3,047,900,000 after purchasing an additional 4,279,918 shares in the last quarter. 72.42% of the stock is owned by hedge funds and other institutional investors.

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.