Chevron (NYSE:CVX) Stock Moved Down to Hold by DZ Bank

Chevron (NYSE:CVX) was downgraded by stock analysts at DZ Bank from a “buy” rating to a “hold” rating in a report issued on Tuesday, Briefing.com reports. They currently have a $240.00 target price on the oil and gas company’s stock. DZ Bank‘s target price indicates a potential upside of 5.27% from the company’s current price.

Several other research firms have also commented on CVX. TD Cowen increased their price objective on shares of Chevron from $215.00 to $225.00 and gave the company a “hold” rating in a research report on Monday, October 12th. The Goldman Sachs Group reissued a “buy” rating and issued a $241.00 price objective on shares of Chevron in a research note on Tuesday, October 20th. Raymond James Financial reduced their target price on shares of Chevron from $230.00 to $225.00 and set an “outperform” rating on the stock in a report on Tuesday, July 21st. Wall Street Zen upgraded shares of Chevron from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, HSBC set a $90.00 target price on shares of Chevron in a research report on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Chevron has an average rating of “Moderate Buy” and an average target price of $219.32.

Chevron Stock Down 3.2%

NYSE CVX opened at $228.00 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.25. The company has a market capitalization of $450.47 billion, a P/E ratio of 16.68, a P/E/G ratio of 0.54 and a beta of 0.53. Chevron has a one year low of $146.49 and a one year high of $236.48. The stock has a 50 day moving average price of $213.61 and a 200-day moving average price of $193.39.

Chevron (NYSE:CVX) last posted its earnings results on Friday, October 30th. The oil and gas company reported $5.28 earnings per share for the quarter, beating analysts’ consensus estimates of $4.87 by $0.41. Chevron had a net margin of 9.57% and a return on equity of 11.09%. The firm had revenue of $65.24 billion during the quarter, compared to analyst estimates of $61.82 billion. During the same period last year, the firm posted $1.85 earnings per share. Chevron’s revenue for the quarter was up 36.3% compared to the same quarter last year. As a group, equities analysts predict that Chevron will post 18.15 EPS for the current fiscal year.

Insider Transactions at Chevron

In related news, CEO Michael K. Wirth sold 317,100 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $200.46, for a total transaction of $63,565,866.00. Following the completion of the transaction, the chief executive officer owned 26,308 shares in the company, valued at $5,273,701.68. The trade was a 92.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Andrew Walz sold 16,800 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $201.06, for a total value of $3,377,808.00. Following the completion of the transaction, the insider directly owned 14 shares in the company, valued at $2,814.84. This trade represents a 99.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 385,017 shares of company stock worth $78,253,704. 0.56% of the stock is currently owned by company insiders.

Institutional Trading of Chevron

Institutional investors and hedge funds have recently made changes to their positions in the business. Gemmer Asset Management LLC raised its stake in Chevron by 1.1% during the third quarter. Gemmer Asset Management LLC now owns 4,254 shares of the oil and gas company’s stock worth $869,000 after acquiring an additional 47 shares during the period. Livet Wealth LLC lifted its holdings in Chevron by 4.0% in the third quarter. Livet Wealth LLC now owns 1,268 shares of the oil and gas company’s stock worth $259,000 after acquiring an additional 49 shares during the last quarter. First PREMIER Bank boosted its stake in Chevron by 0.8% in the second quarter. First PREMIER Bank now owns 6,450 shares of the oil and gas company’s stock valued at $1,070,000 after acquiring an additional 50 shares during the period. Vanguard Capital Wealth Advisors boosted its stake in Chevron by 1.8% in the second quarter. Vanguard Capital Wealth Advisors now owns 2,818 shares of the oil and gas company’s stock valued at $467,000 after acquiring an additional 50 shares during the period. Finally, Nautilus Advisors LLC grew its holdings in shares of Chevron by 2.8% during the third quarter. Nautilus Advisors LLC now owns 1,859 shares of the oil and gas company’s stock valued at $380,000 after purchasing an additional 50 shares during the last quarter. 72.42% of the stock is currently owned by institutional investors.

Key Chevron News

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Strong third-quarter performance: Chevron reported adjusted earnings of $5.28 per share, above the $4.87 consensus estimate, while revenue rose roughly 36% year over year to about $67.8 billion. Record U.S. refining throughput and refining profits, sustained upstream production, and improved execution supported the beat. CVX Q3 deep dive: operational discipline, Venezuela expansion, and AI adoption drive results
• Positive Sentiment: Higher analyst expectations: UBS raised its price target from $235 to $265 and maintained a Buy rating, while Barclays lifted its target from $208 to $244, although it retained an Equal Weight rating. Analysts cited stronger earnings and a better free-cash-flow outlook. Chevron Analysts Raise Their Forecasts After Better-Than-Expected Q3 Earnings
• Positive Sentiment: Cash returns and balance sheet remain supportive: Chevron declared a quarterly dividend of $1.78 per share, equivalent to $7.12 annually and an indicated yield of about 3%. Reports also highlighted sharply lower net debt, while exchange-traded funds were net buyers of CVX shares. ETFs Are Buying Chevron (CVX) on Thursday
• Neutral Sentiment: Strategic updates: Management emphasized Venezuela production growth, potential $7 billion in related investment, disciplined capital allocation, and artificial-intelligence initiatives to improve reliability. Chevron also named Siva Barnwell Adams corporate secretary and chief governance officer, effective January 1, 2027. Siva Barnwell Adams Named Corporate Secretary and Chief Governance Officer
• Negative Sentiment: Valuation and profit-taking pressure: CVX has gained roughly 50%–59% this year and is trading above or near most published analyst targets. The pullback from its high is prompting investors to question whether the earnings surge—particularly record refining profits—can be sustained, encouraging some holders to lock in gains. Chevron & Exxon Mobil Stocks Retreat From 52-Week Highs: Buy the Dip?
• Negative Sentiment: Political risk is increasing: Critics have accused Chevron and other oil majors of benefiting from higher energy prices and “windfall” profits, potentially raising scrutiny of the industry and creating headline risk. Political criticism of Big Oil profits

Chevron Company Profile

Chevron Corporation (NYSE:CVX) is an integrated energy company engaged in the exploration, development, production, transportation and sale of crude oil and natural gas. Its upstream operations include oil and gas exploration and production, while its downstream business includes refining crude oil, marketing fuels and manufacturing and distributing lubricants, petrochemicals and fuel additives.

The company also invests in lower-carbon businesses and technologies, including renewable fuels, carbon capture and storage, hydrogen and other opportunities intended to reduce emissions from its operations and energy products.