Chevron (NYSE:CVX) CTO Sells $2,042,414.40 in Stock

Chevron Corporation (NYSE:CVX) CTO Thomas Ryder Booth sold 11,076 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief technology officer owned 1,122 shares of the company’s stock, valued at approximately $206,896.80. This represents a 90.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Thomas Ryder Booth also recently made the following trade(s):

• On Friday, February 13th, Thomas Ryder Booth sold 1,122 shares of Chevron stock. The shares were sold at an average price of $182.37, for a total transaction of $204,619.14.
• On Wednesday, February 11th, Thomas Ryder Booth sold 5 shares of Chevron stock. The shares were sold at an average price of $184.77, for a total transaction of $923.85.
• On Tuesday, February 3rd, Thomas Ryder Booth sold 6,000 shares of Chevron stock. The stock was sold at an average price of $178.43, for a total transaction of $1,070,580.00.

Chevron Trading Up 0.6%

Shares of CVX opened at $184.89 on Friday. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $187.90. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.19. The firm’s 50-day moving average price is $165.18 and its 200-day moving average price is $158.25. The firm has a market capitalization of $372.27 billion, a price-to-earnings ratio of 27.76, a PEG ratio of 12.17 and a beta of 0.70.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 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 business had revenue of $45.79 billion during the quarter, compared to analyst estimates of $48.18 billion. During the same period last year, the business posted $2.06 earnings per share. Chevron’s quarterly revenue was down 10.2% compared to the same quarter last year. Sell-side analysts anticipate that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th will be paid a $1.78 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This is a positive change from Chevron’s previous quarterly dividend of $1.71. This represents a $7.12 annualized dividend and a yield of 3.9%. Chevron’s payout ratio is currently 106.91%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CVX. UBS Group reaffirmed a “buy” rating and issued a $212.00 target price on shares of Chevron in a research report on Monday, February 2nd. Wells Fargo & Company upped their price objective on shares of Chevron from $196.00 to $204.00 and gave the stock an “overweight” rating in a report on Monday, February 2nd. Scotiabank reissued a “sector perform” rating and issued a $168.00 price target on shares of Chevron in a research report on Friday, January 16th. TD Cowen upped their price target on Chevron from $160.00 to $168.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. Finally, JPMorgan Chase & Co. upgraded Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price objective for the company in a research note on Tuesday, January 20th. Thirteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $176.36.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of CVX. D.B. Root & Company LLC boosted its holdings in shares of Chevron by 1.0% during the 4th quarter. D.B. Root & Company LLC now owns 5,552 shares of the oil and gas company’s stock worth $846,000 after buying an additional 57 shares during the period. Fox Hill Wealth Management boosted its holdings in shares of Chevron by 1.7% during the fourth quarter. Fox Hill Wealth Management now owns 3,443 shares of the oil and gas company’s stock worth $525,000 after acquiring an additional 57 shares during the period. Cornerstone Planning Group LLC grew its position in shares of Chevron by 6.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 930 shares of the oil and gas company’s stock valued at $142,000 after purchasing an additional 59 shares during the last quarter. MMA Asset Management LLC increased its stake in shares of Chevron by 3.4% during the fourth quarter. MMA Asset Management LLC now owns 1,820 shares of the oil and gas company’s stock worth $277,000 after purchasing an additional 59 shares during the period. Finally, EWA LLC lifted its holdings in Chevron by 2.8% during the 4th quarter. EWA LLC now owns 2,182 shares of the oil and gas company’s stock worth $333,000 after purchasing an additional 59 shares during the last quarter. 72.42% of the stock is owned by institutional investors.

Chevron News Roundup

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron-led consortium won multiple offshore exploration blocks in Greece (Chevron is operator with ~70% interest), expanding long‑term upstream optionality and reserve exposure — a clear growth catalyst for the stock. Chevron-led consortium signs gas exploration deal in Greece
• Positive Sentiment: Chevron boosted its quarterly dividend (annualized ~$7.12; yield ~3.9%), reinforcing income appeal and supporting demand from yield‑focused investors. Dividend announcement
• Positive Sentiment: Independent coverage is bullish: several outlets highlight CVX as a defensive, dividend‑paying leader in a strong energy sector and some analysts (including a recent upgrade) have raised targets, which can attract long‑only flows. Chevron: Buy And Hold Like Berkshire Hathaway
• Neutral Sentiment: Quarterly results mixed: EPS beat estimates but revenue was below consensus and year‑over‑year revenue declined — this supports earnings quality but leaves questions on near‑term volume/price headwinds. Earnings recap
• Neutral Sentiment: Broader sector momentum and analyst write‑ups (valuation debates, dividend comparisons vs. Exxon) are increasing attention on CVX; that can boost volume and volatility without changing fundamentals. Chevron vs Exxon article
• Negative Sentiment: Turkey publicly opposed Greece‑Chevron activity off Crete, calling it unlawful — this creates a geopolitical/regulatory overhang on Mediterranean projects and could delay execution. Turkey says Greece-Chevron activity unlawful
• Negative Sentiment: Insider selling disclosures (company officers selling stock in recent filings) add a near‑term negative signal and may amplify selling pressure for short windows. Insider selling

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.