Chevron (NYSE:CVX) Given New $180.00 Price Target at Barclays

Chevron (NYSE:CVX) had its price objective boosted by Barclays from $172.00 to $180.00 in a report issued on Monday,Benzinga reports. Barclays currently has an equal weight rating on the oil and gas company’s stock.

Other equities analysts also recently issued research reports about the company. 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 note on Tuesday, January 20th. Piper Sandler lifted their price objective on shares of Chevron from $179.00 to $242.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. Zacks Research upgraded shares of Chevron from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. UBS Group reiterated a “buy” rating and issued a $212.00 target price on shares of Chevron in a report on Monday, February 2nd. Finally, TD Cowen raised their price target on shares of Chevron from $160.00 to $168.00 and gave the company a “hold” rating in a research report on Monday, February 2nd. Thirteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $182.68.

Chevron Stock Performance

CVX opened at $196.90 on Monday. Chevron has a 1-year low of $132.04 and a 1-year high of $198.88. The company has a market cap of $392.88 billion, a price-to-earnings ratio of 29.56, a PEG ratio of 1.82 and a beta of 0.67. The company’s fifty day moving average price is $177.99 and its two-hundred day moving average price is $162.33. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. Chevron had a net margin of 6.51% and a return on equity of 7.89%. The firm had revenue of $45.79 billion during the quarter, compared to analysts’ expectations of $48.18 billion. During the same period last year, the company earned $2.06 earnings per share. The business’s revenue was down 10.2% on a year-over-year basis. On average, analysts expect that Chevron will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were given 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 yield of 3.6%. The ex-dividend date of this dividend was Tuesday, February 17th. Chevron’s payout ratio is presently 106.91%.

Insiders Place Their Bets

In other news, Vice Chairman Mark A. Nelson sold 139,600 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $187.92, for a total transaction of $26,233,632.00. Following the completion of the sale, the insider directly owned 11,337 shares of the company’s stock, valued at $2,130,449.04. This trade represents a 92.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider R. Hewitt Pate sold 58,000 shares of Chevron stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $188.65, for a total value of $10,941,700.00. Following the sale, the insider owned 8,558 shares in the company, valued at $1,614,466.70. The trade was a 87.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,099,397 shares of company stock worth $196,196,468 over the last 90 days. Company insiders own 0.20% of the company’s stock.

Institutional Trading of Chevron

Hedge funds have recently added to or reduced their stakes in the stock. Phillip James Consulting Co. purchased a new position in Chevron in the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC bought a new position in Chevron during the fourth quarter valued at $26,000. Karpus Management Inc. purchased a new stake in Chevron in the fourth quarter worth $27,000. Basso Capital Management L.P. bought a new stake in shares of Chevron in the fourth quarter valued at $27,000. Finally, Quattro Advisors LLC bought a new stake in shares of Chevron in the fourth quarter valued at $27,000. Institutional investors own 72.42% of the company’s stock.

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Piper Sandler sharply raised its price target (large upward revision), calling CVX one of the top large-cap energy picks — a signal that some institutional analysts see stronger upside. Piper Sandler Bumps Chevron
• Positive Sentiment: Chevron advanced the Aphrodite gas field in Cyprus by awarding Worley a FEED contract, moving a development-stage project closer to execution — potentially adding future production and cash flow. Chevron Advances Aphrodite
• Positive Sentiment: Oil prices topping $100 on heightened Iran conflict risk supports higher near-term revenue and margins for major integrated oil companies like Chevron, lifting sentiment across the sector. Oil Prices Top $100
• Positive Sentiment: Reports that Chevron and Shell are close to major production agreements in Venezuela suggest potential long‑term production upside if deals proceed and sanctions/geopolitics allow. Venezuela Move
• Neutral Sentiment: Chevron won a new exploration block in Libya — this expands resource exposure but adds country risk; impact depends on project success and regional stability. Libya Expansion
• Neutral Sentiment: Background piece on a former Chevron Venezuela executive (and alleged CIA informant) provides color on historical geopolitics but has limited direct market impact. Background on Venezuela Exec
• Negative Sentiment: Barclays raised its price target to $180 but kept an “equal weight” rating — the target sits well below the current share price, implying limited upside from this influential house and signaling caution. Barclays Raises PT
• Negative Sentiment: Chevron agreed to a DOJ settlement over invalid renewable fuel credits, paying about $1M and retiring ~2M credits (~$3.6M value) — modest financially but a regulatory/compliance overhang. DOJ Settlement
• Negative Sentiment: Operational and geopolitical strains — force majeure at Israel’s Leviathan field, portfolio reshaping, and workforce reductions — increase near-term execution risk and uncertainty for production guidance. Geopolitics and Restructuring

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.