Thomas Ryder Booth Sells 1,122 Shares of Chevron (NYSE:CVX) Stock

Chevron Corporation (NYSE:CVX) CTO Thomas Ryder Booth sold 1,122 shares of the firm’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $182.37, for a total value of $204,619.14. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Thursday, February 12th, Thomas Ryder Booth sold 11,076 shares of Chevron stock. The stock was sold at an average price of $184.40, for a total transaction of $2,042,414.40.
• 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 1.8%

NYSE:CVX opened at $183.75 on Thursday. Chevron Corporation has a 52 week low of $132.04 and a 52 week high of $186.52. The firm has a 50 day moving average of $164.50 and a 200 day moving average of $158.06. The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $369.98 billion, a price-to-earnings ratio of 27.59, a PEG ratio of 11.95 and a beta of 0.70.

Chevron (NYSE:CVX) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.08. The business had revenue of $45.79 billion for the quarter, compared to analyst estimates of $48.18 billion. Chevron had a net margin of 6.51% and a return on equity of 8.23%. The business’s revenue for the quarter was down 10.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.06 earnings per share. As a group, sell-side analysts anticipate that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Increases Dividend

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

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron-led consortium won four ultra‑deepwater offshore lease blocks in Greece (Chevron to be operator with ~70% interest) — a concrete reserves/exploration catalyst that supports long‑term upstream optionality. Read More.
• Positive Sentiment: Chevron raised its quarterly dividend to $1.78 (annualized $7.12), reinforcing its income appeal for yield‑seeking investors as Treasury yields have softened — supporting demand from dividend-focused funds. Read More.
• Positive Sentiment: An analyst upgrade (Melius Research: hold→buy, PT to $205) adds a fresh bullish view and a higher price target for CVX, which can attract some buy‑side interest even if short‑term impact is mixed. Read More.
• Neutral Sentiment: Macro/sector tailwinds: energy names are outperforming the S&P YTD, helping integrated majors like Chevron catch flows and attention — supportive for relative performance but also tied to commodity/rotation dynamics. Read More.
• Neutral Sentiment: Coverage and comparisons (Chevron vs. Exxon, vs. ConocoPhillips) have increased; this drives volume and debate over valuation vs. peers without immediately changing fundamentals. Read More.
• Neutral Sentiment: Retail/analysis interest: CVX is a trending ticker on outlets like Zacks and 24/7 Wall St., which can lift intraday activity but not necessarily change fundamentals. Read More.
• Negative Sentiment: Notable insider selling: recent Form 4 filings show multiple sales by executives (including Andrew Walz and CTO Thomas Ryder Booth), which investors often view as a cautionary sign even when company‑wide insiders still hold meaningful stakes. Read More.
• Negative Sentiment: Market shrugged off the Melius upgrade (shares initially dipped after the note), suggesting upgrades alone aren’t shifting investor conviction; short‑term rotation and profit‑taking may mute upside. Read More.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Sanford C. Bernstein upped their price objective on shares of Chevron from $170.00 to $172.00 and gave the company a “market perform” rating in a report on Monday, January 5th. HSBC lowered shares of Chevron from a “buy” rating to a “hold” rating and set a $180.00 price target on the stock. in a research note on Monday, February 2nd. Jefferies Financial Group lifted their price objective on shares of Chevron from $174.00 to $189.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Bank of America cut their target price on Chevron from $183.00 to $180.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Finally, Piper Sandler reduced their target price on Chevron from $178.00 to $174.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $176.36.

Institutional Trading of Chevron

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Core Wealth Advisors LLC purchased a new position in Chevron in the 4th quarter valued at about $26,000. Karpus Management Inc. acquired a new stake in shares of Chevron in the 4th quarter worth $27,000. Basso Capital Management L.P. purchased a new stake in shares of Chevron in the fourth quarter valued at about $27,000. Quattro Advisors LLC acquired a new stake in Chevron during the fourth quarter worth about $27,000. Finally, Quaker Wealth Management LLC raised its stake in Chevron by 197.7% during the second quarter. Quaker Wealth Management LLC now owns 217 shares of the oil and gas company’s stock worth $31,000 after purchasing an additional 439 shares during the period. 72.42% of the stock is currently 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.