Representative David Taylor (Republican-Ohio) recently sold shares of Chevron Corporation (NYSE:CVX). In a filing disclosed on March 20th, the Representative disclosed that they had sold between $1,001 and $15,000 in Chevron stock on March 12th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.
Representative David Taylor also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/11/2026.
- Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/11/2026.
- Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 3/11/2026.
- Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 3/11/2026.
- Sold $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 2/26/2026.
Chevron Stock Performance
NYSE:CVX opened at $206.77 on Wednesday. The firm has a market capitalization of $412.59 billion, a PE ratio of 31.05, a PEG ratio of 1.90 and a beta of 0.67. Chevron Corporation has a 1 year low of $132.04 and a 1 year high of $209.79. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The firm’s fifty day simple moving average is $183.03 and its 200 day simple moving average is $164.16.
Chevron Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were paid a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Tuesday, February 17th. This is a boost from Chevron’s previous quarterly dividend of $1.71. Chevron’s dividend payout ratio (DPR) is 106.91%.
Insider Buying and Selling at Chevron
In other Chevron news, CEO Michael K. Wirth sold 320,700 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $162.99, for a total transaction of $52,270,893.00. Following the completion of the transaction, the chief executive officer owned 14,450 shares in the company, valued at $2,355,205.50. This trade represents a 95.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider R. Hewitt Pate sold 58,000 shares of Chevron stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $188.65, for a total value of $10,941,700.00. Following the sale, the insider directly 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 SEC filing for this sale provides additional information. Insiders sold a total of 1,099,397 shares of company stock valued at $196,196,468 over the last quarter. 0.20% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on CVX. Freedom Capital cut Chevron from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Melius Research raised Chevron from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a report on Tuesday, February 17th. JPMorgan Chase & Co. raised Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 price target on the stock in a research report on Tuesday, January 20th. BMO Capital Markets reissued an “outperform” rating and issued a $190.00 price objective on shares of Chevron in a research report on Monday, February 2nd. Finally, Zacks Research upgraded shares of Chevron from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. Fourteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Chevron presently has a consensus rating of “Hold” and a consensus price target of $184.77.
View Our Latest Stock Report on Chevron
Institutional Investors Weigh In On Chevron
Institutional investors have recently added to or reduced their stakes in the company. Core Wealth Advisors LLC bought a new stake in shares of Chevron during the fourth quarter valued at approximately $26,000. Phillip James Consulting Co. bought a new position in Chevron in the fourth quarter worth $26,000. Basso Capital Management L.P. acquired a new stake in Chevron during the fourth quarter worth $27,000. Karpus Management Inc. bought a new stake in Chevron in the 4th quarter valued at $27,000. Finally, Quattro Advisors LLC bought a new stake in Chevron in the 4th quarter valued at $27,000. 72.42% of the stock is owned by institutional investors and hedge funds.
Key Headlines Impacting Chevron
Here are the key news stories impacting Chevron this week:
- Positive Sentiment: Analyst upgrade lifted investor sentiment — an upgrade published overnight prompted buying interest, cited by market headlines as a near-term reason for CVX strength. Read More.
- Positive Sentiment: Chevron agreed a crude offtake deal with Sable Offshore to secure additional West Coast feedstock, reducing regional refinery sourcing risk and supporting refining margins in a tight market. That deal is being cited as a tactical supply win for CVX. Read More.
- Positive Sentiment: CEO Mike Wirth’s public warnings that futures markets are “trading on scant information” and have not fully priced in the Strait of Hormuz supply shock can be bullish for producers — investors view underpriced physical supply risk as potential upside to oil and to majors like Chevron. Read More.
- Neutral Sentiment: Chevron is positioning for longer-term supply resilience — management pushed for Venezuelan legal clarity to unlock investment and highlighted Chevron’s LNG/export role; strategic messaging supports a constructive long-term equity story but is not an immediate earnings driver. Read More.
- Neutral Sentiment: Sector rally context: energy stocks have rallied strongly YTD, lifting CVX alongside peers; analysts have been raising targets (some already see upside vs. current levels). This macro tailwind helps but increases sensitivity to oil swings. Read More.
- Negative Sentiment: Oil prices fell on reports of a U.S. diplomatic push toward talks with Iran, which reduced near-term risk premia and briefly pressured energy shares — that drop caps upside for CVX until geopolitical clarity returns. Read More.
- Negative Sentiment: New reports that Iran is imposing ad‑hoc transit fees in the Strait of Hormuz add another layer of shipping cost and geopolitical uncertainty; while such disruptions can ultimately support oil prices, they also increase volatility and execution risk for trades and logistics tied to Chevron’s operations. Read More.
About Representative Taylor
David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.
David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.
About Chevron
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.
Further Reading
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