Rep. David Taylor Purchases Shares of Chevron Corporation (NYSE:CVX)

Posted by Sarita Garza on Jul 3rd, 2026

Representative David Taylor (Republican-Ohio) recently bought shares of Chevron Corporation (NYSE:CVX). In a filing disclosed on July 01st, the Representative disclosed that they had bought between $1,001 and $15,000 in Chevron stock on June 15th. 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 Installed Building Products (NYSE:IBP) on 6/15/2026.
Purchased $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 6/5/2026.
Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 6/5/2026.
Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 6/5/2026.
Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 6/5/2026.
Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 6/5/2026.
Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/5/2026.
Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/5/2026.
Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 5/15/2026.
Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 5/15/2026.

Chevron Stock Up 2.0%

NYSE:CVX opened at $169.06 on Friday. Chevron Corporation has a one year low of $145.58 and a one year high of $214.71. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.84. The company has a market cap of $336.71 billion, a PE ratio of 29.30, a P/E/G ratio of 0.55 and a beta of 0.50. The firm’s 50 day simple moving average is $183.65 and its 200 day simple moving average is $180.48.

Chevron (NYSE:CVX – Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.41. The firm had revenue of $47.56 billion during the quarter, compared to analysts’ expectations of $51.86 billion. Chevron had a net margin of 5.79% and a return on equity of 6.90%. The company’s revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.18 EPS. On average, research analysts anticipate that Chevron Corporation will post 15.52 earnings per share for the current year.

Chevron Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, May 19th were given a dividend of $1.78 per share. The ex-dividend date was Tuesday, May 19th. This represents a $7.12 annualized dividend and a yield of 4.2%. Chevron’s dividend payout ratio (DPR) is currently 123.40%.

Insider Buying and Selling at Chevron

In other Chevron news, Director John B. Hess sold 380,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $193.20, for a total value of $73,416,000.00. Following the sale, the director owned 278,045 shares of the company’s stock, valued at approximately $53,718,294. This trade represents a 57.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.56% of the company’s stock.

Analyst Upgrades and Downgrades

CVX has been the subject of several analyst reports. Piper Sandler raised their target price on Chevron from $179.00 to $242.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. UBS Group reissued a “buy” rating on shares of Chevron in a research note on Tuesday, June 23rd. Morgan Stanley lowered their price objective on Chevron from $214.00 to $210.00 and set an “overweight” rating for the company in a research report on Monday. The Goldman Sachs Group reiterated a “buy” rating and issued a $216.00 target price on shares of Chevron in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $220.00 target price on shares of Chevron in a research report on Tuesday, May 5th. Nineteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Chevron presently has a consensus rating of “Moderate Buy” and a consensus target price of $205.71.

Get Our Latest Research Report on CVX

Institutional Investors Weigh In On Chevron

Several institutional investors and hedge funds have recently made changes to their positions in the business. Cornerstone Advisory LLC lifted its holdings in shares of Chevron by 0.9% during the 1st quarter. Cornerstone Advisory LLC now owns 5,625 shares of the oil and gas company’s stock worth $1,164,000 after acquiring an additional 52 shares during the period. Compton Financial Group LLC increased its stake in Chevron by 1.9% in the first quarter. Compton Financial Group LLC now owns 2,944 shares of the oil and gas company’s stock valued at $609,000 after acquiring an additional 56 shares during the last quarter. Quantum Portfolio Management LLC increased its stake in Chevron by 2.7% in the first quarter. Quantum Portfolio Management LLC now owns 2,101 shares of the oil and gas company’s stock valued at $435,000 after acquiring an additional 56 shares during the last quarter. Wealthspire Retirement LLC raised its position in Chevron by 0.9% during the first quarter. Wealthspire Retirement LLC now owns 6,530 shares of the oil and gas company’s stock valued at $1,351,000 after purchasing an additional 56 shares in the last quarter. Finally, D.B. Root & Company LLC raised its position in Chevron by 1.0% during the fourth quarter. D.B. Root & Company LLC now owns 5,552 shares of the oil and gas company’s stock valued at $846,000 after purchasing an additional 57 shares in the last quarter. Institutional investors own 72.42% of the company’s stock.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

Positive Sentiment: Wolfe Research upgraded Chevron to Outperform from Peer Perform, saying the recent share pullback has created an attractive entry point and that improving long-term free cash flow prospects are not fully reflected in the stock. Wolfe Research upgrades Chevron to Outperform on strong cash flow outlook
Positive Sentiment: Chevron and Microsoft signed a 20-year deal to power an AI-focused Texas data center, and Chevron is reviewing additional U.S. data center power projects, expanding its role in AI-related electricity demand. Chevron (CVX) Just Signed A 20 Year Microsoft AI Data Center Power Deal
Positive Sentiment: Chevron announced its 2Q 2026 earnings conference call date, keeping investors focused on the upcoming quarterly update. Advisory: Chevron Corporation’s 2Q 2026 Earnings Conference Call and Webcast
Neutral Sentiment: Several commentary pieces argued Chevron remains attractive for income investors and highlighted its dividend history and strategic shift toward new energy opportunities, but these were mostly opinion-driven rather than new hard catalysts. Should You Buy Chevron While It’s Below $180 or Wait for a Bigger Dip?
Neutral Sentiment: Other articles discussed Chevron’s role in broader energy-sector and AI-power trends, but they did not add a major new company-specific catalyst. Chevron (NYSE:CVX) Powers Data Center Push
Negative Sentiment: Reports noting oil’s move to a four-month low point to near-term pressure on Chevron’s earnings and investor sentiment if crude prices stay weak. Oil’s 4-month low hands Exxon, Chevron a fresh problem

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

(Get Free Report)

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.