Chevron (NYSE:CVX) Stock Price Down 1.1% – Time to Sell?

Chevron Corporation (NYSE:CVX) shares dropped 1.1% during trading on Monday . The stock traded as low as $201.75 and last traded at $203.0280. Approximately 5,503,852 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 10,816,142 shares. The stock had previously closed at $205.27.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Brent crude is holding near $94 per barrel after a second consecutive weekly gain, improving the economics of Chevron’s upstream business and supporting the shares. Chevron Rises as Iran Pressure Keeps Brent Near $94
• Positive Sentiment: Analysts and financial commentators continue to favor Chevron as an energy investment, citing stronger 2026 earnings growth, production momentum and significant Guyana exposure compared with Shell. Chevron vs. Shell: Which Energy Major Offers a Better Bet?
• Positive Sentiment: Chevron remains highlighted as a long-term dividend stock. Recent coverage notes that both Chevron and ExxonMobil raised their dividends again in 2026 and delivered strong quarters, reinforcing CVX’s appeal to income-focused investors. 3 Dividend Stocks to Buy and Hold for the Next Decade, Starting With Chevron
• Positive Sentiment: Chevron’s latest quarterly results substantially exceeded expectations, with earnings and revenue benefiting from higher energy prices and year-over-year growth, strengthening the fundamental case for the company.
• Neutral Sentiment: Brokerages maintain a consensus “Moderate Buy” recommendation, while Zacks has placed CVX on its watch list based on earnings growth and price strength. Chevron Given Consensus Recommendation of Moderate Buy
• Neutral Sentiment: Uriel “Ose” Oseguera will become Chevron’s treasurer, succeeding retiring executive Navin Mahajan. The change affects capital markets, finance and risk-management oversight but is not presented as a shift in strategy. Why Is Chevron Naming a New Treasurer Worth Watching?
• Negative Sentiment: Recent strength has prompted some profit-taking, and a reported price-target reduction drew criticism from Jim Cramer. This may be limiting near-term upside despite the company’s favorable operating outlook. Jim Cramer Wasn’t Happy About Chevron Price Target Cut

Analysts Set New Price Targets

A number of research firms have issued reports on CVX. TD Cowen increased their target price on Chevron from $200.00 to $205.00 and gave the stock a “hold” rating in a report on Wednesday, August 5th. Mizuho set a $224.00 price objective on Chevron in a research report on Monday, August 3rd. Sanford C. Bernstein lifted their target price on Chevron from $204.00 to $209.00 and gave the company a “market perform” rating in a research report on Monday, August 3rd. Dbs Bank raised Chevron to a “moderate buy” rating in a research report on Thursday, August 6th. Finally, Bank of America boosted their target price on Chevron from $210.00 to $227.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. Twenty research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $207.48.

Chevron Stock Down 1.1%

The firm’s 50-day simple moving average is $185.03 and its 200 day simple moving average is $188.17. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.25. The stock has a market capitalization of $401.14 billion, a P/E ratio of 19.47, a PEG ratio of 0.61 and a beta of 0.49.

Chevron (NYSE:CVX) last released its earnings results on Friday, July 31st. The oil and gas company reported $6.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.55 by $0.51. Chevron had a return on equity of 11.09% and a net margin of 9.57%.The business had revenue of $67.20 billion for the quarter, compared to the consensus estimate of $62.72 billion. During the same quarter in the previous year, the business earned $1.77 earnings per share. Chevron’s quarterly revenue was up 57.4% on a year-over-year basis. As a group, research analysts expect that Chevron Corporation will post 16.17 EPS for the current year.

Chevron Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be paid a dividend of $1.78 per share. The ex-dividend date is Wednesday, August 19th. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.5%. Chevron’s dividend payout ratio is currently 68.26%.

Insider Buying and Selling

In other Chevron news, insider R. Hewitt Pate sold 2,470 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $205.11, for a total value of $506,621.70. Following the completion of the sale, the insider owned 10,794 shares in the company, valued at $2,213,957.34. This trade represents a 18.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Andrew Benjamin Walz sold 16,800 shares of Chevron stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $201.06, for a total transaction of $3,377,808.00. Following the completion of the transaction, the insider directly owned 14 shares of the company’s stock, valued at approximately $2,814.84. This trade represents a 99.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,152,582 shares of company stock worth $225,853,661. 0.56% of the stock is owned by corporate insiders.

Institutional Trading of Chevron

Several institutional investors and hedge funds have recently bought and sold shares of the business. United Bank lifted its position in Chevron by 7.7% during the second quarter. United Bank now owns 11,079 shares of the oil and gas company’s stock worth $1,586,000 after acquiring an additional 796 shares during the last quarter. Schnieders Capital Management LLC. grew its position in shares of Chevron by 9.0% in the second quarter. Schnieders Capital Management LLC. now owns 50,839 shares of the oil and gas company’s stock valued at $7,280,000 after purchasing an additional 4,214 shares during the last quarter. BNP Paribas increased its stake in shares of Chevron by 76.4% during the second quarter. BNP Paribas now owns 441 shares of the oil and gas company’s stock worth $63,000 after purchasing an additional 191 shares during the period. Osterweis Capital Management Inc. lifted its holdings in Chevron by 678.9% during the 2nd quarter. Osterweis Capital Management Inc. now owns 1,363 shares of the oil and gas company’s stock worth $195,000 after purchasing an additional 1,188 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its holdings in Chevron by 3.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 16,052 shares of the oil and gas company’s stock worth $2,299,000 after purchasing an additional 553 shares during the last quarter. Institutional investors own 72.42% of the company’s stock.

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.