Rep. Marjorie Taylor Greene Purchases Shares of Chevron Co. (NYSE:CVX)

by · The Cerbat Gem

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Chevron Co. (NYSE:CVX). In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Chevron stock on May 5th. The trade occurred in the Representative’s “MARJORIE IRA” account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 5/5/2025.
  • Purchased $1,001 – $15,000 in shares of Occidental Petroleum (NYSE:OXY) on 5/5/2025.
  • Purchased $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 5/5/2025.
  • Purchased $1,001 – $15,000 in shares of MercadoLibre (NASDAQ:MELI) on 5/5/2025.
  • Purchased $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 5/5/2025.
  • Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 5/5/2025.
  • Purchased $1,001 – $15,000 in shares of Gilead Sciences (NASDAQ:GILD) on 5/5/2025.
  • Purchased $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 5/5/2025.
  • Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 5/5/2025.
  • Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 5/5/2025.

Chevron Price Performance

NYSE CVX opened at $135.73 on Thursday. Chevron Co. has a 1 year low of $132.04 and a 1 year high of $168.96. The company has a market cap of $238.97 billion, a P/E ratio of 13.96, a P/E/G ratio of 1.46 and a beta of 0.83. The company has a fifty day simple moving average of $148.49 and a 200 day simple moving average of $152.23. The company has a current ratio of 1.07, a quick ratio of 0.80 and a debt-to-equity ratio of 0.13.

Chevron (NYSE:CVX – Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $2.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.03. The firm had revenue of $47.61 billion for the quarter, compared to analyst estimates of $49.05 billion. Chevron had a return on equity of 11.44% and a net margin of 8.71%. The company’s quarterly revenue was down 2.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.93 earnings per share. On average, sell-side analysts predict that Chevron Co. will post 10.79 EPS for the current year.

Chevron Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Monday, May 19th will be issued a $1.71 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $6.84 annualized dividend and a yield of 5.04%. Chevron’s dividend payout ratio (DPR) is currently 78.17%.

Analysts Set New Price Targets

CVX has been the topic of several recent analyst reports. Scotiabank lowered Chevron from a “sector outperform” rating to a “sector perform” rating and decreased their price target for the company from $160.00 to $143.00 in a research note on Friday, April 11th. Wells Fargo & Company decreased their price objective on shares of Chevron from $173.00 to $164.00 and set an “overweight” rating on the stock in a research note on Monday. BNP Paribas cut Chevron to a “cautious” rating in a report on Tuesday, April 15th. Truist Financial dropped their target price on shares of Chevron from $164.00 to $160.00 and set a “hold” rating for the company in a research note on Tuesday, February 4th. Finally, Barclays cut shares of Chevron from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $171.00 to $152.00 in a research report on Wednesday, April 23rd. Three analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $161.25.

View Our Latest Research Report on Chevron

Insider Buying and Selling at Chevron

In other Chevron news, VP Jeff B. Gustavson sold 9,325 shares of the firm’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $152.50, for a total value of $1,422,062.50. Following the transaction, the vice president now directly owns 1,057 shares of the company’s stock, valued at $161,192.50. This trade represents a 89.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.20% of the company’s stock.

Institutional Investors Weigh In On Chevron

A number of hedge funds and other institutional investors have recently bought and sold shares of CVX. Life Planning Partners Inc bought a new stake in Chevron during the fourth quarter worth $25,000. IMG Wealth Management Inc. acquired a new position in shares of Chevron in the fourth quarter valued at $25,000. Mizuho Securities Co. Ltd. acquired a new stake in shares of Chevron during the 4th quarter worth about $29,000. 10Elms LLP acquired a new position in Chevron in the 4th quarter valued at about $29,000. Finally, Fairway Wealth LLC grew its position in shares of Chevron by 75.9% in the fourth quarter. Fairway Wealth LLC now owns 204 shares of the oil and gas company’s stock valued at $30,000 after purchasing an additional 88 shares during the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

Chevron Company Profile

(Get Free Report)

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

Further Reading