Chevron (NYSE:CVX) CTO Thomas Ryder Booth Sells 6,000 Shares

06 Feb 2026, 12:02 by Doug Wharley · The Cerbat Gem

Chevron Corporation (NYSE:CVX – Get Free Report) CTO Thomas Ryder Booth sold 6,000 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $178.43, for a total value of $1,070,580.00. Following the completion of the transaction, the chief technology officer directly owned 476 shares in the company, valued at approximately $84,932.68. The trade was a 92.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Chevron Stock Down 1.1%

CVX opened at $179.20 on Friday. The company has a market capitalization of $360.83 billion, a PE ratio of 26.91, a price-to-earnings-growth ratio of 12.49 and a beta of 0.70. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. Chevron Corporation has a fifty-two week low of $132.04 and a fifty-two week high of $182.59. The business has a 50-day moving average of $158.70 and a 200-day moving average of $156.19.

Chevron (NYSE:CVX – Get Free Report) last released its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The firm had revenue of $45.79 billion for the quarter, compared to the consensus estimate of $48.18 billion. Chevron had a return on equity of 8.23% and a net margin of 6.51%.The firm’s revenue was down 10.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.06 earnings per share. Equities research analysts forecast that Chevron Corporation will post 10.79 EPS for the current fiscal year.

Chevron Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $1.78 per share. This is a positive change from Chevron’s previous quarterly dividend of $1.71. The ex-dividend date is Tuesday, February 17th. This represents a $7.12 annualized dividend and a dividend yield of 4.0%. Chevron’s dividend payout ratio (DPR) is currently 106.91%.

Hedge Funds Weigh In On Chevron

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Chevron by 17.9% in the 3rd quarter. Vanguard Group Inc. now owns 183,790,028 shares of the oil and gas company’s stock valued at $28,540,753,000 after purchasing an additional 27,961,463 shares during the period. Norges Bank bought a new position in shares of Chevron during the 2nd quarter worth about $2,721,477,000. State Street Corp raised its position in shares of Chevron by 9.1% during the third quarter. State Street Corp now owns 152,605,988 shares of the oil and gas company’s stock valued at $23,698,184,000 after buying an additional 12,789,399 shares during the last quarter. Primecap Management Co. CA bought a new stake in shares of Chevron in the third quarter valued at about $988,083,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in Chevron by 822.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,211,258 shares of the oil and gas company’s stock worth $946,658,000 after buying an additional 5,537,580 shares in the last quarter. Institutional investors own 72.42% of the company’s stock.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

Positive Sentiment: Analyst upgrade pushed CVX to a new 12‑month high and triggered intraday buying, supporting the rally. Article Title
Positive Sentiment: Chevron signed an initial exploration MOU for offshore Syrian waters with a Qatari partner — a potential long‑term production upside if projects proceed (geopolitical and sanction risk remain). Article Title
Positive Sentiment: Reports say Chevron and Exxon are pursuing expansion in OPEC‑linked countries as U.S. policy shifts open deal opportunities — this can accelerate reserves and production growth if executed. Article Title
Positive Sentiment: Macro tailwinds: energy sector strength, higher oil demand forecasts and Chevron’s 2026 guidance (targeting ~10% cash‑flow and production CAGR) underpin bullish sentiment. Article Title
Neutral Sentiment: Senior leadership reshuffle announced for 2026 — internal promotions and retirements may be orderly succession but are unlikely to move fundamentals immediately. Article Title
Neutral Sentiment: Valuation checks and analyst commentary note CVX has run up in recent weeks — some investors are debating whether gains are priced in after January’s strong performance. Article Title
Negative Sentiment: Significant insider selling reported: CFO, vice chairman, CTO and other senior execs disclosed large share sales (multi‑million dollar transactions) over Feb. 3–5 — this can be perceived as profit‑taking or governance red flag and may weigh on sentiment. Article Title
Negative Sentiment: Q4 report: EPS beat but revenue missed — revenue is down year‑over‑year, highlighting near‑term demand/price pressure even as cash‑flow guidance looks constructive. Article Title

Wall Street Analyst Weigh In

Several research firms have weighed in on CVX. Hsbc Global Res lowered Chevron from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. TD Cowen raised their price objective on Chevron from $160.00 to $168.00 and gave the company a “hold” rating in a research note on Monday. JPMorgan Chase & Co. raised Chevron from a “neutral” rating to an “overweight” rating and set a $176.00 target price for the company in a research report on Tuesday, January 20th. Morgan Stanley dropped their price target on shares of Chevron from $180.00 to $174.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Finally, Zacks Research upgraded shares of Chevron from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. Twelve analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $175.00.

View Our Latest Research Report on CVX

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.