Analysts’ Recent Ratings Changes for Chevron (CVX)

Several analysts have recently updated their ratings and price targets for Chevron (NYSE: CVX):

• 10/16/2026 – Chevron was upgraded by Weiss Ratings from “buy (b)” to “buy (b+)”.
• 10/15/2026 – Chevron had its price target raised by Morgan Stanley from $218.00 to $226.00. They now have an “overweight” rating on the stock.
• 10/12/2026 – Chevron was given a new $234.00 price target by Mizuho.
• 10/12/2026 – Chevron had its price target raised by TD Cowen from $215.00 to $225.00. They now have a “hold” rating on the stock.
• 10/8/2026 – Chevron had its price target raised by UBS Group AG from $220.00 to $235.00. They now have a “buy” rating on the stock.
• 10/5/2026 – Chevron was upgraded by Zacks Research from “hold” to “strong-buy”.
• 9/28/2026 – Chevron had its price target raised by TD Cowen from $205.00 to $215.00. They now have a “hold” rating on the stock.
• 9/25/2026 – Chevron was given a new $250.00 price target by UBS Group AG.
• 9/25/2026 – Chevron was given a new $90.00 price target by HSBC Holdings plc.
• 9/25/2026 – Chevron had its price target raised by HSBC Holdings plc from $218.00 to $250.00. They now have a “buy” rating on the stock.
• 9/24/2026 – Chevron had its price target raised by Royal Bank Of Canada from $220.00 to $230.00. They now have an “outperform” rating on the stock.
• 9/22/2026 – Chevron had its price target lowered by The Goldman Sachs Group, Inc. from $240.00 to $228.00. They now have a “buy” rating on the stock.
• 9/3/2026 – Chevron had its price target raised by BMO Capital Markets from $210.00 to $235.00. They now have an “outperform” rating on the stock.
• 9/3/2026 – Chevron had its price target raised by Piper Sandler from $207.00 to $243.00. They now have an “overweight” rating on the stock.
• 9/3/2026 – Chevron had its price target raised by Wells Fargo & Company from $226.00 to $230.00. They now have an “overweight” rating on the stock.

Chevron Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, August 19th were paid a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Wednesday, August 19th. Chevron’s dividend payout ratio (DPR) is 68.26%.

Insider Activity

In other news, insider R. Pate sold 2,470 shares of Chevron stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $205.11, for a total value of $506,621.70. Following the transaction, the insider owned 10,794 shares in the company, valued at approximately $2,213,957.34. This trade represents a 18.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Andrew Walz sold 16,800 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $201.06, for a total value of $3,377,808.00. Following the transaction, the insider directly owned 14 shares of the company’s stock, valued at approximately $2,814.84. The trade was a 99.92% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,152,582 shares of company stock valued at $225,853,661. 0.56% of the stock is owned by insiders.

Chevron Corporation (NYSE:CVX) is an integrated energy company engaged in the exploration, development, production, transportation and sale of crude oil and natural gas. Its upstream operations include oil and gas exploration and production, while its downstream business includes refining crude oil, marketing fuels and manufacturing and distributing lubricants, petrochemicals and fuel additives.

The company also invests in lower-carbon businesses and technologies, including renewable fuels, carbon capture and storage, hydrogen and other opportunities intended to reduce emissions from its operations and energy products.