Chevron (NYSE:CVX) Cut to “Hold” at DZ Bank

Chevron (NYSE:CVX) was downgraded by stock analysts at DZ Bank from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday, Briefing.com reports. They presently have a $240.00 price target on the oil and gas company’s stock. DZ Bank‘s price target would suggest a potential upside of 5.27% from the stock’s previous close.

Other research analysts have also recently issued research reports about the stock. Jefferies Financial Group upped their target price on shares of Chevron from $216.00 to $233.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. Wells Fargo & Company raised their price target on shares of Chevron from $230.00 to $268.00 and gave the company an “overweight” rating in a research note on Monday. Dbs Bank raised Chevron to a “moderate buy” rating in a report on Thursday, August 6th. BMO Capital Markets boosted their price objective on Chevron from $210.00 to $235.00 and gave the stock an “outperform” rating in a research report on Thursday, September 3rd. Finally, Mizuho set a $234.00 price objective on Chevron in a report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned 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, Chevron presently has a consensus rating of “Moderate Buy” and an average price target of $219.32.

Chevron Stock Performance

Shares of CVX opened at $228.00 on Tuesday. The firm has a fifty day moving average of $213.61 and a 200-day moving average of $193.39. The company has a market cap of $450.47 billion, a price-to-earnings ratio of 16.68, a price-to-earnings-growth ratio of 0.54 and a beta of 0.53. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.25. Chevron has a 1 year low of $146.49 and a 1 year high of $236.48.

Chevron (NYSE:CVX) last released its quarterly earnings data on Friday, October 30th. The oil and gas company reported $5.28 earnings per share for the quarter, topping analysts’ consensus estimates of $4.87 by $0.41. The business had revenue of $65.24 billion for the quarter, compared to analysts’ expectations of $61.82 billion. Chevron had a net margin of 9.57% and a return on equity of 11.09%. The company’s revenue for the quarter was up 36.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.85 EPS. As a group, equities analysts anticipate that Chevron will post 18.15 earnings per share for the current year.

Insider Transactions at Chevron

In other news, insider R. Pate sold 40,700 shares of the company’s stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $226.65, for a total value of $9,224,655.00. Following the completion of the sale, the insider owned 8,791 shares in the company, valued at $1,992,480.15. This represents a 82.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andrew Walz sold 16,800 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $201.06, for a total value of $3,377,808.00. Following the completion of the sale, the insider owned 14 shares of the company’s stock, valued at approximately $2,814.84. This trade represents a 99.92% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 385,017 shares of company stock valued at $78,253,704. Corporate insiders own 0.56% of the company’s stock.

Institutional Investors Weigh In On Chevron

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Blue Capital Inc. acquired a new position in shares of Chevron in the 2nd quarter worth $786,000. OneAscent Wealth Management LLC purchased a new stake in shares of Chevron during the second quarter valued at $973,000. Global Retirement Partners LLC purchased a new stake in shares of Chevron during the second quarter valued at $14,276,000. Greg Jennings LLC acquired a new position in shares of Chevron in the 3rd quarter valued at $1,314,000. Finally, Ferguson Wellman Capital Management Inc. boosted its position in shares of Chevron by 0.6% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 911,718 shares of the oil and gas company’s stock valued at $186,182,000 after purchasing an additional 5,787 shares during the period. 72.42% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Strong third-quarter performance: Chevron reported adjusted earnings of $5.28 per share, above the $4.87 consensus estimate, while revenue rose roughly 36% year over year to about $67.8 billion. Record U.S. refining throughput and refining profits, sustained upstream production, and improved execution supported the beat. CVX Q3 deep dive: operational discipline, Venezuela expansion, and AI adoption drive results
• Positive Sentiment: Higher analyst expectations: UBS raised its price target from $235 to $265 and maintained a Buy rating, while Barclays lifted its target from $208 to $244, although it retained an Equal Weight rating. Analysts cited stronger earnings and a better free-cash-flow outlook. Chevron Analysts Raise Their Forecasts After Better-Than-Expected Q3 Earnings
• Positive Sentiment: Cash returns and balance sheet remain supportive: Chevron declared a quarterly dividend of $1.78 per share, equivalent to $7.12 annually and an indicated yield of about 3%. Reports also highlighted sharply lower net debt, while exchange-traded funds were net buyers of CVX shares. ETFs Are Buying Chevron (CVX) on Thursday
• Neutral Sentiment: Strategic updates: Management emphasized Venezuela production growth, potential $7 billion in related investment, disciplined capital allocation, and artificial-intelligence initiatives to improve reliability. Chevron also named Siva Barnwell Adams corporate secretary and chief governance officer, effective January 1, 2027. Siva Barnwell Adams Named Corporate Secretary and Chief Governance Officer
• Negative Sentiment: Valuation and profit-taking pressure: CVX has gained roughly 50%–59% this year and is trading above or near most published analyst targets. The pullback from its high is prompting investors to question whether the earnings surge—particularly record refining profits—can be sustained, encouraging some holders to lock in gains. Chevron & Exxon Mobil Stocks Retreat From 52-Week Highs: Buy the Dip?
• Negative Sentiment: Political risk is increasing: Critics have accused Chevron and other oil majors of benefiting from higher energy prices and “windfall” profits, potentially raising scrutiny of the industry and creating headline risk. Political criticism of Big Oil profits

Chevron Company Profile

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.