Chevron (NYSE:CVX) Shares Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Chevron Co. NYSE: CVX. In a filing disclosed on May 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in Chevron stock on May 14th.

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

• Purchased $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 5/16/2025.
• Purchased $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of Impinj NASDAQ: PI on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of Corning NYSE: GLW on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of Cardinal Health NYSE: CAH on 5/14/2025.
• Purchased $15,001 - $50,000 in shares of UnitedHealth Group NYSE: UNH on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of Blackstone NYSE: BX on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of Hershey NYSE: HSY on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 5/14/2025.

Chevron Trading Down 0.9%

CVX stock opened at $137.21 on Wednesday. Chevron Co. has a 12-month low of $132.04 and a 12-month high of $168.96. The business's 50-day moving average is $146.04 and its 200 day moving average is $151.61. The company has a current ratio of 1.07, a quick ratio of 0.80 and a debt-to-equity ratio of 0.13. The stock has a market cap of $239.62 billion, a price-to-earnings ratio of 14.12, a PEG ratio of 1.46 and a beta of 0.83.

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

Chevron Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Monday, May 19th will be paid a dividend of $1.71 per share. This represents a $6.84 annualized dividend and a dividend yield of 4.99%. The ex-dividend date of this dividend is Monday, May 19th. Chevron's payout ratio is 78.17%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CVX. DZ Bank cut Chevron from a "buy" rating to a "sell" rating and set a $130.00 target price for the company. in a report on Tuesday, May 6th. Mizuho dropped their price objective on shares of Chevron from $188.00 to $186.00 and set an "outperform" rating for the company in a report on Tuesday, May 13th. TD Cowen reduced their target price on shares of Chevron from $155.00 to $150.00 and set a "hold" rating on the stock in a research note on Monday, May 5th. Piper Sandler dropped their price target on shares of Chevron from $173.00 to $162.00 and set an "overweight" rating for the company in a research note on Tuesday, May 13th. Finally, Royal Bank of Canada restated an "outperform" rating and set a $175.00 price target on shares of Chevron in a report on Monday, February 3rd. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $160.24.

Hedge Funds Weigh In On Chevron

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Regent Peak Wealth Advisors LLC grew its position in Chevron by 4.3% during the 4th quarter. Regent Peak Wealth Advisors LLC now owns 4,117 shares of the oil and gas company's stock worth $596,000 after purchasing an additional 168 shares during the last quarter. Capital & Planning LLC increased its position in Chevron by 15.2% during the 4th quarter. Capital & Planning LLC now owns 1,678 shares of the oil and gas company's stock worth $243,000 after purchasing an additional 222 shares during the period. Merit Financial Group LLC raised its stake in shares of Chevron by 19.7% during the 4th quarter. Merit Financial Group LLC now owns 81,697 shares of the oil and gas company's stock worth $11,833,000 after buying an additional 13,443 shares in the last quarter. Somerset Trust Co lifted its holdings in shares of Chevron by 2.6% in the 4th quarter. Somerset Trust Co now owns 14,756 shares of the oil and gas company's stock valued at $2,137,000 after buying an additional 371 shares during the period. Finally, Helen Stephens Group LLC boosted its stake in shares of Chevron by 4.8% in the fourth quarter. Helen Stephens Group LLC now owns 3,489 shares of the oil and gas company's stock valued at $505,000 after buying an additional 159 shares in the last quarter. 72.42% of the stock is owned by institutional investors and hedge funds.

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.

About Chevron

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.

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