Rep. Lisa C. McClain Sells Chevron Corporation (NYSE:CVX) Shares

Key Points

• Representative Lisa C. McClain sold shares of Chevron Corporation (NYSE:CVX) for amounts between $1,001 and $15,000 on June 24th, according to a filing made on August 13th.
• Chevron recently reported a profit of $1.77 EPS for the last quarter, outperforming analyst expectations, despite a 12.4% revenue decline compared to the previous year.
• The company declared a quarterly dividend of $1.71, yielding 4.4%, to be paid on September 10th to shareholders on record as of August 19th.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Chevron Corporation NYSE: CVX. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Chevron stock on June 24th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Chevron Trading Down 1.1%

CVX stock traded down $1.6940 during midday trading on Tuesday, hitting $151.9160. 4,442,642 shares of the company's stock were exchanged, compared to its average volume of 9,345,698. The stock's fifty day moving average price is $150.42 and its 200-day moving average price is $148.53. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.74 and a current ratio of 1.00. The company has a market cap of $262.51 billion, a PE ratio of 19.55, a price-to-earnings-growth ratio of 2.35 and a beta of 0.87. Chevron Corporation has a one year low of $132.04 and a one year high of $168.96.

Chevron (NYSE:CVX - Get Free Report) last issued its quarterly earnings results on Friday, August 1st. The oil and gas company reported $1.77 EPS for the quarter, beating analysts' consensus estimates of $1.58 by $0.19. The company had revenue of $44.82 billion for the quarter, compared to analyst estimates of $44.59 billion. Chevron had a return on equity of 9.90% and a net margin of 7.02%.The company's quarterly revenue was down 12.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.55 earnings per share. Research analysts predict that Chevron Corporation will post 10.79 earnings per share for the current fiscal year.

Chevron Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Tuesday, August 19th will be issued a dividend of $1.71 per share. The ex-dividend date is Tuesday, August 19th. This represents a $6.84 annualized dividend and a yield of 4.5%. Chevron's payout ratio is currently 88.03%.

Institutional Investors Weigh In On Chevron

Several institutional investors have recently made changes to their positions in CVX. Kingstone Capital Partners Texas LLC grew its stake in Chevron by 652,139.5% in the second quarter. Kingstone Capital Partners Texas LLC now owns 83,714,936 shares of the oil and gas company's stock valued at $13,214,757,000 after acquiring an additional 83,702,101 shares during the period. Norges Bank acquired a new stake in Chevron in the second quarter valued at approximately $2,721,477,000. GQG Partners LLC bought a new position in Chevron in the 1st quarter valued at about $1,466,751,000. Nuveen LLC bought a new position in Chevron in the 1st quarter valued at about $1,362,232,000. Finally, GAMMA Investing LLC lifted its position in Chevron by 21,191.5% in the 1st quarter. GAMMA Investing LLC now owns 5,408,248 shares of the oil and gas company's stock valued at $904,746,000 after acquiring an additional 5,382,847 shares in the last quarter. 72.42% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CVX has been the topic of a number of research reports. HSBC lowered Chevron from a "buy" rating to a "hold" rating and cut their price target for the company from $176.00 to $158.00 in a report on Tuesday, May 13th. Redburn Atlantic reiterated a "sell" rating and set a $124.00 target price (down previously from $156.00) on shares of Chevron in a report on Wednesday, April 23rd. Wells Fargo & Company reiterated an "overweight" rating and set a $178.00 target price on shares of Chevron in a report on Friday, August 1st. TD Cowen upped their target price on Chevron from $150.00 to $155.00 and gave the stock a "hold" rating in a report on Monday, August 4th. Finally, Morgan Stanley began coverage on Chevron in a report on Monday, August 4th. They set an "overweight" rating and a $174.00 target price on the stock. Eleven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $164.33.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.