Qvr LLC Takes $432,000 Position in Chevron Corporation $CVX

22 Apr 2026, 11:26 by Michael Walen · The Markets Daily

Qvr LLC acquired a new stake in shares of Chevron Corporation (NYSE:CVX – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,837 shares of the oil and gas company’s stock, valued at approximately $432,000.

Several other institutional investors have also recently made changes to their positions in the stock. Barlow Wealth Partners LLC raised its holdings in shares of Chevron by 1.1% during the fourth quarter. Barlow Wealth Partners LLC now owns 5,363 shares of the oil and gas company’s stock valued at $869,000 after purchasing an additional 60 shares during the period. Stone House Investment Management LLC raised its holdings in shares of Chevron by 6.1% during the fourth quarter. Stone House Investment Management LLC now owns 1,065 shares of the oil and gas company’s stock valued at $162,000 after purchasing an additional 61 shares during the period. TigerOak Management L.L.C. raised its holdings in shares of Chevron by 0.7% during the fourth quarter. TigerOak Management L.L.C. now owns 9,020 shares of the oil and gas company’s stock valued at $1,375,000 after purchasing an additional 62 shares during the period. Heritage Wealth Management Inc. raised its position in shares of Chevron by 0.3% during the fourth quarter. Heritage Wealth Management Inc. now owns 23,896 shares of the oil and gas company’s stock worth $3,642,000 after purchasing an additional 62 shares during the period. Finally, Wilkins Miller Wealth Management LLC raised its position in shares of Chevron by 0.7% during the fourth quarter. Wilkins Miller Wealth Management LLC now owns 8,645 shares of the oil and gas company’s stock worth $1,318,000 after purchasing an additional 63 shares during the period. Institutional investors and hedge funds own 72.42% of the company’s stock.

Insiders Place Their Bets

In other Chevron news, CEO Michael K. Wirth sold 272,624 shares of Chevron stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $189.35, for a total transaction of $51,621,354.40. Following the transaction, the chief executive officer owned 31,266 shares of the company’s stock, valued at $5,920,217.10. This trade represents a 89.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Alana K. Knowles sold 2,408 shares of Chevron stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $183.28, for a total transaction of $441,338.24. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 779,407 shares of company stock worth $145,972,971 in the last three months. 0.56% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Argus set a $203.00 target price on Chevron in a research report on Tuesday, February 3rd. Freedom Capital lowered Chevron from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. TD Cowen lowered their target price on Chevron from $214.00 to $204.00 and set a “hold” rating on the stock in a research report on Monday, April 13th. Wells Fargo & Company upped their target price on Chevron from $204.00 to $222.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. Finally, BNP Paribas Exane raised Chevron from a “neutral” rating to an “outperform” rating and set a $174.00 target price on the stock in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $194.21.

View Our Latest Report on Chevron

Key Headlines Impacting Chevron

Here are the key news stories impacting Chevron this week:

Positive Sentiment: BNP Paribas upgraded CVX to Outperform (price target cited) and multiple outlets now list Chevron among top crude/oil names to buy — a direct catalyst for investor demand as analysts point to tighter inventories and upside in oil prices. Chevron Corporation (CVX): Among the Best Crude Oil Stocks to Buy According to Analysts
Positive Sentiment: Broker consensus remains constructive — CVX is showing a “Moderate Buy” consensus from brokerages, reinforcing analyst-driven flows and supporting the stock’s short-term strength. Chevron Corporation (NYSE:CVX) Given Consensus Recommendation of “Moderate Buy” by Brokerages
Positive Sentiment: Dividend and cash-flow coverage highlights Chevron as a high-yield integrated major (CVX cited among >3% yield picks), which attracts income-focused buyers in a volatile oil market. That supports demand for the stock as investors seek yield plus commodity upside. Top 5 Dividend-Paying Stocks Yielding Over 3% for Income Investors in 2025
Positive Sentiment: Industry strategy and capital allocation stories: reports that Big Oil (including Chevron) is accelerating investment in non-Middle East acreage to de-risk supply (e.g., Venezuela, deepwater projects) point to longer-term reserve growth and potential value creation. Big Oil Plows Billions Into Far-Flung Drilling Sites to Escape Iran Turmoil
Neutral Sentiment: MarketBeat analysis reiterates why integrated majors like Chevron can hedge crude volatility via diversified upstream/downstream businesses — a thematic positive for long-term stability but not an immediate earnings surprise. Strait to Safety: How to Hedge Oil Volatility in the Crude Awakening (CVX)
Neutral Sentiment: Operational watch: a weekend fire at Chevron’s Pasadena, Texas refinery was reported extinguished — the quick resolution limits near-term operational risk, though investors will monitor any outage-related production or repair costs. Chevron says weekend fire at Pasadena, Texas, refinery now extinguished

Chevron Trading Up 1.6%

NYSE CVX opened at $186.13 on Wednesday. The firm has a market capitalization of $370.81 billion, a P/E ratio of 27.95, a PEG ratio of 1.07 and a beta of 0.60. The business has a fifty day simple moving average of $192.42 and a 200 day simple moving average of $169.60. Chevron Corporation has a 12 month low of $133.77 and a 12 month high of $214.71. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21.

Chevron (NYSE:CVX – Get Free Report) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. The business had revenue of $45.79 billion during the quarter, compared to analyst estimates of $48.18 billion. Chevron had a return on equity of 7.89% and a net margin of 6.51%.Chevron’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.06 EPS. On average, analysts predict that Chevron Corporation will post 10.47 EPS for the current fiscal year.

Chevron Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 17th were given a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Tuesday, February 17th. This is an increase from Chevron’s previous quarterly dividend of $1.71. Chevron’s payout ratio is currently 106.91%.

Chevron Profile

(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.