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

Qvr LLC purchased a new position in shares of Chevron Corporation (NYSE:CVX) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 2,837 shares of the oil and gas company’s stock, valued at approximately $432,000.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Chevron by 17.9% during the 3rd quarter. Vanguard Group Inc. now owns 183,790,028 shares of the oil and gas company’s stock worth $28,540,753,000 after purchasing an additional 27,961,463 shares during the last quarter. State Street Corp increased its stake in shares of Chevron by 9.1% during the 3rd quarter. State Street Corp now owns 152,605,988 shares of the oil and gas company’s stock worth $23,698,184,000 after purchasing an additional 12,789,399 shares during the last quarter. Northern Trust Corp increased its stake in shares of Chevron by 15.3% during the 3rd quarter. Northern Trust Corp now owns 22,724,515 shares of the oil and gas company’s stock worth $3,528,890,000 after purchasing an additional 3,007,403 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of Chevron by 1.6% during the 3rd quarter. Fisher Asset Management LLC now owns 21,152,060 shares of the oil and gas company’s stock worth $3,284,704,000 after purchasing an additional 325,255 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Chevron by 27.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 19,627,146 shares of the oil and gas company’s stock worth $3,047,900,000 after purchasing an additional 4,279,918 shares during the last quarter. Hedge funds and other institutional investors own 72.42% of the company’s stock.

Chevron News Roundup

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on CVX shares. Scotiabank raised Chevron to a “hold” rating in a report on Friday, March 27th. Royal Bank Of Canada lifted their price objective on Chevron from $200.00 to $220.00 and gave the stock an “outperform” rating in a report on Monday, April 13th. Mizuho lifted their price objective on Chevron from $206.00 to $217.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. Wall Street Zen raised Chevron from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Wells Fargo & Company lifted their price objective on Chevron from $204.00 to $222.00 and gave the stock an “overweight” rating in a report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $194.21.

Chevron Stock Up 1.6%

Chevron stock opened at $186.13 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $370.81 billion, a price-to-earnings ratio of 27.95, a P/E/G ratio of 1.07 and a beta of 0.60. Chevron Corporation has a 1-year low of $133.77 and a 1-year high of $214.71. The firm has a 50 day simple moving average of $192.42 and a 200 day simple moving average of $169.60.

Chevron (NYSE:CVX) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.52 earnings per share 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%.The company’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.06 EPS. On average, analysts predict that Chevron Corporation will post 10.47 earnings per share for the current year.

Chevron Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were issued a dividend of $1.78 per share. 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 a boost from Chevron’s previous quarterly dividend of $1.71. Chevron’s payout ratio is presently 106.91%.

Insider Buying and Selling at Chevron

In other Chevron news, insider Andrew Benjamin Walz sold 22,200 shares of Chevron stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $176.53, for a total transaction of $3,918,966.00. Following the completion of the transaction, the insider owned 666 shares of the company’s stock, valued at $117,568.98. The trade was a 97.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Vice Chairman Mark A. Nelson sold 139,600 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $187.92, for a total transaction of $26,233,632.00. Following the transaction, the insider owned 11,337 shares of the company’s stock, valued at $2,130,449.04. This trade represents a 92.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 779,407 shares of company stock worth $145,972,971. 0.56% of the stock is owned by corporate insiders.

Chevron Company Profile

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.