4,460 Chevron Corporation $CVX Shares Sold by R Squared Ltd

Posted by George Bondi on Nov 13th, 2026

R Squared Ltd lessened its holdings in shares of Chevron Corporation (NYSE:CVX – Free Report) by 38.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,092 shares of the oil and gas company’s stock after selling 4,460 shares during the quarter. Chevron accounts for 0.8% of R Squared Ltd’s portfolio, making the stock its 14th largest position. R Squared Ltd’s holdings in Chevron were worth $1,448,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of CVX. Gemmer Asset Management LLC boosted its stake in shares of Chevron by 1.1% during the 3rd quarter. Gemmer Asset Management LLC now owns 4,254 shares of the oil and gas company’s stock valued at $869,000 after buying an additional 47 shares during the last quarter. Livet Wealth LLC grew its position in shares of Chevron by 4.0% during the third quarter. Livet Wealth LLC now owns 1,268 shares of the oil and gas company’s stock worth $259,000 after buying an additional 49 shares in the last quarter. Uhlmann Price Securities LLC increased its stake in shares of Chevron by 3.1% in the third quarter. Uhlmann Price Securities LLC now owns 1,639 shares of the oil and gas company’s stock worth $335,000 after buying an additional 49 shares during the last quarter. First PREMIER Bank increased its stake in shares of Chevron by 0.8% in the second quarter. First PREMIER Bank now owns 6,450 shares of the oil and gas company’s stock worth $1,070,000 after buying an additional 50 shares during the last quarter. Finally, Vanguard Capital Wealth Advisors raised its holdings in Chevron by 1.8% in the second quarter. Vanguard Capital Wealth Advisors now owns 2,818 shares of the oil and gas company’s stock valued at $467,000 after acquiring an additional 50 shares in the last quarter. Institutional investors and hedge funds own 72.42% of the company’s stock.

Insider Activity

In related news, Vice Chairman Mark A. Nelson sold 112,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 10th. The stock was sold at an average price of $210.48, for a total value of $23,573,760.00. Following the sale, the insider owned 11,647 shares of the company’s stock, valued at approximately $2,451,460.56. This trade represents a 90.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Andrew Walz sold 16,800 shares of the business’s stock in a transaction that occurred 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 transaction, the insider owned 14 shares of the company’s stock, valued at $2,814.84. This represents a 99.92% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 174,370 shares of company stock valued at $37,224,309. 0.56% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on CVX shares. BMO Capital Markets increased their price objective on shares of Chevron from $210.00 to $235.00 and gave the company an “outperform” rating in a research note on Thursday, September 3rd. JPMorgan Chase & Co. upped their target price on shares of Chevron from $190.00 to $222.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. BNP Paribas Exane reduced their price target on shares of Chevron from $230.00 to $224.00 and set an “outperform” rating on the stock in a research report on Friday, July 17th. Wells Fargo & Company lifted their price target on Chevron from $230.00 to $268.00 and gave the stock an “overweight” rating in a research note on Monday, November 2nd. Finally, Bank of America upped their price objective on Chevron from $210.00 to $227.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Chevron currently has an average rating of “Moderate Buy” and an average price target of $222.81.

Get Our Latest Analysis on CVX

Chevron Trading Up 1.6%

Chevron stock opened at $216.64 on Friday. Chevron Corporation has a 1 year low of $146.49 and a 1 year high of $236.48. The firm’s 50-day moving average is $215.33 and its 200-day moving average is $195.33. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.07 and a current ratio of 1.34. The company has a market cap of $425.78 billion, a P/E ratio of 15.85, a PEG ratio of 0.50 and a beta of 0.47.

Chevron (NYSE:CVX – Get Free Report) last announced its quarterly earnings data on Friday, October 30th. The oil and gas company reported $5.28 earnings per share for the quarter, beating analysts’ consensus estimates of $4.87 by $0.41. The business had revenue of $65.24 billion during the quarter, compared to the consensus estimate of $61.82 billion. Chevron had a net margin of 11.56% and a return on equity of 14.49%. The company’s revenue for the quarter was up 36.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.85 EPS. On average, equities analysts expect that Chevron Corporation will post 18.64 earnings per share for the current year.

Chevron Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 18th will be issued a dividend of $1.78 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $7.12 annualized dividend and a dividend yield of 3.3%. Chevron’s dividend payout ratio is 52.08%.

Chevron News Summary

Investors following CVX have been watching these news items:

Positive Sentiment: Chevron plans to restart its Ralston biodiesel facility in Iowa, supported by a feedstock supply agreement with Landus Cooperative. The move could add to its renewable-fuels activity, though the articles provided no financial contribution estimates. Article: Chevron to Restart Ralston Biodiesel Facility in Iowa
Negative Sentiment: Sanford C. Bernstein cut its price target to $233 from $248 and maintained a “market perform” rating, signaling less upside in its updated view. Article: Bernstein Lowers Chevron Price Target
Negative Sentiment: Vice Chairman Mark Nelson sold 112,000 shares for about $23.6 million, reducing his direct holdings by 90.6%. Insider sales can draw investor attention, though the transaction alone does not establish the seller’s motivation. SEC Form 4 filing

Chevron Company Profile

(Free Report)

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.