McAlvany Wealth Management LLC Takes $1.73 Million Position in Chevron Corporation $CVX

Posted by Geri Gentry on Jun 21st, 2026

McAlvany Wealth Management LLC purchased a new position in shares of Chevron Corporation (NYSE:CVX – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,342 shares of the oil and gas company’s stock, valued at approximately $1,729,000. Chevron comprises 1.3% of McAlvany Wealth Management LLC’s investment portfolio, making the stock its 22nd largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in CVX. J. Derek Lewis & Associates Inc. bought a new position in Chevron in the 4th quarter valued at approximately $694,000. Cornerstone Planning LLC bought a new stake in Chevron during the 4th quarter worth approximately $2,986,000. Rockefeller Capital Management L.P. grew its holdings in Chevron by 13.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,456,172 shares of the oil and gas company’s stock worth $221,936,000 after acquiring an additional 167,792 shares during the last quarter. Lane Brothers & Co. Inc. bought a new stake in Chevron during the 4th quarter worth approximately $283,000. Finally, Fund Advisors of America Inc FL acquired a new position in Chevron in the 4th quarter valued at approximately $745,000. Institutional investors and hedge funds own 72.42% of the company’s stock.

Insider Buying and Selling at Chevron

In other Chevron news, Director John B. Hess sold 380,000 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $193.20, for a total transaction of $73,416,000.00. Following the completion of the sale, the director directly owned 278,045 shares in the company, valued at approximately $53,718,294. This trade represents a 57.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider R. Hewitt Pate sold 40,200 shares of Chevron stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $213.30, for a total value of $8,574,660.00. Following the completion of the transaction, the insider directly owned 8,638 shares of the company’s stock, valued at approximately $1,842,485.40. This trade represents a 82.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 615,200 shares of company stock worth $118,022,760. 0.56% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. TD Cowen raised their price target on shares of Chevron from $204.00 to $205.00 and gave the company a “hold” rating in a research note on Friday, May 8th. UBS Group boosted their price objective on shares of Chevron from $218.00 to $220.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Citigroup increased their price objective on Chevron from $210.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, April 2nd. Weiss Ratings lowered Chevron from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Finally, Tudor Pickering raised Chevron from a “hold” rating to a “buy” rating and set a $225.00 target price on the stock in a report on Thursday, April 9th. Eighteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $205.70.

Read Our Latest Report on Chevron

Chevron Stock Performance

NYSE:CVX opened at $173.51 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 1.09. Chevron Corporation has a fifty-two week low of $142.40 and a fifty-two week high of $214.71. The company has a 50 day simple moving average of $186.63 and a two-hundred day simple moving average of $179.01. The company has a market capitalization of $345.56 billion, a PE ratio of 30.07, a P/E/G ratio of 0.57 and a beta of 0.48.

Chevron (NYSE:CVX – Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.41. Chevron had a net margin of 5.79% and a return on equity of 6.90%. The firm had revenue of $47.56 billion for the quarter, compared to the consensus estimate of $51.86 billion. During the same quarter in the previous year, the company earned $2.18 EPS. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. Research analysts anticipate that Chevron Corporation will post 15.88 earnings per share for the current year.

Chevron Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, May 19th were issued a $1.78 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $7.12 annualized dividend and a yield of 4.1%. Chevron’s payout ratio is presently 123.40%.

Chevron Company 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.