Stocks

Family Legacy Inc. Invests in Chevron Amid Strong Quarter

Guavy AI Editorial Team Published August 16, 2026

Instruments

CVX

Family Legacy Inc., a financial institution, has invested in Chevron Corporation (NYSE:CVX), according to its most recent filing with the Securities and Exchange Commission. The fund bought 8,929 shares of Chevron's stock, valued at approximately $1,480,000.

This is not an isolated investment in Chevron; several other hedge funds have also made changes to their positions in CVX during the second quarter. Cornerstone Advisory LLC increased its holdings by 0.9%, Compton Financial Group LLC grew its position by 1.9%, and Quantum Portfolio Management LLC raised its stake by 2.7%.

Analysts expect Chevron to post $15.86 earnings per share for the current fiscal year, following a strong quarter where the oil and gas company reported $6.06 EPS, surpassing analysts' estimates of $5.55. The firm's revenue was up 57.4% compared to the same quarter last year.

Family Legacy Inc. Invests in Chevron Amid Strong Quarter

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