WINTON GROUP Ltd Sells 78,439 Shares of Occidental Petroleum Corporation $OXY

WINTON GROUP Ltd trimmed its holdings in Occidental Petroleum Corporation (NYSE:OXY) by 74.7% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 26,500 shares of the oil and gas producer’s stock after selling 78,439 shares during the quarter. WINTON GROUP Ltd’s holdings in Occidental Petroleum were worth $1,252,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Occidental Petroleum by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 89,201,540 shares of the oil and gas producer’s stock valued at $4,214,773,000 after acquiring an additional 697,521 shares during the last quarter. State Street Corp increased its stake in Occidental Petroleum by 1.6% in the 2nd quarter. State Street Corp now owns 39,044,478 shares of the oil and gas producer’s stock worth $1,649,147,000 after purchasing an additional 615,566 shares during the period. Geode Capital Management LLC lifted its position in Occidental Petroleum by 22.0% in the second quarter. Geode Capital Management LLC now owns 18,089,878 shares of the oil and gas producer’s stock valued at $756,796,000 after purchasing an additional 3,267,269 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Occidental Petroleum by 11.5% during the third quarter. Dimensional Fund Advisors LP now owns 8,718,939 shares of the oil and gas producer’s stock valued at $412,045,000 after purchasing an additional 900,677 shares during the period. Finally, Fairfax Financial Holdings Ltd. Can grew its holdings in shares of Occidental Petroleum by 0.5% in the second quarter. Fairfax Financial Holdings Ltd. Can now owns 6,050,418 shares of the oil and gas producer’s stock worth $254,118,000 after purchasing an additional 30,000 shares during the last quarter. Institutional investors own 88.70% of the company’s stock.

Occidental Petroleum Trading Up 4.6%

NYSE:OXY opened at $55.55 on Thursday. The company has a 50-day moving average price of $46.87 and a 200-day moving average price of $44.45. The stock has a market cap of $54.78 billion, a price-to-earnings ratio of 34.50 and a beta of 0.34. The company has a current ratio of 0.94, a quick ratio of 0.74 and a debt-to-equity ratio of 0.73. Occidental Petroleum Corporation has a 12 month low of $34.78 and a 12 month high of $56.34.

Occidental Petroleum (NYSE:OXY) last issued its quarterly earnings results on Wednesday, February 18th. The oil and gas producer reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.13. Occidental Petroleum had a return on equity of 9.89% and a net margin of 9.14%.The company had revenue of $5.11 billion for the quarter, compared to analysts’ expectations of $6.02 billion. During the same period in the prior year, the firm earned $0.80 earnings per share. The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. Equities analysts predict that Occidental Petroleum Corporation will post 3.58 EPS for the current year.

Occidental Petroleum Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 10th will be issued a dividend of $0.26 per share. The ex-dividend date is Tuesday, March 10th. This is a positive change from Occidental Petroleum’s previous quarterly dividend of $0.24. This represents a $1.04 annualized dividend and a dividend yield of 1.9%. Occidental Petroleum’s dividend payout ratio (DPR) is 64.60%.

Analysts Set New Price Targets

Several brokerages recently commented on OXY. Wolfe Research decreased their target price on shares of Occidental Petroleum from $55.00 to $54.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 21st. Piper Sandler raised their price target on shares of Occidental Petroleum from $47.00 to $54.00 and gave the stock a “neutral” rating in a report on Thursday, March 5th. Wall Street Zen raised Occidental Petroleum from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. BMO Capital Markets upped their price target on Occidental Petroleum from $48.00 to $60.00 and gave the company a “market perform” rating in a research report on Monday, February 23rd. Finally, Bank of America increased their price objective on Occidental Petroleum from $44.00 to $45.00 in a report on Tuesday, January 27th. Seven analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Occidental Petroleum presently has a consensus rating of “Hold” and an average target price of $51.86.

Insider Transactions at Occidental Petroleum

In related news, Director William R. Klesse bought 5,000 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were purchased at an average cost of $38.98 per share, with a total value of $194,900.00. Following the completion of the purchase, the director owned 218,913 shares in the company, valued at approximately $8,533,228.74. The trade was a 2.34% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.31% of the company’s stock.

Trending Headlines about Occidental Petroleum

Here are the key news stories impacting Occidental Petroleum this week:

• Positive Sentiment: Occidental disclosed a US$1.20 billion debt tender and proposed covenant changes — moves that can reduce near‑term refinancing risk and improve balance‑sheet flexibility, helping credit-sensitive investors. Should Occidental’s US$1.20 Billion Debt Tender and Covenant Changes Require Action From OXY Investors?
• Positive Sentiment: Short interest fell meaningfully in February (down ~12.6% to ~28.8M shares), reducing one source of downside pressure and the risk of short-squeeze volatility. This supports a firmer near-term technical setup. (data item)
• Positive Sentiment: Options activity shows elevated call volume and bullish directional flows, indicating trader interest in upside exposure ahead of catalysts (earnings/guidance/debt actions). Occidental Petroleum call volume above normal and directionally bullish
• Neutral Sentiment: Goldman Sachs raised its price target from $41 to $54 but kept a “sell” rating — the target lift narrows downside but the sell stance signals continued caution from that shop. Benzinga
• Neutral Sentiment: Street research and fair‑value estimates are moving into the mid‑to‑high $50s as analysts reprice 2026 guidance and oil assumptions; this clusters expectations closer to current levels and may limit large rating surprises. How The Occidental Petroleum (OXY) Narrative Is Shifting With New Targets And 2026 Guidance
• Neutral Sentiment: Recent quarterly results showed an EPS beat but a revenue miss and mixed margins — fundamentals support the dividend and buyback story but leave growth sensitivity tied to oil prices. (company filings)
• Negative Sentiment: President Trump said he would tap the Strategic Petroleum Reserve to lower energy costs amid the Iran war — a reserve release would put downward pressure on crude and weigh on oil-weighted names like OXY. Iran war: Trump says he’ll tap Strategic Petroleum Reserve to cut energy costs
• Negative Sentiment: Geopolitical headlines — notably Iran’s appointment of a harder-line new supreme leader — are keeping oil-price volatility high; while this can lift prices at times, persistent uncertainty fuels swings that can hurt OXY’s trading performance. Five things to know about Iran’s new supreme leader, Mojtaba Khamenei
• Negative Sentiment: Analyst pieces arguing the “war premium” is fading and that Exxon may be a better play suggest some rotation within large-cap oil names; sector commentary like this can cap OXY’s re-rating if capital flows shift elsewhere. The War Premium Is Fading: Why I Favor Exxon Mobil Over Occidental Petroleum
• Negative Sentiment: Coverage noting a sharp crude pullback earlier this week explains prior single‑day OXY weakness — oil whiplash is the main short-term risk for the stock. Occidental Petroleum falls 3.1% as oil prices reverse lower amid Middle East-driven volatility

About Occidental Petroleum

Occidental Petroleum Corporation (OXY) is an international energy company engaged primarily in the exploration, production and marketing of oil and natural gas. The company conducts upstream activities to discover and produce hydrocarbons and operates complementary midstream and marketing functions to transport and sell its production. Occidental also owns a chemicals business that manufactures and sells industrial chemicals and related products for a range of end markets.

Occidental’s operations are concentrated in the United States, with a significant presence in the Permian Basin, and it maintains exploration and production activities in several international regions, including parts of the Middle East, Latin America and Africa.