Healthcare of Ontario Pension Plan Trust Fund Buys 1,029,983 Shares of Occidental Petroleum Corporation $OXY

Posted by Brian Himes on Jun 15th, 2026

Healthcare of Ontario Pension Plan Trust Fund raised its stake in Occidental Petroleum Corporation (NYSE:OXY – Free Report) by 3,620.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,058,431 shares of the oil and gas producer’s stock after acquiring an additional 1,029,983 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Occidental Petroleum were worth $43,523,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Activest Wealth Management grew its holdings in Occidental Petroleum by 68.5% during the 4th quarter. Activest Wealth Management now owns 750 shares of the oil and gas producer’s stock worth $31,000 after acquiring an additional 305 shares during the last quarter. Rossby Financial LCC grew its holdings in Occidental Petroleum by 155.0% during the 4th quarter. Rossby Financial LCC now owns 765 shares of the oil and gas producer’s stock worth $31,000 after acquiring an additional 465 shares during the last quarter. Binnacle Investments Inc bought a new stake in Occidental Petroleum during the 3rd quarter worth approximately $35,000. McMillan Office Inc. bought a new stake in Occidental Petroleum during the 4th quarter worth approximately $35,000. Finally, Garner Asset Management Corp bought a new stake in Occidental Petroleum during the 4th quarter worth approximately $37,000. Institutional investors own 88.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on OXY shares. Morgan Stanley boosted their target price on shares of Occidental Petroleum from $73.00 to $74.00 and gave the stock an “equal weight” rating in a report on Thursday, May 21st. UBS Group reduced their target price on shares of Occidental Petroleum from $67.00 to $65.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Susquehanna boosted their target price on shares of Occidental Petroleum from $60.00 to $67.00 and gave the stock a “positive” rating in a report on Tuesday, April 21st. Raymond James Financial boosted their target price on shares of Occidental Petroleum from $64.00 to $75.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Finally, Citigroup reduced their target price on shares of Occidental Petroleum from $67.00 to $62.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $63.74.

Read Our Latest Report on Occidental Petroleum

Occidental Petroleum Stock Performance

NYSE:OXY opened at $56.53 on Monday. The company has a market capitalization of $56.22 billion, a PE ratio of 14.24 and a beta of 0.14. The company has a 50 day simple moving average of $57.88 and a two-hundred day simple moving average of $51.14. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.01 and a current ratio of 1.21. Occidental Petroleum Corporation has a fifty-two week low of $38.80 and a fifty-two week high of $67.45.

Occidental Petroleum (NYSE:OXY – Get Free Report) last released its earnings results on Tuesday, May 5th. The oil and gas producer reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.46. The business had revenue of $5.11 billion during the quarter, compared to the consensus estimate of $5.44 billion. Occidental Petroleum had a net margin of 19.98% and a return on equity of 9.65%. The company’s revenue for the quarter was down 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.14 EPS. Research analysts anticipate that Occidental Petroleum Corporation will post 5.79 earnings per share for the current year.

Occidental Petroleum Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, June 10th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Wednesday, June 10th. Occidental Petroleum’s dividend payout ratio is currently 26.20%.

Occidental Petroleum Profile

(Free Report)

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.