Fintel reports that on January 31, 2025, Goldman Sachs downgraded their outlook for Occidental Petroleum (LSE:0KAK) from Neutral to Sell.
Analyst Price Forecast Suggests 27.28% Upside
As of January 28, 2025, the average one-year price target for Occidental Petroleum is 62.13 GBX/share. The forecasts range from a low of 51.21 GBX to a high of 84.55 GBX. The average price target represents an increase of 27.28% from its latest reported closing price of 48.82 GBX / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Occidental Petroleum is 27,329MM, an increase of 0.71%. The projected annual non-GAAP EPS is 4.07.
What is the Fund Sentiment?
There are 1,826 funds or institutions reporting positions in Occidental Petroleum. This is an decrease of 2 owner(s) or 0.11% in the last quarter. Average portfolio weight of all funds dedicated to 0KAK is 0.29%, an increase of 6.06%. Total shares owned by institutions increased in the last three months by 0.58% to 828,185K shares.
What are Other Shareholders Doing?
Berkshire Hathaway holds 255,282K shares representing 27.21% ownership of the company. No change in the last quarter.
Dodge & Cox holds 78,011K shares representing 8.31% ownership of the company. In its prior filing, the firm reported owning 78,361K shares , representing a decrease of 0.45%. The firm decreased its portfolio allocation in 0KAK by 23.30% over the last quarter.
DODGX – Dodge & Cox Stock Fund holds 54,291K shares representing 5.79% ownership of the company. No change in the last quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 20,345K shares representing 2.17% ownership of the company. In its prior filing, the firm reported owning 19,619K shares , representing an increase of 3.57%. The firm decreased its portfolio allocation in 0KAK by 20.36% over the last quarter.
XLE – The Energy Select Sector SPDR Fund holds 17,942K shares representing 1.91% ownership of the company. In its prior filing, the firm reported owning 18,409K shares , representing a decrease of 2.60%. The firm decreased its portfolio allocation in 0KAK by 14.90% over the last quarter.
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