WESPAC Advisors LLC Boosts Stake in Woodside Energy Group Ltd (NYSE:WDS)

WESPAC Advisors LLC increased its position in Woodside Energy Group Ltd (NYSE:WDS) by 13.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 26,874 shares of the company’s stock after purchasing an additional 3,240 shares during the quarter. WESPAC Advisors LLC’s holdings in Woodside Energy Group were worth $463,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Russell Investments Group Ltd. lifted its position in Woodside Energy Group by 54.3% during the first quarter. Russell Investments Group Ltd. now owns 1,710 shares of the company’s stock valued at $34,000 after buying an additional 602 shares during the period. Whittier Trust Co. lifted its position in Woodside Energy Group by 25.1% during the 2nd quarter. Whittier Trust Co. now owns 3,063 shares of the company’s stock valued at $58,000 after acquiring an additional 615 shares during the period. Confluence Investment Management LLC boosted its stake in Woodside Energy Group by 3.2% during the second quarter. Confluence Investment Management LLC now owns 24,698 shares of the company’s stock worth $465,000 after acquiring an additional 759 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Woodside Energy Group by 81.8% during the third quarter. Nisa Investment Advisors LLC now owns 2,000 shares of the company’s stock valued at $36,000 after purchasing an additional 900 shares in the last quarter. Finally, Naviter Wealth LLC lifted its holdings in shares of Woodside Energy Group by 2.2% during the third quarter. Naviter Wealth LLC now owns 44,704 shares of the company’s stock valued at $801,000 after purchasing an additional 960 shares during the last quarter. 3.17% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

WDS has been the topic of several recent research reports. Morgan Stanley downgraded Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, August 27th. Citigroup cut Woodside Energy Group from a “neutral” rating to a “sell” rating in a research note on Wednesday, September 4th. Sanford C. Bernstein downgraded Woodside Energy Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 20th. The Goldman Sachs Group cut shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 8th. Finally, Royal Bank of Canada upgraded shares of Woodside Energy Group to a “moderate buy” rating in a research note on Tuesday, August 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Woodside Energy Group Trading Up 1.0 %

Woodside Energy Group stock opened at $16.35 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.24 and a quick ratio of 1.09. Woodside Energy Group Ltd has a 12 month low of $15.24 and a 12 month high of $21.63. The stock has a fifty day simple moving average of $16.53 and a two-hundred day simple moving average of $17.57.

Woodside Energy Group Increases Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Thursday, October 3rd. Stockholders of record on Friday, September 6th were paid a $0.67 dividend. The ex-dividend date was Friday, September 6th. This is a positive change from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. This represents a dividend yield of 6.8%.

Woodside Energy Group Company Profile

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour.