Wealth Enhancement Advisory Services LLC Acquires Shares of 10,601 Woodside Energy Group Ltd (NYSE:WDS)

Wealth Enhancement Advisory Services LLC bought a new position in Woodside Energy Group Ltd (NYSE:WDS) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 10,601 shares of the company’s stock, valued at approximately $183,000.

Several other large investors have also recently modified their holdings of the stock. Natixis Advisors LLC lifted its position in Woodside Energy Group by 25.4% in the second quarter. Natixis Advisors LLC now owns 1,826,619 shares of the company’s stock worth $34,359,000 after buying an additional 369,994 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Woodside Energy Group by 0.7% during the second quarter. Dimensional Fund Advisors LP now owns 869,713 shares of the company’s stock valued at $16,360,000 after acquiring an additional 6,267 shares during the last quarter. Millennium Management LLC raised its stake in shares of Woodside Energy Group by 10.6% in the second quarter. Millennium Management LLC now owns 505,380 shares of the company’s stock valued at $9,506,000 after acquiring an additional 48,278 shares during the period. Nichols & Pratt Advisers LLP MA lifted its holdings in shares of Woodside Energy Group by 0.4% in the 2nd quarter. Nichols & Pratt Advisers LLP MA now owns 258,480 shares of the company’s stock worth $4,862,000 after acquiring an additional 1,031 shares during the last quarter. Finally, Earnest Partners LLC boosted its stake in shares of Woodside Energy Group by 4.3% during the 2nd quarter. Earnest Partners LLC now owns 226,782 shares of the company’s stock worth $4,266,000 after purchasing an additional 9,363 shares during the period. Institutional investors own 3.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Royal Bank of Canada raised shares of Woodside Energy Group to a “moderate buy” rating in a research report on Tuesday, August 6th. Citigroup downgraded Woodside Energy Group from a “neutral” rating to a “sell” rating in a report on Wednesday, September 4th. The Goldman Sachs Group cut Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 8th. Morgan Stanley lowered shares of Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 27th. Finally, Sanford C. Bernstein downgraded shares of Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Woodside Energy Group has a consensus rating of “Hold”.

Woodside Energy Group Trading Down 2.1 %

Shares of NYSE WDS opened at $15.39 on Wednesday. Woodside Energy Group Ltd has a twelve month low of $15.28 and a twelve month high of $21.63. The firm has a market cap of $15.14 billion, a PE ratio of 13.92 and a beta of 1.11. The business has a fifty day simple moving average of $16.67 and a two-hundred day simple moving average of $17.70. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.13.

Woodside Energy Group Increases Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Thursday, October 3rd. Stockholders of record on Friday, September 6th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Friday, September 6th. This represents a dividend yield of 6.8%. This is a positive change from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. Woodside Energy Group’s dividend payout ratio (DPR) is currently 118.58%.

About Woodside Energy Group

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.