Woodside Energy Group Ltd (NYSE:WDS) Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC boosted its holdings in shares of Woodside Energy Group Ltd (NYSE:WDS) by 148.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 137,468 shares of the company’s stock after buying an additional 82,161 shares during the quarter. HighTower Advisors LLC’s holdings in Woodside Energy Group were worth $2,354,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WDS. Creative Planning increased its position in shares of Woodside Energy Group by 75.2% during the 2nd quarter. Creative Planning now owns 92,243 shares of the company’s stock worth $1,735,000 after purchasing an additional 39,602 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in shares of Woodside Energy Group during the second quarter valued at about $3,283,000. Associated Banc Corp raised its stake in shares of Woodside Energy Group by 0.6% in the 3rd quarter. Associated Banc Corp now owns 842,490 shares of the company’s stock valued at $14,525,000 after acquiring an additional 5,067 shares during the period. Mediolanum International Funds Ltd acquired a new position in shares of Woodside Energy Group in the 3rd quarter worth approximately $702,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Woodside Energy Group in the 3rd quarter worth approximately $282,000. Hedge funds and other institutional investors own 3.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on WDS shares. Morgan Stanley lowered Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, August 27th. Citigroup downgraded Woodside Energy Group from a “neutral” rating to a “sell” rating in a report on Wednesday, September 4th. Finally, Sanford C. Bernstein cut Woodside Energy Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 20th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Woodside Energy Group has a consensus rating of “Hold”.

Woodside Energy Group Stock Performance

Shares of WDS stock opened at $15.23 on Friday. The firm has a 50 day moving average of $16.17 and a two-hundred day moving average of $17.31. 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 52 week low of $15.02 and a 52 week high of $21.63.

Woodside Energy Group 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.