Orion Portfolio Solutions LLC Decreases Position in Woodside Energy Group Ltd (NYSE:WDS)

Orion Portfolio Solutions LLC lessened its holdings in Woodside Energy Group Ltd (NYSE:WDS) by 4.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,872 shares of the company’s stock after selling 1,748 shares during the period. Orion Portfolio Solutions LLC’s holdings in Woodside Energy Group were worth $601,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WDS. Avior Wealth Management LLC boosted its position in Woodside Energy Group by 155.3% in the 3rd quarter. Avior Wealth Management LLC now owns 1,644 shares of the company’s stock valued at $28,000 after buying an additional 1,000 shares during the period. Rothschild Investment LLC purchased a new stake in shares of Woodside Energy Group during the 2nd quarter worth $29,000. Nisa Investment Advisors LLC lifted its position in shares of Woodside Energy Group by 81.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,000 shares of the company’s stock worth $36,000 after purchasing an additional 900 shares during the last quarter. Whittier Trust Co. lifted its position in shares of Woodside Energy Group by 25.1% during the 2nd quarter. Whittier Trust Co. now owns 3,063 shares of the company’s stock worth $58,000 after purchasing an additional 615 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Woodside Energy Group by 97.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,307 shares of the company’s stock worth $60,000 after purchasing an additional 1,631 shares during the last quarter. Hedge funds and other institutional investors own 3.17% of the company’s stock.

Analysts Set New Price Targets

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

Woodside Energy Group Stock Down 0.3 %

Shares of WDS opened at $14.91 on Wednesday. Woodside Energy Group Ltd has a 1-year low of $14.82 and a 1-year high of $21.63. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.24 and a quick ratio of 1.09. The firm has a fifty day moving average price of $15.98 and a 200 day moving average price of $17.22.

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.