Woodside Energy Group Ltd (NYSE:WDS) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC raised its holdings in Woodside Energy Group Ltd (NYSE:WDS) by 71.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,135 shares of the company’s stock after buying an additional 4,237 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Woodside Energy Group were worth $175,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Natixis Advisors LLC lifted its position in shares of Woodside Energy Group by 25.4% during the 2nd 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 lifted its position in Woodside Energy Group by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 869,713 shares of the company’s stock valued at $16,360,000 after purchasing an additional 6,267 shares during the period. Millennium Management LLC boosted its holdings in Woodside Energy Group by 10.6% in the 2nd quarter. Millennium Management LLC now owns 505,380 shares of the company’s stock valued at $9,506,000 after purchasing an additional 48,278 shares in the last quarter. Nichols & Pratt Advisers LLP MA increased its position in Woodside Energy Group by 0.4% during the 2nd quarter. Nichols & Pratt Advisers LLP MA now owns 258,480 shares of the company’s stock worth $4,862,000 after purchasing an additional 1,031 shares during the period. Finally, Earnest Partners LLC boosted its stake in shares of Woodside Energy Group by 4.3% in the second quarter. Earnest Partners LLC now owns 226,782 shares of the company’s stock valued at $4,266,000 after buying an additional 9,363 shares in the last quarter. 3.17% of the stock is owned by institutional investors and hedge funds.

Woodside Energy Group Stock Performance

NYSE:WDS opened at $15.61 on Monday. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. The business’s 50-day simple moving average is $16.96 and its 200 day simple moving average is $17.82. Woodside Energy Group Ltd has a one year low of $15.32 and a one year high of $22.22.

Woodside Energy Group Increases Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Thursday, October 3rd. Shareholders of record on Friday, September 6th were issued a $0.67 dividend. This represents a yield of 6.8%. The ex-dividend date of this dividend was Friday, September 6th. This is an increase from Woodside Energy Group’s previous Semi-Annual dividend of $0.60.

Analyst Upgrades and Downgrades

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

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.