Cerity Partners LLC Has $694,000 Stock Position in Woodside Energy Group Ltd (NYSE:WDS)

Cerity Partners LLC lessened its holdings in Woodside Energy Group Ltd (NYSE:WDS) by 8.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,969 shares of the company’s stock after selling 3,883 shares during the period. Cerity Partners LLC’s holdings in Woodside Energy Group were worth $694,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Huntington National Bank increased its holdings in shares of Woodside Energy Group by 482.5% during the 4th quarter. Huntington National Bank now owns 1,730 shares of the company’s stock valued at $27,000 after acquiring an additional 1,433 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Woodside Energy Group in the fourth quarter worth $30,000. Addison Advisors LLC boosted its holdings in shares of Woodside Energy Group by 559.9% during the 4th quarter. Addison Advisors LLC now owns 1,973 shares of the company’s stock worth $31,000 after buying an additional 1,674 shares during the period. GAMMA Investing LLC grew its stake in Woodside Energy Group by 43.6% in the 4th quarter. GAMMA Investing LLC now owns 2,176 shares of the company’s stock valued at $34,000 after buying an additional 661 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in Woodside Energy Group in the 3rd quarter worth $39,000. 3.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on WDS shares. Macquarie lowered Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 8th. Citigroup upgraded shares of Woodside Energy Group from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 25th. Finally, Bank of America upgraded shares of Woodside Energy Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 29th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Woodside Energy Group Stock Performance

Shares of NYSE:WDS opened at $12.79 on Monday. The stock has a market capitalization of $24.29 billion, a price-to-earnings ratio of 15.60 and a beta of 0.76. The business’s fifty day moving average price is $14.13 and its two-hundred day moving average price is $15.25. Woodside Energy Group Ltd has a fifty-two week low of $11.26 and a fifty-two week high of $20.17. 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 Cuts Dividend

The firm also recently announced a semi-annual dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were issued a $0.51 dividend. This represents a dividend yield of 7.6%. The ex-dividend date was Friday, March 7th. Woodside Energy Group’s payout ratio is currently 124.39%.

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.