Cambridge Investment Research Advisors Inc. Purchases 2,560 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Cambridge Investment Research Advisors Inc. increased its position in Woodside Energy Group Ltd (NYSE:WDS) by 7.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,368 shares of the company’s stock after purchasing an additional 2,560 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Woodside Energy Group were worth $570,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of WDS. Natixis Advisors LLC boosted its position in Woodside Energy Group by 15.6% during the 4th quarter. Natixis Advisors LLC now owns 1,774,759 shares of the company’s stock valued at $27,686,000 after acquiring an additional 239,308 shares in the last quarter. Northern Trust Corp boosted its position in Woodside Energy Group by 713.0% during the 4th quarter. Northern Trust Corp now owns 1,089,286 shares of the company’s stock valued at $16,993,000 after acquiring an additional 955,303 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Woodside Energy Group by 5.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 853,601 shares of the company’s stock valued at $13,315,000 after acquiring an additional 42,172 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Woodside Energy Group by 28.9% during the 4th quarter. First Trust Advisors LP now owns 702,363 shares of the company’s stock valued at $10,957,000 after purchasing an additional 157,618 shares during the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of Woodside Energy Group during the 4th quarter valued at $7,809,000. Institutional investors own 3.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. CLSA upgraded Woodside Energy Group to a “strong-buy” rating in a research note on Tuesday, June 24th. Macquarie lowered Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 8th. Five equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Woodside Energy Group Stock Performance

Shares of WDS stock opened at $15.78 on Wednesday. The stock has a market capitalization of $29.96 billion, a PE ratio of 19.24 and a beta of 0.64. Woodside Energy Group Ltd has a 52-week low of $11.26 and a 52-week high of $20.17. The stock’s 50-day moving average price is $14.75 and its 200 day moving average price is $14.67. The company has a quick ratio of 1.17, a current ratio of 1.29 and a debt-to-equity ratio of 0.25.

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.