Northern Trust Corp Sells 151,370 Shares of Woodside Energy Group Ltd $WDS

Northern Trust Corp lessened its position in Woodside Energy Group Ltd (NYSE:WDS) by 13.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 937,916 shares of the company’s stock after selling 151,370 shares during the quarter. Northern Trust Corp’s holdings in Woodside Energy Group were worth $13,590,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Greenline Partners LLC purchased a new position in Woodside Energy Group during the 4th quarter valued at about $30,000. Sage Rhino Capital LLC purchased a new stake in shares of Woodside Energy Group in the 1st quarter worth approximately $146,000. Moors & Cabot Inc. purchased a new stake in shares of Woodside Energy Group in the 1st quarter worth approximately $146,000. Moody National Bank Trust Division purchased a new stake in shares of Woodside Energy Group in the 1st quarter worth approximately $147,000. Finally, Vise Technologies Inc. bought a new stake in Woodside Energy Group in the fourth quarter worth $165,000. 3.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

WDS has been the topic of several analyst reports. CLSA raised Woodside Energy Group to a “strong-buy” rating in a report on Tuesday, June 24th. Wall Street Zen downgraded Woodside Energy Group from a “hold” rating to a “sell” rating in a report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Woodside Energy Group Stock Down 1.8%

WDS stock opened at $16.82 on Thursday. Woodside Energy Group Ltd has a fifty-two week low of $11.26 and a fifty-two week high of $18.42. The business’s 50-day moving average is $16.67 and its two-hundred day moving average is $15.04. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.74 and a current ratio of 1.90. The company has a market cap of $31.93 billion, a price-to-earnings ratio of 20.51 and a beta of 0.69.

Woodside Energy Group Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Friday, August 29th will be given a dividend of $0.53 per share. This represents a dividend yield of 616.0%. The ex-dividend date of this dividend is Friday, August 29th. This is an increase from Woodside Energy Group’s previous semi-annual dividend of $0.51. Woodside Energy Group’s payout ratio is currently 124.39%.

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.