Woodside Energy Group Ltd $WDS Shares Bought by Ballentine Partners LLC

Ballentine Partners LLC grew its position in Woodside Energy Group Ltd (NYSE:WDS) by 38.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,241 shares of the company’s stock after buying an additional 4,496 shares during the quarter. Ballentine Partners LLC’s holdings in Woodside Energy Group were worth $251,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Smartleaf Asset Management LLC grew its stake in shares of Woodside Energy Group by 24.9% in the first quarter. Smartleaf Asset Management LLC now owns 4,445 shares of the company’s stock valued at $66,000 after buying an additional 887 shares in the last quarter. Mission Wealth Management LP boosted its holdings in Woodside Energy Group by 8.9% in the first quarter. Mission Wealth Management LP now owns 12,692 shares of the company’s stock valued at $184,000 after purchasing an additional 1,042 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Woodside Energy Group by 111.3% in the first quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock valued at $30,000 after purchasing an additional 1,102 shares during the period. Cullen Frost Bankers Inc. boosted its holdings in Woodside Energy Group by 10.1% in the first quarter. Cullen Frost Bankers Inc. now owns 12,164 shares of the company’s stock valued at $176,000 after purchasing an additional 1,119 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in Woodside Energy Group by 105.5% in the second quarter. GAMMA Investing LLC now owns 2,723 shares of the company’s stock valued at $42,000 after purchasing an additional 1,398 shares during the period. 3.17% of the stock is owned by institutional investors and hedge funds.

Woodside Energy Group Stock Performance

NYSE WDS opened at $15.11 on Tuesday. The company has a current ratio of 1.90, a quick ratio of 1.74 and a debt-to-equity ratio of 0.31. The business’s 50 day moving average is $16.73 and its two-hundred day moving average is $15.17. Woodside Energy Group Ltd has a 12-month low of $11.26 and a 12-month high of $18.42. The stock has a market capitalization of $28.68 billion, a price-to-earnings ratio of 18.42 and a beta of 0.69.

Woodside Energy Group Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Wednesday, September 24th. Investors of record on Friday, August 29th were paid a $0.53 dividend. This represents a yield of 616.0%. The ex-dividend date of this dividend was Friday, August 29th. This is an increase from Woodside Energy Group’s previous semi-annual dividend of $0.51. Woodside Energy Group’s dividend payout ratio is currently 124.39%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on WDS shares. Wall Street Zen raised Woodside Energy Group from a “sell” rating to a “hold” rating in a report on Sunday. CLSA raised Woodside Energy Group to a “strong-buy” rating in a report on Tuesday, June 24th. 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Woodside Energy Group Company 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.