Woodside Energy Group Ltd $WDS Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. trimmed its stake in shares of Woodside Energy Group Ltd (NYSE:WDS) by 65.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,602 shares of the company’s stock after selling 58,139 shares during the period. Envestnet Asset Management Inc.’s holdings in Woodside Energy Group were worth $472,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Kornitzer Capital Management Inc. KS boosted its position in Woodside Energy Group by 1.5% in the 2nd quarter. Kornitzer Capital Management Inc. KS now owns 42,515 shares of the company’s stock worth $656,000 after purchasing an additional 643 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in Woodside Energy Group by 24.9% during the first quarter. Smartleaf Asset Management LLC now owns 4,445 shares of the company’s stock worth $66,000 after buying an additional 887 shares in the last quarter. Geneos Wealth Management Inc. grew its position in Woodside Energy Group by 111.3% during the first quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock valued at $30,000 after buying an additional 1,102 shares during the period. GAMMA Investing LLC increased 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 buying an additional 1,398 shares in the last quarter. Finally, 180 Wealth Advisors LLC raised its position in shares of Woodside Energy Group by 5.4% in the second quarter. 180 Wealth Advisors LLC now owns 33,969 shares of the company’s stock worth $524,000 after acquiring an additional 1,745 shares during the period. 3.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on WDS shares. Wall Street Zen cut Woodside Energy Group from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings restated a “hold (c)” rating on shares of Woodside Energy Group in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Woodside Energy Group presently has an average rating of “Moderate Buy”.

Woodside Energy Group Stock Down 0.4%

Shares of WDS opened at $16.23 on Wednesday. The stock has a 50 day moving average price of $15.76 and a 200 day moving average price of $15.93. Woodside Energy Group Ltd has a one year low of $11.26 and a one year high of $17.70. The company has a current ratio of 1.90, a quick ratio of 1.74 and a debt-to-equity ratio of 0.31.

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.