Barometer Capital Management Inc. Acquires 54,000 Shares of Woodside Energy Group Ltd $WDS

Barometer Capital Management Inc. lifted its holdings in shares of Woodside Energy Group Ltd (NYSE:WDS) by 71.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 129,306 shares of the company’s stock after purchasing an additional 54,000 shares during the period. Barometer Capital Management Inc.’s holdings in Woodside Energy Group were worth $1,946,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its holdings in shares of Woodside Energy Group by 111.3% in the first quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock worth $30,000 after purchasing an additional 1,102 shares during the last quarter. Rothschild Investment LLC raised its holdings in Woodside Energy Group by 137.7% during the 2nd quarter. Rothschild Investment LLC now owns 2,073 shares of the company’s stock valued at $32,000 after buying an additional 1,201 shares during the last quarter. MAI Capital Management boosted its position in Woodside Energy Group by 206.6% during the 2nd quarter. MAI Capital Management now owns 2,287 shares of the company’s stock valued at $35,000 after buying an additional 1,541 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Woodside Energy Group by 38.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company’s stock valued at $36,000 after buying an additional 646 shares during the period. Finally, SBI Securities Co. Ltd. grew its holdings in Woodside Energy Group by 176.2% in the 2nd quarter. SBI Securities Co. Ltd. now owns 2,848 shares of the company’s stock worth $44,000 after acquiring an additional 1,817 shares during the last quarter. Hedge funds and other institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Price Performance

Shares of Woodside Energy Group stock opened at $22.21 on Thursday. Woodside Energy Group Ltd has a 1 year low of $11.26 and a 1 year high of $22.44. The company has a 50-day moving average of $18.14 and a 200 day moving average of $16.76. The company has a current ratio of 1.59, a quick ratio of 1.46 and a debt-to-equity ratio of 0.28.

Woodside Energy Group Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 6th will be given a $0.59 dividend. This represents a dividend yield of 594.0%. The ex-dividend date of this dividend is Friday, March 6th.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on WDS. Wall Street Zen raised Woodside Energy Group from a “sell” rating to a “hold” rating in a research note on Monday, January 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Woodside Energy Group in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Woodside Energy Group has an average rating of “Moderate Buy”.

About Woodside Energy Group

Woodside Energy Group (NYSE: WDS) is an Australia-based energy company focused on the exploration, development, production and marketing of oil and natural gas, with a strong emphasis on liquefied natural gas (LNG). The company’s activities span the upstream value chain, including exploration and appraisal of hydrocarbon resources, development and operation of production facilities, and the sale and delivery of hydrocarbons to global customers.

Woodside’s operations center on conventional oil and gas projects and large-scale LNG processing and export, supported by project management, engineering and commercial trading capabilities.