Empirical Financial Services LLC d.b.a. Empirical Wealth Management Buys Shares of 26,817 Woodside Energy Group Ltd $WDS

Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in shares of Woodside Energy Group Ltd (NYSE:WDS) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 26,817 shares of the company’s stock, valued at approximately $418,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 180 Wealth Advisors LLC increased its stake in Woodside Energy Group by 18.2% during the 4th quarter. 180 Wealth Advisors LLC now owns 46,369 shares of the company’s stock worth $723,000 after buying an additional 7,149 shares during the period. JPMorgan Chase & Co. lifted its stake in Woodside Energy Group by 63.5% in the third quarter. JPMorgan Chase & Co. now owns 109,312 shares of the company’s stock worth $1,645,000 after acquiring an additional 42,472 shares during the last quarter. Advisory Services Network LLC purchased a new position in Woodside Energy Group in the third quarter worth approximately $101,000. Abel Hall LLC grew its holdings in Woodside Energy Group by 9.2% during the 3rd quarter. Abel Hall LLC now owns 46,049 shares of the company’s stock worth $693,000 after acquiring an additional 3,896 shares in the last quarter. Finally, United Capital Financial Advisors LLC increased its position in shares of Woodside Energy Group by 16.8% in the 3rd quarter. United Capital Financial Advisors LLC now owns 13,132 shares of the company’s stock valued at $198,000 after purchasing an additional 1,885 shares during the last quarter. Hedge funds and other institutional investors own 3.17% of the company’s stock.

Insider Activity

In related news, insider Mark Anthony Abbotsford sold 7,500 shares of the business’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $24.06, for a total value of $180,450.00. Following the transaction, the insider owned 24,467 shares in the company, valued at $588,676.02. The trade was a 23.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.04% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

WDS has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of Woodside Energy Group from a “sell” rating to a “hold” rating in a report on Monday, January 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Woodside Energy Group in a research note 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 company’s stock. Based on data from MarketBeat, Woodside Energy Group presently has an average rating of “Moderate Buy”.

Woodside Energy Group Price Performance

Shares of Woodside Energy Group stock opened at $24.24 on Monday. Woodside Energy Group Ltd has a 1 year low of $11.26 and a 1 year high of $25.19. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.59 and a quick ratio of 1.46. The company’s fifty day moving average is $20.76 and its two-hundred day moving average is $17.57.

Woodside Energy Group Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 6th were issued a dividend of $0.59 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a dividend yield of 594.0%.

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.