WESPAC Advisors LLC Grows Stock Holdings in Woodside Energy Group Ltd (NYSE:WDS)

WESPAC Advisors LLC lifted its position in Woodside Energy Group Ltd (NYSE:WDS) by 13.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,874 shares of the company’s stock after purchasing an additional 3,240 shares during the quarter. WESPAC Advisors LLC’s holdings in Woodside Energy Group were worth $463,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of WDS. Cerity Partners LLC boosted its stake in Woodside Energy Group by 40.7% in the third quarter. Cerity Partners LLC now owns 45,852 shares of the company’s stock worth $790,000 after buying an additional 13,252 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Woodside Energy Group by 12.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 140,660 shares of the company’s stock valued at $2,425,000 after purchasing an additional 16,118 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in Woodside Energy Group by 4.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 193,673 shares of the company’s stock worth $3,339,000 after purchasing an additional 7,903 shares during the period. Avior Wealth Management LLC lifted its stake in Woodside Energy Group by 155.3% in the third quarter. Avior Wealth Management LLC now owns 1,644 shares of the company’s stock worth $28,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Hourglass Capital LLC boosted its position in Woodside Energy Group by 10.5% during the third quarter. Hourglass Capital LLC now owns 219,471 shares of the company’s stock valued at $3,784,000 after buying an additional 20,912 shares during the period. 3.17% of the stock is currently owned by institutional investors.

Woodside Energy Group Stock Performance

NYSE WDS opened at $16.35 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. Woodside Energy Group Ltd has a fifty-two week low of $15.24 and a fifty-two week high of $21.63. The stock has a 50 day simple moving average of $16.53 and a two-hundred day simple moving average of $17.57.

Woodside Energy Group Increases Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Thursday, October 3rd. Investors of record on Friday, September 6th were issued a $0.67 dividend. The ex-dividend date was Friday, September 6th. This represents a yield of 6.8%. This is a boost from Woodside Energy Group’s previous Semi-Annual dividend of $0.60.

Analyst Upgrades and Downgrades

WDS has been the subject of a number of recent research reports. Morgan Stanley lowered Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, August 27th. Citigroup downgraded Woodside Energy Group from a “neutral” rating to a “sell” rating in a research report on Wednesday, September 4th. The Goldman Sachs Group cut shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 8th. Royal Bank of Canada upgraded shares of Woodside Energy Group to a “moderate buy” rating in a report on Tuesday, August 6th. Finally, Sanford C. Bernstein lowered shares of Woodside Energy Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

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.