Associated Banc Corp Has $14.53 Million Stake in Woodside Energy Group Ltd (NYSE:WDS)

Associated Banc Corp lifted its position in shares of Woodside Energy Group Ltd (NYSE:WDS) by 0.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 842,490 shares of the company’s stock after acquiring an additional 5,067 shares during the period. Associated Banc Corp’s holdings in Woodside Energy Group were worth $14,525,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in WDS. Avior Wealth Management LLC lifted its position in shares of Woodside Energy Group by 155.3% during the 3rd quarter. Avior Wealth Management LLC now owns 1,644 shares of the company’s stock worth $28,000 after buying an additional 1,000 shares during the last quarter. Rothschild Investment LLC bought a new position in shares of Woodside Energy Group in the second quarter worth about $29,000. Russell Investments Group Ltd. boosted its stake in shares of Woodside Energy Group by 54.3% in the 1st quarter. Russell Investments Group Ltd. now owns 1,710 shares of the company’s stock valued at $34,000 after purchasing an additional 602 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Woodside Energy Group by 81.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,000 shares of the company’s stock valued at $36,000 after purchasing an additional 900 shares during the last quarter. Finally, Whittier Trust Co. increased its position in Woodside Energy Group by 25.1% during the 2nd quarter. Whittier Trust Co. now owns 3,063 shares of the company’s stock worth $58,000 after purchasing an additional 615 shares in the last quarter. 3.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Woodside Energy Group Stock Performance

Shares of NYSE WDS traded up $0.09 during trading on Monday, reaching $16.44. The company had a trading volume of 98,110 shares, compared to its average volume of 930,872. Woodside Energy Group Ltd has a 12 month low of $15.24 and a 12 month high of $21.63. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. The company’s fifty day moving average price is $16.53 and its 200-day moving average price is $17.56.

Woodside Energy Group Increases Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Thursday, October 3rd. Shareholders of record on Friday, September 6th were given a dividend of $0.67 per share. This represents a yield of 6.8%. The ex-dividend date was Friday, September 6th. This is an increase from Woodside Energy Group’s previous Semi-Annual dividend of $0.60.

About Woodside Energy Group

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.