Raymond James & Associates Has $7.79 Million Stake in Woodside Energy Group Ltd (NYSE:WDS)

Raymond James & Associates trimmed its position in shares of Woodside Energy Group Ltd (NYSE:WDS) by 2.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 452,055 shares of the company’s stock after selling 11,692 shares during the period. Raymond James & Associates’ holdings in Woodside Energy Group were worth $7,793,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Natixis Advisors LLC increased its holdings in shares of Woodside Energy Group by 25.4% in the second quarter. Natixis Advisors LLC now owns 1,826,619 shares of the company’s stock valued at $34,359,000 after purchasing an additional 369,994 shares during the last quarter. Bank of Montreal Can bought a new stake in shares of Woodside Energy Group in the second quarter valued at about $3,961,000. Hsbc Holdings PLC bought a new stake in shares of Woodside Energy Group in the second quarter valued at about $3,283,000. Capital World Investors boosted its position in shares of Woodside Energy Group by 213.2% in the first quarter. Capital World Investors now owns 137,056 shares of the company’s stock valued at $2,737,000 after acquiring an additional 93,301 shares during the period. Finally, MADDEN SECURITIES Corp boosted its position in shares of Woodside Energy Group by 47.2% in the third quarter. MADDEN SECURITIES Corp now owns 220,272 shares of the company’s stock valued at $3,797,000 after acquiring an additional 70,660 shares during the period. 3.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WDS. Citigroup cut shares of 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 research report on Thursday, August 8th. Morgan Stanley cut shares of Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, August 27th. Sanford C. Bernstein cut shares of Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 20th. Finally, Royal Bank of Canada raised shares of Woodside Energy Group to a “moderate buy” rating in a research report on Tuesday, August 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Woodside Energy Group has an average rating of “Hold”.

Woodside Energy Group Trading Up 0.2 %

Shares of Woodside Energy Group stock opened at $15.79 on Thursday. The company’s 50 day moving average price is $17.03 and its two-hundred day moving average price is $17.88. Woodside Energy Group Ltd has a fifty-two week low of $15.32 and a fifty-two week high of $22.24. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24.

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 $0.67 dividend. The ex-dividend date of this dividend was Friday, September 6th. This is an increase from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. This represents a yield of 6.8%.

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.