Wealth Enhancement Advisory Services LLC Purchases Shares of 10,601 Woodside Energy Group Ltd (NYSE:WDS)

Wealth Enhancement Advisory Services LLC acquired a new position in Woodside Energy Group Ltd (NYSE:WDS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 10,601 shares of the company’s stock, valued at approximately $183,000.

A number of other large investors have also recently made changes to their positions in WDS. Natixis Advisors LLC raised its stake in Woodside Energy Group by 25.4% during the 2nd quarter. Natixis Advisors LLC now owns 1,826,619 shares of the company’s stock worth $34,359,000 after acquiring an additional 369,994 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Woodside Energy Group by 0.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 869,713 shares of the company’s stock valued at $16,360,000 after purchasing an additional 6,267 shares during the period. Millennium Management LLC lifted its stake in shares of Woodside Energy Group by 10.6% during the 2nd quarter. Millennium Management LLC now owns 505,380 shares of the company’s stock valued at $9,506,000 after buying an additional 48,278 shares in the last quarter. Nichols & Pratt Advisers LLP MA boosted its holdings in Woodside Energy Group by 0.4% in the 2nd quarter. Nichols & Pratt Advisers LLP MA now owns 258,480 shares of the company’s stock worth $4,862,000 after buying an additional 1,031 shares during the period. Finally, Earnest Partners LLC increased its stake in Woodside Energy Group by 4.3% in the 2nd quarter. Earnest Partners LLC now owns 226,782 shares of the company’s stock worth $4,266,000 after buying an additional 9,363 shares in the last quarter. 3.17% of the stock is owned by hedge funds and other institutional investors.

Woodside Energy Group Stock Down 2.1 %

NYSE WDS opened at $15.39 on Wednesday. The stock has a 50 day moving average price of $16.67 and a 200-day moving average price of $17.70. Woodside Energy Group Ltd has a one year low of $15.28 and a one year high of $21.63. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24. The company has a market capitalization of $15.14 billion, a P/E ratio of 13.92 and a beta of 1.11.

Woodside Energy Group Increases Dividend

The firm also recently disclosed 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. The ex-dividend date was Friday, September 6th. This represents a yield of 6.8%. This is a positive change from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. Woodside Energy Group’s dividend payout ratio (DPR) is 118.58%.

Wall Street Analysts Forecast Growth

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

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.