Woodside Energy Group Ltd (NYSE:WDS) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its stake in Woodside Energy Group Ltd (NYSE:WDS) by 12.9% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 140,660 shares of the company’s stock after buying an additional 16,118 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Woodside Energy Group were worth $2,425,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of WDS. Natixis Advisors LLC raised its stake in shares of Woodside Energy Group by 25.4% in the 2nd quarter. Natixis Advisors LLC now owns 1,826,619 shares of the company’s stock worth $34,359,000 after buying an additional 369,994 shares in the last quarter. XY Capital Ltd grew its holdings in Woodside Energy Group by 554.0% during the third quarter. XY Capital Ltd now owns 334,833 shares of the company’s stock worth $5,773,000 after acquiring an additional 283,633 shares during the period. Bank of Montreal Can bought a new stake in Woodside Energy Group in the second quarter worth about $3,961,000. Hsbc Holdings PLC acquired a new stake in Woodside Energy Group in the 2nd quarter valued at about $3,283,000. Finally, MADDEN SECURITIES Corp boosted its position in shares of Woodside Energy Group by 47.2% during the 3rd quarter. MADDEN SECURITIES Corp now owns 220,272 shares of the company’s stock valued at $3,797,000 after purchasing an additional 70,660 shares in the last quarter. Institutional investors and hedge funds own 3.17% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Morgan Stanley downgraded shares of Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a 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, Citigroup cut shares of Woodside Energy Group from a “neutral” rating to a “sell” rating in a report on Wednesday, September 4th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Woodside Energy Group Trading Up 0.7 %

Woodside Energy Group stock opened at $15.24 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.24 and a quick ratio of 1.09. Woodside Energy Group Ltd has a fifty-two week low of $15.02 and a fifty-two week high of $21.63. The firm has a fifty day moving average price of $16.11 and a two-hundred day moving average price of $17.27.

Woodside Energy Group 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.