Argent Trust Co Has $213,000 Stock Holdings in Woodside Energy Group Ltd (NYSE:WDS)

Argent Trust Co trimmed its stake in Woodside Energy Group Ltd (NYSE:WDS) by 19.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,300 shares of the company’s stock after selling 2,785 shares during the quarter. Argent Trust Co’s holdings in Woodside Energy Group were worth $213,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Stifel Financial Corp grew its stake in shares of Woodside Energy Group by 21.2% in the fourth quarter. Stifel Financial Corp now owns 220,231 shares of the company’s stock valued at $4,645,000 after buying an additional 38,497 shares in the last quarter. US Bancorp DE increased its stake in shares of Woodside Energy Group by 65.7% during the 1st quarter. US Bancorp DE now owns 114,125 shares of the company’s stock worth $2,279,000 after purchasing an additional 45,258 shares during the last quarter. Tidal Investments LLC bought a new stake in shares of Woodside Energy Group in the 1st quarter valued at about $272,000. Bayesian Capital Management LP acquired a new stake in Woodside Energy Group in the 1st quarter valued at about $557,000. Finally, Oppenheimer & Co. Inc. grew its holdings in Woodside Energy Group by 25.3% during the first quarter. Oppenheimer & Co. Inc. now owns 30,036 shares of the company’s stock worth $600,000 after purchasing an additional 6,062 shares during the period. Institutional investors and hedge funds own 3.17% of the company’s stock.

Woodside Energy Group Stock Down 0.8 %

WDS opened at $16.80 on Friday. 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 business has a fifty day simple moving average of $17.50 and a 200 day simple moving average of $18.42. Woodside Energy Group Ltd has a 1 year low of $15.32 and a 1 year high of $23.64.

Woodside Energy Group Increases Dividend

The firm also recently declared a Semi-Annual dividend, which will be paid on Thursday, October 3rd. Investors of record on Friday, September 6th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Friday, September 6th. This is an increase from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. This represents a dividend yield of 6.8%.

Wall Street Analysts Forecast Growth

WDS has been the topic of several research analyst reports. 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. Sanford C. Bernstein downgraded Woodside Energy Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 20th. Macquarie upgraded shares of Woodside Energy Group to a “strong-buy” rating in a report on Sunday, June 23rd. Citigroup cut shares of Woodside Energy Group from a “neutral” rating to a “sell” rating in a research note on Wednesday, September 4th. Finally, Royal Bank of Canada upgraded shares of Woodside Energy Group to a “moderate buy” rating in a research note on Tuesday, August 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently 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.