Natixis Advisors LLC Purchases 239,308 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Natixis Advisors LLC increased its position in shares of Woodside Energy Group Ltd (NYSE:WDS) by 15.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,774,759 shares of the company’s stock after purchasing an additional 239,308 shares during the quarter. Natixis Advisors LLC’s holdings in Woodside Energy Group were worth $27,686,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in WDS. FMR LLC increased its holdings in shares of Woodside Energy Group by 92.2% during the third quarter. FMR LLC now owns 2,023,151 shares of the company’s stock worth $34,879,000 after buying an additional 970,640 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Woodside Energy Group during the 4th quarter worth approximately $6,554,000. Jane Street Group LLC grew its position in Woodside Energy Group by 154.0% during the 3rd quarter. Jane Street Group LLC now owns 308,503 shares of the company’s stock worth $5,319,000 after acquiring an additional 187,033 shares during the last quarter. HighTower Advisors LLC increased its holdings in Woodside Energy Group by 148.6% during the 3rd quarter. HighTower Advisors LLC now owns 137,468 shares of the company’s stock valued at $2,354,000 after purchasing an additional 82,161 shares in the last quarter. Finally, Quantinno Capital Management LP raised its position in Woodside Energy Group by 81.8% in the 3rd quarter. Quantinno Capital Management LP now owns 171,107 shares of the company’s stock valued at $2,950,000 after purchasing an additional 76,967 shares during the last quarter. 3.17% of the stock is owned by institutional investors.

Woodside Energy Group Trading Up 1.8 %

Shares of WDS opened at $14.63 on Tuesday. The stock’s fifty day simple moving average is $15.34 and its 200-day simple moving average is $15.90. The firm has a market capitalization of $27.78 billion, a PE ratio of 17.85 and a beta of 1.03. Woodside Energy Group Ltd has a 12-month low of $14.11 and a 12-month high of $20.30. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.13.

Woodside Energy Group Cuts Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be paid a $0.51 dividend. This represents a dividend yield of 7.6%. The ex-dividend date is Friday, March 7th. Woodside Energy Group’s dividend payout ratio (DPR) is presently 124.39%.

Analyst Ratings Changes

Several analysts have recently commented on the company. Citigroup upgraded Woodside Energy Group from a “sell” rating to a “neutral” rating in a report on Tuesday, February 25th. Bank of America upgraded shares of Woodside Energy Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Woodside Energy Group Company 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.