GTS Securities LLC bought a new stake in Woodside Energy Group Ltd (NYSE:WDS – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm bought 46,760 shares of the company’s stock, valued at approximately $903,000.
Other institutional investors have also bought and sold shares of the company. Arax Advisory Partners grew its holdings in Woodside Energy Group by 257.0% during the 4th quarter. Arax Advisory Partners now owns 1,660 shares of the company’s stock worth $26,000 after acquiring an additional 1,195 shares during the period. EFG International AG acquired a new position in shares of Woodside Energy Group in the 4th quarter valued at about $32,000. Geneos Wealth Management Inc. lifted its stake in shares of Woodside Energy Group by 111.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock valued at $30,000 after purchasing an additional 1,102 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in shares of Woodside Energy Group during the 4th quarter valued at about $35,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Woodside Energy Group by 38.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company’s stock valued at $36,000 after purchasing an additional 646 shares in the last quarter. Institutional investors own 3.17% of the company’s stock.
Wall Street Analysts Forecast Growth
WDS has been the subject of a number of research analyst reports. Zacks Research upgraded Woodside Energy Group to a “hold” rating in a report on Tuesday, August 11th. Needham & Company LLC began coverage on Woodside Energy Group in a research note on Tuesday, August 11th. They issued a “neutral” rating and a $23.21 price target on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Woodside Energy Group in a report on Monday, June 8th. Finally, Bank of America began coverage on shares of Woodside Energy Group in a research report on Tuesday, August 11th. They set a “neutral” rating and a $23.21 price objective for the company. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $23.21.
Woodside Energy Group Stock Performance
Shares of NYSE WDS opened at $23.11 on Friday. The firm’s 50-day moving average price is $21.73 and its 200-day moving average price is $21.97. Woodside Energy Group Ltd has a 1-year low of $14.27 and a 1-year high of $25.19. The company has a current ratio of 1.39, a quick ratio of 1.46 and a debt-to-equity ratio of 0.25.
Woodside Energy Group Dividend Announcement
The company also recently announced a dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be given a $0.57 dividend. This represents a yield of 499.0%. The ex-dividend date of this dividend is Friday, September 4th.
About Woodside Energy Group
Woodside Energy Group (NYSE: WDS) is an Australia-based energy company focused on the exploration, development, production and marketing of oil and natural gas, with a strong emphasis on liquefied natural gas (LNG). The company’s activities span the upstream value chain, including exploration and appraisal of hydrocarbon resources, development and operation of production facilities, and the sale and delivery of hydrocarbons to global customers.
Woodside’s operations center on conventional oil and gas projects and large-scale LNG processing and export, supported by project management, engineering and commercial trading capabilities.
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