Oppenheimer & Co. Inc. Increases Stock Holdings in Woodside Energy Group Ltd (NYSE:WDS)

Oppenheimer & Co. Inc. boosted its stake in Woodside Energy Group Ltd (NYSE:WDS) by 18.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 45,623 shares of the company’s stock after buying an additional 7,174 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Woodside Energy Group were worth $787,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of WDS. Rothschild Investment LLC purchased a new stake in shares of Woodside Energy Group in the second quarter valued at about $29,000. Russell Investments Group Ltd. increased its stake in Woodside Energy Group by 54.3% in the 1st quarter. Russell Investments Group Ltd. now owns 1,710 shares of the company’s stock valued at $34,000 after buying an additional 602 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in shares of Woodside Energy Group by 81.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,000 shares of the company’s stock worth $36,000 after buying an additional 900 shares in the last quarter. Whittier Trust Co. boosted its stake in shares of Woodside Energy Group by 25.1% in the 2nd quarter. Whittier Trust Co. now owns 3,063 shares of the company’s stock worth $58,000 after buying an additional 615 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Woodside Energy Group by 97.3% in the second quarter. EverSource Wealth Advisors LLC now owns 3,307 shares of the company’s stock valued at $60,000 after acquiring an additional 1,631 shares in the last quarter. 3.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Citigroup lowered Woodside Energy Group from a “neutral” rating to a “sell” rating in a report on Wednesday, September 4th. 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. Royal Bank of Canada upgraded shares of Woodside Energy Group to a “moderate buy” rating in a research report on Tuesday, August 6th. Morgan Stanley lowered shares of Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, August 27th. Finally, Sanford C. Bernstein downgraded shares of Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 20th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Woodside Energy Group currently has an average rating of “Hold”.

Woodside Energy Group Stock Up 0.7 %

WDS stock opened at $15.98 on Wednesday. The stock has a fifty day moving average of $16.53 and a 200-day moving average of $17.60. Woodside Energy Group Ltd has a fifty-two week low of $15.24 and a fifty-two week high of $21.63. The company has a market capitalization of $15.72 billion, a price-to-earnings ratio of 14.01 and a beta of 1.11. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24.

Woodside Energy Group Increases Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Thursday, October 3rd. Stockholders of record on Friday, September 6th were paid a $0.67 dividend. This is an increase from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. The ex-dividend date was Friday, September 6th. This represents a dividend yield of 6.8%. Woodside Energy Group’s dividend payout ratio (DPR) is presently 117.54%.

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.