11,542 Shares in Woodside Energy Group Ltd (NYSE:WDS) Bought by Balanced Rock Investment Advisors LLC

Balanced Rock Investment Advisors LLC acquired a new position in Woodside Energy Group Ltd (NYSE:WDS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 11,542 shares of the company’s stock, valued at approximately $180,000.

Other institutional investors have also recently bought and sold shares of the company. Natixis Advisors LLC boosted its holdings in shares of Woodside Energy Group by 15.6% in the 4th quarter. Natixis Advisors LLC now owns 1,774,759 shares of the company’s stock worth $27,686,000 after buying an additional 239,308 shares during the last quarter. Marshall Wace LLP purchased a new position in Woodside Energy Group in the fourth quarter valued at about $7,809,000. Raymond James Financial Inc. bought a new position in shares of Woodside Energy Group during the 4th quarter valued at approximately $6,554,000. Summit Global Investments purchased a new stake in shares of Woodside Energy Group during the 4th quarter worth approximately $5,308,000. Finally, Hourglass Capital LLC raised its holdings in shares of Woodside Energy Group by 3.1% in the 4th quarter. Hourglass Capital LLC now owns 226,249 shares of the company’s stock worth $3,529,000 after purchasing an additional 6,778 shares during the period. Institutional investors own 3.17% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Citigroup raised Woodside Energy Group from a “sell” rating to a “neutral” rating in a report on Tuesday, February 25th. Macquarie downgraded Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 8th. Finally, Bank of America upgraded Woodside Energy Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 29th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Woodside Energy Group Stock Up 2.8 %

Woodside Energy Group stock opened at $12.79 on Friday. The firm has a market capitalization of $24.29 billion, a price-to-earnings ratio of 15.60 and a beta of 0.76. Woodside Energy Group Ltd has a 1-year low of $11.26 and a 1-year high of $20.17. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. The firm has a 50 day simple moving average of $14.18 and a 200 day simple moving average of $15.33.

Woodside Energy Group Cuts Dividend

The business also recently announced a semi-annual dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were issued a dividend of $0.51 per share. This represents a yield of 7.6%. The ex-dividend date was Friday, March 7th. Woodside Energy Group’s payout ratio is presently 124.39%.

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.