Bank of Montreal Can Makes New $3.96 Million Investment in Woodside Energy Group Ltd (NYSE:WDS)

Bank of Montreal Can bought a new position in shares of Woodside Energy Group Ltd (NYSE:WDS) during the 2nd quarter, Holdings Channel reports. The fund bought 217,781 shares of the company’s stock, valued at approximately $3,961,000.

Several other institutional investors also recently made changes to their positions in WDS. Orion Portfolio Solutions LLC boosted its position in shares of Woodside Energy Group by 36.7% during the 4th quarter. Orion Portfolio Solutions LLC now owns 24,187 shares of the company’s stock worth $509,000 after purchasing an additional 6,495 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Woodside Energy Group during the 4th quarter worth $3,237,000. Parallel Advisors LLC boosted its position in shares of Woodside Energy Group by 26.1% during the 4th quarter. Parallel Advisors LLC now owns 7,737 shares of the company’s stock worth $163,000 after purchasing an additional 1,601 shares in the last quarter. Stifel Financial Corp boosted its position in shares of Woodside Energy Group by 21.2% in the 4th quarter. Stifel Financial Corp now owns 220,231 shares of the company’s stock worth $4,645,000 after buying an additional 38,497 shares in the last quarter. Finally, Optiver Holding B.V. purchased a new stake in shares of Woodside Energy Group in the 4th quarter worth about $72,000. 3.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. The Goldman Sachs Group lowered shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research 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. Citigroup lowered shares of Woodside Energy Group from a “neutral” rating to a “sell” rating in a research report on Wednesday, September 4th. Sanford C. Bernstein lowered shares of Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 20th. Finally, Macquarie upgraded shares of Woodside Energy Group to a “strong-buy” rating in a research report on Sunday, June 23rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Woodside Energy Group Trading Up 3.5 %

Shares of WDS stock opened at $17.84 on Wednesday. The firm has a 50-day moving average price of $17.19 and a 200 day moving average price of $18.29. Woodside Energy Group Ltd has a twelve month low of $15.32 and a twelve month high of $23.45. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.24 and a quick ratio of 1.09.

Woodside Energy Group Increases Dividend

The company also recently announced 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. This is an increase from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. The ex-dividend date of this dividend is Friday, September 6th. This represents a yield of 6.8%.

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.