Dimensional Fund Advisors LP Acquires 6,267 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Dimensional Fund Advisors LP boosted its holdings in shares of Woodside Energy Group Ltd (NYSE:WDS) by 0.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 869,713 shares of the company’s stock after buying an additional 6,267 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Woodside Energy Group were worth $16,360,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of WDS. Stifel Financial Corp increased its holdings in shares of Woodside Energy Group by 21.2% during the 4th quarter. Stifel Financial Corp now owns 220,231 shares of the company’s stock worth $4,645,000 after acquiring an additional 38,497 shares during the last quarter. US Bancorp DE raised its position in shares of Woodside Energy Group by 65.7% in the first quarter. US Bancorp DE now owns 114,125 shares of the company’s stock valued at $2,279,000 after purchasing an additional 45,258 shares during the period. Tidal Investments LLC acquired a new stake in shares of Woodside Energy Group during the 1st quarter worth about $272,000. Bayesian Capital Management LP bought a new stake in shares of Woodside Energy Group during the 1st quarter worth about $557,000. Finally, Oppenheimer & Co. Inc. grew its stake in Woodside Energy Group by 25.3% in the 1st quarter. Oppenheimer & Co. Inc. now owns 30,036 shares of the company’s stock valued at $600,000 after buying an additional 6,062 shares during the last quarter. Institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Stock Performance

Woodside Energy Group stock opened at $18.25 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24. The stock’s fifty day moving average price is $17.21 and its two-hundred day moving average price is $18.28. Woodside Energy Group Ltd has a one year low of $15.32 and a one year high of $23.45.

Woodside Energy Group Increases Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Thursday, October 3rd. Investors of record on Friday, September 6th were paid a $0.67 dividend. This represents a yield of 6.8%. The ex-dividend date of this dividend was Friday, September 6th. This is an increase from Woodside Energy Group’s previous Semi-Annual dividend of $0.60.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on WDS shares. Macquarie upgraded shares of Woodside Energy Group to a “strong-buy” rating in a research report on Sunday, June 23rd. Citigroup lowered Woodside Energy Group from a “neutral” rating to a “sell” rating in a report on Wednesday, September 4th. Royal Bank of Canada raised Woodside Energy Group to a “moderate buy” rating in a report on Tuesday, August 6th. Sanford C. Bernstein downgraded shares of Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 20th. Finally, 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. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

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.