Woodside Energy Group Ltd (NYSE:WDS) Shares Acquired by Truist Financial Corp

Truist Financial Corp grew its stake in shares of Woodside Energy Group Ltd (NYSE:WDS) by 2.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,042 shares of the company’s stock after acquiring an additional 2,564 shares during the quarter. Truist Financial Corp’s holdings in Woodside Energy Group were worth $1,788,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of WDS. Creative Planning increased its stake in Woodside Energy Group by 75.2% during the 2nd quarter. Creative Planning now owns 92,243 shares of the company’s stock valued at $1,735,000 after purchasing an additional 39,602 shares in the last quarter. Hsbc Holdings PLC purchased a new position in Woodside Energy Group in the 2nd quarter worth $3,283,000. US Bancorp DE raised its stake in Woodside Energy Group by 65.7% in the 1st quarter. US Bancorp DE now owns 114,125 shares of the company’s stock worth $2,279,000 after acquiring an additional 45,258 shares during the last quarter. Tidal Investments LLC purchased a new stake in Woodside Energy Group during the 1st quarter valued at about $272,000. Finally, Bayesian Capital Management LP acquired a new position in shares of Woodside Energy Group in the first quarter valued at about $557,000. 3.17% of the stock is owned by hedge funds and other institutional investors.

Woodside Energy Group Price Performance

WDS opened at $17.60 on Friday. The firm has a fifty day moving average price of $17.20 and a 200 day moving average price of $18.22. Woodside Energy Group Ltd has a 1 year low of $15.32 and a 1 year high of $23.45. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13.

Woodside Energy Group Increases Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Thursday, October 3rd. Stockholders of record on Friday, September 6th were paid a dividend of $0.67 per share. This is a positive change from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. This represents a dividend yield of 6.8%. The ex-dividend date was Friday, September 6th.

Analyst Upgrades and Downgrades

A number of research firms recently commented on WDS. Citigroup downgraded Woodside Energy Group from a “neutral” rating to a “sell” rating in a report on Wednesday, September 4th. Sanford C. Bernstein downgraded shares of Woodside Energy Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 20th. Morgan Stanley cut shares of Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a report on Tuesday, August 27th. Royal Bank of Canada raised shares of Woodside Energy Group to a “moderate buy” rating in a report on Tuesday, August 6th. Finally, The Goldman Sachs Group downgraded Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 8th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Woodside Energy Group has a consensus 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.