Allspring Global Investments Holdings LLC Acquires 2,425 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Allspring Global Investments Holdings LLC grew its position in Woodside Energy Group Ltd (NYSE:WDS) by 23.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,560 shares of the company’s stock after purchasing an additional 2,425 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Woodside Energy Group were worth $198,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of WDS. Caprock Group LLC increased its stake in shares of Woodside Energy Group by 41.6% in the fourth quarter. Caprock Group LLC now owns 26,257 shares of the company’s stock valued at $410,000 after buying an additional 7,715 shares during the period. R Squared Ltd purchased a new stake in shares of Woodside Energy Group during the 4th quarter worth approximately $30,000. Blue Trust Inc. grew its stake in Woodside Energy Group by 22.9% in the 4th quarter. Blue Trust Inc. now owns 40,208 shares of the company’s stock valued at $693,000 after buying an additional 7,485 shares in the last quarter. Aaron Wealth Advisors LLC bought a new position in shares of Woodside Energy Group in the fourth quarter valued at approximately $203,000. Finally, Ritholtz Wealth Management grew its position in Woodside Energy Group by 10.7% during the fourth quarter. Ritholtz Wealth Management now owns 53,050 shares of the company’s stock worth $828,000 after buying an additional 5,136 shares in the last quarter. 3.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on WDS. Citigroup upgraded Woodside Energy Group from a “sell” rating to a “neutral” rating in a research report on Tuesday. Bank of America upgraded Woodside Energy Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 29th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Woodside Energy Group Trading Up 2.9 %

NYSE WDS opened at $15.04 on Wednesday. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average price of $15.45 and a 200-day moving average price of $16.17. Woodside Energy Group Ltd has a 52 week low of $14.34 and a 52 week high of $20.30.

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.