Ballentine Partners LLC Raises Holdings in Woodside Energy Group Ltd (NYSE:WDS)

Ballentine Partners LLC increased its position in shares of Woodside Energy Group Ltd (NYSE:WDS) by 48.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,467 shares of the company’s stock after buying an additional 9,239 shares during the period. Ballentine Partners LLC’s holdings in Woodside Energy Group were worth $491,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Rothschild Investment LLC purchased a new position in Woodside Energy Group during the 2nd quarter valued at about $29,000. Russell Investments Group Ltd. lifted its holdings in Woodside Energy Group by 54.3% during the first quarter. Russell Investments Group Ltd. now owns 1,710 shares of the company’s stock worth $34,000 after buying an additional 602 shares during the period. Whittier Trust Co. boosted its position in Woodside Energy Group by 25.1% during the 2nd quarter. Whittier Trust Co. now owns 3,063 shares of the company’s stock valued at $58,000 after acquiring an additional 615 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Woodside Energy Group by 97.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,307 shares of the company’s stock worth $60,000 after purchasing an additional 1,631 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in Woodside Energy Group during the first quarter valued at about $92,000. 3.17% of the stock is currently owned by institutional investors.

Woodside Energy Group Trading Down 0.2 %

NYSE:WDS opened at $16.11 on Monday. 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 Ltd has a twelve month low of $15.32 and a twelve month high of $22.33. The company’s 50 day moving average is $17.14 and its two-hundred day moving average is $17.95.

Woodside Energy Group Increases Dividend

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

Analyst Upgrades and Downgrades

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

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.