Oppenheimer & Co. Inc. Buys 7,174 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Oppenheimer & Co. Inc. increased its stake in Woodside Energy Group Ltd (NYSE:WDS) by 18.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 45,623 shares of the company’s stock after buying an additional 7,174 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Woodside Energy Group were worth $787,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WDS. Natixis Advisors LLC boosted its stake in Woodside Energy Group by 25.4% in the 2nd quarter. Natixis Advisors LLC now owns 1,826,619 shares of the company’s stock worth $34,359,000 after purchasing an additional 369,994 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Woodside Energy Group by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 869,713 shares of the company’s stock valued at $16,360,000 after acquiring an additional 6,267 shares during the period. Millennium Management LLC boosted its position in shares of Woodside Energy Group by 10.6% in the second quarter. Millennium Management LLC now owns 505,380 shares of the company’s stock valued at $9,506,000 after acquiring an additional 48,278 shares during the period. XY Capital Ltd increased its holdings in Woodside Energy Group by 554.0% during the 3rd quarter. XY Capital Ltd now owns 334,833 shares of the company’s stock worth $5,773,000 after acquiring an additional 283,633 shares during the period. Finally, Nichols & Pratt Advisers LLP MA lifted its stake in Woodside Energy Group by 0.4% in the 2nd quarter. Nichols & Pratt Advisers LLP MA now owns 258,480 shares of the company’s stock worth $4,862,000 after purchasing an additional 1,031 shares in the last quarter. 3.17% of the stock is currently owned by institutional investors.

Woodside Energy Group Stock Performance

NYSE WDS opened at $15.98 on Wednesday. Woodside Energy Group Ltd has a 52-week low of $15.24 and a 52-week high of $21.63. The company has a fifty day moving average of $16.53 and a 200-day moving average of $17.60. The company has a market capitalization of $15.72 billion, a P/E ratio of 14.01 and a beta of 1.11. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24.

Woodside Energy Group Increases Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Thursday, October 3rd. Shareholders of record on Friday, September 6th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Friday, September 6th. This represents a yield of 6.8%. This is a positive change from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. Woodside Energy Group’s payout ratio is 117.54%.

Wall Street Analysts Forecast Growth

WDS has been the subject of a number of recent analyst reports. 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. Morgan Stanley lowered Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, August 27th. Sanford C. Bernstein lowered Woodside Energy Group from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 20th. Royal Bank of Canada raised Woodside Energy Group to a “moderate buy” rating in a report on Tuesday, August 6th. Finally, Citigroup lowered Woodside Energy Group from a “neutral” rating to a “sell” rating in a report on Wednesday, September 4th. One 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

About Woodside Energy Group

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.