Woodside Energy Group (NYSE:WDS) Rating Increased to Hold at Wall Street Zen

Woodside Energy Group (NYSE:WDS) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Sunday.

Separately, CLSA upgraded shares of Woodside Energy Group to a “strong-buy” rating in a report on Tuesday, June 24th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Woodside Energy Group presently has an average rating of “Moderate Buy”.

Woodside Energy Group Price Performance

NYSE WDS opened at $15.11 on Friday. The firm’s 50-day simple moving average is $16.73 and its two-hundred day simple moving average is $15.17. The company has a quick ratio of 1.74, a current ratio of 1.90 and a debt-to-equity ratio of 0.31. Woodside Energy Group has a 52 week low of $11.26 and a 52 week high of $18.42. The company has a market cap of $28.68 billion, a PE ratio of 18.42 and a beta of 0.69.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Rothschild Investment LLC raised its position in Woodside Energy Group by 137.7% during the second quarter. Rothschild Investment LLC now owns 2,073 shares of the company’s stock valued at $32,000 after acquiring an additional 1,201 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Woodside Energy Group by 111.3% in the first quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock valued at $30,000 after purchasing an additional 1,102 shares during the period. MAI Capital Management raised its position in Woodside Energy Group by 206.6% in the second quarter. MAI Capital Management now owns 2,287 shares of the company’s stock valued at $35,000 after purchasing an additional 1,541 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Woodside Energy Group by 38.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company’s stock valued at $36,000 after buying an additional 646 shares during the period. Finally, GAMMA Investing LLC grew its stake in Woodside Energy Group by 105.5% during the 2nd quarter. GAMMA Investing LLC now owns 2,723 shares of the company’s stock worth $42,000 after purchasing an additional 1,398 shares in the last quarter. 3.17% of the stock is currently owned by hedge funds and other institutional investors.

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.