Woodside Energy Group’s (WDS) Hold (C) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their hold (c) rating on shares of Woodside Energy Group (NYSE:WDS) in a research note issued to investors on Friday morning,Weiss Ratings reports.

Separately, Wall Street Zen downgraded shares of Woodside Energy Group from a “hold” rating to a “sell” rating in a research note on Saturday, October 11th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Woodside Energy Group has a consensus rating of “Moderate Buy”.

Woodside Energy Group Stock Performance

WDS opened at $15.91 on Friday. The stock’s 50 day moving average price is $15.87 and its 200-day moving average price is $15.32. Woodside Energy Group has a one year low of $11.26 and a one year high of $17.70. 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 Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Wednesday, September 24th. Investors of record on Friday, August 29th were given a dividend of $0.53 per share. This is a positive change from Woodside Energy Group’s previous semi-annual dividend of $0.51. This represents a yield of 616.0%. The ex-dividend date of this dividend was Friday, August 29th.

Hedge Funds Weigh In On Woodside Energy Group

Several hedge funds have recently bought and sold shares of the company. Forum Financial Management LP boosted its stake in shares of Woodside Energy Group by 23.5% in the 3rd quarter. Forum Financial Management LP now owns 69,905 shares of the company’s stock valued at $1,052,000 after purchasing an additional 13,311 shares in the last quarter. Cromwell Holdings LLC increased its stake in Woodside Energy Group by 71.0% during the 3rd quarter. Cromwell Holdings LLC now owns 3,543 shares of the company’s stock valued at $53,000 after purchasing an additional 1,471 shares in the last quarter. Greenleaf Trust increased its stake in Woodside Energy Group by 7.4% during the 3rd quarter. Greenleaf Trust now owns 13,256 shares of the company’s stock valued at $200,000 after purchasing an additional 913 shares in the last quarter. Signaturefd LLC grew its stake in shares of Woodside Energy Group by 5.1% in the 3rd quarter. Signaturefd LLC now owns 56,905 shares of the company’s stock worth $856,000 after acquiring an additional 2,762 shares in the last quarter. Finally, Ethic Inc. grew its stake in shares of Woodside Energy Group by 51.5% in the 3rd quarter. Ethic Inc. now owns 72,708 shares of the company’s stock worth $1,094,000 after acquiring an additional 24,713 shares in the last quarter. 3.17% of the stock is owned by institutional investors.

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.