PNC Financial Services Group Inc. bought a new position in Woodside Energy Group Ltd (NYSE:WDS – Get Rating) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 44,003 shares of the company’s stock, valued at approximately $1,065,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Ellevest Inc. purchased a new position in shares of Woodside Energy Group in the 4th quarter worth approximately $25,000. S.A. Mason LLC bought a new position in Woodside Energy Group in the 4th quarter valued at $27,000. Pacifica Partners Inc. bought a new position in Woodside Energy Group in the 4th quarter valued at $35,000. Solstein Capital LLC bought a new position in Woodside Energy Group in the 4th quarter valued at $38,000. Finally, Allworth Financial LP bought a new position in Woodside Energy Group in the 4th quarter valued at $47,000. Hedge funds and other institutional investors own 3.26% of the company’s stock.
Woodside Energy Group Stock Down 2.3 %
Shares of WDS stock opened at $22.49 on Wednesday. Woodside Energy Group Ltd has a twelve month low of $19.11 and a twelve month high of $26.93. The stock has a fifty day simple moving average of $22.59 and a two-hundred day simple moving average of $23.79. The company has a current ratio of 1.41, a quick ratio of 1.30 and a debt-to-equity ratio of 0.13.
Woodside Energy Group Dividend Announcement
The business also recently disclosed a Final dividend, which was paid on Tuesday, April 4th. Investors of record on Tuesday, April 4th were paid a dividend of $2.113 per share. This represents a dividend yield of 5.62%. The ex-dividend date was Tuesday, March 7th.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the company. The Goldman Sachs Group cut Woodside Energy Group from a “buy” rating to a “neutral” rating in a report on Sunday, April 30th. JPMorgan Chase & Co. upgraded Woodside Energy Group from an “underweight” rating to a “neutral” rating in a report on Friday, April 21st.
Insider Buying and Selling
In other Woodside Energy Group news, insider Marguerite (Meg) O’Neil 111,747 shares of the company’s stock in a transaction that occurred on Tuesday, May 2nd. 0.04% of the stock is currently owned by company insiders.
Woodside Energy Group Profile
Woodside Energy Group Ltd. engages in the exploration, evaluation, development, and production of hydrocarbon and oil and gas properties. It operates through the following segments: North West Shelf, Pluto, Australia Oil, Wheatstone, Development, and Others. The North West Shelf segment produces liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas and crude oil from the North West Shelf ventures.
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