South Street Advisors LLC Sells 3,828 Shares of Woodside Energy Group Ltd (NYSE:WDS)

South Street Advisors LLC decreased its position in shares of Woodside Energy Group Ltd (NYSE:WDS) by 10.6% during the second quarter, HoldingsChannel reports. The fund owned 32,423 shares of the company’s stock after selling 3,828 shares during the quarter. South Street Advisors LLC’s holdings in Woodside Energy Group were worth $610,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of WDS. Natixis Advisors LLC increased its position in Woodside Energy Group by 25.4% during the second quarter. Natixis Advisors LLC now owns 1,826,619 shares of the company’s stock valued at $34,359,000 after acquiring an additional 369,994 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Woodside Energy Group during the fourth quarter valued at $3,237,000. MADDEN SECURITIES Corp boosted its stake in shares of Woodside Energy Group by 459.6% during the first quarter. MADDEN SECURITIES Corp now owns 131,862 shares of the company’s stock valued at $2,633,000 after purchasing an additional 108,300 shares during the period. Capital World Investors boosted its stake in shares of Woodside Energy Group by 213.2% during the first quarter. Capital World Investors now owns 137,056 shares of the company’s stock valued at $2,737,000 after purchasing an additional 93,301 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Woodside Energy Group by 70.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 141,284 shares of the company’s stock valued at $2,980,000 after purchasing an additional 58,412 shares during the period. Institutional investors own 3.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WDS. Morgan Stanley lowered shares of Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, August 27th. Macquarie raised shares of Woodside Energy Group to a “strong-buy” rating in a research note on Sunday, June 23rd. Citigroup lowered shares of Woodside Energy Group from a “neutral” rating to a “sell” rating in a research note on Wednesday, September 4th. The Goldman Sachs Group lowered shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 8th. Finally, Royal Bank of Canada raised shares of Woodside Energy Group to a “moderate buy” rating in a research note on Tuesday, August 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Woodside Energy Group Stock Down 0.3 %

WDS stock opened at $15.78 on Wednesday. The firm has a 50-day simple moving average of $18.02 and a two-hundred day simple moving average of $18.59. Woodside Energy Group Ltd has a one year low of $15.43 and a one year high of $24.85. 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 Increases Dividend

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

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.