46,760 Shares in Woodside Energy Group Ltd $WDS Bought by GTS Securities LLC

Key Points

• GTS Securities LLC purchased 46,760 shares of Woodside Energy Group in the second quarter, valued at approximately $903,000. Institutional investors collectively own 3.17% of the company.
• Analysts maintain a generally neutral outlook: four analysts rate WDS as a “Hold,” with an average price target of $23.21, compared with shares opening at $23.11.
• Woodside announced a dividend of $0.57 per share, payable September 25 to shareholders of record September 4.

GTS Securities LLC bought a new position in Woodside Energy Group Ltd (NYSE:WDS - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 46,760 shares of the company's stock, valued at approximately $903,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in WDS. AQR Capital Management LLC acquired a new position in shares of Woodside Energy Group in the first quarter valued at approximately $279,000. Jane Street Group LLC raised its holdings in Woodside Energy Group by 648.0% in the 1st quarter. Jane Street Group LLC now owns 383,379 shares of the company's stock valued at $5,555,000 after buying an additional 332,125 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Woodside Energy Group by 111.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company's stock worth $30,000 after buying an additional 1,102 shares during the period. Cetera Investment Advisers boosted its position in Woodside Energy Group by 4.4% during the 2nd quarter. Cetera Investment Advisers now owns 42,025 shares of the company's stock worth $648,000 after buying an additional 1,756 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Woodside Energy Group by 103.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 66,840 shares of the company's stock worth $1,031,000 after acquiring an additional 33,956 shares during the last quarter. 3.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Zacks Research upgraded shares of Woodside Energy Group to a "hold" rating in a research report on Tuesday, August 11th. Weiss Ratings reiterated a "hold (c)" rating on shares of Woodside Energy Group in a report on Monday, June 8th. Needham & Company LLC assumed coverage on shares of Woodside Energy Group in a research note on Tuesday, August 11th. They issued a "neutral" rating and a $23.21 price objective on the stock. Finally, Bank of America initiated coverage on Woodside Energy Group in a report on Tuesday, August 11th. They issued a "neutral" rating and a $23.21 price objective for the company. Four analysts have rated the stock with a Hold rating, According to MarketBeat, Woodside Energy Group presently has an average rating of "Hold" and an average price target of $23.21.

Woodside Energy Group Stock Down 0.8%

Shares of WDS opened at $23.11 on Friday. The business has a 50-day moving average of $21.73 and a 200-day moving average of $21.97. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.46 and a current ratio of 1.39. Woodside Energy Group Ltd has a 1 year low of $14.27 and a 1 year high of $25.19.

Woodside Energy Group Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be given a dividend of $0.57 per share. This represents a yield of 499.0%. The ex-dividend date of this dividend is Friday, September 4th.

Woodside Energy Group Profile

Woodside Energy Group NYSE: WDS is an Australia-based energy company focused on the exploration, development, production and marketing of oil and natural gas, with a strong emphasis on liquefied natural gas (LNG). The company's activities span the upstream value chain, including exploration and appraisal of hydrocarbon resources, development and operation of production facilities, and the sale and delivery of hydrocarbons to global customers.

Woodside's operations center on conventional oil and gas projects and large-scale LNG processing and export, supported by project management, engineering and commercial trading capabilities.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source