Callan Capital LLC Takes Position in Woodside Energy Group Ltd (NYSE:WDS)

Callan Capital LLC bought a new position in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 16,337 shares of the company's stock, valued at approximately $237,000.

Other hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC increased its stake in Woodside Energy Group by 201.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,558 shares of the company's stock worth $54,000 after purchasing an additional 2,379 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Woodside Energy Group by 7.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 150,770 shares of the company's stock worth $2,352,000 after purchasing an additional 10,110 shares in the last quarter. M&T Bank Corp increased its stake in Woodside Energy Group by 9.8% in the 4th quarter. M&T Bank Corp now owns 28,725 shares of the company's stock worth $448,000 after purchasing an additional 2,555 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Woodside Energy Group in the 4th quarter worth about $6,554,000. Finally, Dorsey & Whitney Trust CO LLC purchased a new position in Woodside Energy Group in the 4th quarter worth about $170,000. 3.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WDS has been the topic of a number of analyst reports. Macquarie cut Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 8th. CLSA upgraded Woodside Energy Group to a "strong-buy" rating in a research report on Tuesday, June 24th. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Woodside Energy Group has an average rating of "Hold".

Woodside Energy Group Stock Up 0.5%

NYSE WDS traded up $0.09 during trading on Friday, reaching $15.89. 412,516 shares of the company's stock were exchanged, compared to its average volume of 957,292. Woodside Energy Group Ltd has a fifty-two week low of $11.26 and a fifty-two week high of $20.17. The firm has a market capitalization of $30.16 billion, a PE ratio of 19.37 and a beta of 0.64. The company has a current ratio of 1.29, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The company's fifty day simple moving average is $14.91 and its 200-day simple moving average is $14.68.

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.