Callan Capital LLC Takes $237,000 Position in Woodside Energy Group Ltd (NYSE:WDS)

Callan Capital LLC acquired a new stake in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 16,337 shares of the company's stock, valued at approximately $237,000.

Other hedge funds have also recently made changes to their positions in the company. Huntington National Bank raised its holdings in shares of Woodside Energy Group by 482.5% during the fourth quarter. Huntington National Bank now owns 1,730 shares of the company's stock valued at $27,000 after purchasing an additional 1,433 shares during the last quarter. Greenline Partners LLC purchased a new stake in Woodside Energy Group during the fourth quarter valued at approximately $30,000. Smartleaf Asset Management LLC increased its holdings in Woodside Energy Group by 201.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,558 shares of the company's stock valued at $54,000 after buying an additional 2,379 shares during the last quarter. Bessemer Group Inc. increased its holdings in Woodside Energy Group by 135.6% during the fourth quarter. Bessemer Group Inc. now owns 3,603 shares of the company's stock valued at $56,000 after buying an additional 2,074 shares during the last quarter. Finally, Parvin Asset Management LLC purchased a new stake in Woodside Energy Group during the fourth quarter valued at approximately $94,000. 3.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WDS has been the subject of a number of research reports. CLSA raised shares of Woodside Energy Group to a "strong-buy" rating in a report on Tuesday, June 24th. Macquarie cut shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 8th. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold".

Woodside Energy Group Stock Performance

WDS opened at $15.78 on Wednesday. The firm has a market cap of $29.96 billion, a P/E ratio of 19.24 and a beta of 0.64. Woodside Energy Group Ltd has a 1-year low of $11.26 and a 1-year high of $20.17. The company has a 50 day simple moving average of $14.75 and a two-hundred day simple moving average of $14.67. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.29 and a quick ratio of 1.17.

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.

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