Callan Family Office LLC Makes New $675,000 Investment in Woodside Energy Group Ltd $WDS

Key Points

• Callan Family Office LLC made a new investment of approximately $675,000 in Woodside Energy Group Ltd, acquiring 43,745 shares in the second quarter.
• Woodside Energy Group has experienced mixed analyst ratings, with one upgrade to a "strong-buy" and one downgrade to a "sell", resulting in an average rating of "Moderate Buy."
• The company recently increased its semi-annual dividend to $0.53, providing an impressive yield of 616.0%, showcasing strong shareholder returns despite a high payout ratio of 124.39%.

Callan Family Office LLC acquired a new position in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 43,745 shares of the company's stock, valued at approximately $675,000.

Several other hedge funds have also recently bought and sold shares of the stock. Abel Hall LLC acquired a new stake in Woodside Energy Group during the second quarter worth approximately $650,000. Signaturefd LLC lifted its position in Woodside Energy Group by 13.6% during the second quarter. Signaturefd LLC now owns 54,143 shares of the company's stock worth $835,000 after acquiring an additional 6,495 shares during the last quarter. Ballentine Partners LLC lifted its position in Woodside Energy Group by 38.3% during the second quarter. Ballentine Partners LLC now owns 16,241 shares of the company's stock worth $251,000 after acquiring an additional 4,496 shares during the last quarter. GAMMA Investing LLC lifted its position in Woodside Energy Group by 105.5% during the second quarter. GAMMA Investing LLC now owns 2,723 shares of the company's stock worth $42,000 after acquiring an additional 1,398 shares during the last quarter. Finally, Moody National Bank Trust Division lifted its position in Woodside Energy Group by 32.4% during the second quarter. Moody National Bank Trust Division now owns 13,396 shares of the company's stock worth $207,000 after acquiring an additional 3,277 shares during the last quarter. 3.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WDS has been the subject of several research reports. Wall Street Zen downgraded shares of Woodside Energy Group from a "hold" rating to a "sell" rating in a research report on Saturday. CLSA raised shares of Woodside Energy Group to a "strong-buy" rating in a report on Tuesday, June 24th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Woodside Energy Group in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".

Woodside Energy Group Stock Performance

Shares of NYSE:WDS opened at $14.50 on Tuesday. The company's 50 day simple moving average is $16.33 and its 200 day simple moving average is $15.19. The stock has a market capitalization of $27.56 billion, a price-to-earnings ratio of 17.68 and a beta of 0.63. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.90 and a quick ratio of 1.74. Woodside Energy Group Ltd has a 1 year low of $11.26 and a 1 year high of $17.70.

Woodside Energy Group Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Wednesday, September 24th. Investors of record on Friday, August 29th were paid a $0.53 dividend. This represents a yield of 616.0%. This is a positive change from Woodside Energy Group's previous semi-annual dividend of $0.51. The ex-dividend date of this dividend was Friday, August 29th. Woodside Energy Group's payout ratio is 124.39%.

Woodside Energy Group Profile

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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