Charles Schwab Investment Management Inc. Purchases 16,340 Shares of Woodside Energy Group Ltd $WDS

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Woodside Energy Group Ltd by 10.8%, owning 167,110 shares valued at approximately $2.42 million after purchasing an additional 16,340 shares in the first quarter.
• Woodside Energy Group recently announced an increase in its semi-annual dividend to $0.53 per share, with a dividend yield of 616.0%.
• Analysts have mixed ratings for Woodside Energy Group, with one rating it as a strong buy and others issuing a sell rating, resulting in a current consensus of a “Moderate Buy.”

Charles Schwab Investment Management Inc. increased its stake in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 10.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 167,110 shares of the company's stock after acquiring an additional 16,340 shares during the quarter. Charles Schwab Investment Management Inc.'s holdings in Woodside Energy Group were worth $2,421,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC grew its position in Woodside Energy Group by 782.3% during the 1st quarter. GAMMA Investing LLC now owns 19,199 shares of the company's stock worth $278,000 after acquiring an additional 17,023 shares during the last quarter. Northern Trust Corp grew its position in Woodside Energy Group by 713.0% during the 4th quarter. Northern Trust Corp now owns 1,089,286 shares of the company's stock worth $16,993,000 after acquiring an additional 955,303 shares during the last quarter. Crossmark Global Holdings Inc. bought a new position in Woodside Energy Group during the 1st quarter worth approximately $470,000. Dimensional Fund Advisors LP grew its position in Woodside Energy Group by 5.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 853,601 shares of the company's stock worth $13,315,000 after acquiring an additional 42,172 shares during the last quarter. Finally, Two Sigma Investments LP bought a new position in Woodside Energy Group during the 4th quarter worth approximately $991,000. 3.17% of the stock is currently owned by institutional investors.

Woodside Energy Group Trading Down 1.7%

Shares of WDS stock traded down $0.29 during trading hours on Wednesday, reaching $16.84. The company's stock had a trading volume of 220,250 shares, compared to its average volume of 889,881. The stock has a market capitalization of $31.97 billion, a P/E ratio of 20.54 and a beta of 0.69. Woodside Energy Group Ltd has a one year low of $11.26 and a one year high of $18.42. The firm's fifty day simple moving average is $16.64 and its 200 day simple moving average is $15.02. The company has a current ratio of 1.90, a quick ratio of 1.74 and a debt-to-equity ratio of 0.31.

Woodside Energy Group Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Wednesday, September 24th. Investors of record on Friday, August 29th will be given a dividend of $0.53 per share. This is a boost from Woodside Energy Group's previous semi-annual dividend of $0.51. This represents a dividend yield of 616.0%. The ex-dividend date is Friday, August 29th. Woodside Energy Group's dividend payout ratio is presently 124.39%.

Analyst Ratings Changes

Several research firms recently issued reports on WDS. Wall Street Zen lowered Woodside Energy Group from a "hold" rating to a "sell" rating in a research report on Friday, August 22nd. CLSA upgraded Woodside Energy Group to a "strong-buy" rating in a research report on Tuesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

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.