Dimensional Fund Advisors LP Sells 87,875 Shares of Woodside Energy Group Ltd $WDS

Key Points

• Dimensional Fund Advisors reduced its Woodside Energy Group stake by 12.2%, selling 87,875 shares during the first quarter and retaining 630,144 shares valued at approximately $15.05 million.
• Other institutional investors made purchases or increased their positions, but hedge funds and institutions collectively own only 3.17% of WDS.
• Woodside shares opened at $22.42, within a 52-week range of $14.27 to $25.19, while analysts maintain a consensus “Hold” rating.

Dimensional Fund Advisors LP lowered its stake in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 12.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 630,144 shares of the company's stock after selling 87,875 shares during the quarter. Dimensional Fund Advisors LP's holdings in Woodside Energy Group were worth $15,050,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Arax Advisory Partners lifted its position in Woodside Energy Group by 257.0% in the fourth quarter. Arax Advisory Partners now owns 1,660 shares of the company's stock worth $26,000 after buying an additional 1,195 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Woodside Energy Group by 111.3% in the first quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company's stock valued at $30,000 after acquiring an additional 1,102 shares during the period. EFG International AG purchased a new stake in shares of Woodside Energy Group in the fourth quarter valued at $32,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Woodside Energy Group in the 4th quarter worth about $35,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Woodside Energy Group by 38.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company's stock worth $36,000 after acquiring an additional 646 shares during the last quarter. Hedge funds and other institutional investors own 3.17% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Woodside Energy Group in a report on Monday, June 8th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Woodside Energy Group currently has a consensus rating of "Hold".

Woodside Energy Group Price Performance

Shares of WDS stock opened at $22.42 on Friday. The stock has a 50 day moving average price of $21.17 and a 200 day moving average price of $21.32. Woodside Energy Group Ltd has a 52-week low of $14.27 and a 52-week high of $25.19. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.59 and a quick ratio of 1.46.

Woodside Energy Group Company 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.

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