Hourglass Capital LLC Has $3.91 Million Stock Holdings in Woodside Energy Group Ltd (NYSE:WDS)

Hourglass Capital LLC boosted its holdings in Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 19.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 270,110 shares of the company's stock after purchasing an additional 43,861 shares during the quarter. Hourglass Capital LLC's holdings in Woodside Energy Group were worth $3,914,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Natixis Advisors LLC lifted its holdings in Woodside Energy Group by 15.6% in the 4th quarter. Natixis Advisors LLC now owns 1,774,759 shares of the company's stock valued at $27,686,000 after purchasing an additional 239,308 shares in the last quarter. Northern Trust Corp grew its position in shares of Woodside Energy Group by 713.0% during the fourth quarter. Northern Trust Corp now owns 1,089,286 shares of the company's stock worth $16,993,000 after buying an additional 955,303 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Woodside Energy Group by 5.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 853,601 shares of the company's stock worth $13,315,000 after purchasing an additional 42,172 shares during the last quarter. First Trust Advisors LP lifted its stake in Woodside Energy Group by 28.9% during the fourth quarter. First Trust Advisors LP now owns 702,363 shares of the company's stock worth $10,957,000 after purchasing an additional 157,618 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in Woodside Energy Group in the fourth quarter valued at $7,809,000. Hedge funds and other institutional investors own 3.17% of the company's stock.

Woodside Energy Group Stock Up 1.6%

Shares of NYSE WDS traded up $0.25 during mid-day trading on Tuesday, reaching $15.78. 887,773 shares of the company's stock were exchanged, compared to its average volume of 957,944. 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 firm has a market capitalization of $29.96 billion, a price-to-earnings ratio of 19.24 and a beta of 0.64. Woodside Energy Group Ltd has a twelve month low of $11.26 and a twelve month high of $20.17. The business has a fifty day simple moving average of $14.69 and a 200 day simple moving average of $14.66.

Analyst Upgrades and Downgrades

Several brokerages have commented on WDS. Macquarie cut shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 8th. CLSA upgraded Woodside Energy Group to a "strong-buy" rating in a report on Tuesday, June 24th. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Woodside Energy Group presently has a consensus rating of "Hold".

Woodside Energy Group Company 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.