Natixis Advisors LLC Has $21.40 Million Stock Holdings in Woodside Energy Group Ltd (NYSE:WDS)

Key Points

• Natixis Advisors LLC reduced its stake in Woodside Energy Group Ltd by 16.8%, selling 297,725 shares, and now owns 1,477,034 shares valued at approximately $21.4 million.
• Recent institutional activity includes Huntington National Bank increasing its position by 482.5% and NewEdge Advisors LLC raising its position by 679.8%, indicating growing interest among investors.
• Analyst ratings for Woodside Energy Group vary, with five analysts giving a hold rating, one a buy rating, and one a strong buy rating, resulting in a consensus rating of "Hold."

Natixis Advisors LLC lessened its holdings in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 16.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,477,034 shares of the company's stock after selling 297,725 shares during the period. Natixis Advisors LLC owned 0.08% of Woodside Energy Group worth $21,402,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of WDS. Northern Trust Corp grew its position in shares of Woodside Energy Group by 713.0% during the 4th quarter. Northern Trust Corp now owns 1,089,286 shares of the company's stock valued at $16,993,000 after buying an additional 955,303 shares during the last quarter. Marshall Wace LLP acquired a new position in Woodside Energy Group during the 4th quarter valued at about $7,809,000. Raymond James Financial Inc. acquired a new position in Woodside Energy Group during the 4th quarter valued at about $6,554,000. Voloridge Investment Management LLC acquired a new position in Woodside Energy Group during the 4th quarter valued at about $5,388,000. Finally, First Trust Advisors LP lifted its stake in shares of Woodside Energy Group by 28.9% in the 4th quarter. First Trust Advisors LP now owns 702,363 shares of the company's stock worth $10,957,000 after acquiring an additional 157,618 shares during the period. Institutional investors own 3.17% of the company's stock.

Woodside Energy Group Stock Performance

WDS stock traded up $0.08 on Monday, hitting $16.93. 393,008 shares of the company's stock traded hands, compared to its average volume of 641,641. The company has a quick ratio of 1.17, a current ratio of 1.29 and a debt-to-equity ratio of 0.25. Woodside Energy Group Ltd has a 1-year low of $11.26 and a 1-year high of $18.44. The stock has a fifty day moving average of $15.76 and a 200-day moving average of $14.75.

Analyst Ratings Changes

A number of analysts have recently weighed in on WDS shares. Macquarie lowered shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 8th. CLSA raised shares of Woodside Energy Group to a "strong-buy" rating in a research note on Tuesday, June 24th. Five equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold".

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.