Nichols & Pratt Advisers LLP MA Increases Stake in Woodside Energy Group Ltd (NYSE:WDS)

Nichols & Pratt Advisers LLP MA boosted its stake in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 23.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 157,845 shares of the company's stock after buying an additional 30,266 shares during the quarter. Nichols & Pratt Advisers LLP MA's holdings in Woodside Energy Group were worth $2,288,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Natixis Advisors LLC raised its holdings in Woodside Energy Group by 15.6% during the 4th quarter. Natixis Advisors LLC now owns 1,774,759 shares of the company's stock worth $27,686,000 after purchasing an additional 239,308 shares during the last quarter. Northern Trust Corp increased 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 during the period. Dimensional Fund Advisors LP raised 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 buying an additional 42,172 shares during the last quarter. First Trust Advisors LP lifted its holdings in Woodside Energy Group by 28.9% in the fourth quarter. First Trust Advisors LP now owns 702,363 shares of the company's stock valued at $10,957,000 after buying an additional 157,618 shares during the period. Finally, Marshall Wace LLP bought a new stake in Woodside Energy Group during the fourth quarter valued at $7,809,000. 3.17% of the stock is owned by institutional investors and hedge funds.

Woodside Energy Group Price Performance

Shares of WDS stock traded down $0.05 during trading on Friday, hitting $15.78. The company's stock had a trading volume of 379,870 shares, compared to its average volume of 958,179. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.17 and a current ratio of 1.29. The business has a fifty day moving average of $14.59 and a 200-day moving average of $14.65. Woodside Energy Group Ltd has a 52 week low of $11.26 and a 52 week high of $20.17.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Macquarie downgraded Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 8th. CLSA upgraded shares of 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 given a strong buy rating to the company. Based on data from 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.