171,666 Shares in Woodside Energy Group Ltd $WDS Acquired by OLD Mission Capital LLC

Key Points

• OLD Mission Capital LLC has acquired 171,666 shares of Woodside Energy Group Ltd valued at approximately $2.49 million, according to a recent SEC filing.
• Woodside Energy Group is set to pay a semi-annual dividend of $0.53 per share, which reflects a yield of 616.0% and is an increase from the previous dividend of $0.51.
• The stock currently has a consensus rating of "Moderate Buy", with various analysts' ratings varying from "Strong Buy" to "Sell."

OLD Mission Capital LLC acquired a new position in Woodside Energy Group Ltd (NYSE:WDS - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 171,666 shares of the company's stock, valued at approximately $2,487,000.

Other large investors have also recently modified their holdings of the company. GAMMA Investing LLC increased its position in shares of Woodside Energy Group by 782.3% during the 1st quarter. GAMMA Investing LLC now owns 19,199 shares of the company's stock valued at $278,000 after purchasing an additional 17,023 shares during the last quarter. Northern Trust Corp increased 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 purchasing an additional 955,303 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new position in Woodside Energy Group during the 1st quarter valued at $470,000. Dimensional Fund Advisors LP boosted its holdings 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 valued at $13,315,000 after acquiring an additional 42,172 shares during the period. Finally, Two Sigma Investments LP purchased a new position in Woodside Energy Group during the 4th quarter valued at $991,000. Institutional investors own 3.17% of the company's stock.

Woodside Energy Group Stock Performance

Shares of NYSE:WDS traded down $0.04 during trading on Thursday, hitting $16.77. The stock had a trading volume of 191,958 shares, compared to its average volume of 887,426. Woodside Energy Group Ltd has a 12-month low of $11.26 and a 12-month high of $18.42. The stock has a market capitalization of $31.83 billion, a price-to-earnings ratio of 20.43 and a beta of 0.69. The company has a quick ratio of 1.74, a current ratio of 1.90 and a debt-to-equity ratio of 0.31. The stock has a 50-day simple moving average of $16.67 and a two-hundred day simple moving average of $15.04.

Woodside Energy Group Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Friday, August 29th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Friday, August 29th. This is an increase from Woodside Energy Group's previous semi-annual dividend of $0.51. This represents a yield of 616.0%. Woodside Energy Group's dividend payout ratio is 124.39%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. CLSA upgraded Woodside Energy Group to a "strong-buy" rating in a report on Tuesday, June 24th. Wall Street Zen cut Woodside Energy Group from a "hold" rating to a "sell" rating in a report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy".

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.