Woodside Energy Group Ltd $WDS Shares Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. boosted its stake in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 11.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 467,962 shares of the company's stock after purchasing an additional 47,804 shares during the quarter. Raymond James Financial Inc.'s holdings in Woodside Energy Group were worth $6,781,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Greenline Partners LLC purchased a new stake in Woodside Energy Group during the 4th quarter worth about $30,000. Moors & Cabot Inc. purchased a new stake in Woodside Energy Group during the 1st quarter worth about $146,000. Sage Rhino Capital LLC purchased a new stake in Woodside Energy Group during the 1st quarter worth about $146,000. Moody National Bank Trust Division purchased a new stake in Woodside Energy Group during the 1st quarter worth about $147,000. Finally, Vise Technologies Inc. purchased a new stake in Woodside Energy Group during the 4th quarter worth about $165,000. Hedge funds and other institutional investors own 3.17% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on WDS. Wall Street Zen upgraded Woodside Energy Group from a "sell" rating to a "hold" rating in a report on Saturday. CLSA upgraded Woodside Energy Group to a "strong-buy" rating in a report on Tuesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Woodside Energy Group Stock Performance

Shares of NYSE WDS traded down $0.08 during trading hours on Friday, reaching $16.66. The stock had a trading volume of 678,398 shares, compared to its average volume of 599,125. Woodside Energy Group Ltd has a fifty-two week low of $11.26 and a fifty-two week high of $18.42. The firm has a 50-day moving average of $16.72 and a 200-day moving average of $15.06. The company has a current ratio of 1.90, a quick ratio of 1.74 and a debt-to-equity ratio of 0.31. The firm has a market cap of $31.62 billion, a price-to-earnings ratio of 20.31 and a beta of 0.69.

Woodside Energy Group Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Wednesday, September 24th. Investors of record on Friday, August 29th will be paid a $0.53 dividend. This represents a yield of 616.0%. 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. Woodside Energy Group's dividend payout ratio (DPR) is 124.39%.

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.