Woodside Energy Group Ltd (NYSE:WDS) Given Average Rating of "Hold" by Analysts

Shares of Woodside Energy Group Ltd (NYSE:WDS - Get Free Report) have earned a consensus rating of "Hold" from the six research firms that are covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company.

WDS has been the topic of a number of recent analyst reports. Citigroup upgraded Woodside Energy Group from a "sell" rating to a "neutral" rating in a research report on Tuesday, February 25th. Macquarie lowered Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 8th.

Woodside Energy Group Price Performance

Shares of WDS stock traded up $0.12 during mid-day trading on Tuesday, hitting $14.64. 607,205 shares of the stock were exchanged, compared to its average volume of 934,887. Woodside Energy Group has a 52-week low of $11.26 and a 52-week high of $20.17. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.13. The company has a market cap of $27.80 billion, a PE ratio of 17.85 and a beta of 0.61. The firm has a fifty day moving average of $13.31 and a 200 day moving average of $14.65.

Hedge Funds Weigh In On Woodside Energy Group

Several hedge funds and other institutional investors have recently modified their holdings of WDS. Huntington National Bank raised its holdings in Woodside Energy Group by 482.5% in the 4th quarter. Huntington National Bank now owns 1,730 shares of the company's stock valued at $27,000 after acquiring an additional 1,433 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Woodside Energy Group in the fourth quarter valued at approximately $30,000. Greenline Partners LLC acquired a new stake in shares of Woodside Energy Group in the fourth quarter valued at approximately $30,000. Geneos Wealth Management Inc. increased its holdings in shares of Woodside Energy Group by 111.3% in the first quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company's stock valued at $30,000 after purchasing an additional 1,102 shares during the last quarter. Finally, Addison Advisors LLC lifted its position in Woodside Energy Group by 559.9% during the fourth quarter. Addison Advisors LLC now owns 1,973 shares of the company's stock worth $31,000 after buying an additional 1,674 shares in the last quarter. 3.17% of the stock is owned by hedge funds and other institutional investors.

About Woodside Energy Group

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.