Dimensional Fund Advisors LP Grows Stock Position in Woodside Energy Group Ltd (NYSE:WDS)

Dimensional Fund Advisors LP boosted its holdings in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 5.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 853,601 shares of the company's stock after buying an additional 42,172 shares during the period. Dimensional Fund Advisors LP's holdings in Woodside Energy Group were worth $13,315,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. First Trust Advisors LP raised its holdings 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 last quarter. Forum Financial Management LP increased its holdings in Woodside Energy Group by 181.9% during the 4th quarter. Forum Financial Management LP now owns 73,556 shares of the company's stock worth $1,147,000 after purchasing an additional 47,465 shares in the last quarter. Balanced Rock Investment Advisors LLC purchased a new stake in shares of Woodside Energy Group in the fourth quarter worth approximately $180,000. Marshall Wace LLP bought a new position in shares of Woodside Energy Group in the fourth quarter valued at approximately $7,809,000. Finally, NewEdge Advisors LLC lifted its holdings in shares of Woodside Energy Group by 679.8% in the fourth quarter. NewEdge Advisors LLC now owns 6,683 shares of the company's stock valued at $104,000 after purchasing an additional 5,826 shares in the last quarter. Institutional investors and hedge funds own 3.17% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Citigroup upgraded Woodside Energy Group from a "sell" rating to a "neutral" rating in a report on Tuesday, February 25th. Macquarie lowered shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 8th. Finally, Bank of America upgraded shares of Woodside Energy Group from a "neutral" rating to a "buy" rating in a report on Wednesday, January 29th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold".

Woodside Energy Group Stock Performance

Shares of WDS stock traded up $0.28 during trading on Monday, hitting $13.49. The company's stock had a trading volume of 910,864 shares, compared to its average volume of 954,874. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. The company has a market cap of $25.61 billion, a PE ratio of 16.45 and a beta of 0.61. The business has a fifty day moving average of $13.47 and a 200-day moving average of $14.83. Woodside Energy Group Ltd has a 52 week low of $11.26 and a 52 week high of $20.17.

Woodside Energy Group Cuts Dividend

The firm also recently announced a semi-annual dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were paid a dividend of $0.51 per share. This represents a dividend yield of 7.6%. The ex-dividend date was Friday, March 7th. Woodside Energy Group's payout ratio 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.