Northern Trust Corp Has $16.99 Million Holdings in Woodside Energy Group Ltd (NYSE:WDS)

Northern Trust Corp raised its stake in Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 713.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,089,286 shares of the company's stock after acquiring an additional 955,303 shares during the quarter. Northern Trust Corp owned about 0.06% of Woodside Energy Group worth $16,993,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of WDS. Dimensional Fund Advisors LP increased its holdings in shares of 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 purchasing an additional 42,172 shares during the period. Summit Global Investments bought a new position in Woodside Energy Group in the fourth quarter valued at approximately $5,308,000. GAMMA Investing LLC increased its stake in Woodside Energy Group by 43.6% in the fourth quarter. GAMMA Investing LLC now owns 2,176 shares of the company's stock valued at $34,000 after acquiring an additional 661 shares during the last quarter. Rhumbline Advisers increased its stake in Woodside Energy Group by 3.1% in the fourth quarter. Rhumbline Advisers now owns 43,629 shares of the company's stock valued at $681,000 after acquiring an additional 1,314 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Woodside Energy Group in the fourth quarter valued at approximately $6,554,000. 3.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WDS. Citigroup raised shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a research note on Tuesday, February 25th. Bank of America raised shares of Woodside Energy Group from a "neutral" rating to a "buy" rating in a research note on Wednesday, January 29th. Finally, Macquarie cut shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 8th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, Woodside Energy Group has a consensus rating of "Hold".

Woodside Energy Group Price Performance

Shares of NYSE WDS traded down $0.09 during midday trading on Friday, reaching $14.10. 476,766 shares of the company were exchanged, compared to its average volume of 958,095. The stock's 50-day moving average price is $13.40 and its 200-day moving average price is $14.78. The stock has a market cap of $26.76 billion, a P/E ratio of 17.19 and a beta of 0.61. Woodside Energy Group Ltd has a one year low of $11.26 and a one year 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.

Woodside Energy Group Cuts Dividend

The business also recently announced a semi-annual dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were paid a dividend of $0.51 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a dividend yield of 7.6%. Woodside Energy Group's payout ratio is presently 124.39%.

Woodside Energy Group Company 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.