Woodside Energy Group (NYSE:WDS) Upgraded to Hold at Wall Street Zen

Key Points

• Woodside Energy Group has been upgraded to a Hold rating by Wall Street Zen, moving up from a previous sell rating.
• CLSA also upgraded the stock to a strong-buy rating, with various analysts assigning ratings from strong buy to hold.
• The company's stock is currently down 0.9%, with a market capitalization of $29.10 billion and a 52-week trading range between $11.26 and $18.42.

Woodside Energy Group (NYSE:WDS - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Sunday.

Separately, CLSA upgraded Woodside Energy Group to a "strong-buy" rating in a report on Tuesday, June 24th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy".

Woodside Energy Group Stock Down 0.9%

Shares of NYSE:WDS opened at $15.33 on Friday. The firm has a market capitalization of $29.10 billion, a P/E ratio of 18.69 and a beta of 0.69. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.74 and a current ratio of 1.90. The stock has a 50 day moving average price of $16.75 and a 200-day moving average price of $15.15. Woodside Energy Group has a 52-week low of $11.26 and a 52-week high of $18.42.

Institutional Investors Weigh In On Woodside Energy Group

Large investors have recently bought and sold shares of the business. Rothschild Investment LLC grew its stake in shares of Woodside Energy Group by 137.7% during the 2nd quarter. Rothschild Investment LLC now owns 2,073 shares of the company's stock valued at $32,000 after purchasing an additional 1,201 shares during the period. Geneos Wealth Management Inc. raised its stake in Woodside Energy Group by 111.3% during the 1st 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 period. MAI Capital Management lifted its holdings in Woodside Energy Group by 206.6% in the 2nd quarter. MAI Capital Management now owns 2,287 shares of the company's stock worth $35,000 after purchasing an additional 1,541 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Woodside Energy Group by 38.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company's stock worth $36,000 after purchasing an additional 646 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in Woodside Energy Group by 105.5% in the 2nd quarter. GAMMA Investing LLC now owns 2,723 shares of the company's stock worth $42,000 after purchasing an additional 1,398 shares during the period. 3.17% of the stock is currently owned by institutional investors.

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.

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