Natixis Advisors LLC Sells 291,168 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Natixis Advisors LLC decreased its holdings in Woodside Energy Group Ltd (NYSE:WDS) by 15.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,535,451 shares of the company’s stock after selling 291,168 shares during the quarter. Natixis Advisors LLC’s holdings in Woodside Energy Group were worth $26,471,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. XY Capital Ltd raised its holdings in shares of Woodside Energy Group by 554.0% in the third quarter. XY Capital Ltd now owns 334,833 shares of the company’s stock valued at $5,773,000 after buying an additional 283,633 shares during the last quarter. Bank of Montreal Can acquired a new position in shares of Woodside Energy Group during the second quarter worth approximately $3,961,000. Hsbc Holdings PLC bought a new stake in shares of Woodside Energy Group during the second quarter valued at approximately $3,283,000. Capital World Investors increased its holdings in shares of Woodside Energy Group by 213.2% in the first quarter. Capital World Investors now owns 137,056 shares of the company’s stock valued at $2,737,000 after purchasing an additional 93,301 shares in the last quarter. Finally, MADDEN SECURITIES Corp raised its position in Woodside Energy Group by 47.2% in the 3rd quarter. MADDEN SECURITIES Corp now owns 220,272 shares of the company’s stock worth $3,797,000 after purchasing an additional 70,660 shares during the last quarter. Institutional investors and hedge funds own 3.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Citigroup lowered Woodside Energy Group from a “neutral” rating to a “sell” rating in a research report on Wednesday, September 4th. Sanford C. Bernstein cut Woodside Energy Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 20th. Royal Bank of Canada raised Woodside Energy Group to a “moderate buy” rating in a research note on Tuesday, August 6th. The Goldman Sachs Group lowered shares of Woodside Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 8th. Finally, Morgan Stanley downgraded Woodside Energy Group from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, August 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Woodside Energy Group Price Performance

Shares of WDS stock opened at $15.86 on Tuesday. The company’s 50 day moving average price is $16.52 and its two-hundred day moving average price is $17.62. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.24. Woodside Energy Group Ltd has a 52 week low of $15.24 and a 52 week high of $21.63.

Woodside Energy Group Increases Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Thursday, October 3rd. Investors of record on Friday, September 6th were paid a $0.67 dividend. The ex-dividend date was Friday, September 6th. This is a positive change from Woodside Energy Group’s previous Semi-Annual dividend of $0.60. This represents a yield of 6.8%.

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.