Nichols & Pratt Advisers LLP MA Sells 23,187 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Nichols & Pratt Advisers LLP MA lessened its stake in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) by 15.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 127,579 shares of the company's stock after selling 23,187 shares during the period. Nichols & Pratt Advisers LLP MA's holdings in Woodside Energy Group were worth $1,990,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in WDS. Avior Wealth Management LLC lifted its position in shares of Woodside Energy Group by 155.3% in the third quarter. Avior Wealth Management LLC now owns 1,644 shares of the company's stock worth $28,000 after buying an additional 1,000 shares in the last quarter. R Squared Ltd purchased a new stake in shares of Woodside Energy Group during the 4th quarter worth approximately $30,000. Addison Advisors LLC boosted its position in shares of Woodside Energy Group by 559.9% during the 4th quarter. Addison Advisors LLC now owns 1,973 shares of the company's stock valued at $31,000 after acquiring an additional 1,674 shares during the last quarter. Nisa Investment Advisors LLC increased its position in Woodside Energy Group by 81.8% in the third quarter. Nisa Investment Advisors LLC now owns 2,000 shares of the company's stock worth $36,000 after purchasing an additional 900 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in Woodside Energy Group by 43.6% during the fourth quarter. GAMMA Investing LLC now owns 2,176 shares of the company's stock valued at $34,000 after purchasing an additional 661 shares in the last quarter. Institutional investors own 3.17% of the company's stock.

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Analysts Set New Price Targets

A number of research firms have recently weighed in on WDS. Bank of America upgraded shares of Woodside Energy Group from a "neutral" rating to a "buy" rating in a report on Wednesday, January 29th. Citigroup upgraded Woodside Energy Group from a "sell" rating to a "neutral" rating in a research report on Tuesday, February 25th. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy".

Woodside Energy Group Trading Down 0.0 %

Shares of WDS stock traded down $0.01 on Wednesday, reaching $15.15. 752,191 shares of the company's stock were exchanged, compared to its average volume of 819,445. The company's fifty day simple moving average is $15.51 and its 200 day simple moving average is $16.11. Woodside Energy Group Ltd has a 52 week low of $14.34 and a 52 week high of $20.30. 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 stock has a market capitalization of $28.76 billion, a PE ratio of 18.47 and a beta of 1.09.

Woodside Energy Group Cuts Dividend

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