420,158 Shares in Woodside Energy Group Ltd (NYSE:WDS) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in shares of Woodside Energy Group Ltd (NYSE:WDS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 420,158 shares of the company's stock, valued at approximately $6,554,000.

A number of other large investors also recently bought and sold shares of the business. Avior Wealth Management LLC increased its holdings in shares of Woodside Energy Group by 155.3% in the 3rd quarter. Avior Wealth Management LLC now owns 1,644 shares of the company's stock valued at $28,000 after acquiring an additional 1,000 shares during the period. R Squared Ltd purchased a new stake in shares of Woodside Energy Group during the fourth quarter valued at about $30,000. Addison Advisors LLC boosted its holdings in shares of Woodside Energy Group by 559.9% in the 4th quarter. Addison Advisors LLC now owns 1,973 shares of the company's stock valued at $31,000 after buying an additional 1,674 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Woodside Energy Group by 43.6% in the 4th quarter. GAMMA Investing LLC now owns 2,176 shares of the company's stock worth $34,000 after buying an additional 661 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Woodside Energy Group during the 3rd quarter worth approximately $39,000. Institutional investors own 3.17% of the company's stock.

Woodside Energy Group Stock Performance

Woodside Energy Group stock traded up $0.19 during mid-day trading on Thursday, reaching $14.90. 818,309 shares of the company traded hands, compared to its average volume of 863,272. Woodside Energy Group Ltd has a fifty-two week low of $14.10 and a fifty-two week high of $20.30. The firm's fifty day moving average is $15.13 and its two-hundred day moving average is $15.77. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.24 and a quick ratio of 1.09. The company has a market capitalization of $28.28 billion, a price-to-earnings ratio of 18.16 and a beta of 1.03.

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Woodside Energy Group Cuts Dividend

The company also recently announced a semi-annual dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be given a $0.51 dividend. This represents a dividend yield of 7.6%. The ex-dividend date of this dividend is Friday, March 7th. Woodside Energy Group's payout ratio is 124.39%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on WDS. Citigroup upgraded shares of Woodside Energy Group from a "sell" rating to a "neutral" rating in a research note on Tuesday, February 25th. Bank of America upgraded Woodside Energy Group from a "neutral" rating to a "buy" rating in a research note on Wednesday, January 29th. 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. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".

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.