Natixis Advisors LLC Purchases 239,308 Shares of Woodside Energy Group Ltd (NYSE:WDS)

Natixis Advisors LLC lifted its position in Woodside Energy Group Ltd (NYSE:WDS) by 15.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,774,759 shares of the company’s stock after buying an additional 239,308 shares during the quarter. Natixis Advisors LLC owned about 0.09% of Woodside Energy Group worth $27,686,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. FMR LLC lifted its position in Woodside Energy Group by 92.2% during the 3rd quarter. FMR LLC now owns 2,023,151 shares of the company’s stock worth $34,879,000 after acquiring an additional 970,640 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Woodside Energy Group in the fourth quarter worth about $6,554,000. Jane Street Group LLC lifted its position in shares of Woodside Energy Group by 154.0% during the 3rd quarter. Jane Street Group LLC now owns 308,503 shares of the company’s stock worth $5,319,000 after purchasing an additional 187,033 shares during the last quarter. HighTower Advisors LLC boosted its stake in Woodside Energy Group by 148.6% during the 3rd quarter. HighTower Advisors LLC now owns 137,468 shares of the company’s stock valued at $2,354,000 after purchasing an additional 82,161 shares during the period. Finally, Quantinno Capital Management LP grew its holdings in Woodside Energy Group by 81.8% in the 3rd quarter. Quantinno Capital Management LP now owns 171,107 shares of the company’s stock valued at $2,950,000 after buying an additional 76,967 shares during the last quarter. 3.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

WDS has been the subject of several research reports. Bank of America raised Woodside Energy Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 29th. Citigroup upgraded shares of Woodside Energy Group from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 25th. Four analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Woodside Energy Group Price Performance

Shares of WDS stock opened at $14.63 on Tuesday. Woodside Energy Group Ltd has a 12 month low of $14.11 and a 12 month high of $20.30. The company has a market capitalization of $27.78 billion, a P/E ratio of 17.85 and a beta of 1.03. The stock has a 50 day moving average of $15.34 and a two-hundred day moving average of $15.90. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13.

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. The ex-dividend date is Friday, March 7th. This represents a yield of 7.6%. Woodside Energy Group’s dividend payout ratio (DPR) is currently 124.39%.

About Woodside Energy Group

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.