Woodside Energy Group Ltd (NYSE:WDS) Given Consensus Recommendation of “Hold” by Analysts

Shares of Woodside Energy Group Ltd (NYSE:WDS) have been given an average rating of “Hold” by the six research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Separately, Bank of America upgraded Woodside Energy Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 29th.

Institutional Investors Weigh In On Woodside Energy Group

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. FMR LLC raised its stake in shares of 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 purchasing an additional 970,640 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Woodside Energy Group by 0.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 869,713 shares of the company’s stock worth $16,360,000 after purchasing an additional 6,267 shares in the last quarter. Associated Banc Corp raised its stake in shares of Woodside Energy Group by 0.6% during the 3rd quarter. Associated Banc Corp now owns 842,490 shares of the company’s stock worth $14,525,000 after purchasing an additional 5,067 shares in the last quarter. Millennium Management LLC raised its stake in shares of Woodside Energy Group by 10.6% during the 2nd quarter. Millennium Management LLC now owns 505,380 shares of the company’s stock worth $9,506,000 after purchasing an additional 48,278 shares in the last quarter. Finally, XY Capital Ltd raised its stake in shares of Woodside Energy Group by 554.0% during the 3rd quarter. XY Capital Ltd now owns 334,833 shares of the company’s stock worth $5,773,000 after purchasing an additional 283,633 shares in the last quarter. Institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Trading Up 2.7 %

NYSE WDS opened at $15.49 on Wednesday. The stock has a market capitalization of $29.40 billion, a price-to-earnings ratio of 18.22 and a beta of 1.09. The stock’s 50 day moving average price is $15.57 and its two-hundred day moving average price is $16.44. 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 has a 52 week low of $14.34 and a 52 week high of $21.38.

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.