Capital World Investors Grows Position in Woodside Energy Group Ltd (NYSE:WDS)

Capital World Investors grew its position in shares of Woodside Energy Group Ltd (NYSE:WDS) by 213.2% in the first quarter, according to its most recent filing with the SEC. The fund owned 137,056 shares of the company’s stock after acquiring an additional 93,301 shares during the quarter. Capital World Investors’ holdings in Woodside Energy Group were worth $2,737,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Massachusetts Financial Services Co. MA raised its position in Woodside Energy Group by 70.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 141,284 shares of the company’s stock valued at $2,980,000 after purchasing an additional 58,412 shares during the period. GAMMA Investing LLC bought a new stake in Woodside Energy Group in the fourth quarter worth $30,000. International Assets Investment Management LLC bought a new position in Woodside Energy Group during the fourth quarter valued at $1,010,000. Stifel Financial Corp increased its position in Woodside Energy Group by 21.2% during the fourth quarter. Stifel Financial Corp now owns 220,231 shares of the company’s stock valued at $4,645,000 after acquiring an additional 38,497 shares during the last quarter. Finally, US Bancorp DE raised its stake in shares of Woodside Energy Group by 65.7% in the first quarter. US Bancorp DE now owns 114,125 shares of the company’s stock valued at $2,279,000 after acquiring an additional 45,258 shares during the period. 3.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Macquarie upgraded shares of Woodside Energy Group to a “strong-buy” rating in a report on Sunday, June 23rd.

Woodside Energy Group Trading Down 0.2 %

WDS stock opened at $17.73 on Friday. Woodside Energy Group Ltd has a twelve month low of $17.37 and a twelve month high of $25.84. The business’s fifty day simple moving average is $18.68 and its two-hundred day simple moving average is $19.32. The company has a current ratio of 1.03, a quick ratio of 0.90 and a debt-to-equity ratio of 0.14.

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.