Woodside Energy Group (NYSE:WDS) Raised to “Hold” at Wall Street Zen

by · The Markets Daily

Woodside Energy Group (NYSE:WDSGet Free Report) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Monday.

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Woodside Energy Group in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

View Our Latest Analysis on Woodside Energy Group

Woodside Energy Group Price Performance

Shares of WDS opened at $15.82 on Monday. The stock has a 50 day simple moving average of $16.10 and a 200 day simple moving average of $16.17. The company has a current ratio of 1.90, a quick ratio of 1.74 and a debt-to-equity ratio of 0.31. Woodside Energy Group has a 52-week low of $11.26 and a 52-week high of $17.70.

Institutional Trading of Woodside Energy Group

Several large investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. lifted its stake in Woodside Energy Group by 111.3% during the first quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock worth $30,000 after purchasing an additional 1,102 shares during the last quarter. Rothschild Investment LLC raised its holdings in shares of Woodside Energy Group by 137.7% during the 2nd quarter. Rothschild Investment LLC now owns 2,073 shares of the company’s stock worth $32,000 after buying an additional 1,201 shares in the last quarter. MAI Capital Management boosted its stake in Woodside Energy Group by 206.6% in the second quarter. MAI Capital Management now owns 2,287 shares of the company’s stock valued at $35,000 after buying an additional 1,541 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Woodside Energy Group by 38.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company’s stock valued at $36,000 after acquiring an additional 646 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in Woodside Energy Group by 105.5% during the second quarter. GAMMA Investing LLC now owns 2,723 shares of the company’s stock worth $42,000 after acquiring an additional 1,398 shares in the last quarter. Institutional investors and hedge funds own 3.17% of the company’s stock.

About Woodside Energy Group

(Get Free Report)

Woodside Energy Group (NYSE: WDS) is an Australia-based energy company focused on the exploration, development, production and marketing of oil and natural gas, with a strong emphasis on liquefied natural gas (LNG). The company’s activities span the upstream value chain, including exploration and appraisal of hydrocarbon resources, development and operation of production facilities, and the sale and delivery of hydrocarbons to global customers.

Woodside’s operations center on conventional oil and gas projects and large-scale LNG processing and export, supported by project management, engineering and commercial trading capabilities.

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