Cromwell Holdings LLC Decreases Holdings in Woodside Energy Group Ltd $WDS

Cromwell Holdings LLC lowered its stake in shares of Woodside Energy Group Ltd (NYSE:WDS) by 66.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,072 shares of the company’s stock after selling 4,159 shares during the period. Cromwell Holdings LLC’s holdings in Woodside Energy Group were worth $32,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. boosted its holdings in Woodside Energy Group by 11.4% in the 1st quarter. Raymond James Financial Inc. now owns 467,962 shares of the company’s stock worth $6,781,000 after buying an additional 47,804 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Woodside Energy Group by 648.0% during the first quarter. Jane Street Group LLC now owns 383,379 shares of the company’s stock valued at $5,555,000 after acquiring an additional 332,125 shares during the last quarter. Hourglass Capital LLC lifted its position in shares of Woodside Energy Group by 19.4% in the first quarter. Hourglass Capital LLC now owns 270,110 shares of the company’s stock valued at $3,914,000 after acquiring an additional 43,861 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Woodside Energy Group by 24.9% in the first quarter. Massachusetts Financial Services Co. MA now owns 247,444 shares of the company’s stock worth $3,585,000 after acquiring an additional 49,373 shares during the last quarter. Finally, OLD Mission Capital LLC purchased a new stake in shares of Woodside Energy Group during the first quarter worth approximately $2,487,000. Institutional investors and hedge funds own 3.17% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. CLSA upgraded Woodside Energy Group to a “strong-buy” rating in a report on Tuesday, June 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Woodside Energy Group in a research note on Saturday, September 27th. Finally, Wall Street Zen upgraded shares of Woodside Energy Group from a “sell” rating to a “hold” rating in a research report on Sunday, September 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Woodside Energy Group has an average rating of “Moderate Buy”.

Woodside Energy Group Trading Up 1.9%

Shares of WDS opened at $15.25 on Friday. Woodside Energy Group Ltd has a 12-month low of $11.26 and a 12-month high of $18.42. The firm has a market capitalization of $28.95 billion, a P/E ratio of 18.59 and a beta of 0.63. The firm has a 50-day moving average price of $16.60 and a 200 day moving average price of $15.17. 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 Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Wednesday, September 24th. Stockholders of record on Friday, August 29th were given a dividend of $0.53 per share. This represents a dividend yield of 616.0%. The ex-dividend date of this dividend was Friday, August 29th. This is a boost from Woodside Energy Group’s previous semi-annual dividend of $0.51. Woodside Energy Group’s dividend payout ratio is presently 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.