Quantinno Capital Management LP Raises Stock Position in Woodside Energy Group Ltd $WDS

Quantinno Capital Management LP grew its position in Woodside Energy Group Ltd (NYSE:WDS) by 20.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 613,278 shares of the company’s stock after buying an additional 104,720 shares during the quarter. Quantinno Capital Management LP’s holdings in Woodside Energy Group were worth $14,645,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Arax Advisory Partners raised its holdings in shares of Woodside Energy Group by 257.0% in the fourth quarter. Arax Advisory Partners now owns 1,660 shares of the company’s stock valued at $26,000 after acquiring an additional 1,195 shares in the last quarter. Geneos Wealth Management Inc. increased its position in Woodside Energy Group by 111.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,092 shares of the company’s stock valued at $30,000 after purchasing an additional 1,102 shares during the period. EFG International AG purchased a new stake in shares of Woodside Energy Group in the 4th quarter worth approximately $32,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Woodside Energy Group during the fourth quarter valued at approximately $35,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Woodside Energy Group by 38.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company’s stock valued at $36,000 after buying an additional 646 shares during the period. Hedge funds and other institutional investors own 3.17% of the company’s stock.

Woodside Energy Group Stock Up 0.1%

WDS stock opened at $23.48 on Monday. The firm has a 50-day simple moving average of $21.12 and a two-hundred day simple moving average of $21.13. Woodside Energy Group Ltd has a one year low of $14.27 and a one year high of $25.19. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.59 and a quick ratio of 1.46.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Woodside Energy Group in a research note on Monday, June 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Woodside Energy Group currently has a consensus rating of “Hold”.

About Woodside Energy Group

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.