Key Points
- Insider sale: Mark Anthony Abbotsford sold 7,500 shares on March 23 at an average of $24.06 for proceeds of $180,450, cutting his stake by 23.46% to 24,467 shares (valued ≈ $588,676).
- Dividend announced: Woodside declared a $0.59 per share dividend payable March 27 to holders of record March 6 (ex-dividend date March 6), with a reported yield of 594.0%.
- Institutional buying and analyst view: Large institutions notably increased positions (e.g., Morgan Stanley +1.11M shares, UBS +968,707, Millennium +715,208), and the consensus rating on WDS is currently "Moderate Buy."
Woodside Energy Group Ltd (NYSE:WDS - Get Free Report) insider Mark Anthony Abbotsford sold 7,500 shares of the stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $24.06, for a total transaction of $180,450.00. Following the transaction, the insider owned 24,467 shares in the company, valued at $588,676.02. The trade was a 23.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Woodside Energy Group Stock Down 2.8%
WDS stock opened at $23.65 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.59 and a quick ratio of 1.46. Woodside Energy Group Ltd has a one year low of $11.26 and a one year high of $25.19. The company's 50 day moving average price is $19.64 and its two-hundred day moving average price is $17.18.
Woodside Energy Group Dividend Announcement
The firm also recently announced a dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 6th will be issued a dividend of $0.59 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a dividend yield of 594.0%.
Institutional Trading of Woodside Energy Group
Institutional investors have recently made changes to their positions in the stock. Morgan Stanley grew its holdings in shares of Woodside Energy Group by 32.3% in the fourth quarter. Morgan Stanley now owns 4,539,156 shares of the company's stock worth $70,765,000 after purchasing an additional 1,108,540 shares during the last quarter. UBS Group AG boosted its position in Woodside Energy Group by 381.1% during the 4th quarter. UBS Group AG now owns 1,222,912 shares of the company's stock valued at $19,065,000 after buying an additional 968,707 shares during the period. Millennium Management LLC boosted its position in Woodside Energy Group by 3,532.4% during the 4th quarter. Millennium Management LLC now owns 735,455 shares of the company's stock valued at $11,466,000 after buying an additional 715,208 shares during the period. Bank of Montreal Can bought a new stake in Woodside Energy Group in the 4th quarter worth $7,301,000. Finally, Jane Street Group LLC increased its position in shares of Woodside Energy Group by 192.8% in the fourth quarter. Jane Street Group LLC now owns 638,474 shares of the company's stock valued at $9,954,000 after acquiring an additional 420,412 shares during the period. Hedge funds and other institutional investors own 3.17% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms have weighed in on WDS. Wall Street Zen raised shares of Woodside Energy Group from a "sell" rating to a "hold" rating in a research note on Monday, January 19th. Weiss Ratings reaffirmed 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 and two have given a Hold rating to the company's stock. According to MarketBeat.com, Woodside Energy Group currently has a consensus rating of "Moderate Buy".
Read Our Latest Stock Report on WDS
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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