94,919 Shares in Woodside Energy Group Ltd $WDS Bought by McAlvany Wealth Management LLC

McAlvany Wealth Management LLC acquired a new position in Woodside Energy Group Ltd (NYSE:WDS) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 94,919 shares of the company’s stock, valued at approximately $1,480,000. Woodside Energy Group accounts for 1.1% of McAlvany Wealth Management LLC’s portfolio, making the stock its 26th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new position in shares of Woodside Energy Group in the 1st quarter worth about $279,000. Jane Street Group LLC grew its position in shares of Woodside Energy Group by 648.0% during the 1st quarter. Jane Street Group LLC now owns 383,379 shares of the company’s stock valued at $5,555,000 after buying an additional 332,125 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of 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 buying an additional 1,102 shares during the last quarter. Cetera Investment Advisers grew its position in shares of Woodside Energy Group by 4.4% during the 2nd quarter. Cetera Investment Advisers now owns 42,025 shares of the company’s stock valued at $648,000 after buying an additional 1,756 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Woodside Energy Group by 103.3% during the second quarter. JPMorgan Chase & Co. now owns 66,840 shares of the company’s stock worth $1,031,000 after acquiring an additional 33,956 shares during the period. Institutional investors own 3.17% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Woodside Energy Group in a report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.

Insider Activity

In other news, insider Mark Anthony Abbotsford sold 7,500 shares of the business’s stock in a transaction 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 completion of the transaction, the insider owned 24,467 shares of the company’s stock, valued at approximately $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 SEC, which can be accessed through the SEC website. Company insiders own 0.04% of the company’s stock.

Woodside Energy Group Price Performance

Shares of WDS opened at $20.02 on Friday. Woodside Energy Group Ltd has a 12 month low of $14.27 and a 12 month high of $25.19. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.46 and a current ratio of 1.59. The stock has a fifty day moving average price of $22.42 and a 200 day moving average price of $20.06.

Woodside Energy Group Company Profile

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.