McAlvany Wealth Management LLC Acquires Shares of 94,919 Woodside Energy Group Ltd $WDS

McAlvany Wealth Management LLC bought a new stake in shares of Woodside Energy Group Ltd (NYSE:WDS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 94,919 shares of the company’s stock, valued at approximately $1,480,000. Woodside Energy Group makes up about 1.1% of McAlvany Wealth Management LLC’s portfolio, making the stock its 26th largest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Arax Advisory Partners boosted its holdings in 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 purchasing an additional 1,195 shares during the last quarter. EFG International AG purchased a new stake in Woodside Energy Group during the 4th quarter worth approximately $32,000. Geneos Wealth Management Inc. increased its holdings 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 worth $30,000 after purchasing an additional 1,102 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Woodside Energy Group in the 4th quarter valued at approximately $35,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Woodside Energy Group by 38.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,317 shares of the company’s stock valued at $36,000 after purchasing an additional 646 shares in the last quarter. 3.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Woodside Energy Group in a research note on Monday, June 8th. One 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, Woodside Energy Group currently has a consensus rating of “Buy”.

Woodside Energy Group Stock Performance

Shares of Woodside Energy Group stock opened at $20.02 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.46 and a current ratio of 1.59. Woodside Energy Group Ltd has a 1 year low of $14.27 and a 1 year high of $25.19. The firm’s 50-day simple moving average is $22.42 and its 200-day simple moving average is $20.06.

Insider Buying and Selling

In related news, insider Mark Anthony Abbotsford sold 7,500 shares of the business’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $24.06, for a total value of $180,450.00. Following the completion of the sale, the insider directly owned 24,467 shares of the company’s stock, valued at $588,676.02. The trade was a 23.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.04% of the company’s stock.

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.