Guardian Partners Inc. Invests $7.22 Million in TotalEnergies SE (NYSE:TTE)

Guardian Partners Inc. bought a new position in shares of TotalEnergies SE (NYSE:TTE - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 127,203 shares of the company's stock, valued at approximately $7,224,000.

Other large investors also recently bought and sold shares of the company. Clear Creek Financial Management LLC purchased a new stake in shares of TotalEnergies in the 4th quarter worth about $345,000. Logan Capital Management Inc. raised its position in TotalEnergies by 22.8% during the third quarter. Logan Capital Management Inc. now owns 71,757 shares of the company's stock worth $4,637,000 after acquiring an additional 13,331 shares during the last quarter. FMR LLC lifted its holdings in shares of TotalEnergies by 2.7% in the third quarter. FMR LLC now owns 12,445,228 shares of the company's stock valued at $804,211,000 after purchasing an additional 324,033 shares in the last quarter. CWA Asset Management Group LLC increased its stake in shares of TotalEnergies by 85.1% during the 4th quarter. CWA Asset Management Group LLC now owns 23,571 shares of the company's stock worth $1,285,000 after purchasing an additional 10,835 shares in the last quarter. Finally, Barclays PLC increased its stake in shares of TotalEnergies by 266.5% during the 3rd quarter. Barclays PLC now owns 674,154 shares of the company's stock worth $43,564,000 after purchasing an additional 490,187 shares in the last quarter. Institutional investors and hedge funds own 16.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on TTE shares. Citigroup upgraded TotalEnergies from a "neutral" rating to a "buy" rating in a report on Wednesday. Royal Bank of Canada raised TotalEnergies from a "sector perform" rating to an "outperform" rating in a research note on Thursday, December 5th. BNP Paribas downgraded shares of TotalEnergies from an "outperform" rating to a "neutral" rating in a research note on Wednesday, November 27th. Redburn Atlantic raised shares of TotalEnergies from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 23rd. Finally, Piper Sandler cut their price objective on shares of TotalEnergies from $77.00 to $62.00 and set a "neutral" rating for the company in a research report on Thursday, December 19th. Six analysts have rated the stock with a hold rating, three have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $72.42.

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TotalEnergies Trading Up 0.5 %

Shares of NYSE TTE traded up $0.32 on Thursday, reaching $65.19. 1,651,275 shares of the company traded hands, compared to its average volume of 1,517,888. The stock has a market capitalization of $156.31 billion, a PE ratio of 9.79, a P/E/G ratio of 0.98 and a beta of 0.56. TotalEnergies SE has a fifty-two week low of $53.29 and a fifty-two week high of $74.97. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.36. The company has a 50 day moving average of $60.87 and a 200 day moving average of $61.15.

TotalEnergies (NYSE:TTE - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $1.90 EPS for the quarter, topping the consensus estimate of $1.74 by $0.16. TotalEnergies had a net margin of 7.34% and a return on equity of 15.22%. On average, equities research analysts forecast that TotalEnergies SE will post 8.02 earnings per share for the current fiscal year.

About TotalEnergies

TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services.