GWN Securities Inc. Invests $288,000 in TotalEnergies SE (NYSE:TTE)

GWN Securities Inc. acquired a new position in shares of TotalEnergies SE (NYSE:TTE - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,905 shares of the company's stock, valued at approximately $288,000.

A number of other institutional investors also recently bought and sold shares of TTE. FMR LLC lifted its stake in shares of TotalEnergies by 2.7% in the 3rd 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 during the last quarter. Franklin Resources Inc. lifted its position in TotalEnergies by 62.7% in the third quarter. Franklin Resources Inc. now owns 4,012,961 shares of the company's stock valued at $273,323,000 after buying an additional 1,546,866 shares during the last quarter. Raymond James Financial Inc. purchased a new position in TotalEnergies during the fourth quarter worth about $156,044,000. Equity Investment Corp increased its position in shares of TotalEnergies by 10.5% during the fourth quarter. Equity Investment Corp now owns 2,058,589 shares of the company's stock valued at $112,193,000 after acquiring an additional 196,277 shares during the last quarter. Finally, Todd Asset Management LLC raised its stake in shares of TotalEnergies by 1.2% in the 4th quarter. Todd Asset Management LLC now owns 1,178,840 shares of the company's stock valued at $64,247,000 after acquiring an additional 13,503 shares during the period. 16.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. BNP Paribas cut shares of TotalEnergies from an "outperform" rating to a "neutral" rating in a research report on Wednesday, November 27th. Morgan Stanley restated an "equal weight" rating and set a $64.10 price target (down from $70.40) on shares of TotalEnergies in a research report on Tuesday, January 7th. Royal Bank of Canada raised TotalEnergies from a "sector perform" rating to an "outperform" rating in a research note on Thursday, December 5th. Piper Sandler decreased their target price on TotalEnergies from $77.00 to $62.00 and set a "neutral" rating on the stock in a research note on Thursday, December 19th. Finally, Redburn Atlantic raised TotalEnergies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 23rd. Six analysts have rated the stock with a hold rating, two have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $72.42.

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TotalEnergies Stock Down 1.0 %

NYSE TTE traded down $0.67 during trading hours on Friday, hitting $63.39. 1,649,752 shares of the company were exchanged, compared to its average volume of 1,514,611. The company has a 50 day moving average of $60.23 and a two-hundred day moving average of $61.26. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.36. The firm has a market cap of $151.99 billion, a price-to-earnings ratio of 9.52, a PEG ratio of 0.98 and a beta of 0.56. TotalEnergies SE has a 52-week low of $53.29 and a 52-week high of $74.97.

TotalEnergies (NYSE:TTE - Get Free Report) last posted 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%. Equities research analysts anticipate that TotalEnergies SE will post 8.02 earnings per share for the current 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.