5,096 Shares in TotalEnergies SE (NYSE:TTE) Purchased by Haven Private LLC

Haven Private LLC purchased a new stake in TotalEnergies SE (NYSE:TTE - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,096 shares of the company's stock, valued at approximately $278,000.

Other large investors have also recently bought and sold shares of the company. Clear Creek Financial Management LLC bought a new stake in shares of TotalEnergies during the fourth quarter worth $345,000. CWA Asset Management Group LLC bought a new stake in shares of TotalEnergies during the third quarter worth $823,000. Crossmark Global Holdings Inc. grew its holdings in shares of TotalEnergies by 48.3% during the third quarter. Crossmark Global Holdings Inc. now owns 167,364 shares of the company's stock worth $10,815,000 after purchasing an additional 54,478 shares during the last quarter. Logan Capital Management Inc. lifted its stake in shares of TotalEnergies by 22.8% during the third quarter. Logan Capital Management Inc. now owns 71,757 shares of the company's stock valued at $4,637,000 after acquiring an additional 13,331 shares during the period. Finally, FMR LLC lifted its stake in shares of TotalEnergies by 2.7% during the third quarter. FMR LLC now owns 12,445,228 shares of the company's stock valued at $804,211,000 after acquiring an additional 324,033 shares during the period. 16.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on TTE. Piper Sandler cut their price target on TotalEnergies from $77.00 to $62.00 and set a "neutral" rating on the stock in a research note on Thursday, December 19th. BNP Paribas lowered TotalEnergies from an "outperform" rating to a "neutral" rating in a research note on Wednesday, November 27th. Morgan Stanley reaffirmed an "equal weight" rating and set a $64.10 price target (down previously from $70.40) on shares of TotalEnergies in a research note on Tuesday, January 7th. Redburn Atlantic raised TotalEnergies from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada raised TotalEnergies from a "sector perform" rating to an "outperform" rating in a research note on Thursday, December 5th. Six investment analysts have rated the stock with a hold rating, two have issued a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, TotalEnergies has a consensus rating of "Moderate Buy" and a consensus target price of $72.42.

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TotalEnergies Trading Up 0.9 %

NYSE:TTE traded up $0.58 during mid-day trading on Friday, hitting $61.36. The company had a trading volume of 2,835,004 shares, compared to its average volume of 1,514,955. TotalEnergies SE has a fifty-two week low of $53.29 and a fifty-two week high of $74.97. The business's fifty day moving average is $58.99 and its two-hundred day moving average is $61.64. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.88 and a current ratio of 1.10. The firm has a market cap of $147.11 billion, a P/E ratio of 9.21, a P/E/G ratio of 0.98 and a beta of 0.56.

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

TotalEnergies Company Profile

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.