TotalEnergies SE (NYSE:TTE) Shares Purchased by Americana Partners LLC

Americana Partners LLC increased its stake in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 1,164.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 85,694 shares of the company's stock after purchasing an additional 78,918 shares during the quarter. Americana Partners LLC's holdings in TotalEnergies were worth $4,670,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. FMR LLC lifted its holdings in shares of TotalEnergies by 2.7% in the 3rd quarter. FMR LLC now owns 12,445,228 shares of the company's stock worth $804,211,000 after buying an additional 324,033 shares during the period. Franklin Resources Inc. raised its stake 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 & Associates raised its stake in TotalEnergies by 0.6% in the third quarter. Raymond James & Associates now owns 2,320,091 shares of the company's stock valued at $149,924,000 after buying an additional 13,022 shares during the last quarter. Natixis Advisors LLC increased its holdings in shares of TotalEnergies by 4.9% in the third quarter. Natixis Advisors LLC now owns 2,266,950 shares of the company's stock valued at $146,490,000 after purchasing an additional 106,347 shares during the period. Finally, Equity Investment Corp increased its holdings in shares of TotalEnergies by 2.3% in the third quarter. Equity Investment Corp now owns 1,862,312 shares of the company's stock valued at $120,343,000 after purchasing an additional 41,564 shares during the period. Institutional investors own 16.53% of the company's stock.

TotalEnergies Trading Down 1.5 %

Shares of NYSE TTE traded down $0.95 on Wednesday, reaching $60.86. 710,490 shares of the company traded hands, compared to its average volume of 1,753,470. TotalEnergies SE has a fifty-two week low of $53.29 and a fifty-two week high of $74.97. The company has a 50 day moving average of $57.44 and a 200 day moving average of $62.21. 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 stock has a market capitalization of $143.72 billion, a PE ratio of 9.14, a P/E/G ratio of 0.98 and a beta of 0.61.

TotalEnergies (NYSE:TTE - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $1.90 earnings per share (EPS) for the quarter, beating 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.

TotalEnergies Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 21st. Investors of record on Tuesday, December 31st were paid a dividend of $0.8308 per share. The ex-dividend date of this dividend was Tuesday, December 31st. TotalEnergies's dividend payout ratio (DPR) is presently 36.04%.

Wall Street Analyst Weigh In

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

TotalEnergies 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.