Assetmark Inc. Has $9.81 Million Holdings in TotalEnergies SE (NYSE:TTE)

Assetmark Inc. boosted its position in TotalEnergies SE (NYSE:TTE - Free Report) by 11.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 151,826 shares of the company's stock after purchasing an additional 15,336 shares during the period. Assetmark Inc.'s holdings in TotalEnergies were worth $9,811,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Larson Financial Group LLC raised its holdings in TotalEnergies by 100.5% in the 2nd quarter. Larson Financial Group LLC now owns 423 shares of the company's stock valued at $28,000 after acquiring an additional 212 shares during the period. Pathway Financial Advisers LLC bought a new position in TotalEnergies in the 1st quarter valued at about $29,000. Boit C F David bought a new position in shares of TotalEnergies during the third quarter worth approximately $32,000. Maryland Capital Advisors Inc. bought a new position in shares of TotalEnergies during the third quarter worth approximately $32,000. Finally, Eastern Bank bought a new position in shares of TotalEnergies during the third quarter worth approximately $32,000. 13.22% of the stock is currently owned by institutional investors and hedge funds.

TotalEnergies Price Performance

TotalEnergies stock traded down $0.15 during mid-day trading on Monday, reaching $61.08. The company had a trading volume of 1,587,433 shares, compared to its average volume of 1,453,071. TotalEnergies SE has a fifty-two week low of $60.64 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 0.39. The company has a market cap of $144.24 billion, a P/E ratio of 8.69, a P/E/G ratio of 1.97 and a beta of 0.64. The business has a fifty day simple moving average of $66.14 and a 200 day simple moving average of $68.29.

Wall Street Analyst Weigh In

TTE has been the topic of several recent research reports. Barclays raised shares of TotalEnergies to a "strong-buy" rating in a report on Wednesday, October 2nd. TD Cowen cut shares of TotalEnergies from a "strong-buy" rating to a "hold" rating in a report on Monday, September 30th. The Goldman Sachs Group upgraded shares of TotalEnergies to a "hold" rating in a research report on Thursday, October 3rd. Wolfe Research initiated coverage on shares of TotalEnergies in a research report on Thursday, July 18th. They set an "outperform" rating and a $87.00 price target on the stock. Finally, UBS Group upgraded shares of TotalEnergies to a "strong-buy" rating in a research report on Wednesday, October 9th. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, TotalEnergies presently has an average rating of "Moderate Buy" and an average target price of $78.75.

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.