Crossmark Global Holdings Inc. Purchases 54,478 Shares of TotalEnergies SE (NYSE:TTE)

Crossmark Global Holdings Inc. grew its holdings in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 48.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 167,364 shares of the company's stock after purchasing an additional 54,478 shares during the period. Crossmark Global Holdings Inc.'s holdings in TotalEnergies were worth $10,815,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of TTE. Larson Financial Group LLC raised its position in shares of TotalEnergies by 100.5% during the 2nd quarter. Larson Financial Group LLC now owns 423 shares of the company's stock valued at $28,000 after buying an additional 212 shares during the period. Pathway Financial Advisers LLC acquired a new position in shares of TotalEnergies in the first quarter worth $29,000. Boit C F David acquired a new position in shares of TotalEnergies during the third quarter worth $32,000. Maryland Capital Advisors Inc. acquired a new position in shares of TotalEnergies during the third quarter worth $32,000. Finally, Eastern Bank acquired a new position in shares of TotalEnergies during the third quarter worth $32,000. Hedge funds and other institutional investors own 13.22% of the company's stock.

TotalEnergies Stock Down 0.2 %

Shares of TTE stock traded down $0.15 on Monday, hitting $61.08. The company's stock had a trading volume of 1,587,429 shares, compared to its average volume of 1,453,071. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.10 and a quick ratio of 0.88. TotalEnergies SE has a fifty-two week low of $60.64 and a fifty-two week high of $74.97. The firm's fifty day moving average price is $65.98 and its 200-day moving average price is $68.20. The stock has a market capitalization of $144.24 billion, a price-to-earnings ratio of 8.66, a P/E/G ratio of 1.97 and a beta of 0.64.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TTE. Wolfe Research began coverage on TotalEnergies in a research report on Thursday, July 18th. They set an "outperform" rating and a $87.00 target price on the stock. Scotiabank lowered their price target on TotalEnergies from $80.00 to $75.00 and set a "sector perform" rating on the stock in a report on Thursday, October 10th. Barclays upgraded TotalEnergies to a "strong-buy" rating in a report on Wednesday, October 2nd. The Goldman Sachs Group upgraded TotalEnergies to a "hold" rating in a report on Thursday, October 3rd. Finally, UBS Group raised TotalEnergies to a "strong-buy" rating in a research note on Wednesday, October 9th. Five equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, TotalEnergies presently has a consensus rating of "Moderate Buy" and an average target price of $78.75.

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.