TotalEnergies SE (NYSE:TTE) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC raised its stake in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 749,783 shares of the company's stock after purchasing an additional 12,125 shares during the quarter. HighTower Advisors LLC's holdings in TotalEnergies were worth $40,863,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FSA Wealth Management LLC purchased a new stake in TotalEnergies in the third quarter worth $26,000. Continuum Advisory LLC increased its stake in TotalEnergies by 70.4% during the 3rd quarter. Continuum Advisory LLC now owns 443 shares of the company's stock valued at $27,000 after purchasing an additional 183 shares in the last quarter. Asset Planning Inc bought a new stake in shares of TotalEnergies during the fourth quarter valued at approximately $31,000. HHM Wealth Advisors LLC raised its stake in shares of TotalEnergies by 156.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 656 shares of the company's stock worth $36,000 after purchasing an additional 400 shares during the last quarter. Finally, Versant Capital Management Inc bought a new position in TotalEnergies during the 4th quarter valued at about $45,000. 16.53% of the stock is currently owned by hedge funds and other institutional investors.

TotalEnergies Trading Up 0.2 %

TTE traded up $0.10 on Monday, reaching $62.81. 1,367,546 shares of the company traded hands, compared to its average volume of 1,679,121. 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 company has a market cap of $150.59 billion, a P/E ratio of 9.43, a price-to-earnings-growth ratio of 0.98 and a beta of 0.56. The firm has a fifty day simple moving average of $59.69 and a two-hundred day simple moving average of $61.31. TotalEnergies SE has a one year low of $53.29 and a one year high of $74.97.

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Morgan Stanley reissued an "equal weight" rating and issued a $64.10 price objective (down previously 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 note on Thursday, January 23rd. BNP Paribas downgraded shares of TotalEnergies from an "outperform" rating to a "neutral" rating in a report on Wednesday, November 27th. Royal Bank of Canada raised shares of TotalEnergies from a "sector perform" rating to an "outperform" rating in a report on Thursday, December 5th. Finally, Piper Sandler reduced their target price on TotalEnergies from $77.00 to $62.00 and set a "neutral" rating on the stock in a report on Thursday, December 19th. Six investment analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, TotalEnergies has an average rating of "Moderate Buy" and a consensus target price 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.