Natixis Advisors LLC Has $100.38 Million Stock Position in TotalEnergies SE (NYSE:TTE)

Natixis Advisors LLC decreased its holdings in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 18.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,841,871 shares of the company's stock after selling 425,079 shares during the quarter. Natixis Advisors LLC owned 0.08% of TotalEnergies worth $100,382,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in TTE. Aptus Capital Advisors LLC lifted its stake in shares of TotalEnergies by 18.4% in the 3rd quarter. Aptus Capital Advisors LLC now owns 9,366 shares of the company's stock valued at $605,000 after acquiring an additional 1,455 shares during the last quarter. Empowered Funds LLC raised its position in TotalEnergies by 2.8% in the third quarter. Empowered Funds LLC now owns 40,321 shares of the company's stock valued at $2,606,000 after purchasing an additional 1,107 shares during the last quarter. Atlanta Consulting Group Advisors LLC acquired a new stake in shares of TotalEnergies during the third quarter valued at about $880,000. Thrivent Financial for Lutherans bought a new stake in shares of TotalEnergies during the third quarter worth about $212,000. Finally, Equity Investment Corp grew its holdings in shares of TotalEnergies by 2.3% during the third quarter. Equity Investment Corp now owns 1,862,312 shares of the company's stock worth $120,343,000 after purchasing an additional 41,564 shares during the last quarter. Institutional investors own 16.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on TTE shares. Royal Bank of Canada upgraded shares of TotalEnergies from a "sector perform" rating to an "outperform" rating in a report on Thursday, December 5th. Redburn Atlantic raised shares of TotalEnergies from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 23rd. 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 research note on Tuesday, January 7th. BNP Paribas lowered TotalEnergies from an "outperform" rating to a "neutral" rating in a research report on Wednesday, November 27th. Finally, Piper Sandler cut 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 equities research analysts have rated the stock with a hold rating, two have given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, TotalEnergies has an average rating of "Moderate Buy" and a consensus target price of $72.42.

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TotalEnergies Trading Down 0.4 %

TTE stock traded down $0.24 during midday trading on Thursday, hitting $64.02. The stock had a trading volume of 1,047,739 shares, compared to its average volume of 1,659,089. 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 business has a fifty day moving average price of $60.08 and a two-hundred day moving average price of $61.24. TotalEnergies SE has a 1-year low of $53.29 and a 1-year high of $74.97. The firm has a market cap of $153.49 billion, a P/E ratio of 9.61, a price-to-earnings-growth ratio of 0.98 and a beta of 0.56.

TotalEnergies (NYSE:TTE - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $1.90 EPS for the quarter, beating 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%. On average, sell-side analysts predict that TotalEnergies SE will post 8.02 earnings per share for the current fiscal 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.