TotalEnergies SE (NYSE:TTE) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC raised its holdings in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 4.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,266,950 shares of the company's stock after acquiring an additional 106,347 shares during the quarter. Natixis Advisors LLC owned approximately 0.10% of TotalEnergies worth $146,490,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC grew its holdings in TotalEnergies by 6,367.4% during the 3rd quarter. International Assets Investment Management LLC now owns 367,607 shares of the company's stock valued at $23,755,000 after buying an additional 361,923 shares during the last quarter. Generate Investment Management Ltd acquired a new stake in shares of TotalEnergies during the second quarter valued at $13,306,000. Mediolanum International Funds Ltd purchased a new stake in TotalEnergies during the 3rd quarter worth about $11,504,000. Allspring Global Investments Holdings LLC raised its stake in TotalEnergies by 316.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 228,781 shares of the company's stock valued at $14,784,000 after purchasing an additional 173,810 shares during the last quarter. Finally, OLD Mission Capital LLC purchased a new position in TotalEnergies in the 1st quarter valued at about $9,738,000. 13.22% of the stock is currently owned by hedge funds and other institutional investors.

TotalEnergies Stock Up 0.6 %

Shares of NYSE TTE traded up $0.38 during trading on Friday, reaching $60.85. 2,138,451 shares of the stock were exchanged, compared to its average volume of 1,488,687. TotalEnergies SE has a twelve month low of $58.46 and a twelve month high of $74.97. The company has a market capitalization of $143.69 billion, a price-to-earnings ratio of 8.63, a price-to-earnings-growth ratio of 1.92 and a beta of 0.64. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.39. The business's 50-day moving average price is $65.47 and its 200 day moving average price is $67.89.

Wall Street Analyst Weigh In

TTE has been the topic of several research analyst reports. The Goldman Sachs Group raised shares of TotalEnergies to a "hold" rating in a research report on Thursday, October 3rd. Barclays upgraded TotalEnergies to a "strong-buy" rating in a report on Wednesday, October 2nd. Scotiabank reduced their target price on TotalEnergies from $80.00 to $75.00 and set a "sector perform" rating on the stock in a report on Thursday, October 10th. TD Cowen lowered TotalEnergies from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 30th. 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 data from MarketBeat, TotalEnergies currently has an average rating of "Moderate Buy" and a consensus 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.