O Brien Greene & Co. Inc Sells 133,077 Shares of TotalEnergies SE (NYSE:TTE)

O Brien Greene & Co. Inc lessened its stake in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 92.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,140 shares of the company's stock after selling 133,077 shares during the period. O Brien Greene & Co. Inc's holdings in TotalEnergies were worth $720,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in TTE. International Assets Investment Management LLC raised its stake in shares of TotalEnergies by 6,367.4% in the third quarter. International Assets Investment Management LLC now owns 367,607 shares of the company's stock worth $23,755,000 after purchasing an additional 361,923 shares during the last quarter. FMR LLC raised its stake in TotalEnergies by 2.7% during the 3rd quarter. FMR LLC now owns 12,445,228 shares of the company's stock valued at $804,211,000 after buying an additional 324,033 shares during the last quarter. DRW Securities LLC lifted its holdings in shares of TotalEnergies by 134.5% during the 3rd quarter. DRW Securities LLC now owns 64,209 shares of the company's stock valued at $4,149,000 after buying an additional 250,427 shares during the period. Generate Investment Management Ltd purchased a new position in shares of TotalEnergies in the 2nd quarter worth $13,306,000. Finally, Mediolanum International Funds Ltd bought a new stake in shares of TotalEnergies in the third quarter worth $11,504,000. Hedge funds and other institutional investors own 16.53% of the company's stock.

Analyst Upgrades and Downgrades

TTE has been the topic of several research reports. Scotiabank dropped their target price on TotalEnergies from $80.00 to $75.00 and set a "sector perform" rating on the stock in a research report on Thursday, October 10th. BNP Paribas downgraded shares of TotalEnergies from an "outperform" rating to a "neutral" rating in a report on Wednesday, November 27th. TD Cowen cut shares of TotalEnergies from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 30th. The Goldman Sachs Group raised TotalEnergies to a "hold" rating in a report on Thursday, October 3rd. Finally, Royal Bank of Canada raised TotalEnergies from a "sector perform" rating to an "outperform" rating in a research note on Thursday. Five analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, TotalEnergies currently has a consensus rating of "Moderate Buy" and a consensus target price of $78.75.

TotalEnergies Price Performance

TotalEnergies stock traded up $0.71 during midday trading on Monday, reaching $57.62. 2,206,109 shares of the stock traded hands, compared to its average volume of 1,526,723. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.39. TotalEnergies SE has a 12 month low of $56.20 and a 12 month high of $74.97. The stock's fifty day moving average is $62.69 and its 200-day moving average is $66.33. The stock has a market cap of $136.07 billion, a P/E ratio of 8.07, a PEG ratio of 1.85 and a beta of 0.61.

TotalEnergies Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.8308 per share. The ex-dividend date is Tuesday, December 31st. TotalEnergies's payout ratio is currently 36.74%.

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.