O Shaughnessy Asset Management LLC lowered its position in TotalEnergies SE (NYSE:TTE - Free Report) by 13.1% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 144,549 shares of the company's stock after selling 21,832 shares during the period. O Shaughnessy Asset Management LLC's holdings in TotalEnergies were worth $7,878,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in TotalEnergies during the fourth quarter worth approximately $156,044,000. Franklin Resources Inc. raised its holdings in shares of TotalEnergies by 62.7% during the 3rd quarter. Franklin Resources Inc. now owns 4,012,961 shares of the company's stock worth $273,323,000 after acquiring an additional 1,546,866 shares during the period. Barclays PLC raised its holdings in shares of TotalEnergies by 266.5% during the 3rd quarter. Barclays PLC now owns 674,154 shares of the company's stock worth $43,564,000 after acquiring an additional 490,187 shares during the period. Equity Investment Corp boosted its position in shares of TotalEnergies by 10.5% during the 4th quarter. Equity Investment Corp now owns 2,058,589 shares of the company's stock valued at $112,193,000 after acquiring an additional 196,277 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in shares of TotalEnergies by 14.9% in the fourth quarter. LPL Financial LLC now owns 1,164,972 shares of the company's stock valued at $63,491,000 after purchasing an additional 151,336 shares during the period. Institutional investors and hedge funds own 16.53% of the company's stock.
TotalEnergies Trading Down 3.7 %
NYSE TTE traded down $2.36 during trading on Thursday, hitting $62.04. The stock had a trading volume of 2,367,895 shares, compared to its average volume of 1,534,012. 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 capitalization of $148.74 billion, a PE ratio of 9.31, a PEG ratio of 0.98 and a beta of 0.56. The firm has a 50 day moving average price of $61.37 and a 200 day moving average price of $61.05. TotalEnergies SE has a twelve month low of $53.29 and a twelve month high of $74.97.
TotalEnergies (NYSE:TTE - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $1.90 earnings per share for the quarter, beating 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 forecast that TotalEnergies SE will post 8.02 earnings per share for the current year.
Analyst Ratings Changes
Several research firms have weighed in on TTE. Citigroup upgraded shares of TotalEnergies from a "neutral" rating to a "buy" rating in a report on Wednesday, March 26th. Redburn Atlantic upgraded TotalEnergies from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 23rd. Royal Bank of Canada raised TotalEnergies from a "sector perform" rating to an "outperform" rating in a research note on Thursday, December 5th. Morgan Stanley reaffirmed an "equal weight" rating and issued a $64.10 price target (down previously from $70.40) on shares of TotalEnergies in a research note on Tuesday, January 7th. Finally, Piper Sandler lowered their price target on TotalEnergies from $77.00 to $62.00 and set a "neutral" rating for the company in a report on Thursday, December 19th. Six equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, TotalEnergies currently has a consensus rating of "Moderate Buy" and a consensus target price of $72.42.
Check Out Our Latest Stock Report on TotalEnergies
TotalEnergies Company Profile
(
Free Report)
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.
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