TotalEnergies SE (NYSE:TTE) Shares Acquired by Pacer Advisors Inc.

Pacer Advisors Inc. lifted its position in TotalEnergies SE (NYSE:TTE - Free Report) by 3.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 588,079 shares of the company's stock after purchasing an additional 19,214 shares during the quarter. Pacer Advisors Inc.'s holdings in TotalEnergies were worth $38,002,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Mather Group LLC. increased its position in shares of TotalEnergies by 12.4% in the third quarter. Mather Group LLC. now owns 1,312 shares of the company's stock valued at $85,000 after buying an additional 145 shares in the last quarter. Hexagon Capital Partners LLC boosted its stake in shares of TotalEnergies by 5.1% in the second quarter. Hexagon Capital Partners LLC now owns 3,406 shares of the company's stock worth $227,000 after acquiring an additional 164 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in shares of TotalEnergies by 0.6% in the third quarter. Venturi Wealth Management LLC now owns 27,751 shares of the company's stock worth $1,793,000 after acquiring an additional 165 shares during the last quarter. Lake Street Advisors Group LLC boosted its stake in shares of TotalEnergies by 2.2% in the third quarter. Lake Street Advisors Group LLC now owns 8,595 shares of the company's stock worth $563,000 after acquiring an additional 181 shares during the last quarter. Finally, Opal Wealth Advisors LLC boosted its stake in shares of TotalEnergies by 17.0% in the second quarter. Opal Wealth Advisors LLC now owns 1,285 shares of the company's stock worth $86,000 after acquiring an additional 187 shares during the last quarter. 13.22% of the stock is currently owned by hedge funds and other institutional investors.

TotalEnergies Stock Down 0.6 %

NYSE TTE traded down $0.37 during trading hours on Friday, hitting $59.66. 2,416,330 shares of the company were exchanged, compared to its average volume of 2,104,112. The company has a 50 day moving average of $64.82 and a two-hundred day moving average of $67.50. 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 52-week low of $58.46 and a 52-week high of $74.97. The firm has a market cap of $140.88 billion, a price-to-earnings ratio of 8.46, a PEG ratio of 1.94 and a beta of 0.64.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TTE. Scotiabank lowered their price target on TotalEnergies from $80.00 to $75.00 and set a "sector perform" rating on the stock in a research note on Thursday, October 10th. The Goldman Sachs Group upgraded TotalEnergies to a "hold" rating in a research report on Thursday, October 3rd. Barclays upgraded TotalEnergies to a "strong-buy" rating in a research report on Wednesday, October 2nd. TD Cowen downgraded TotalEnergies from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 30th. Finally, UBS Group upgraded TotalEnergies to a "strong-buy" rating in a report on Wednesday, October 9th. Five 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 MarketBeat.com, TotalEnergies currently has a consensus rating of "Moderate Buy" and an average price target of $78.75.

About TotalEnergies

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.