Quantinno Capital Management LP grew its holdings in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 28.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,346 shares of the company's stock after buying an additional 16,188 shares during the quarter. Quantinno Capital Management LP's holdings in TotalEnergies were worth $4,675,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC raised 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 period. FMR LLC boosted its stake in shares of TotalEnergies by 2.7% during the third quarter. FMR LLC now owns 12,445,228 shares of the company's stock valued at $804,211,000 after purchasing an additional 324,033 shares during the period. DRW Securities LLC increased its stake in TotalEnergies by 134.5% in the 3rd quarter. DRW Securities LLC now owns 64,209 shares of the company's stock worth $4,149,000 after buying an additional 250,427 shares during the period. Generate Investment Management Ltd bought a new position in TotalEnergies in the 2nd quarter worth about $13,306,000. Finally, Mediolanum International Funds Ltd purchased a new position in shares of TotalEnergies during the third quarter worth approximately $11,504,000. Institutional investors own 13.22% of the company's stock.
TotalEnergies Stock Performance
TotalEnergies stock traded down $0.54 during mid-day trading on Friday, reaching $56.91. 2,033,100 shares of the company traded hands, compared to its average volume of 2,162,358. TotalEnergies SE has a fifty-two week low of $56.20 and a fifty-two week high of $74.97. The firm's fifty day moving average is $62.69 and its two-hundred day moving average is $66.36. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.10 and a quick ratio of 0.88. The company has a market capitalization of $134.39 billion, a price-to-earnings ratio of 8.07, a price-to-earnings-growth ratio of 1.84 and a beta of 0.61.
TotalEnergies Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, January 21st. Stockholders of record on Tuesday, December 31st will be issued a $0.8308 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. TotalEnergies's dividend payout ratio is presently 36.74%.
Analyst Upgrades and Downgrades
TTE has been the topic of several research analyst reports. The Goldman Sachs Group raised TotalEnergies to a "hold" rating in a research note on Thursday, October 3rd. BNP Paribas lowered shares of TotalEnergies from an "outperform" rating to a "neutral" rating in a research note on Wednesday, November 27th. Barclays upgraded shares of TotalEnergies to a "strong-buy" rating in a research note on Wednesday, October 2nd. UBS Group raised shares of TotalEnergies to a "strong-buy" rating in a research note on Wednesday, October 9th. Finally, Scotiabank cut their price target on TotalEnergies from $80.00 to $75.00 and set a "sector perform" rating on the stock in a report on Thursday, October 10th. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $78.75.
Get Our Latest Stock Analysis on TotalEnergies
TotalEnergies Profile
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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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