Teachers Retirement System of The State of Kentucky Has $40.97 Million Stake in TotalEnergies SE (NYSE:TTE)

Teachers Retirement System of The State of Kentucky lifted its holdings in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 3.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 751,650 shares of the company's stock after acquiring an additional 26,180 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in TotalEnergies were worth $40,965,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. MML Investors Services LLC boosted its holdings in TotalEnergies by 9.1% during the fourth quarter. MML Investors Services LLC now owns 168,534 shares of the company's stock valued at $9,185,000 after purchasing an additional 14,005 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in TotalEnergies by 5.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 373,728 shares of the company's stock valued at $20,368,000 after buying an additional 20,734 shares in the last quarter. First Trust Advisors LP bought a new stake in TotalEnergies in the fourth quarter valued at $5,425,000. Forum Financial Management LP raised its stake in TotalEnergies by 35.9% during the fourth quarter. Forum Financial Management LP now owns 82,033 shares of the company's stock worth $4,471,000 after acquiring an additional 21,691 shares in the last quarter. Finally, Cadence Bank lifted its holdings in shares of TotalEnergies by 2.0% during the fourth quarter. Cadence Bank now owns 109,471 shares of the company's stock valued at $5,966,000 after acquiring an additional 2,095 shares during the period. 16.53% of the stock is currently owned by institutional investors and hedge funds.

TotalEnergies Stock Up 1.1 %

TotalEnergies stock traded up $0.62 during mid-day trading on Thursday, reaching $59.32. The company's stock had a trading volume of 945,738 shares, compared to its average volume of 1,572,181. The company has a market capitalization of $142.23 billion, a price-to-earnings ratio of 8.91, a price-to-earnings-growth ratio of 0.98 and a beta of 0.45. The business's 50 day simple moving average is $60.47 and its 200 day simple moving average is $59.91. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.88 and a current ratio of 1.10. TotalEnergies SE has a 12 month low of $52.78 and a 12 month high of $74.97.

TotalEnergies (NYSE:TTE - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $1.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.74 by $0.16. TotalEnergies had a return on equity of 15.22% and a net margin of 7.34%. As a group, research analysts anticipate that TotalEnergies SE will post 8.02 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TTE has been the subject of a number of recent analyst reports. Redburn Atlantic raised shares of TotalEnergies from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 23rd. Morgan Stanley reissued an "equal weight" rating and issued a $64.10 target price (down from $70.40) on shares of TotalEnergies in a report on Tuesday, January 7th. Scotiabank dropped their price target on TotalEnergies from $65.00 to $60.00 and set a "sector perform" rating for the company in a report on Friday, April 11th. Citigroup raised TotalEnergies from a "neutral" rating to a "buy" rating in a research note on Wednesday, March 26th. Finally, BNP Paribas upgraded TotalEnergies from a "neutral" rating to an "outperform" rating in a research note on Tuesday, April 15th. Five equities research analysts have rated the stock with a hold rating, four have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $69.42.

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.