Todd Asset Management LLC raised its holdings in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,178,840 shares of the company's stock after purchasing an additional 13,503 shares during the period. TotalEnergies accounts for 1.5% of Todd Asset Management LLC's portfolio, making the stock its 8th largest position. Todd Asset Management LLC's holdings in TotalEnergies were worth $64,247,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in the business. FSA Wealth Management LLC bought a new position in TotalEnergies during the 3rd quarter valued at approximately $26,000. Continuum Advisory LLC grew its stake in shares of TotalEnergies by 70.4% in the third quarter. Continuum Advisory LLC now owns 443 shares of the company's stock worth $27,000 after acquiring an additional 183 shares during the last quarter. Asset Planning Inc bought a new position in shares of TotalEnergies during the fourth quarter valued at $31,000. HHM Wealth Advisors LLC raised its position in shares of TotalEnergies by 156.3% in the 4th quarter. HHM Wealth Advisors LLC now owns 656 shares of the company's stock worth $36,000 after purchasing an additional 400 shares during the last quarter. Finally, Versant Capital Management Inc purchased a new position in shares of TotalEnergies in the 4th quarter worth about $45,000. 16.53% of the stock is currently owned by hedge funds and other institutional investors.
TotalEnergies Stock Performance
Shares of NYSE TTE traded up $0.12 during midday trading on Friday, hitting $60.17. 907,410 shares of the stock traded hands, compared to its average volume of 1,643,126. The firm has a market capitalization of $142.09 billion, a P/E ratio of 9.03, a PEG ratio of 0.98 and a beta of 0.61. TotalEnergies SE has a one year low of $53.29 and a one year high of $74.97. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.88 and a current ratio of 1.10. The firm has a 50-day moving average of $58.25 and a two-hundred day moving average of $62.00.
TotalEnergies (NYSE:TTE - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $1.90 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%. On average, equities analysts forecast that TotalEnergies SE will post 8.02 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on TTE. Redburn Atlantic upgraded shares of TotalEnergies from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 23rd. Piper Sandler reduced their price target on shares of TotalEnergies from $77.00 to $62.00 and set a "neutral" rating for the company in a research report on Thursday, December 19th. Morgan Stanley reaffirmed an "equal weight" rating and issued a $64.10 price objective (down from $70.40) on shares of TotalEnergies in a research report on Tuesday, January 7th. Royal Bank of Canada raised TotalEnergies from a "sector perform" rating to an "outperform" rating in a report on Thursday, December 5th. Finally, BNP Paribas cut TotalEnergies from an "outperform" rating to a "neutral" rating in a research note on Wednesday, November 27th. Six research analysts have rated the stock with a hold rating, two have assigned a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $72.42.
Check Out Our Latest Research Report on TTE
About TotalEnergies
(
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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