American Century Companies Inc. Has $78.67 Million Stake in TotalEnergies SE (NYSE:TTE)

American Century Companies Inc. boosted its holdings in TotalEnergies SE (NYSE:TTE - Free Report) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,443,516 shares of the company's stock after buying an additional 24,653 shares during the period. American Century Companies Inc. owned approximately 0.06% of TotalEnergies worth $78,672,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Integrated Wealth Concepts LLC boosted its holdings in TotalEnergies by 1.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 16,795 shares of the company's stock valued at $1,085,000 after purchasing an additional 169 shares during the period. Tradition Wealth Management LLC grew its position in TotalEnergies by 2.5% during the third quarter. Tradition Wealth Management LLC now owns 7,124 shares of the company's stock worth $460,000 after buying an additional 171 shares in the last quarter. Apollon Wealth Management LLC increased its stake in TotalEnergies by 4.1% during the fourth quarter. Apollon Wealth Management LLC now owns 4,448 shares of the company's stock valued at $242,000 after acquiring an additional 174 shares during the period. Continuum Advisory LLC raised its holdings in TotalEnergies by 70.4% in the 3rd quarter. Continuum Advisory LLC now owns 443 shares of the company's stock valued at $27,000 after acquiring an additional 183 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its position in shares of TotalEnergies by 9.1% in the 4th quarter. First Horizon Advisors Inc. now owns 2,217 shares of the company's stock worth $121,000 after acquiring an additional 184 shares during the period. 16.53% of the stock is currently owned by institutional investors and hedge funds.

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TotalEnergies Price Performance

NYSE:TTE traded down $0.91 during mid-day trading on Friday, reaching $64.27. 1,421,229 shares of the company were exchanged, compared to its average volume of 1,531,334. 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 stock has a market cap of $154.11 billion, a PE ratio of 9.65, a PEG ratio of 0.98 and a beta of 0.56. TotalEnergies SE has a 12 month low of $53.29 and a 12 month high of $74.97. The company has a fifty day moving average of $60.87 and a 200 day moving average of $61.15.

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

Analysts Set New Price Targets

Several brokerages recently commented on TTE. Piper Sandler reduced their target price on TotalEnergies from $77.00 to $62.00 and set a "neutral" rating for the company in a research report on Thursday, December 19th. Citigroup raised shares of TotalEnergies from a "neutral" rating to a "buy" rating in a research report on Wednesday. Morgan Stanley reaffirmed an "equal weight" rating and set a $64.10 price objective (down from $70.40) on shares of TotalEnergies in a report on Tuesday, January 7th. Redburn Atlantic raised TotalEnergies from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 23rd. Finally, Royal Bank of Canada upgraded TotalEnergies from a "sector perform" rating to an "outperform" rating in a research note on Thursday, December 5th. Six 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 company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $72.42.

TotalEnergies Profile

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.