Stratos Wealth Partners LTD. increased its stake in TotalEnergies SE (NYSE:TTE - Free Report) by 109.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,575 shares of the company's stock after buying an additional 7,084 shares during the period. Stratos Wealth Partners LTD.'s holdings in TotalEnergies were worth $740,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Mather Group LLC. raised its holdings 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 acquiring an additional 145 shares in the last quarter. Venturi Wealth Management LLC increased its position in TotalEnergies by 0.6% during the 3rd quarter. Venturi Wealth Management LLC now owns 27,751 shares of the company's stock valued at $1,793,000 after purchasing an additional 165 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of 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 in the last quarter. Tradition Wealth Management LLC lifted its position in shares of TotalEnergies by 2.5% in the 3rd quarter. Tradition Wealth Management LLC now owns 7,124 shares of the company's stock worth $460,000 after purchasing an additional 171 shares during the period. Finally, Lake Street Advisors Group LLC boosted its stake in shares of TotalEnergies by 2.2% during the third quarter. Lake Street Advisors Group LLC now owns 8,595 shares of the company's stock valued at $563,000 after purchasing an additional 181 shares in the last quarter. Institutional investors own 16.53% of the company's stock.
TotalEnergies Stock Up 0.6 %
Shares of TTE stock traded up $0.34 during trading hours on Friday, reaching $61.40. 1,030,006 shares of the company's stock were exchanged, compared to its average volume of 1,803,210. TotalEnergies SE has a 1 year low of $53.29 and a 1 year high of $74.97. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.36. The stock has a market cap of $144.99 billion, a PE ratio of 9.22, a PEG ratio of 2.12 and a beta of 0.61. The stock's fifty day moving average price is $57.27 and its two-hundred day moving average price is $62.36.
TotalEnergies (NYSE:TTE - Get Free Report) last released its earnings results 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%. Research analysts predict that TotalEnergies SE will post 7.92 EPS for the current year.
TotalEnergies Cuts Dividend
The company also recently announced a dividend, which was paid on Tuesday, January 21st. Investors of record on Tuesday, December 31st were given a $0.8308 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. TotalEnergies's payout ratio is 36.04%.
Analyst Ratings Changes
A number of brokerages recently commented on TTE. BNP Paribas downgraded shares of TotalEnergies from an "outperform" rating to a "neutral" rating in a research note on Wednesday, November 27th. Redburn Atlantic raised TotalEnergies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 23rd. Piper Sandler dropped their price objective on TotalEnergies from $77.00 to $62.00 and set a "neutral" rating on the stock in a research report on Thursday, December 19th. Royal Bank of Canada upgraded TotalEnergies from a "sector perform" rating to an "outperform" rating in a research note on Thursday, December 5th. Finally, Morgan Stanley reissued an "equal weight" rating and set a $64.10 price target (down from $70.40) on shares of TotalEnergies in a research report on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $72.42.
View Our Latest Analysis on TTE
TotalEnergies Profile
(
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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