CWA Asset Management Group LLC Has $1.29 Million Position in TotalEnergies SE (NYSE:TTE)

CWA Asset Management Group LLC grew its position in TotalEnergies SE (NYSE:TTE - Free Report) by 85.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 23,571 shares of the company's stock after buying an additional 10,835 shares during the period. CWA Asset Management Group LLC's holdings in TotalEnergies were worth $1,285,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Mather Group LLC. grew its holdings in TotalEnergies by 12.4% during the 3rd quarter. Mather Group LLC. now owns 1,312 shares of the company's stock worth $85,000 after acquiring an additional 145 shares during the period. Venturi Wealth Management LLC grew its stake in shares of TotalEnergies by 0.6% during the third quarter. Venturi Wealth Management LLC now owns 27,751 shares of the company's stock worth $1,793,000 after purchasing an additional 165 shares during the period. Integrated Wealth Concepts LLC increased its holdings in TotalEnergies by 1.0% in the third 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 last quarter. Tradition Wealth Management LLC increased its holdings in TotalEnergies by 2.5% in the third quarter. Tradition Wealth Management LLC now owns 7,124 shares of the company's stock valued at $460,000 after purchasing an additional 171 shares during the last quarter. Finally, Lake Street Advisors Group LLC lifted its stake in TotalEnergies by 2.2% in the third quarter. Lake Street Advisors Group LLC now owns 8,595 shares of the company's stock valued at $563,000 after buying an additional 181 shares during the period. Institutional investors own 16.53% of the company's stock.

TotalEnergies Stock Down 0.3 %

Shares of NYSE:TTE traded down $0.17 during midday trading on Wednesday, reaching $56.84. 1,734,112 shares of the company were exchanged, compared to its average volume of 1,834,402. The firm has a market cap of $134.22 billion, a PE ratio of 8.06, a P/E/G ratio of 1.93 and a beta of 0.61. TotalEnergies SE has a fifty-two week low of $53.29 and a fifty-two week high of $74.97. The stock has a fifty day simple moving average of $57.67 and a two-hundred day simple moving average of $64.07. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.39.

TotalEnergies Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, January 21st. Investors of record on Tuesday, December 31st will be given a $0.8308 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. TotalEnergies's dividend payout ratio is presently 34.75%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on TTE shares. Scotiabank decreased their target price on TotalEnergies from $80.00 to $75.00 and set a "sector perform" rating for the company in a research report on Thursday, October 10th. UBS Group upgraded shares of TotalEnergies to a "strong-buy" rating in a report on Wednesday, October 9th. TD Cowen lowered shares of TotalEnergies from a "strong-buy" rating to a "hold" rating in a report on Monday, September 30th. BNP Paribas cut shares of TotalEnergies from an "outperform" rating to a "neutral" rating in a research report on Wednesday, November 27th. Finally, Piper Sandler lowered their price objective 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. Six equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $72.42.

TotalEnergies Company 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.