TotalEnergies SE (NYSE:TTE) Shares Sold by Lester Murray Antman dba SimplyRich

Lester Murray Antman dba SimplyRich lowered its stake in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 48.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,003 shares of the company's stock after selling 6,711 shares during the period. Lester Murray Antman dba SimplyRich's holdings in TotalEnergies were worth $381,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. FSA Wealth Management LLC purchased a new position in TotalEnergies during the third quarter worth about $26,000. Continuum Advisory LLC lifted its position in TotalEnergies by 70.4% during the third quarter. Continuum Advisory LLC now owns 443 shares of the company's stock worth $27,000 after buying an additional 183 shares during the period. Maryland Capital Advisors Inc. purchased a new position in TotalEnergies during the third quarter worth about $32,000. Eastern Bank purchased a new position in TotalEnergies during the third quarter worth about $32,000. Finally, HHM Wealth Advisors LLC lifted its position in TotalEnergies by 156.3% during the fourth quarter. HHM Wealth Advisors LLC now owns 656 shares of the company's stock worth $36,000 after buying an additional 400 shares during the period. Institutional investors and hedge funds own 16.53% of the company's stock.

TotalEnergies Stock Up 0.6 %

Shares of NYSE:TTE traded up $0.34 during mid-day trading on Friday, hitting $61.40. 1,030,006 shares of the company traded hands, compared to its average volume of 1,805,322. The firm has a market cap of $144.99 billion, a P/E ratio of 9.22, a PEG ratio of 2.12 and a beta of 0.61. 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 52-week low of $53.29 and a 52-week high of $74.97. The firm's 50 day simple moving average is $57.27 and its 200 day simple moving average is $62.36.

TotalEnergies (NYSE:TTE - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $1.90 EPS for the quarter, beating the consensus estimate 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 anticipate that TotalEnergies SE will post 7.92 EPS for the current year.

TotalEnergies Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, January 21st. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.8308 per share. The ex-dividend date of this dividend was Tuesday, December 31st. TotalEnergies's dividend payout ratio (DPR) is presently 36.04%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. BNP Paribas downgraded TotalEnergies from an "outperform" rating to a "neutral" rating in a report on Wednesday, November 27th. Redburn Atlantic upgraded TotalEnergies from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 23rd. Royal Bank of Canada upgraded TotalEnergies from a "sector perform" rating to an "outperform" rating in a report on Thursday, December 5th. Morgan Stanley restated an "equal weight" rating and issued a $64.10 price objective (down from $70.40) on shares of TotalEnergies in a report on Tuesday, January 7th. Finally, Piper Sandler cut their price objective on TotalEnergies from $77.00 to $62.00 and set a "neutral" rating on the stock in a report on Thursday, December 19th. Six 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. Based on data from MarketBeat.com, TotalEnergies 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.