TotalEnergies SE (NYSE:TTE) Stock Holdings Trimmed by Fisher Asset Management LLC

Fisher Asset Management LLC reduced its stake in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 3.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,029,522 shares of the company's stock after selling 698,330 shares during the period. Fisher Asset Management LLC owned 0.93% of TotalEnergies worth $1,200,609,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TTE. FSA Wealth Management LLC acquired a new stake in shares of TotalEnergies during the third quarter valued at $26,000. Continuum Advisory LLC lifted 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 purchasing an additional 183 shares in the last quarter. Asset Planning Inc acquired a new stake in shares of TotalEnergies during the 4th quarter worth about $31,000. HHM Wealth Advisors LLC grew its holdings in shares of 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 in the last quarter. Finally, Versant Capital Management Inc purchased a new stake in shares of TotalEnergies during the fourth quarter worth about $45,000. Hedge funds and other institutional investors own 16.53% of the company's stock.

TotalEnergies Trading Up 0.2 %

TTE stock traded up $0.12 during trading on Friday, reaching $60.17. 907,410 shares of the stock traded hands, compared to its average volume of 1,643,126. The business's 50 day moving average price is $58.37 and its 200-day moving average price is $61.87. The firm has a market capitalization of $144.27 billion, a PE ratio of 9.03, a P/E/G ratio of 0.98 and a beta of 0.61. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.10 and a quick ratio of 0.88. TotalEnergies SE has a 52-week low of $53.29 and a 52-week high of $74.97.

TotalEnergies (NYSE:TTE - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported $1.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.74 by $0.16. TotalEnergies had a net margin of 7.34% and a return on equity of 15.22%. As a group, sell-side analysts forecast that TotalEnergies SE will post 8.02 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on TTE shares. Royal Bank of Canada raised shares of TotalEnergies from a "sector perform" rating to an "outperform" rating in a research note on Thursday, December 5th. Piper Sandler decreased 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. BNP Paribas downgraded TotalEnergies from an "outperform" rating to a "neutral" rating in a research report on Wednesday, November 27th. Morgan Stanley reiterated an "equal weight" rating and set a $64.10 target price (down from $70.40) on shares of TotalEnergies in a research report on Tuesday, January 7th. Finally, Redburn Atlantic upgraded TotalEnergies from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 23rd. Six investment 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's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target 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.