U.S. Capital Wealth Advisors LLC Acquires Shares of 4,576 TotalEnergies SE (NYSE:TTE)

U.S. Capital Wealth Advisors LLC acquired a new position in shares of TotalEnergies SE (NYSE:TTE - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 4,576 shares of the company's stock, valued at approximately $249,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FSA Wealth Management LLC acquired a new stake in shares of TotalEnergies during the third quarter valued at about $26,000. Continuum Advisory LLC raised its position in TotalEnergies by 70.4% in the third quarter. Continuum Advisory LLC now owns 443 shares of the company's stock valued at $27,000 after purchasing an additional 183 shares during the period. Maryland Capital Advisors Inc. acquired a new position in TotalEnergies during the third quarter worth $32,000. Eastern Bank purchased a new position in shares of TotalEnergies during the third quarter worth $32,000. Finally, Versant Capital Management Inc acquired a new stake in shares of TotalEnergies in the fourth quarter valued at $45,000. 16.53% of the stock is currently owned by hedge funds and other institutional investors.

TotalEnergies Stock Down 0.8 %

Shares of TotalEnergies stock traded down $0.51 during trading on Monday, hitting $60.27. 1,329,147 shares of the stock were exchanged, compared to its average volume of 1,845,836. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.10 and a quick ratio of 0.88. The firm's 50-day moving average price is $56.94 and its 200 day moving average price is $62.47. The stock has a market cap of $142.32 billion, a price-to-earnings ratio of 9.05, a price-to-earnings-growth ratio of 2.12 and a beta of 0.61. TotalEnergies SE has a 12-month low of $53.29 and a 12-month high of $74.97.

TotalEnergies (NYSE:TTE - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $1.90 earnings per share (EPS) for the quarter, topping 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%. As a group, analysts forecast that TotalEnergies SE will post 7.92 earnings per share for the current fiscal year.

TotalEnergies Cuts Dividend

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

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Morgan Stanley restated an "equal weight" rating and set a $64.10 target price (down from $70.40) on shares of TotalEnergies in a report on Tuesday, January 7th. BNP Paribas cut shares of TotalEnergies from an "outperform" rating to a "neutral" rating in a report on Wednesday, November 27th. Redburn Atlantic upgraded shares of TotalEnergies from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 23rd. Piper Sandler dropped their price target on shares of TotalEnergies from $77.00 to $62.00 and set a "neutral" rating for the company in a research note on Thursday, December 19th. 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 equities research analysts have rated the stock with a hold rating, two have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock 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.