Virtu Financial LLC Trims Stock Holdings in TotalEnergies SE (NYSE:TTE)

Virtu Financial LLC decreased its stake in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 69.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 10,553 shares of the company's stock after selling 23,439 shares during the period. Virtu Financial LLC's holdings in TotalEnergies were worth $575,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. FSA Wealth Management LLC purchased a new position in TotalEnergies during the third quarter valued at approximately $26,000. Continuum Advisory LLC grew its position in shares of TotalEnergies by 70.4% during 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 bought a new position in shares of TotalEnergies in the fourth quarter worth $31,000. HHM Wealth Advisors LLC raised its position in shares of TotalEnergies by 156.3% in 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 bought a new stake in TotalEnergies during the fourth quarter valued at $45,000. Institutional investors own 16.53% of the company's stock.

TotalEnergies Trading Down 1.7 %

Shares of NYSE TTE traded down $1.14 during trading hours on Friday, hitting $64.04. The company's stock had a trading volume of 702,633 shares, compared to its average volume of 1,525,740. TotalEnergies SE has a 12 month low of $53.29 and a 12 month high of $74.97. The stock has a market cap of $153.55 billion, a price-to-earnings ratio of 9.62, a P/E/G ratio of 0.98 and a beta of 0.56. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.88 and a current ratio of 1.10. The business has a 50-day simple moving average of $60.87 and a 200-day simple moving average of $61.15.

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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, 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, analysts anticipate that TotalEnergies SE will post 8.02 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Redburn Atlantic upgraded shares of TotalEnergies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 23rd. 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. Morgan Stanley reissued an "equal weight" rating and issued a $64.10 price target (down from $70.40) on shares of TotalEnergies in a research note on Tuesday, January 7th. Piper Sandler reduced their price objective on TotalEnergies from $77.00 to $62.00 and set a "neutral" rating on the stock in a research note on Thursday, December 19th. Finally, Citigroup upgraded TotalEnergies from a "neutral" rating to a "buy" rating in a report on Wednesday. Six analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company presently 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.