TotalEnergies SE (NYSE:TTE) Shares Sold by Whittier Trust Co.

Whittier Trust Co. lowered its position in TotalEnergies SE (NYSE:TTE - Free Report) by 35.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,830 shares of the company's stock after selling 5,436 shares during the period. Whittier Trust Co.'s holdings in TotalEnergies were worth $536,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Thrivent Financial for Lutherans acquired a new position in shares of TotalEnergies during the 3rd quarter worth $212,000. Pathstone Holdings LLC raised its position in TotalEnergies by 4.2% during the third quarter. Pathstone Holdings LLC now owns 59,245 shares of the company's stock worth $3,832,000 after acquiring an additional 2,403 shares during the last quarter. Avior Wealth Management LLC lifted its holdings in shares of TotalEnergies by 62.9% in the third quarter. Avior Wealth Management LLC now owns 3,063 shares of the company's stock valued at $198,000 after purchasing an additional 1,183 shares in the last quarter. Advisors Asset Management Inc. grew its position in shares of TotalEnergies by 5.1% in the third quarter. Advisors Asset Management Inc. now owns 66,135 shares of the company's stock valued at $4,274,000 after purchasing an additional 3,180 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its stake in shares of TotalEnergies by 10.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,033 shares of the company's stock worth $131,000 after purchasing an additional 194 shares in the last quarter. 16.53% of the stock is owned by hedge funds and other institutional investors.

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TotalEnergies Trading Up 0.5 %

Shares of TTE stock traded up $0.32 on Thursday, reaching $65.19. 1,651,275 shares of the stock were exchanged, compared to its average volume of 1,518,937. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.36. The stock has a market cap of $156.31 billion, a P/E ratio of 9.79, a price-to-earnings-growth ratio of 0.98 and a beta of 0.56. The firm has a 50 day moving average of $60.74 and a two-hundred day moving average of $61.12. TotalEnergies SE has a 1-year low of $53.29 and a 1-year high of $74.97.

TotalEnergies (NYSE:TTE - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $1.90 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%. On average, research analysts anticipate that TotalEnergies SE will post 8.02 EPS for the current year.

Analyst Upgrades and Downgrades

TTE has been the topic of a number of analyst reports. Redburn Atlantic upgraded TotalEnergies from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 23rd. Citigroup raised TotalEnergies from a "neutral" rating to a "buy" rating in a research note on Wednesday. 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 reaffirmed an "equal weight" rating and set a $64.10 price target (down from $70.40) on shares of TotalEnergies in a research note on Tuesday, January 7th. Finally, BNP Paribas lowered shares of TotalEnergies from an "outperform" rating to a "neutral" rating in a research report on Wednesday, November 27th. Six equities research 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, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $72.42.

About TotalEnergies

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.