Yousif Capital Management LLC Purchases 23,315 Shares of TotalEnergies SE (NYSE:TTE)

Yousif Capital Management LLC grew its holdings in TotalEnergies SE (NYSE:TTE - Free Report) by 63.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 60,082 shares of the company's stock after purchasing an additional 23,315 shares during the period. Yousif Capital Management LLC's holdings in TotalEnergies were worth $3,274,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Columbus Macro LLC increased its stake in shares of TotalEnergies by 56.2% in the 4th quarter. Columbus Macro LLC now owns 38,206 shares of the company's stock valued at $2,082,000 after purchasing an additional 13,739 shares during the last quarter. Fourpath Capital Management LLC increased its stake in shares of TotalEnergies by 30.0% in the 4th quarter. Fourpath Capital Management LLC now owns 18,693 shares of the company's stock valued at $1,019,000 after purchasing an additional 4,316 shares during the last quarter. Resonant Capital Advisors LLC increased its stake in shares of TotalEnergies by 8.0% in the 4th quarter. Resonant Capital Advisors LLC now owns 4,235 shares of the company's stock valued at $234,000 after purchasing an additional 312 shares during the last quarter. FSM Wealth Advisors LLC boosted its holdings in shares of TotalEnergies by 3.4% during the 4th quarter. FSM Wealth Advisors LLC now owns 5,635 shares of the company's stock valued at $333,000 after acquiring an additional 187 shares in the last quarter. Finally, HHM Wealth Advisors LLC boosted its holdings in shares of TotalEnergies by 156.3% during the 4th quarter. HHM Wealth Advisors LLC now owns 656 shares of the company's stock valued at $36,000 after acquiring an additional 400 shares in the last quarter. Institutional investors own 16.53% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on TTE shares. 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. BNP Paribas downgraded TotalEnergies from an "outperform" rating to a "neutral" rating in a report on Wednesday, November 27th. Redburn Atlantic raised TotalEnergies from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 23rd. Morgan Stanley reissued an "equal weight" rating and set a $64.10 price objective (down previously from $70.40) on shares of TotalEnergies in a report on Tuesday, January 7th. Finally, Royal Bank of Canada raised TotalEnergies from a "sector perform" rating to an "outperform" rating in a report on Thursday, December 5th. Six analysts have rated the stock with a hold rating, two have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, TotalEnergies presently has a consensus rating of "Moderate Buy" and a consensus target price of $72.42.

TotalEnergies Trading Down 0.2 %

Shares of TTE stock traded down $0.10 during mid-day trading on Wednesday, hitting $60.90. The company's stock had a trading volume of 1,561,060 shares, compared to its average volume of 1,850,287. The company's fifty day simple moving average is $57.02 and its 200-day simple moving average is $62.42. TotalEnergies SE has a 52 week low of $53.29 and a 52 week high of $74.97. 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 company has a market cap of $143.81 billion, a PE ratio of 9.14, a P/E/G ratio of 2.12 and a beta of 0.61.

TotalEnergies (NYSE:TTE - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $1.90 earnings per share 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, equities research analysts expect that TotalEnergies SE will post 7.92 earnings per share for the current fiscal year.

TotalEnergies Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, January 21st. Stockholders of record on Tuesday, December 31st were given a $0.8308 dividend. The ex-dividend date was Tuesday, December 31st. TotalEnergies's dividend payout ratio (DPR) is presently 36.79%.

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.