Allied Investment Advisors LLC Has $10.61 Million Stock Holdings in TotalEnergies SE (NYSE:TTE)

Allied Investment Advisors LLC grew its holdings in TotalEnergies SE (NYSE:TTE - Free Report) by 5.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 164,047 shares of the company's stock after purchasing an additional 7,875 shares during the quarter. TotalEnergies comprises about 2.0% of Allied Investment Advisors LLC's investment portfolio, making the stock its 24th largest position. Allied Investment Advisors LLC's holdings in TotalEnergies were worth $10,612,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Asset Planning Inc acquired a new position in TotalEnergies during the 4th quarter worth about $31,000. Bernard Wealth Management Corp. bought a new position in shares of TotalEnergies in the fourth quarter worth about $32,000. HHM Wealth Advisors LLC lifted its position 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 purchasing an additional 400 shares in the last quarter. Stonebridge Financial Group LLC bought a new stake in shares of TotalEnergies during the fourth quarter valued at approximately $49,000. Finally, SRS Capital Advisors Inc. grew its stake in shares of TotalEnergies by 108.4% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,186 shares of the company's stock valued at $65,000 after purchasing an additional 617 shares during the last quarter. Institutional investors own 16.53% of the company's stock.

Analyst Upgrades and Downgrades

TTE has been the subject of several research analyst reports. HSBC restated a "buy" rating on shares of TotalEnergies in a research report on Tuesday, May 13th. BNP Paribas upgraded TotalEnergies from a "neutral" rating to an "outperform" rating in a research report on Tuesday, April 15th. Dbs Bank raised TotalEnergies from a "hold" rating to a "buy" rating in a research note on Wednesday, May 7th. Citigroup upgraded TotalEnergies from a "neutral" rating to a "buy" rating in a research report on Wednesday, March 26th. Finally, Scotiabank dropped their price objective on TotalEnergies from $65.00 to $60.00 and set a "sector perform" rating for the company in a report on Friday, April 11th. Four investment analysts have rated the stock with a hold rating, seven have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, TotalEnergies presently has a consensus rating of "Moderate Buy" and an average target price of $69.36.

TotalEnergies Trading Down 0.7%

NYSE TTE traded down $0.40 on Tuesday, reaching $60.11. The company had a trading volume of 1,769,402 shares, compared to its average volume of 1,631,774. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.36. TotalEnergies SE has a 52 week low of $52.78 and a 52 week high of $72.46. The stock has a market cap of $144.12 billion, a price-to-earnings ratio of 9.03, a PEG ratio of 0.98 and a beta of 0.58. The stock's 50 day moving average is $58.71 and its 200-day moving average is $58.76.

TotalEnergies (NYSE:TTE - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $1.83 earnings per share for the quarter, missing analysts' consensus estimates of $1.88 by ($0.05). The firm had revenue of $47.90 billion during the quarter, compared to analyst estimates of $41.23 billion. TotalEnergies had a net margin of 7.34% and a return on equity of 15.22%. During the same quarter in the prior year, the business earned $2.14 earnings per share. Equities analysts predict that TotalEnergies SE will post 8.02 earnings per share for the current year.

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.