Jefferies Financial Group Inc. bought a new position in shares of TotalEnergies SE (NYSE:TTE - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,714 shares of the company's stock, valued at approximately $257,000.
Other large investors have also made changes to their positions in the company. Apollon Wealth Management LLC boosted its stake in TotalEnergies by 4.1% during the 4th quarter. Apollon Wealth Management LLC now owns 4,448 shares of the company's stock worth $242,000 after acquiring an additional 174 shares during the last quarter. First Horizon Advisors Inc. increased its holdings in shares of TotalEnergies by 9.1% during the 4th quarter. First Horizon Advisors Inc. now owns 2,217 shares of the company's stock worth $121,000 after acquiring an additional 184 shares during the last quarter. FSM Wealth Advisors LLC boosted its holdings in shares of TotalEnergies by 3.4% during the fourth quarter. FSM Wealth Advisors LLC now owns 5,635 shares of the company's stock worth $333,000 after acquiring an additional 187 shares during the period. Wilmington Savings Fund Society FSB raised its position in shares of TotalEnergies by 4.4% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 4,889 shares of the company's stock valued at $266,000 after buying an additional 207 shares in the last quarter. Finally, Cetera Trust Company N.A lifted its holdings in shares of TotalEnergies by 5.7% during the 4th quarter. Cetera Trust Company N.A now owns 4,090 shares of the company's stock worth $223,000 after acquiring an additional 220 shares during the period. Institutional investors and hedge funds own 16.53% of the company's stock.
Wall Street Analyst Weigh In
TTE has been the subject of a number of analyst reports. BNP Paribas upgraded TotalEnergies from a "neutral" rating to an "outperform" rating in a research report on Tuesday, April 15th. Morgan Stanley upgraded shares of TotalEnergies from an "equal weight" rating to an "overweight" rating and set a $60.80 price objective for the company in a research note on Monday, May 12th. Piper Sandler increased their target price on shares of TotalEnergies from $62.00 to $65.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 13th. Citigroup raised shares of TotalEnergies from a "neutral" rating to a "buy" rating in a research note on Wednesday, March 26th. Finally, Scotiabank reduced their target price on TotalEnergies from $65.00 to $60.00 and set a "sector perform" rating for the company in a research note on Friday, April 11th. Four investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $69.36.
Read Our Latest Report on TTE
TotalEnergies Stock Down 0.5%
Shares of TotalEnergies stock traded down $0.26 on Friday, hitting $57.90. The company had a trading volume of 1,340,604 shares, compared to its average volume of 1,623,268. TotalEnergies SE has a 1 year low of $52.78 and a 1 year high of $73.12. 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 stock has a 50 day moving average of $59.32 and a 200-day moving average of $58.88. The stock has a market capitalization of $138.82 billion, a price-to-earnings ratio of 8.69, a P/E/G ratio of 0.98 and a beta of 0.58.
TotalEnergies (NYSE:TTE - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $1.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.88 by ($0.05). TotalEnergies had a return on equity of 15.22% and a net margin of 7.34%. The company had revenue of $47.90 billion for the quarter, compared to the consensus estimate of $41.23 billion. During the same quarter last year, the company posted $2.14 EPS. As a group, sell-side analysts forecast that TotalEnergies SE will post 8.02 earnings per share for the current year.
TotalEnergies Profile
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Free Report)
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.
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