Css LLC Il Buys 24,866 Shares of TotalEnergies SE (NYSE:TTE)

CSS LLC IL grew its holdings in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 162.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,175 shares of the company's stock after buying an additional 24,866 shares during the quarter. CSS LLC IL's holdings in TotalEnergies were worth $2,190,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Apollon Wealth Management LLC increased its stake in TotalEnergies by 4.1% during the fourth 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. boosted its holdings in shares of TotalEnergies by 9.1% in the 4th quarter. First Horizon Advisors Inc. now owns 2,217 shares of the company's stock worth $121,000 after purchasing an additional 184 shares during the period. FSM Wealth Advisors LLC boosted its holdings in shares of TotalEnergies by 3.4% in the 4th quarter. FSM Wealth Advisors LLC now owns 5,635 shares of the company's stock worth $333,000 after purchasing an additional 187 shares during the period. Snowden Capital Advisors LLC increased its position in shares of TotalEnergies by 0.8% during the 4th quarter. Snowden Capital Advisors LLC now owns 25,441 shares of the company's stock valued at $1,407,000 after purchasing an additional 205 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB raised its holdings in TotalEnergies by 4.4% during the 4th 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 during the period. Institutional investors own 16.53% of the company's stock.

Wall Street Analysts Forecast Growth

TTE has been the subject of several recent analyst reports. Citigroup raised shares of TotalEnergies from a "neutral" rating to a "buy" rating in a research note on Wednesday, March 26th. Morgan Stanley upgraded shares of TotalEnergies from an "equal weight" rating to an "overweight" rating and set a $60.80 price target on the stock in a report on Monday, May 12th. Dbs Bank raised shares of TotalEnergies from a "hold" rating to a "buy" rating in a research report on Wednesday, May 7th. HSBC restated a "buy" rating on shares of TotalEnergies in a research report on Tuesday, May 13th. Finally, BNP Paribas upgraded TotalEnergies from a "neutral" rating to an "outperform" rating in a report on Tuesday, April 15th. Four analysts have rated the stock with a hold rating, seven have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, TotalEnergies presently has an average rating of "Moderate Buy" and a consensus price target of $69.36.

TotalEnergies Trading Down 0.5%

Shares of NYSE:TTE traded down $0.26 during trading on Monday, reaching $57.90. 1,340,604 shares of the company were exchanged, compared to its average volume of 1,626,428. The business's fifty day simple moving average is $59.32 and its 200-day simple moving average is $58.84. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.10 and a quick ratio of 0.88. TotalEnergies SE has a 12-month low of $52.78 and a 12-month high of $73.12. The firm has a market capitalization of $138.82 billion, a PE 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 data 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). The firm had revenue of $47.90 billion during the quarter, compared to the consensus estimate of $41.23 billion. TotalEnergies had a return on equity of 15.22% and a net margin of 7.34%. During the same period last year, the company earned $2.14 EPS. On average, research analysts anticipate that TotalEnergies SE will post 8.02 EPS 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.