NBC Securities Inc. Acquires 13,759 Shares of TotalEnergies SE (NYSE:TTE)

NBC Securities Inc. lifted its position in TotalEnergies SE (NYSE:TTE - Free Report) by 105,838.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,772 shares of the company's stock after acquiring an additional 13,759 shares during the period. NBC Securities Inc.'s holdings in TotalEnergies were worth $890,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TTE. Asset Planning Inc bought a new position in shares of TotalEnergies in the 4th quarter worth approximately $31,000. Bernard Wealth Management Corp. purchased a new position in shares of TotalEnergies during the fourth quarter valued at approximately $32,000. HHM Wealth Advisors LLC lifted its holdings in shares of TotalEnergies by 156.3% during the fourth quarter. HHM Wealth Advisors LLC now owns 656 shares of the company's stock valued at $36,000 after purchasing an additional 400 shares during the last quarter. Stonebridge Financial Group LLC purchased a new position in shares of TotalEnergies during the fourth quarter valued at approximately $49,000. Finally, SRS Capital Advisors Inc. lifted its holdings 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

Several equities analysts have recently issued reports on the stock. HSBC reiterated a "buy" rating on shares of TotalEnergies in a report on Tuesday, May 13th. Piper Sandler lifted their target price on shares of TotalEnergies from $62.00 to $65.00 and gave the company a "neutral" rating in a report on Tuesday, May 13th. Morgan Stanley upgraded shares of TotalEnergies from an "equal weight" rating to an "overweight" rating and set a $60.80 target price for the company in a report on Monday, May 12th. BNP Paribas upgraded shares of TotalEnergies from a "neutral" rating to an "outperform" rating in a report on Tuesday, April 15th. Finally, Dbs Bank upgraded shares of TotalEnergies from a "hold" rating to a "buy" rating in a report on Wednesday, May 7th. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $69.36.

TotalEnergies Stock Performance

TTE traded up $0.13 during mid-day trading on Thursday, reaching $59.18. 2,036,607 shares of the company traded hands, compared to its average volume of 1,638,238. The stock has a market capitalization of $141.89 billion, a P/E ratio of 8.89, a P/E/G ratio of 0.98 and a beta of 0.56. 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 company's fifty day moving average price is $58.50 and its 200-day moving average price is $58.77. TotalEnergies SE has a 52-week low of $52.78 and a 52-week high of $71.12.

TotalEnergies (NYSE:TTE - Get Free Report) last announced its 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 company had revenue of $47.90 billion for the quarter, compared to analysts' expectations 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 firm posted $2.14 earnings per share. On average, sell-side analysts expect 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.