TotalEnergies SE (NYSE:TTE) Shares Bought by Mariner LLC

Mariner LLC grew its stake in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 10.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 162,738 shares of the company's stock after acquiring an additional 14,750 shares during the period. Mariner LLC's holdings in TotalEnergies were worth $8,869,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Barclays PLC boosted its position in shares of TotalEnergies by 266.5% in the third quarter. Barclays PLC now owns 674,154 shares of the company's stock valued at $43,564,000 after acquiring an additional 490,187 shares during the period. Anchor Investment Management LLC lifted its position in TotalEnergies by 109.3% during the 3rd quarter. Anchor Investment Management LLC now owns 942 shares of the company's stock worth $61,000 after buying an additional 492 shares in the last quarter. World Investment Advisors LLC increased its holdings in shares of TotalEnergies by 51.6% in the third quarter. World Investment Advisors LLC now owns 4,558 shares of the company's stock valued at $295,000 after purchasing an additional 1,552 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of TotalEnergies during the third quarter valued at $303,000. Finally, Tidal Investments LLC grew its position in shares of TotalEnergies by 5.2% during the 3rd quarter. Tidal Investments LLC now owns 62,692 shares of the company's stock worth $4,051,000 after buying an additional 3,112 shares during the period. 16.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TTE. 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 research note on Tuesday, January 7th. Redburn Atlantic raised shares of TotalEnergies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 23rd. Scotiabank cut their price target on shares of TotalEnergies from $65.00 to $60.00 and set a "sector perform" rating for the company in a research note on Friday, April 11th. BNP Paribas upgraded TotalEnergies from a "neutral" rating to an "outperform" rating in a research note on Tuesday, April 15th. Finally, Citigroup raised TotalEnergies from a "neutral" rating to a "buy" rating in a report on Wednesday, March 26th. Five equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $69.42.

TotalEnergies Stock Performance

Shares of TTE traded up $0.62 on Thursday, reaching $59.32. The company's stock had a trading volume of 392,352 shares, compared to its average volume of 1,570,151. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.10 and a quick ratio of 0.88. The stock has a market capitalization of $142.22 billion, a P/E ratio of 8.89, a PEG ratio of 0.98 and a beta of 0.45. TotalEnergies SE has a 12-month low of $52.78 and a 12-month high of $74.97. The stock's 50 day simple moving average is $60.47 and its two-hundred day simple moving average is $59.91.

TotalEnergies (NYSE:TTE - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported $1.90 EPS for the quarter, topping analysts' consensus estimates of $1.74 by $0.16. TotalEnergies had a return on equity of 15.22% and a net margin of 7.34%. Research analysts forecast that TotalEnergies SE will post 8.02 earnings per share for the current fiscal year.

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.