TotalEnergies SE (NYSE:TTE) Shares Purchased by MML Investors Services LLC

MML Investors Services LLC boosted its holdings in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 9.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 168,534 shares of the company's stock after purchasing an additional 14,005 shares during the quarter. MML Investors Services LLC's holdings in TotalEnergies were worth $9,185,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in TotalEnergies by 5.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 373,728 shares of the company's stock valued at $20,368,000 after acquiring an additional 20,734 shares during the period. First Trust Advisors LP acquired a new stake in shares of TotalEnergies in the fourth quarter valued at about $5,425,000. Forum Financial Management LP increased its stake in shares of TotalEnergies by 35.9% during the fourth quarter. Forum Financial Management LP now owns 82,033 shares of the company's stock worth $4,471,000 after purchasing an additional 21,691 shares in the last quarter. Cadence Bank lifted its stake in TotalEnergies by 2.0% in the 4th quarter. Cadence Bank now owns 109,471 shares of the company's stock valued at $5,966,000 after buying an additional 2,095 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in TotalEnergies by 22.4% in the 4th quarter. NewEdge Advisors LLC now owns 46,477 shares of the company's stock worth $2,533,000 after buying an additional 8,502 shares during the last quarter. 16.53% of the stock is owned by institutional investors and hedge funds.

TotalEnergies Stock Down 0.8 %

Shares of TTE traded down $0.48 during midday trading on Tuesday, reaching $59.60. The stock had a trading volume of 311,737 shares, compared to its average volume of 1,566,158. The company has a market cap of $142.89 billion, a price-to-earnings ratio of 8.95, a PEG ratio of 0.98 and a beta of 0.45. The company's fifty day simple moving average is $60.38 and its two-hundred day simple moving average is $59.61. 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 1-year low of $52.78 and a 1-year high of $74.66.

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

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. BNP Paribas upgraded TotalEnergies from a "neutral" rating to an "outperform" rating in a research report on Tuesday, April 15th. Redburn Atlantic upgraded TotalEnergies from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 23rd. Citigroup upgraded TotalEnergies from a "neutral" rating to a "buy" rating in a report on Wednesday, March 26th. Morgan Stanley restated an "equal weight" rating and set a $64.10 price objective (down from $70.40) on shares of TotalEnergies in a research report on Tuesday, January 7th. Finally, Scotiabank dropped 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. Five research analysts have rated the stock with a hold rating, four have given a buy rating and three have given a strong buy rating to the company. According to MarketBeat, TotalEnergies presently has a consensus rating of "Moderate Buy" and an average price target of $69.42.

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.