TotalEnergies (NYSE:TTE) Trading Down 0.9%

Shares of TotalEnergies SE (NYSE:TTE - Get Free Report) fell 0.9% on Wednesday . The stock traded as low as $72.28 and last traded at $72.33. 467,386 shares traded hands during trading, a decline of 72% from the average session volume of 1,685,000 shares. The stock had previously closed at $72.97.

Analyst Ratings Changes

Several research firms have recently weighed in on TTE. Piper Sandler increased their price target on TotalEnergies from $75.00 to $79.00 and gave the stock a "neutral" rating in a research note on Thursday, April 18th. Scotiabank raised their target price on TotalEnergies from $74.00 to $86.00 and gave the stock a "sector perform" rating in a research note on Thursday, April 11th. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $70.75.

TotalEnergies Trading Down 0.3 %

The firm has a 50 day simple moving average of $68.36 and a 200 day simple moving average of $67.05. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.90 and a current ratio of 1.12. The firm has a market cap of $171.11 billion, a P/E ratio of 8.39, a P/E/G ratio of 1.74 and a beta of 0.72.

TotalEnergies (NYSE:TTE - Get Free Report) last issued its earnings results on Wednesday, February 7th. The company reported $2.16 EPS for the quarter, missing the consensus estimate of $2.43 by ($0.27). The company had revenue of $54.77 billion during the quarter, compared to the consensus estimate of $55.14 billion. TotalEnergies had a return on equity of 19.61% and a net margin of 9.19%. During the same quarter in the prior year, the business earned $2.97 EPS. On average, equities research analysts predict that TotalEnergies SE will post 9.38 EPS for the current fiscal year.

Insider Activity

In other TotalEnergies news, Director Se Totalenergies purchased 196,964 shares of the company's stock in a transaction dated Thursday, March 28th. The stock was purchased at an average price of $22.86 per share, for a total transaction of $4,502,597.04. Following the transaction, the director now owns 295,235 shares in the company, valued at approximately $6,749,072.10. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Institutional Trading of TotalEnergies

A number of large investors have recently modified their holdings of the business. Private Trust Co. NA boosted its position in shares of TotalEnergies by 1.6% during the 1st quarter. Private Trust Co. NA now owns 9,273 shares of the company's stock valued at $638,000 after acquiring an additional 149 shares during the last quarter. PDS Planning Inc raised its holdings in shares of TotalEnergies by 2.3% during the 4th quarter. PDS Planning Inc now owns 6,839 shares of the company's stock valued at $461,000 after buying an additional 156 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of TotalEnergies by 10.2% during the 3rd quarter. IFP Advisors Inc now owns 1,695 shares of the company's stock valued at $111,000 after buying an additional 157 shares in the last quarter. Garland Capital Management Inc. raised its holdings in shares of TotalEnergies by 0.3% during the 3rd quarter. Garland Capital Management Inc. now owns 62,402 shares of the company's stock valued at $4,104,000 after buying an additional 165 shares in the last quarter. Finally, Lantz Financial LLC raised its holdings in shares of TotalEnergies by 1.3% during the 3rd quarter. Lantz Financial LLC now owns 12,515 shares of the company's stock valued at $823,000 after buying an additional 166 shares in the last quarter. Institutional investors own 13.22% of the company's stock.

About TotalEnergies

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.