Certuity LLC Buys 11,042 Shares of TotalEnergies SE (NYSE:TTE)

Certuity LLC raised its holdings in TotalEnergies SE (NYSE:TTE - Free Report) by 269.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,142 shares of the company's stock after buying an additional 11,042 shares during the period. Certuity LLC's holdings in TotalEnergies were worth $1,020,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TTE. PDS Planning Inc increased its position in shares of TotalEnergies by 2.3% during the fourth quarter. PDS Planning Inc now owns 6,839 shares of the company's stock worth $461,000 after purchasing an additional 156 shares in the last quarter. Garland Capital Management Inc. increased its position in TotalEnergies by 0.3% in the 3rd quarter. Garland Capital Management Inc. now owns 62,402 shares of the company's stock valued at $4,104,000 after acquiring an additional 165 shares during the period. Kestra Private Wealth Services LLC increased its position in TotalEnergies by 1.0% in the 4th quarter. Kestra Private Wealth Services LLC now owns 18,496 shares of the company's stock valued at $1,246,000 after acquiring an additional 179 shares during the period. Juncture Wealth Strategies LLC increased its position in TotalEnergies by 2.1% in the 4th quarter. Juncture Wealth Strategies LLC now owns 9,826 shares of the company's stock valued at $662,000 after acquiring an additional 200 shares during the period. Finally, Rosenberg Matthew Hamilton increased its position in TotalEnergies by 5.3% in the 4th quarter. Rosenberg Matthew Hamilton now owns 4,077 shares of the company's stock valued at $275,000 after acquiring an additional 205 shares during the period. 13.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

TotalEnergies Stock Performance

TTE traded down $0.81 during trading on Wednesday, reaching $71.66. The company's stock had a trading volume of 894,434 shares, compared to its average volume of 1,688,524. The company's fifty day moving average price is $69.12 and its 200-day moving average price is $67.29. The company has a market capitalization of $168.52 billion, a price-to-earnings ratio of 8.09, a price-to-earnings-growth ratio of 1.68 and a beta of 0.72. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.90 and a current ratio of 1.09. TotalEnergies SE has a 52-week low of $54.94 and a 52-week high of $74.97.

TotalEnergies (NYSE:TTE - Get Free Report) last announced its quarterly 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 firm had revenue of $54.77 billion for the quarter, compared to analysts' expectations of $55.14 billion. TotalEnergies had a return on equity of 18.30% and a net margin of 9.52%. During the same period last year, the firm earned $2.97 EPS. On average, equities analysts forecast that TotalEnergies SE will post 9.28 earnings per share for the current fiscal year.

Insider Transactions at TotalEnergies

In related news, Director Se Totalenergies bought 196,964 shares of the stock in a transaction on Thursday, March 28th. The shares were purchased at an average price of $22.86 per share, for a total transaction of $4,502,597.04. Following the acquisition, the director now owns 295,235 shares in the company, valued at $6,749,072.10. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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.