Natixis Advisors L.P. Has $133.96 Million Position in TotalEnergies SE (NYSE:TTE)

Natixis Advisors L.P. increased its position in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 29.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,988,119 shares of the company's stock after acquiring an additional 451,597 shares during the period. Natixis Advisors L.P. owned approximately 0.08% of TotalEnergies worth $133,959,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of TTE. Commonwealth Equity Services LLC grew its holdings in TotalEnergies by 2.5% during the third quarter. Commonwealth Equity Services LLC now owns 99,102 shares of the company's stock worth $6,517,000 after acquiring an additional 2,444 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in TotalEnergies by 0.8% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 97,905 shares of the company's stock worth $6,438,000 after purchasing an additional 771 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in TotalEnergies by 3.3% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 106,259 shares of the company's stock worth $6,988,000 after purchasing an additional 3,357 shares in the last quarter. Foster & Motley Inc. increased its stake in TotalEnergies by 9.1% in the 3rd quarter. Foster & Motley Inc. now owns 37,625 shares of the company's stock worth $2,474,000 after purchasing an additional 3,154 shares in the last quarter. Finally, Arlington Trust Co LLC purchased a new position in TotalEnergies in the 3rd quarter worth about $31,000. 13.22% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Se Totalenergies purchased 196,964 shares of TotalEnergies stock in a transaction dated Thursday, March 28th. The stock was acquired at an average cost of $22.86 per share, for a total transaction of $4,502,597.04. Following the acquisition, the director now directly owns 295,235 shares in the company, valued at $6,749,072.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

TotalEnergies Stock Down 0.4 %

NYSE TTE traded down $0.29 during trading on Thursday, reaching $71.39. 1,322,299 shares of the company's stock were exchanged, compared to its average volume of 1,684,212. TotalEnergies SE has a fifty-two week low of $54.94 and a fifty-two week high of $74.97. The firm has a market capitalization of $167.89 billion, a PE ratio of 8.09, a P/E/G ratio of 1.78 and a beta of 0.70. The company has a current ratio of 1.09, a quick ratio of 0.90 and a debt-to-equity ratio of 0.31. The company's fifty day simple moving average is $69.28 and its 200-day simple moving average is $67.32.

TotalEnergies (NYSE:TTE - Get Free Report) last announced its quarterly earnings data on Wednesday, February 7th. The company reported $2.16 EPS for the quarter, missing analysts' consensus estimates of $2.43 by ($0.27). The business had revenue of $54.77 billion for the quarter, compared to analyst estimates of $55.14 billion. TotalEnergies had a return on equity of 18.30% and a net margin of 9.52%. During the same quarter in the previous year, the business posted $2.97 earnings per share. Sell-side analysts predict that TotalEnergies SE will post 9.28 EPS for the current year.

Analysts Set New Price Targets

TTE has been the topic of a number of analyst reports. Scotiabank lifted their price target on TotalEnergies from $74.00 to $86.00 and gave the stock a "sector perform" rating in a research note on Thursday, April 11th. Piper Sandler lifted 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. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $70.75.

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.