International Assets Investment Management LLC increased its holdings in shares of TotalEnergies SE (NYSE:TTE - Free Report) by 6,549.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 503,396 shares of the company's stock after acquiring an additional 495,826 shares during the period. International Assets Investment Management LLC's holdings in TotalEnergies were worth $33,919,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of the business. Garland Capital Management Inc. boosted its holdings in TotalEnergies by 0.3% in the 3rd quarter. Garland Capital Management Inc. now owns 62,402 shares of the company's stock worth $4,104,000 after buying an additional 165 shares during the last quarter. Juncture Wealth Strategies LLC boosted its holdings in TotalEnergies by 2.1% in the 4th quarter. Juncture Wealth Strategies LLC now owns 9,826 shares of the company's stock worth $662,000 after buying an additional 200 shares during the last quarter. Rosenberg Matthew Hamilton boosted its holdings in TotalEnergies by 5.3% in the 4th quarter. Rosenberg Matthew Hamilton now owns 4,077 shares of the company's stock worth $275,000 after buying an additional 205 shares during the last quarter. Argonautica Private Wealth Management Inc. boosted its holdings in TotalEnergies by 4.0% in the 3rd quarter. Argonautica Private Wealth Management Inc. now owns 5,733 shares of the company's stock worth $377,000 after buying an additional 219 shares during the last quarter. Finally, SeaCrest Wealth Management LLC boosted its holdings in TotalEnergies by 4.7% in the 4th quarter. SeaCrest Wealth Management LLC now owns 4,999 shares of the company's stock worth $341,000 after buying an additional 223 shares during the last quarter. 13.22% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
TTE has been the topic of a number of research reports. Scotiabank raised their target price on shares of 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 raised their target price on shares of 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, According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $70.75.
Get Our Latest Stock Report on TotalEnergies
TotalEnergies Price Performance
TTE traded up $0.23 during trading on Friday, reaching $71.63. The company's stock had a trading volume of 744,251 shares, compared to its average volume of 1,386,107. The company has a quick ratio of 0.90, a current ratio of 1.09 and a debt-to-equity ratio of 0.31. The firm has a fifty day simple moving average of $69.56 and a two-hundred day simple moving average of $67.38. TotalEnergies SE has a 1 year low of $54.94 and a 1 year high of $74.97. The company has a market cap of $168.45 billion, a price-to-earnings ratio of 8.08, a PEG ratio of 1.78 and a beta of 0.70.
TotalEnergies (NYSE:TTE - Get Free Report) last released 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 net margin of 9.52% and a return on equity of 18.30%. During the same period in the previous year, the firm posted $2.97 EPS. As a group, analysts anticipate that TotalEnergies SE will post 9.18 EPS for the current year.
Insider Activity
In other news, Director Se Totalenergies purchased 196,964 shares of TotalEnergies stock in a transaction dated Thursday, March 28th. The shares were purchased at an average price of $22.86 per share, with a total value of $4,502,597.04. Following the transaction, the director now owns 295,235 shares in the company, valued at $6,749,072.10. The purchase was disclosed in a document filed with the SEC, which is available through this link.
About TotalEnergies
(
Free Report)
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.
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