Benjamin F. Edwards & Company Inc. grew its holdings in TotalEnergies SE (NYSE:TTE - Free Report) by 1,409.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,050 shares of the company's stock after acquiring an additional 27,125 shares during the period. Benjamin F. Edwards & Company Inc.'s holdings in TotalEnergies were worth $1,957,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in TTE. Commonwealth Equity Services LLC grew its position in TotalEnergies by 2.5% in 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 in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of TotalEnergies by 0.8% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 97,905 shares of the company's stock worth $6,438,000 after buying an additional 771 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of TotalEnergies by 3.3% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 106,259 shares of the company's stock worth $6,988,000 after buying an additional 3,357 shares during the last quarter. Brown Advisory Inc. lifted its stake in shares of TotalEnergies by 20.3% in the third quarter. Brown Advisory Inc. now owns 15,082 shares of the company's stock worth $992,000 after buying an additional 2,547 shares during the last quarter. Finally, Lindbrook Capital LLC lifted its stake in shares of TotalEnergies by 34.1% in the third quarter. Lindbrook Capital LLC now owns 4,129 shares of the company's stock worth $272,000 after buying an additional 1,051 shares during the last quarter. 13.22% of the stock is owned by institutional investors.
TotalEnergies Stock Performance
NYSE:TTE traded up $0.40 during trading hours on Monday, hitting $72.03. 1,079,082 shares of the company traded hands, compared to its average volume of 1,666,455. The stock has a market capitalization of $169.39 billion, a price-to-earnings ratio of 8.13, a P/E/G ratio of 1.78 and a beta of 0.70. TotalEnergies SE has a twelve month low of $54.94 and a twelve month high of $74.97. The firm has a 50-day moving average of $69.56 and a 200 day moving average of $67.39. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.31.
TotalEnergies (NYSE:TTE - Get Free Report) last released 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 for the quarter, compared to analyst estimates of $55.14 billion. TotalEnergies had a net margin of 9.52% and a return on equity of 18.30%. During the same quarter in the previous year, the company earned $2.97 earnings per share. On average, analysts forecast that TotalEnergies SE will post 9.18 EPS for the current year.
Insider Activity at TotalEnergies
In other TotalEnergies news, Director Se Totalenergies acquired 196,964 shares of the company's stock in a transaction dated Thursday, March 28th. The stock was bought at an average price of $22.86 per share, for a total transaction of $4,502,597.04. Following the purchase, the director now owns 295,235 shares in the company, valued at approximately $6,749,072.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Analyst Ratings Changes
A number of analysts have recently weighed in on the stock. Scotiabank boosted their price objective 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 boosted their price objective 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 research analysts have rated the stock with a hold rating, Based on data from MarketBeat, TotalEnergies currently has a consensus rating of "Hold" and a consensus price target of $70.75.
Check Out Our Latest Analysis on TotalEnergies
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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