5,130 Shares in TotalEnergies SE (NYSE:TTE) Acquired by Nwam LLC

Nwam LLC acquired a new stake in TotalEnergies SE (NYSE:TTE) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,130 shares of the company’s stock, valued at approximately $332,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TTE. Raymond James Trust N.A. lifted its stake in shares of TotalEnergies by 2.3% in the 3rd quarter. Raymond James Trust N.A. now owns 79,941 shares of the company’s stock valued at $5,166,000 after purchasing an additional 1,830 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in TotalEnergies by 26.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 136,638 shares of the company’s stock valued at $8,830,000 after purchasing an additional 28,857 shares during the last quarter. Banco Santander S.A. lifted its stake in TotalEnergies by 6.8% in the third quarter. Banco Santander S.A. now owns 53,868 shares of the company’s stock valued at $3,481,000 after buying an additional 3,445 shares during the period. Pacer Advisors Inc. boosted its holdings in TotalEnergies by 3.4% during the third quarter. Pacer Advisors Inc. now owns 588,079 shares of the company’s stock worth $38,002,000 after buying an additional 19,214 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in shares of TotalEnergies by 4.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 133,647 shares of the company’s stock worth $8,636,000 after buying an additional 5,481 shares during the period. 13.22% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. The Goldman Sachs Group upgraded shares of TotalEnergies to a “hold” rating in a research report on Thursday, October 3rd. UBS Group upgraded shares of TotalEnergies to a “strong-buy” rating in a report on Wednesday, October 9th. Barclays raised shares of TotalEnergies to a “strong-buy” rating in a report on Wednesday, October 2nd. Scotiabank dropped their price objective on TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 10th. Finally, TD Cowen cut TotalEnergies from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 30th. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, TotalEnergies has a consensus rating of “Moderate Buy” and an average price target of $78.75.

TotalEnergies Trading Down 0.6 %

Shares of NYSE:TTE opened at $59.66 on Monday. The firm has a market cap of $140.88 billion, a price-to-earnings ratio of 8.46, a PEG ratio of 1.93 and a beta of 0.64. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.39. TotalEnergies SE has a 12 month low of $58.46 and a 12 month high of $74.97. The company’s fifty day simple moving average is $64.82 and its 200 day simple moving average is $67.43.

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.