Baader Bank Aktiengesellschaft Invests $556,000 in TotalEnergies SE (NYSE:TTE)

Baader Bank Aktiengesellschaft bought a new stake in shares of TotalEnergies SE (NYSE:TTE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 10,222 shares of the company’s stock, valued at approximately $556,000.

A number of other large investors also recently bought and sold shares of the business. FMR LLC boosted its holdings in TotalEnergies by 2.7% in the 3rd quarter. FMR LLC now owns 12,445,228 shares of the company’s stock worth $804,211,000 after buying an additional 324,033 shares during the last quarter. Franklin Resources Inc. increased its position in shares of TotalEnergies by 62.7% during the third quarter. Franklin Resources Inc. now owns 4,012,961 shares of the company’s stock worth $273,323,000 after purchasing an additional 1,546,866 shares in the last quarter. Raymond James & Associates raised its stake in TotalEnergies by 0.6% in the 3rd quarter. Raymond James & Associates now owns 2,320,091 shares of the company’s stock valued at $149,924,000 after purchasing an additional 13,022 shares during the last quarter. Natixis Advisors LLC lifted its holdings in TotalEnergies by 4.9% in the 3rd quarter. Natixis Advisors LLC now owns 2,266,950 shares of the company’s stock valued at $146,490,000 after purchasing an additional 106,347 shares in the last quarter. Finally, Equity Investment Corp boosted its stake in TotalEnergies by 2.3% during the 3rd quarter. Equity Investment Corp now owns 1,862,312 shares of the company’s stock worth $120,343,000 after purchasing an additional 41,564 shares during the last quarter. Institutional investors and hedge funds own 16.53% of the company’s stock.

TotalEnergies Trading Up 0.9 %

NYSE TTE opened at $58.68 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.10 and a quick ratio of 0.88. The stock has a market capitalization of $138.56 billion, a P/E ratio of 8.32, a PEG ratio of 2.03 and a beta of 0.61. The firm’s 50-day moving average is $56.69 and its two-hundred day moving average is $62.97. TotalEnergies SE has a 12 month low of $53.29 and a 12 month high of $74.97.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings data on Thursday, October 31st. The company reported $1.74 EPS for the quarter, missing the consensus estimate of $1.84 by ($0.10). TotalEnergies had a return on equity of 15.93% and a net margin of 7.78%. The company had revenue of $52.02 billion during the quarter, compared to analyst estimates of $57.03 billion. During the same quarter in the prior year, the company posted $2.63 earnings per share. On average, sell-side analysts anticipate that TotalEnergies SE will post 7.73 earnings per share for the current year.

TotalEnergies Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 21st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.8308 per share. The ex-dividend date was Tuesday, December 31st. TotalEnergies’s dividend payout ratio is currently 34.04%.

Analyst Ratings Changes

A number of brokerages have recently commented on TTE. BNP Paribas cut shares of TotalEnergies from an “outperform” rating to a “neutral” rating in a research report on Wednesday, November 27th. The Goldman Sachs Group upgraded TotalEnergies to a “hold” rating in a report on Thursday, October 3rd. Piper Sandler cut their price target on TotalEnergies from $77.00 to $62.00 and set a “neutral” rating for the company in a report on Thursday, December 19th. Redburn Atlantic raised TotalEnergies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada raised shares of TotalEnergies from a “sector perform” rating to an “outperform” rating in a research report on Thursday, December 5th. Six equities research analysts have rated the stock with a hold rating, two have given a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, TotalEnergies has a consensus rating of “Moderate Buy” and a consensus target price of $72.42.

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.