Aviso Financial Inc. Has $2.33 Million Position in TotalEnergies SE (NYSE:TTE)

Aviso Financial Inc. grew its holdings in shares of TotalEnergies SE (NYSE:TTE) by 1.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 42,678 shares of the company’s stock after acquiring an additional 624 shares during the quarter. Aviso Financial Inc.’s holdings in TotalEnergies were worth $2,326,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Integrated Wealth Concepts LLC grew its holdings in TotalEnergies by 1.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 16,795 shares of the company’s stock worth $1,085,000 after acquiring an additional 169 shares during the period. Tradition Wealth Management LLC grew its holdings in TotalEnergies by 2.5% during the 3rd quarter. Tradition Wealth Management LLC now owns 7,124 shares of the company’s stock worth $460,000 after acquiring an additional 171 shares during the period. Apollon Wealth Management LLC grew its holdings in TotalEnergies by 4.1% during the 4th quarter. Apollon Wealth Management LLC now owns 4,448 shares of the company’s stock worth $242,000 after acquiring an additional 174 shares during the period. Continuum Advisory LLC grew its stake in shares of TotalEnergies by 70.4% in the 3rd quarter. Continuum Advisory LLC now owns 443 shares of the company’s stock valued at $27,000 after buying an additional 183 shares during the period. Finally, First Horizon Advisors Inc. grew its stake in shares of TotalEnergies by 9.1% in the 4th quarter. First Horizon Advisors Inc. now owns 2,217 shares of the company’s stock valued at $121,000 after buying an additional 184 shares during the period. 16.53% of the stock is currently owned by institutional investors and hedge funds.

TotalEnergies Price Performance

TotalEnergies stock opened at $61.90 on Friday. TotalEnergies SE has a 52 week low of $53.29 and a 52 week high of $74.97. The company’s 50 day moving average price is $59.54 and its two-hundred day moving average price is $61.48. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.36. The stock has a market cap of $148.42 billion, a P/E ratio of 9.29, a P/E/G ratio of 0.98 and a beta of 0.56.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.16. TotalEnergies had a net margin of 7.34% and a return on equity of 15.22%. On average, equities analysts predict that TotalEnergies SE will post 8.02 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on TTE. Royal Bank of Canada upgraded TotalEnergies from a “sector perform” rating to an “outperform” rating in a research note on Thursday, December 5th. BNP Paribas downgraded TotalEnergies from an “outperform” rating to a “neutral” rating in a research note on Wednesday, November 27th. Redburn Atlantic upgraded TotalEnergies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 23rd. Piper Sandler reduced their target price on TotalEnergies from $77.00 to $62.00 and set a “neutral” rating for the company in a research note on Thursday, December 19th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $64.10 price target (down previously from $70.40) on shares of TotalEnergies in a research report on Tuesday, January 7th. Six research analysts have rated the stock with a hold rating, two have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.42.

About TotalEnergies

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.