10,797 Shares in TotalEnergies SE (NYSE:TTE) Acquired by Founders Financial Securities LLC

Founders Financial Securities LLC bought a new stake in TotalEnergies SE (NYSE:TTE) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,797 shares of the company’s stock, valued at approximately $743,000.

Several other hedge funds also recently bought and sold shares of TTE. PDS Planning Inc raised its position in TotalEnergies by 2.3% during the fourth quarter. PDS Planning Inc now owns 6,839 shares of the company’s stock worth $461,000 after acquiring an additional 156 shares in the last quarter. Kestra Private Wealth Services LLC lifted its stake in TotalEnergies by 1.0% in the 4th quarter. Kestra Private Wealth Services LLC now owns 18,496 shares of the company’s stock valued at $1,246,000 after purchasing an additional 179 shares during the last quarter. Juncture Wealth Strategies LLC grew its holdings in TotalEnergies by 2.1% during the fourth quarter. Juncture Wealth Strategies LLC now owns 9,826 shares of the company’s stock worth $662,000 after purchasing an additional 200 shares during the period. Rosenberg Matthew Hamilton increased its position in TotalEnergies by 5.3% during the fourth 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. Finally, Parkside Financial Bank & Trust raised its stake in TotalEnergies by 38.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 788 shares of the company’s stock valued at $53,000 after buying an additional 220 shares during the period. 13.22% of the stock is currently owned by institutional investors and hedge funds.

TotalEnergies Stock Performance

Shares of NYSE:TTE traded up $0.09 on Friday, reaching $66.68. 1,788,010 shares of the company’s stock were exchanged, compared to its average volume of 1,614,741. 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 SE has a twelve month low of $54.94 and a twelve month high of $74.97. The company has a fifty day moving average of $70.70 and a 200-day moving average of $68.31. The company has a market capitalization of $156.81 billion, a price-to-earnings ratio of 7.53, a PEG ratio of 1.66 and a beta of 0.67.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings data on Friday, April 26th. The company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.18. The firm had revenue of $56.28 billion for the quarter, compared to analyst estimates of $59.64 billion. TotalEnergies had a return on equity of 18.30% and a net margin of 9.52%. On average, research analysts predict that TotalEnergies SE will post 9.16 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on TTE shares. Piper Sandler boosted their target price on TotalEnergies from $75.00 to $79.00 and gave the stock a “neutral” rating in a report on Thursday, April 18th. Scotiabank upped their target price on TotalEnergies from $74.00 to $86.00 and gave the company a “sector perform” rating in a research report on Thursday, April 11th. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $70.75.

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.