Strategic Advisors LLC Has $279,000 Stake in TotalEnergies SE (NYSE:TTE)

Strategic Advisors LLC decreased its stake in TotalEnergies SE (NYSE:TTE) by 26.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,057 shares of the company’s stock after selling 1,465 shares during the quarter. Strategic Advisors LLC’s holdings in TotalEnergies were worth $279,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Fisher Asset Management LLC boosted its stake in TotalEnergies by 2.0% in the fourth quarter. Fisher Asset Management LLC now owns 21,184,792 shares of the company’s stock worth $1,427,431,000 after purchasing an additional 419,487 shares in the last quarter. Wells Fargo & Company MN boosted its stake in TotalEnergies by 1.0% in the fourth quarter. Wells Fargo & Company MN now owns 6,920,067 shares of the company’s stock worth $466,274,000 after purchasing an additional 70,394 shares in the last quarter. Capital International Investors boosted its stake in TotalEnergies by 1.8% in the fourth quarter. Capital International Investors now owns 4,758,038 shares of the company’s stock worth $318,408,000 after purchasing an additional 85,969 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in TotalEnergies by 3.7% in the third quarter. Ameriprise Financial Inc. now owns 3,648,282 shares of the company’s stock worth $241,480,000 after purchasing an additional 129,960 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in TotalEnergies by 0.4% in the third quarter. American Century Companies Inc. now owns 3,160,760 shares of the company’s stock worth $207,852,000 after purchasing an additional 11,094 shares in the last quarter. Institutional investors and hedge funds own 13.22% of the company’s stock.

TotalEnergies Trading Up 0.8 %

Shares of TotalEnergies stock traded up $0.59 during trading hours on Friday, hitting $70.56. The company’s stock had a trading volume of 327,932 shares, compared to its average volume of 1,540,335. TotalEnergies SE has a 12 month low of $54.94 and a 12 month high of $74.97. The stock has a 50 day moving average of $70.40 and a 200 day moving average of $68.36. The company has a market capitalization of $166.62 billion, a PE ratio of 7.90, a price-to-earnings-growth ratio of 1.75 and a beta of 0.64. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.09 and a quick ratio of 0.87.

TotalEnergies (NYSE:TTE) last announced its quarterly earnings results on Friday, April 26th. The company reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.18. TotalEnergies had a return on equity of 18.30% and a net margin of 9.52%. The company had revenue of $56.28 billion during the quarter, compared to the consensus estimate of $59.64 billion. Analysts predict that TotalEnergies SE will post 9.16 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on TTE shares. Scotiabank upped their price target on TotalEnergies from $74.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Piper Sandler upped their price objective on TotalEnergies from $75.00 to $79.00 and gave the company a “neutral” rating in a report on Thursday, April 18th. Six analysts have rated the stock with a hold rating, According to MarketBeat, TotalEnergies has a consensus 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.