TotalEnergies SE (NYSE:TTE) Shares Acquired by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH grew its holdings in TotalEnergies SE (NYSE:TTE) by 8.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,762 shares of the company’s stock after purchasing an additional 450 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in TotalEnergies were worth $384,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of TTE. International Assets Investment Management LLC lifted its stake in shares of TotalEnergies by 6,549.9% in the 4th quarter. International Assets Investment Management LLC now owns 503,396 shares of the company’s stock valued at $33,919,000 after purchasing an additional 495,826 shares during the last quarter. Simplex Trading LLC purchased a new stake in shares of TotalEnergies in the 4th quarter valued at $613,000. Russell Investments Group Ltd. raised its holdings in shares of TotalEnergies by 10.2% in the 4th quarter. Russell Investments Group Ltd. now owns 106,809 shares of the company’s stock valued at $7,197,000 after buying an additional 9,892 shares during the period. Kestra Private Wealth Services LLC raised its holdings in shares of 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 buying an additional 179 shares during the period. Finally, Mission Wealth Management LP raised its holdings in shares of TotalEnergies by 10.3% in the 4th quarter. Mission Wealth Management LP now owns 8,306 shares of the company’s stock valued at $560,000 after buying an additional 773 shares during the period. Institutional investors and hedge funds own 13.22% of the company’s stock.

TotalEnergies Stock Down 1.0 %

NYSE TTE traded down $0.69 during trading hours on Friday, hitting $68.91. 1,112,811 shares of the company were exchanged, compared to its average volume of 1,434,873. The company has a 50 day moving average of $68.18 and a two-hundred day moving average of $69.01. The company has a quick ratio of 0.87, a current ratio of 1.11 and a debt-to-equity ratio of 0.35. TotalEnergies SE has a 52-week low of $62.28 and a 52-week high of $74.97. The firm has a market cap of $162.73 billion, a price-to-earnings ratio of 7.78, a PEG ratio of 1.81 and a beta of 0.64.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings results on Thursday, July 25th. The company reported $1.98 earnings per share for the quarter, missing the consensus estimate of $2.11 by ($0.13). TotalEnergies had a return on equity of 17.92% and a net margin of 9.49%. The company had revenue of $53.74 billion for the quarter, compared to analysts’ expectations of $60.45 billion. During the same quarter last year, the company earned $1.99 EPS. Equities research analysts anticipate that TotalEnergies SE will post 8.84 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on TTE shares. Wolfe Research started coverage on TotalEnergies in a report on Thursday, July 18th. They issued an “outperform” rating and a $87.00 price objective on the stock. Scotiabank cut their price objective on TotalEnergies from $86.00 to $80.00 and set a “sector perform” rating on the stock in a report on Friday, July 12th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $82.00.

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.