4,766 Shares in TotalEnergies SE (NYSE:TTE) Purchased by Heritage Oak Wealth Advisors LLC

Heritage Oak Wealth Advisors LLC purchased a new position in shares of TotalEnergies SE (NYSE:TTE) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 4,766 shares of the company’s stock, valued at approximately $308,000.

Other institutional investors and hedge funds have also modified their holdings of the company. North Star Investment Management Corp. boosted its stake in TotalEnergies by 310.0% during the 1st quarter. North Star Investment Management Corp. now owns 410 shares of the company’s stock worth $28,000 after acquiring an additional 310 shares during the last quarter. Larson Financial Group LLC lifted its position in shares of TotalEnergies by 100.5% in the second quarter. Larson Financial Group LLC now owns 423 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares in the last quarter. Pathway Financial Advisers LLC acquired a new position in TotalEnergies during the first quarter worth $29,000. Boit C F David bought a new position in TotalEnergies in the third quarter valued at $32,000. Finally, Maryland Capital Advisors Inc. bought a new stake in TotalEnergies during the 3rd quarter worth about $32,000. 13.22% of the stock is owned by institutional investors.

TotalEnergies Trading Up 0.6 %

Shares of TTE stock traded up $0.42 during trading hours on Friday, hitting $65.31. 251,935 shares of the company’s stock traded hands, compared to its average volume of 1,428,058. The stock has a market cap of $154.23 billion, a PE ratio of 7.36, a price-to-earnings-growth ratio of 2.24 and a beta of 0.63. The stock’s 50 day simple moving average is $67.49 and its 200 day simple moving average is $69.06. 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 12 month low of $62.59 and a 12 month high of $74.97.

TotalEnergies (NYSE:TTE) last announced its earnings results on Thursday, July 25th. The company reported $1.98 EPS for the quarter, missing the consensus estimate of $2.11 by ($0.13). TotalEnergies had a net margin of 9.49% and a return on equity of 17.92%. The company had revenue of $53.74 billion during the quarter, compared to the consensus estimate of $60.45 billion. During the same quarter in the previous year, the company earned $1.99 earnings per share. On average, sell-side analysts anticipate that TotalEnergies SE will post 8.17 EPS for the current year.

Analyst Upgrades and Downgrades

TTE has been the subject of several recent research reports. The Goldman Sachs Group raised TotalEnergies to a “hold” rating in a research report on Thursday, October 3rd. Scotiabank lowered their target price on shares of TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating on the stock in a report on Thursday, October 10th. TD Cowen downgraded shares of TotalEnergies from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 30th. Barclays upgraded TotalEnergies to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, Wolfe Research assumed coverage on shares of TotalEnergies in a research report on Thursday, July 18th. They issued an “outperform” rating and a $87.00 price objective on the stock. Five equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $78.75.

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.