Heritage Oak Wealth Advisors LLC purchased a new position in shares of TotalEnergies SE (NYSE:TTE – Free Report) 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.
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.
Check Out Our Latest Analysis on TTE
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.
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