TotalEnergies SE (NYSE:TTE – Get Rating) announced a quarterly dividend on Wednesday, February 22nd, Zacks reports. Shareholders of record on Tuesday, March 21st will be given a dividend of 0.543 per share on Friday, April 14th. This represents a $2.17 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date of this dividend is Monday, March 20th. This is a positive change from TotalEnergies’s previous quarterly dividend of $0.53.
TotalEnergies Stock Performance
NYSE TTE opened at $56.76 on Friday. The firm’s fifty day moving average price is $62.32 and its two-hundred day moving average price is $57.80. The stock has a market cap of $140.87 billion, a PE ratio of 7.25, a PEG ratio of 0.53 and a beta of 0.79. TotalEnergies has a fifty-two week low of $44.61 and a fifty-two week high of $65.05. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.94 and a current ratio of 1.15.
TotalEnergies (NYSE:TTE – Get Rating) last posted its earnings results on Wednesday, February 8th. The company reported $2.97 earnings per share for the quarter, topping analysts’ consensus estimates of $2.93 by $0.04. The firm had revenue of $63.88 billion for the quarter. TotalEnergies had a net margin of 7.47% and a return on equity of 30.48%. On average, equities analysts expect that TotalEnergies will post 11.61 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Hedge Funds Weigh In On TotalEnergies
Hedge funds and other institutional investors have recently bought and sold shares of the company. Fortis Capital Advisors LLC acquired a new position in shares of TotalEnergies during the fourth quarter valued at about $32,000. Financial Freedom LLC acquired a new position in shares of TotalEnergies during the fourth quarter valued at about $45,000. ICA Group Wealth Management LLC acquired a new position in shares of TotalEnergies during the fourth quarter valued at about $53,000. First Manhattan Co. raised its holdings in shares of TotalEnergies by 65.1% during the fourth quarter. First Manhattan Co. now owns 1,030 shares of the company’s stock valued at $64,000 after purchasing an additional 406 shares during the period. Finally, Acadian Asset Management LLC acquired a new position in shares of TotalEnergies during the first quarter valued at about $98,000. Institutional investors and hedge funds own 6.63% of the company’s stock.
TotalEnergies Company Profile
TotalEnergies SE engages in the exploration and production of fuels, natural gas and low carbon electricity. It operates through the following business segments: Exploration & Production; Integrated Gas, Renewables & Power; Refining & Chemicals and Marketing & Services. The Exploration & Production segment encompasses oil and natural gas exploration and production activities.
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