Capital Analysts LLC Has $169,000 Position in TotalEnergies SE (NYSE:TTE)

Capital Analysts LLC reduced its position in shares of TotalEnergies SE (NYSE:TTE) by 6.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,506 shares of the company’s stock after selling 175 shares during the period. Capital Analysts LLC’s holdings in TotalEnergies were worth $169,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Arlington Trust Co LLC acquired a new position in TotalEnergies in the 3rd quarter valued at $31,000. Motco raised its holdings in TotalEnergies by 216.2% in the 3rd quarter. Motco now owns 468 shares of the company’s stock valued at $31,000 after acquiring an additional 320 shares in the last quarter. Fortis Capital Advisors LLC acquired a new position in TotalEnergies in the 4th quarter valued at $32,000. Parkside Financial Bank & Trust raised its holdings in TotalEnergies by 40.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 579 shares of the company’s stock valued at $33,000 after acquiring an additional 167 shares in the last quarter. Finally, SRS Capital Advisors Inc. acquired a new position in TotalEnergies in the 3rd quarter valued at $36,000. 13.22% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TTE has been the subject of several analyst reports. Piper Sandler lifted their price objective on TotalEnergies from $75.00 to $79.00 and gave the company a “neutral” rating in a report on Thursday. Scotiabank boosted their price target on TotalEnergies from $74.00 to $86.00 and gave the stock a “sector perform” rating in a report on Thursday, April 11th. Six investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $70.75.

Insider Buying and Selling

In other news, Director Se Totalenergies acquired 196,964 shares of TotalEnergies stock in a transaction that occurred on Thursday, March 28th. The shares were acquired at an average price of $22.86 per share, for a total transaction of $4,502,597.04. Following the transaction, the director now directly owns 295,235 shares of the company’s stock, valued at approximately $6,749,072.10. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

TotalEnergies Price Performance

TotalEnergies stock opened at $70.95 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.90 and a current ratio of 1.12. TotalEnergies SE has a 52 week low of $54.94 and a 52 week high of $74.06. The stock has a market capitalization of $166.85 billion, a P/E ratio of 8.18, a price-to-earnings-growth ratio of 1.71 and a beta of 0.72. The stock has a fifty day moving average of $67.71 and a 200-day moving average of $66.78.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings results on Wednesday, February 7th. The company reported $2.16 EPS for the quarter, missing analysts’ consensus estimates of $2.43 by ($0.27). The business had revenue of $54.77 billion for the quarter, compared to analyst estimates of $55.14 billion. TotalEnergies had a return on equity of 19.61% and a net margin of 9.19%. During the same period last year, the firm posted $2.97 EPS. On average, sell-side analysts expect that TotalEnergies SE will post 9.41 earnings per share for the current fiscal year.

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.