TotalEnergies SE (NYSE:TTE) Stock Holdings Lifted by Clarius Group LLC

Clarius Group LLC boosted its position in shares of TotalEnergies SE (NYSE:TTE) by 6.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,707 shares of the company’s stock after purchasing an additional 415 shares during the period. Clarius Group LLC’s holdings in TotalEnergies were worth $366,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. CWA Asset Management Group LLC acquired a new stake in TotalEnergies in the 3rd quarter valued at approximately $823,000. Crossmark Global Holdings Inc. raised its position in TotalEnergies by 48.3% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 167,364 shares of the company’s stock worth $10,815,000 after purchasing an additional 54,478 shares during the last quarter. Logan Capital Management Inc. lifted its position in TotalEnergies by 22.8% during the 3rd quarter. Logan Capital Management Inc. now owns 71,757 shares of the company’s stock valued at $4,637,000 after purchasing an additional 13,331 shares during the period. FMR LLC grew its holdings in TotalEnergies by 2.7% during the 3rd quarter. FMR LLC now owns 12,445,228 shares of the company’s stock worth $804,211,000 after acquiring an additional 324,033 shares during the period. Finally, Equity Investment Corp grew its holdings in TotalEnergies by 2.3% during the third quarter. Equity Investment Corp now owns 1,862,312 shares of the company’s stock valued at $120,343,000 after purchasing an additional 41,564 shares during the period. 16.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TTE has been the subject of a number of research reports. BNP Paribas downgraded TotalEnergies from an “outperform” rating to a “neutral” rating in a report on Wednesday, November 27th. Royal Bank of Canada upgraded TotalEnergies from a “sector perform” rating to an “outperform” rating in a research report on Thursday, December 5th. Piper Sandler reduced their target price on TotalEnergies from $77.00 to $62.00 and set a “neutral” rating on the stock in a report on Thursday, December 19th. Morgan Stanley restated an “equal weight” rating and set a $64.10 price objective (down previously from $70.40) on shares of TotalEnergies in a research report on Tuesday, January 7th. Finally, TD Cowen cut shares of TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 30th. Six analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $72.42.

TotalEnergies Stock Performance

TotalEnergies stock opened at $59.47 on Monday. TotalEnergies SE has a fifty-two week low of $53.29 and a fifty-two week high of $74.97. The stock has a market cap of $140.43 billion, a price-to-earnings ratio of 8.43, a PEG ratio of 1.96 and a beta of 0.61. The stock’s 50 day simple moving average is $57.01 and its two-hundred day simple moving average is $63.55. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.88 and a current ratio of 1.10.

TotalEnergies Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, January 21st. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.8308 per share. The ex-dividend date is Tuesday, December 31st. TotalEnergies’s payout ratio is presently 34.75%.

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.