TotalEnergies SE (NYSE:TTE) Shares Purchased by Lantz Financial LLC

Lantz Financial LLC lifted its position in TotalEnergies SE (NYSE:TTE) by 17.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,392 shares of the company’s stock after acquiring an additional 1,814 shares during the quarter. Lantz Financial LLC’s holdings in TotalEnergies were worth $675,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Fred Alger Management LLC increased its stake in TotalEnergies by 3.0% during the second quarter. Fred Alger Management LLC now owns 69,542 shares of the company’s stock valued at $4,637,000 after purchasing an additional 2,018 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of TotalEnergies by 189.9% in the 2nd quarter. AQR Capital Management LLC now owns 11,653 shares of the company’s stock valued at $777,000 after buying an additional 7,633 shares during the period. Daymark Wealth Partners LLC grew its position in shares of TotalEnergies by 19.6% during the 2nd quarter. Daymark Wealth Partners LLC now owns 28,016 shares of the company’s stock valued at $1,868,000 after buying an additional 4,600 shares during the last quarter. Oliver Lagore Vanvalin Investment Group raised its stake in TotalEnergies by 11.4% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 32,502 shares of the company’s stock worth $2,167,000 after acquiring an additional 3,332 shares during the period. Finally, Creative Planning lifted its holdings in TotalEnergies by 9.7% in the second quarter. Creative Planning now owns 139,633 shares of the company’s stock worth $9,311,000 after acquiring an additional 12,331 shares during the last quarter. 16.53% of the stock is currently owned by institutional investors.

TotalEnergies Stock Performance

Shares of TTE opened at $58.78 on Friday. The firm has a market capitalization of $138.79 billion, a PE ratio of 8.34, a P/E/G ratio of 2.01 and a beta of 0.61. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.39. The firm has a 50-day moving average price of $56.86 and a 200 day moving average price of $63.25. TotalEnergies SE has a 52-week low of $53.29 and a 52-week high of $74.97.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings data on Thursday, October 31st. The company reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.84 by ($0.10). TotalEnergies had a net margin of 7.78% and a return on equity of 15.93%. The company had revenue of $52.02 billion during the quarter, compared to the consensus estimate of $57.03 billion. During the same quarter last year, the business earned $2.63 earnings per share. On average, sell-side analysts anticipate that TotalEnergies SE will post 7.77 earnings per share for the current fiscal year.

TotalEnergies Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 21st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.8308 per share. The ex-dividend date was Tuesday, December 31st. TotalEnergies’s dividend payout ratio (DPR) is presently 34.04%.

Analyst Ratings Changes

TTE has been the subject of several recent research reports. BNP Paribas lowered TotalEnergies from an “outperform” rating to a “neutral” rating in a report on Wednesday, November 27th. UBS Group raised shares of TotalEnergies to a “strong-buy” rating in a report on Wednesday, October 9th. Piper Sandler dropped their price objective on shares of TotalEnergies from $77.00 to $62.00 and set a “neutral” rating on the stock in a report on Thursday, December 19th. The Goldman Sachs Group raised shares of TotalEnergies to a “hold” rating in a research note on Thursday, October 3rd. Finally, Redburn Atlantic upgraded shares of TotalEnergies from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Six investment analysts have rated the stock with a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $72.42.

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.