EverSource Wealth Advisors LLC raised its position in TotalEnergies SE (NYSE:TTE – Free Report) by 8.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,015 shares of the company’s stock after acquiring an additional 228 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in TotalEnergies were worth $218,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in the company. Private Trust Co. NA lifted its stake in TotalEnergies by 1.6% in the first quarter. Private Trust Co. NA now owns 9,273 shares of the company’s stock worth $638,000 after acquiring an additional 149 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of TotalEnergies by 3.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,379 shares of the company’s stock worth $301,000 after buying an additional 153 shares during the last quarter. PDS Planning Inc lifted its position in shares of TotalEnergies by 2.3% during the 4th quarter. PDS Planning Inc now owns 6,839 shares of the company’s stock worth $461,000 after buying an additional 156 shares during the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of TotalEnergies by 1.0% during the 4th quarter. Kestra Private Wealth Services LLC now owns 18,496 shares of the company’s stock worth $1,246,000 after buying an additional 179 shares during the last quarter. Finally, Delta Financial Group Inc. lifted its position in shares of TotalEnergies by 3.1% during the 1st quarter. Delta Financial Group Inc. now owns 6,250 shares of the company’s stock worth $430,000 after buying an additional 190 shares during the last quarter. Hedge funds and other institutional investors own 13.22% of the company’s stock.
TotalEnergies Stock Performance
TTE stock traded down $0.37 on Friday, hitting $66.56. The company’s stock had a trading volume of 1,572,668 shares, compared to its average volume of 1,100,544. The firm has a 50 day moving average of $68.58 and a two-hundred day moving average of $68.51. TotalEnergies SE has a 1 year low of $58.53 and a 1 year high of $74.97. The stock has a market cap of $157.18 billion, a price-to-earnings ratio of 7.51, a price-to-earnings-growth ratio of 1.70 and a beta of 0.64. The company has a current ratio of 1.11, a quick ratio of 0.87 and a debt-to-equity ratio of 0.35.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on TTE shares. Scotiabank reduced their price objective on shares of TotalEnergies from $86.00 to $80.00 and set a “sector perform” rating for the company in a research report on Friday, July 12th. Wolfe Research started coverage on shares of TotalEnergies in a research report on Thursday, July 18th. They set an “outperform” rating and a $87.00 price objective for the company. Finally, Piper Sandler boosted their price objective on shares of TotalEnergies from $75.00 to $79.00 and gave the stock a “neutral” rating in a research report on Thursday, April 18th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, TotalEnergies presently has an average rating of “Hold” and a consensus price target of $76.00.
Read Our Latest Report on TotalEnergies
About TotalEnergies
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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