Lantz Financial LLC Sells 960 Shares of TotalEnergies SE (NYSE:TTE)

Lantz Financial LLC trimmed its holdings in shares of TotalEnergies SE (NYSE:TTE) by 7.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,575 shares of the company’s stock after selling 960 shares during the quarter. Lantz Financial LLC’s holdings in TotalEnergies were worth $797,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Wedmont Private Capital grew its holdings in shares of TotalEnergies by 13.2% during the 1st quarter. Wedmont Private Capital now owns 6,410 shares of the company’s stock worth $468,000 after purchasing an additional 745 shares in the last quarter. Perpetual Ltd lifted its holdings in shares of TotalEnergies by 3.0% during the 1st quarter. Perpetual Ltd now owns 18,323 shares of the company’s stock worth $1,254,000 after acquiring an additional 537 shares during the period. Mather Group LLC. acquired a new stake in shares of TotalEnergies during the 1st quarter worth approximately $55,000. GAMMA Investing LLC raised its position in TotalEnergies by 9.5% during the first quarter. GAMMA Investing LLC now owns 3,237 shares of the company’s stock valued at $223,000 after purchasing an additional 282 shares in the last quarter. Finally, Confluence Investment Management LLC acquired a new stake in shares of TotalEnergies in the 1st quarter valued at $832,000. Institutional investors and hedge funds own 13.22% of the company’s stock.

TotalEnergies Trading Down 1.1 %

Shares of TotalEnergies stock traded down $0.74 on Friday, hitting $65.74. The stock had a trading volume of 959,777 shares, compared to its average volume of 1,567,675. The stock has a 50 day moving average of $71.31 and a 200 day moving average of $68.26. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.87 and a current ratio of 1.09. TotalEnergies SE has a twelve month low of $54.94 and a twelve month high of $74.97. The firm has a market capitalization of $154.60 billion, a P/E ratio of 7.45, a PEG ratio of 1.68 and a beta of 0.67.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings results on Friday, April 26th. The company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.18. The company had revenue of $56.28 billion for the quarter, compared to analyst estimates of $59.64 billion. TotalEnergies had a net margin of 9.52% and a return on equity of 18.30%. Sell-side analysts expect that TotalEnergies SE will post 9.08 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

TTE has been the subject of a number of research analyst reports. Piper Sandler boosted their price target on TotalEnergies from $75.00 to $79.00 and gave the stock a “neutral” rating in a report on Thursday, April 18th. Scotiabank increased their target price on shares of 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, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $70.75.

Insider Activity at TotalEnergies

In other news, Director Se Totalenergies purchased 196,964 shares of the stock in a transaction on Thursday, March 28th. The stock was purchased at an average price of $22.86 per share, for a total transaction of $4,502,597.04. Following the acquisition, the director now owns 295,235 shares in the company, valued at $6,749,072.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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.