WoodTrust Financial Corp Boosts Stock Position in TotalEnergies SE (NYSE:TTE)

WoodTrust Financial Corp boosted its holdings in shares of TotalEnergies SE (NYSE:TTE) by 10.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,350 shares of the company’s stock after purchasing an additional 500 shares during the period. WoodTrust Financial Corp’s holdings in TotalEnergies were worth $368,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Key Financial Inc boosted its holdings in shares of TotalEnergies by 139.0% during the 4th quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $26,000 after buying an additional 221 shares in the last quarter. Evolution Advisers Inc. purchased a new stake in TotalEnergies in the fourth quarter worth about $29,000. Frazier Financial Advisors LLC bought a new position in shares of TotalEnergies during the fourth quarter valued at approximately $30,000. Tower Research Capital LLC TRC purchased a new position in shares of TotalEnergies during the fourth quarter valued at approximately $31,000. Finally, Creekmur Asset Management LLC bought a new stake in shares of TotalEnergies in the 4th quarter worth approximately $31,000. Institutional investors own 13.22% of the company’s stock.

TotalEnergies Stock Performance

Shares of TTE stock traded up $0.09 during trading hours on Friday, reaching $66.68. The company had a trading volume of 1,788,010 shares, compared to its average volume of 1,614,741. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.87 and a current ratio of 1.09. The business has a fifty day moving average price of $70.70 and a 200-day moving average price of $68.30. TotalEnergies SE has a one year low of $54.94 and a one year high of $74.97. The firm has a market cap of $156.81 billion, a PE ratio of 7.54, a price-to-earnings-growth ratio of 1.66 and a beta of 0.67.

TotalEnergies (NYSE:TTE) last announced its earnings results on Friday, April 26th. The company reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.18. TotalEnergies had a return on equity of 18.30% and a net margin of 9.52%. The business had revenue of $56.28 billion for the quarter, compared to analysts’ expectations of $59.64 billion. Sell-side analysts predict that TotalEnergies SE will post 9.16 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on TTE shares. Piper Sandler raised their price objective on TotalEnergies from $75.00 to $79.00 and gave the company a “neutral” rating in a research report on Thursday, April 18th. Scotiabank raised their price target on TotalEnergies from $74.00 to $86.00 and gave the company a “sector perform” rating in a report on Thursday, April 11th. Six analysts have rated the stock with a hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $70.75.

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.