TotalEnergies SE (NYSE:TTE) Stock Holdings Reduced by Zions Bancorporation N.A.

Zions Bancorporation N.A. lowered its position in TotalEnergies SE (NYSE:TTE) by 2.3% during the third quarter, HoldingsChannel.com reports. The firm owned 108,540 shares of the company’s stock after selling 2,501 shares during the quarter. Zions Bancorporation N.A.’s holdings in TotalEnergies were worth $7,014,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mather Group LLC. increased its holdings in shares of TotalEnergies by 12.4% during the 3rd quarter. Mather Group LLC. now owns 1,312 shares of the company’s stock valued at $85,000 after acquiring an additional 145 shares during the last quarter. Hexagon Capital Partners LLC increased its holdings in shares of TotalEnergies by 5.1% during the 2nd quarter. Hexagon Capital Partners LLC now owns 3,406 shares of the company’s stock valued at $227,000 after acquiring an additional 164 shares during the last quarter. Venturi Wealth Management LLC increased its holdings in shares of TotalEnergies by 0.6% during the 3rd quarter. Venturi Wealth Management LLC now owns 27,751 shares of the company’s stock valued at $1,793,000 after acquiring an additional 165 shares during the last quarter. Lake Street Advisors Group LLC increased its holdings in shares of TotalEnergies by 2.2% during the 3rd quarter. Lake Street Advisors Group LLC now owns 8,595 shares of the company’s stock valued at $563,000 after acquiring an additional 181 shares during the last quarter. Finally, Opal Wealth Advisors LLC increased its holdings in shares of TotalEnergies by 17.0% during the 2nd quarter. Opal Wealth Advisors LLC now owns 1,285 shares of the company’s stock valued at $86,000 after acquiring an additional 187 shares during the last quarter. Hedge funds and other institutional investors own 13.22% of the company’s stock.

TotalEnergies Stock Performance

TTE opened at $59.87 on Thursday. The firm has a market capitalization of $141.38 billion, a P/E ratio of 8.49, a price-to-earnings-growth ratio of 1.91 and a beta of 0.64. The stock’s 50 day moving average price is $65.70 and its two-hundred day moving average price is $68.04. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.39. TotalEnergies SE has a 12-month low of $58.46 and a 12-month high of $74.97.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Barclays raised TotalEnergies to a “strong-buy” rating in a report on Wednesday, October 2nd. Scotiabank lowered their price objective on TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating on the stock in a report on Thursday, October 10th. The Goldman Sachs Group raised TotalEnergies to a “hold” rating in a report on Thursday, October 3rd. Wolfe Research assumed coverage on TotalEnergies in a report on Thursday, July 18th. They issued an “outperform” rating and a $87.00 target price on the stock. Finally, UBS Group raised TotalEnergies to a “strong-buy” rating in a report on Wednesday, October 9th. Five research analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, TotalEnergies has a consensus rating of “Moderate Buy” and a consensus target price of $78.75.

TotalEnergies 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.