Natixis Advisors LLC Raises Stock Holdings in TotalEnergies SE (NYSE:TTE)

Natixis Advisors LLC boosted its holdings in TotalEnergies SE (NYSE:TTE) by 4.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,266,950 shares of the company’s stock after purchasing an additional 106,347 shares during the period. Natixis Advisors LLC owned about 0.10% of TotalEnergies worth $146,490,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Gabelli Funds LLC boosted its holdings in shares of TotalEnergies by 5.5% in the 1st quarter. Gabelli Funds LLC now owns 309,200 shares of the company’s stock worth $21,282,000 after buying an additional 16,200 shares during the last quarter. National Bank of Canada FI boosted its stake in TotalEnergies by 25.7% in the first quarter. National Bank of Canada FI now owns 275,983 shares of the company’s stock valued at $20,370,000 after acquiring an additional 56,403 shares during the last quarter. Cetera Investment Advisers grew its position in shares of TotalEnergies by 105.0% during the 1st quarter. Cetera Investment Advisers now owns 215,737 shares of the company’s stock valued at $14,849,000 after acquiring an additional 110,497 shares during the period. Pitcairn Co. purchased a new stake in shares of TotalEnergies during the 1st quarter worth approximately $592,000. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in shares of TotalEnergies during the 1st quarter worth approximately $710,000. Institutional investors own 13.22% of the company’s stock.

TotalEnergies Trading Up 0.6 %

Shares of TotalEnergies stock opened at $60.85 on Friday. The company’s 50-day moving average price is $65.47 and its 200-day moving average price is $67.89. The company has a current ratio of 1.10, a quick ratio of 0.88 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. The company has a market cap of $143.69 billion, a price-to-earnings ratio of 8.63, a PEG ratio of 1.92 and a beta of 0.64.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Scotiabank reduced their price objective on TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating for the company in a report on Thursday, October 10th. TD Cowen lowered shares of TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 30th. The Goldman Sachs Group raised shares of TotalEnergies to a “hold” rating in a research report on Thursday, October 3rd. Barclays raised shares of TotalEnergies to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, UBS Group raised shares of TotalEnergies to a “strong-buy” rating in a report on Wednesday, October 9th. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, TotalEnergies currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.75.

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.