First Horizon Advisors Inc. Acquires 194 Shares of TotalEnergies SE (NYSE:TTE)

First Horizon Advisors Inc. lifted its holdings in shares of TotalEnergies SE (NYSE:TTE) by 10.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,033 shares of the company’s stock after purchasing an additional 194 shares during the quarter. First Horizon Advisors Inc.’s holdings in TotalEnergies were worth $131,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. Toronto Dominion Bank increased its holdings in shares of TotalEnergies by 17.5% in the first quarter. Toronto Dominion Bank now owns 3,444 shares of the company’s stock valued at $237,000 after purchasing an additional 514 shares during the last quarter. Mount Yale Investment Advisors LLC raised its holdings in TotalEnergies by 19.2% in the 1st quarter. Mount Yale Investment Advisors LLC now owns 26,195 shares of the company’s stock valued at $1,803,000 after acquiring an additional 4,217 shares during the period. Silvercrest Asset Management Group LLC lifted its position in TotalEnergies by 8.9% during the first quarter. Silvercrest Asset Management Group LLC now owns 107,644 shares of the company’s stock worth $7,409,000 after acquiring an additional 8,827 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in shares of TotalEnergies during the first quarter worth approximately $710,000. Finally, Tidal Investments LLC grew its position in shares of TotalEnergies by 1.2% in the first quarter. Tidal Investments LLC now owns 63,095 shares of the company’s stock valued at $4,343,000 after purchasing an additional 756 shares during the last quarter. 13.22% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TTE has been the topic of several recent research reports. The Goldman Sachs Group upgraded TotalEnergies to a “hold” rating in a research report on Thursday, October 3rd. Barclays upgraded shares of TotalEnergies to a “strong-buy” rating in a research note on Wednesday, October 2nd. UBS Group upgraded shares of TotalEnergies to a “strong-buy” rating in a research report on Wednesday, October 9th. Scotiabank dropped their price target on shares of TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating for the company in a research report on Thursday, October 10th. Finally, TD Cowen downgraded TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 30th. Five analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, TotalEnergies presently has an average rating of “Moderate Buy” and an average price target of $78.75.

TotalEnergies Stock Down 0.6 %

NYSE TTE opened at $59.66 on Friday. The business has a fifty day moving average price of $64.82 and a two-hundred day moving average price of $67.47. The stock has a market capitalization of $140.88 billion, a PE ratio of 8.46, a PEG ratio of 1.94 and a beta of 0.64. TotalEnergies SE has a fifty-two week low of $58.46 and a fifty-two week high of $74.97. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.10 and a quick ratio of 0.88.

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.