TotalEnergies SE (NYSE:TTE) Shares Sold by Juncture Wealth Strategies LLC

Juncture Wealth Strategies LLC decreased its holdings in shares of TotalEnergies SE (NYSE:TTE) by 17.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,827 shares of the company’s stock after selling 1,200 shares during the quarter. Juncture Wealth Strategies LLC’s holdings in TotalEnergies were worth $377,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Bruce G. Allen Investments LLC lifted its position in TotalEnergies by 48.1% during the third quarter. Bruce G. Allen Investments LLC now owns 3,542 shares of the company’s stock worth $229,000 after buying an additional 1,150 shares during the period. Wedmont Private Capital lifted its holdings in shares of TotalEnergies by 5.4% during the 3rd quarter. Wedmont Private Capital now owns 6,990 shares of the company’s stock worth $485,000 after acquiring an additional 360 shares during the period. Daymark Wealth Partners LLC boosted its position in shares of TotalEnergies by 9.8% in the third quarter. Daymark Wealth Partners LLC now owns 30,767 shares of the company’s stock worth $1,988,000 after acquiring an additional 2,751 shares during the last quarter. Dynamic Advisor Solutions LLC grew its holdings in TotalEnergies by 14.0% in the third quarter. Dynamic Advisor Solutions LLC now owns 7,537 shares of the company’s stock valued at $487,000 after purchasing an additional 923 shares during the period. Finally, Boit C F David acquired a new position in TotalEnergies during the third quarter worth approximately $32,000. Hedge funds and other institutional investors own 13.22% of the company’s stock.

TotalEnergies Price Performance

Shares of NYSE TTE opened at $68.28 on Friday. The company has a market capitalization of $161.24 billion, a price-to-earnings ratio of 7.74, a PEG ratio of 1.85 and a beta of 0.63. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.11 and a quick ratio of 0.87. TotalEnergies SE has a 1-year low of $62.59 and a 1-year high of $74.97. The business has a 50-day moving average of $67.80 and a 200-day moving average of $69.39.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings data on Thursday, July 25th. The company reported $1.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.11 by ($0.13). TotalEnergies had a net margin of 9.49% and a return on equity of 17.92%. The firm had revenue of $53.74 billion during the quarter, compared to analyst estimates of $60.45 billion. During the same period last year, the business earned $1.99 EPS. On average, equities analysts anticipate that TotalEnergies SE will post 8.34 EPS for the current fiscal year.

Analyst Ratings Changes

TTE has been the topic of a number of research analyst reports. UBS Group upgraded shares of TotalEnergies to a “strong-buy” rating in a report on Wednesday. Barclays raised TotalEnergies to a “strong-buy” rating in a research report on Wednesday, October 2nd. The Goldman Sachs Group upgraded TotalEnergies to a “hold” rating in a report on Thursday, October 3rd. Wolfe Research started coverage on TotalEnergies in a report on Thursday, July 18th. They set an “outperform” rating and a $87.00 target price for the company. Finally, Scotiabank cut their price target on shares of TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating on the stock in a report on Thursday. 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $78.75.

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.