127,203 Shares in TotalEnergies SE (NYSE:TTE) Purchased by Guardian Partners Inc.

Guardian Partners Inc. purchased a new position in TotalEnergies SE (NYSE:TTE) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 127,203 shares of the company’s stock, valued at approximately $7,224,000.

A number of other institutional investors have also recently bought and sold shares of the stock. American Century Companies Inc. increased its stake in TotalEnergies by 1.7% in the 4th quarter. American Century Companies Inc. now owns 1,443,516 shares of the company’s stock worth $78,672,000 after purchasing an additional 24,653 shares in the last quarter. TD Private Client Wealth LLC increased its stake in TotalEnergies by 21.9% in the 4th quarter. TD Private Client Wealth LLC now owns 72,433 shares of the company’s stock worth $3,948,000 after purchasing an additional 12,995 shares in the last quarter. Independent Solutions Wealth Management LLC acquired a new stake in TotalEnergies during the 4th quarter worth about $556,000. HUB Investment Partners LLC acquired a new stake in TotalEnergies during the 4th quarter worth about $208,000. Finally, Boston Partners boosted its position in TotalEnergies by 21.7% during the 4th quarter. Boston Partners now owns 34,037 shares of the company’s stock worth $1,862,000 after acquiring an additional 6,062 shares during the period. Hedge funds and other institutional investors own 16.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on TTE shares. BNP Paribas lowered TotalEnergies from an “outperform” rating to a “neutral” rating in a research report on Wednesday, November 27th. Royal Bank of Canada upgraded TotalEnergies from a “sector perform” rating to an “outperform” rating in a research report on Thursday, December 5th. Piper Sandler decreased their price objective on TotalEnergies from $77.00 to $62.00 and set a “neutral” rating for the company in a research report on Thursday, December 19th. Redburn Atlantic upgraded TotalEnergies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 23rd. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $64.10 price target (down from $70.40) on shares of TotalEnergies in a report on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating, two have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $72.42.

TotalEnergies Trading Down 1.0 %

Shares of NYSE TTE opened at $63.39 on Friday. The stock has a market cap of $151.99 billion, a price-to-earnings ratio of 9.52, a PEG ratio of 0.98 and a beta of 0.56. The business has a 50 day simple moving average of $60.36 and a 200 day simple moving average of $61.18. TotalEnergies SE has a 52 week low of $53.29 and a 52 week high of $74.97. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.88 and a current ratio of 1.10.

TotalEnergies (NYSE:TTE) last announced its earnings results on Wednesday, February 5th. The company reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.74 by $0.16. TotalEnergies had a return on equity of 15.22% and a net margin of 7.34%. On average, research analysts predict that TotalEnergies SE will post 8.02 earnings per share for the current fiscal year.

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.