Stolper Co boosted its position in TotalEnergies SE (NYSE:TTE – Free Report) by 1.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,211 shares of the company’s stock after purchasing an additional 326 shares during the quarter. Stolper Co’s holdings in TotalEnergies were worth $1,881,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. North Star Investment Management Corp. grew its holdings in TotalEnergies by 310.0% in the first quarter. North Star Investment Management Corp. now owns 410 shares of the company’s stock worth $28,000 after purchasing an additional 310 shares during the period. Larson Financial Group LLC increased its position in TotalEnergies by 100.5% during the 2nd quarter. Larson Financial Group LLC now owns 423 shares of the company’s stock valued at $28,000 after buying an additional 212 shares in the last quarter. Pathway Financial Advisers LLC purchased a new position in TotalEnergies during the first quarter valued at $29,000. Frazier Financial Advisors LLC bought a new stake in TotalEnergies in the fourth quarter worth $30,000. Finally, Creekmur Asset Management LLC purchased a new stake in shares of TotalEnergies in the fourth quarter worth $31,000. Hedge funds and other institutional investors own 13.22% of the company’s stock.
TotalEnergies Stock Up 0.6 %
TotalEnergies stock opened at $67.71 on Friday. TotalEnergies SE has a 12 month low of $62.28 and a 12 month high of $74.97. The stock has a fifty day simple moving average of $67.92 and a two-hundred day simple moving average of $69.20. The company has a current ratio of 1.11, a quick ratio of 0.87 and a debt-to-equity ratio of 0.35. The firm has a market cap of $159.89 billion, a price-to-earnings ratio of 7.64, a PEG ratio of 1.74 and a beta of 0.64.
Wall Street Analysts Forecast Growth
TTE has been the subject of several recent analyst reports. Wolfe Research initiated coverage on TotalEnergies in a research report on Thursday, July 18th. They issued an “outperform” rating and a $87.00 price target for the company. Scotiabank reduced their price objective on shares of TotalEnergies from $86.00 to $80.00 and set a “sector perform” rating for the company in a research note on Friday, July 12th.
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.
Featured Articles
- Five stocks we like better than TotalEnergies
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Can Celsius Stock Rebound? Analysts See 74% Upside Potential
- Find and Profitably Trade Stocks at 52-Week Lows
- Kroger Stock is a Win-Win for Buy-and-Hold Investors
- How to Calculate Retirement Income: MarketBeat’s Calculator
- MarketBeat Week in Review – 9/9 – 9/13
Receive News & Ratings for TotalEnergies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TotalEnergies and related companies with MarketBeat.com's FREE daily email newsletter.