Gilliland Jeter Wealth Management LLC bought a new position in TotalEnergies SE (NYSE:TTE – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,000 shares of the company’s stock, valued at approximately $202,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of TTE. Key Financial Inc increased its stake in TotalEnergies by 139.0% in the fourth quarter. Key Financial Inc now owns 380 shares of the company’s stock worth $26,000 after purchasing an additional 221 shares during the period. Evolution Advisers Inc. purchased a new stake in TotalEnergies in the fourth quarter worth $29,000. Arlington Trust Co LLC purchased a new position in shares of TotalEnergies during the third quarter valued at $31,000. Motco increased its stake in shares of TotalEnergies by 216.2% during the third quarter. Motco now owns 468 shares of the company’s stock valued at $31,000 after buying an additional 320 shares during the period. Finally, NewSquare Capital LLC purchased a new position in shares of TotalEnergies during the fourth quarter valued at $35,000. Hedge funds and other institutional investors own 13.22% of the company’s stock.
TotalEnergies Stock Up 1.1 %
TTE stock traded up $0.81 during trading on Friday, reaching $74.56. 2,495,383 shares of the company traded hands, compared to its average volume of 1,314,394. TotalEnergies SE has a 12 month low of $54.94 and a 12 month high of $74.97. The business has a 50 day simple moving average of $68.74 and a 200 day simple moving average of $67.16. The company has a market capitalization of $175.34 billion, a price-to-earnings ratio of 8.60, a price-to-earnings-growth ratio of 1.66 and a beta of 0.72. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.90 and a current ratio of 1.12.
Analyst Ratings Changes
Several equities analysts have recently commented on TTE shares. Piper Sandler raised their price target on TotalEnergies from $75.00 to $79.00 and gave the company a “neutral” rating in a research note on Thursday, April 18th. Scotiabank raised their price target on TotalEnergies from $74.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat, TotalEnergies has an average rating of “Hold” and an average price target of $70.75.
View Our Latest Stock Report on TotalEnergies
Insider Activity at TotalEnergies
In related news, Director Se Totalenergies acquired 196,964 shares of the company’s stock in a transaction that occurred on Thursday, March 28th. The shares were bought at an average price of $22.86 per share, with a total value of $4,502,597.04. Following the completion of the transaction, the director now directly owns 295,235 shares in the company, valued at $6,749,072.10. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
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.
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