Henry James International Management Inc. Has $669,000 Stock Position in TotalEnergies SE (NYSE:TTE)

Henry James International Management Inc. trimmed its holdings in TotalEnergies SE (NYSE:TTE) by 17.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,923 shares of the company’s stock after selling 2,150 shares during the period. Henry James International Management Inc.’s holdings in TotalEnergies were worth $669,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Vestmark Advisory Solutions Inc. boosted its position in shares of TotalEnergies by 1.9% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 33,010 shares of the company’s stock valued at $2,224,000 after acquiring an additional 618 shares in the last quarter. Legacy Financial Advisors Inc. increased its position in TotalEnergies by 12.0% in the fourth quarter. Legacy Financial Advisors Inc. now owns 13,001 shares of the company’s stock worth $876,000 after purchasing an additional 1,394 shares during the period. Sapient Capital LLC bought a new stake in shares of TotalEnergies during the fourth quarter worth approximately $328,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of TotalEnergies during the 4th quarter valued at $282,000. Finally, LSV Asset Management lifted its stake in TotalEnergies by 583.3% in the fourth quarter. LSV Asset Management now owns 32,800 shares of the company’s stock valued at $2,210,000 after buying an additional 28,000 shares during the period. 13.22% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TTE has been the topic of a number of recent research reports. Piper Sandler lifted their target price on TotalEnergies from $75.00 to $79.00 and gave the company a “neutral” rating in a research report on Thursday, April 18th. Scotiabank lifted their price objective on TotalEnergies from $74.00 to $86.00 and gave the company a “sector perform” rating in a report on Thursday, April 11th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, TotalEnergies currently has an average rating of “Hold” and a consensus target price of $70.75.

Insider Activity

In related news, Director Se Totalenergies purchased 196,964 shares of TotalEnergies 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 purchase, the director now directly owns 295,235 shares of the company’s stock, valued at approximately $6,749,072.10. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

TotalEnergies Stock Up 0.3 %

NYSE TTE traded up $0.23 during mid-day trading on Friday, reaching $71.63. The stock had a trading volume of 744,251 shares, compared to its average volume of 1,386,107. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.09 and a quick ratio of 0.90. TotalEnergies SE has a 1 year low of $54.94 and a 1 year high of $74.97. The stock has a market cap of $168.45 billion, a PE ratio of 8.08, a price-to-earnings-growth ratio of 1.78 and a beta of 0.70. The company has a fifty day moving average price of $69.56 and a 200 day moving average price of $67.39.

TotalEnergies (NYSE:TTE) last released its earnings results on Wednesday, February 7th. The company reported $2.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.43 by ($0.27). TotalEnergies had a return on equity of 18.30% and a net margin of 9.52%. The firm had revenue of $54.77 billion during the quarter, compared to analysts’ expectations of $55.14 billion. During the same period in the prior year, the company posted $2.97 earnings per share. On average, research analysts expect that TotalEnergies SE will post 9.18 earnings per share for the current 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.