Legacy Financial Advisors Inc. Has $876,000 Stock Holdings in TotalEnergies SE (NYSE:TTE)

Legacy Financial Advisors Inc. raised its holdings in TotalEnergies SE (NYSE:TTE) by 12.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,001 shares of the company’s stock after acquiring an additional 1,394 shares during the quarter. Legacy Financial Advisors Inc.’s holdings in TotalEnergies were worth $876,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of TTE. Fisher Asset Management LLC increased its stake in TotalEnergies by 2.0% in the fourth quarter. Fisher Asset Management LLC now owns 21,184,792 shares of the company’s stock valued at $1,427,431,000 after purchasing an additional 419,487 shares in the last quarter. FMR LLC increased its position in TotalEnergies by 0.4% in the 3rd quarter. FMR LLC now owns 12,364,753 shares of the company’s stock valued at $813,106,000 after buying an additional 52,562 shares in the last quarter. Ameriprise Financial Inc. raised its stake in TotalEnergies by 3.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,648,282 shares of the company’s stock worth $241,480,000 after buying an additional 129,960 shares during the period. American Century Companies Inc. boosted its holdings in TotalEnergies by 0.4% in the third quarter. American Century Companies Inc. now owns 3,160,760 shares of the company’s stock worth $207,852,000 after acquiring an additional 11,094 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in TotalEnergies by 27.1% in the third quarter. Envestnet Asset Management Inc. now owns 2,765,323 shares of the company’s stock valued at $181,848,000 after acquiring an additional 590,372 shares during the period. Institutional investors and hedge funds own 13.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TTE. Scotiabank upped their target price on TotalEnergies from $74.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Piper Sandler lifted 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. Six analysts have rated the stock with a hold rating, According to MarketBeat, TotalEnergies presently has a consensus rating of “Hold” and a consensus price target of $70.75.

Insider Transactions at TotalEnergies

In related news, Director Se Totalenergies bought 196,964 shares of the company’s stock in a transaction on Thursday, March 28th. The shares were purchased at an average cost of $22.86 per share, for a total transaction of $4,502,597.04. Following the completion of the purchase, the director now directly owns 295,235 shares in the company, valued at $6,749,072.10. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

TotalEnergies Stock Up 0.3 %

Shares of TTE stock traded up $0.23 on Friday, hitting $71.63. The stock had a trading volume of 744,251 shares, compared to its average volume of 1,386,107. TotalEnergies SE has a 12-month low of $54.94 and a 12-month high of $74.97. The stock has a market cap of $168.45 billion, a price-to-earnings ratio of 8.08, a price-to-earnings-growth ratio of 1.78 and a beta of 0.70. The business has a 50 day moving average of $69.56 and a 200 day moving average of $67.38. 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 (NYSE:TTE) last posted its earnings results on Wednesday, February 7th. The company reported $2.16 EPS for the quarter, missing the consensus estimate of $2.43 by ($0.27). The firm had revenue of $54.77 billion for the quarter, compared to the consensus estimate of $55.14 billion. TotalEnergies had a return on equity of 18.30% and a net margin of 9.52%. During the same period in the prior year, the business earned $2.97 EPS. As a group, analysts expect that TotalEnergies SE will post 9.18 EPS for the current year.

TotalEnergies 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.