TotalEnergies SE (NYSE:TTE) Shares Acquired by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC increased its holdings in shares of TotalEnergies SE (NYSE:TTE) by 0.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,561 shares of the company’s stock after purchasing an additional 562 shares during the period. TotalEnergies accounts for 1.0% of Hohimer Wealth Management LLC’s investment portfolio, making the stock its 26th largest holding. Hohimer Wealth Management LLC’s holdings in TotalEnergies were worth $4,081,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of TTE. Envestnet Asset Management Inc. lifted its holdings in shares of TotalEnergies by 27.1% during the third quarter. Envestnet Asset Management Inc. now owns 2,765,323 shares of the company’s stock worth $181,848,000 after purchasing an additional 590,372 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of TotalEnergies by 6,549.9% in the fourth quarter. International Assets Investment Management LLC now owns 503,396 shares of the company’s stock valued at $33,919,000 after acquiring an additional 495,826 shares in the last quarter. Natixis Advisors L.P. increased its stake in shares of TotalEnergies by 29.4% during the fourth quarter. Natixis Advisors L.P. now owns 1,988,119 shares of the company’s stock worth $133,959,000 after acquiring an additional 451,597 shares during the period. HighTower Advisors LLC raised its holdings in TotalEnergies by 207.8% during the third quarter. HighTower Advisors LLC now owns 667,732 shares of the company’s stock worth $43,934,000 after purchasing an additional 450,788 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its position 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 during the period. 13.22% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at TotalEnergies

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on TTE. Piper Sandler boosted their target price on TotalEnergies from $75.00 to $79.00 and gave the stock a “neutral” rating in a research report on Thursday, April 18th. Scotiabank raised their target price 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, According to data from MarketBeat, TotalEnergies currently has an average rating of “Hold” and an average price target of $70.75.

TotalEnergies Price Performance

TTE stock traded down $0.07 during midday trading on Thursday, hitting $70.40. 876,159 shares of the stock were exchanged, compared to its average volume of 1,560,212. The stock’s 50-day moving average price is $71.53 and its 200-day moving average price is $67.95. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.87 and a current ratio of 1.09. The stock has a market cap of $165.56 billion, a price-to-earnings ratio of 7.95, a PEG ratio of 1.81 and a beta of 0.70. TotalEnergies SE has a fifty-two week low of $54.94 and a fifty-two week high of $74.97.

TotalEnergies (NYSE:TTE) last released its quarterly earnings results on Friday, April 26th. The company reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.18. TotalEnergies had a return on equity of 18.30% and a net margin of 9.52%. The business had revenue of $56.28 billion during the quarter, compared to the consensus estimate of $59.64 billion. Research analysts predict that TotalEnergies SE will post 9.08 earnings per share for the current year.

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.