Hennion & Walsh Asset Management Inc. Has $709,000 Holdings in TotalEnergies SE (NYSE:TTE)

Hennion & Walsh Asset Management Inc. grew its stake in TotalEnergies SE (NYSE:TTE) by 93.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,303 shares of the company’s stock after purchasing an additional 4,979 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in TotalEnergies were worth $709,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. PDS Planning Inc raised its stake in shares of TotalEnergies by 2.3% in the 4th quarter. PDS Planning Inc now owns 6,839 shares of the company’s stock valued at $461,000 after buying an additional 156 shares in the last quarter. Kestra Private Wealth Services LLC raised its position in TotalEnergies by 1.0% in the fourth quarter. Kestra Private Wealth Services LLC now owns 18,496 shares of the company’s stock worth $1,246,000 after purchasing an additional 179 shares in the last quarter. Juncture Wealth Strategies LLC lifted its stake in TotalEnergies by 2.1% during the fourth quarter. Juncture Wealth Strategies LLC now owns 9,826 shares of the company’s stock worth $662,000 after purchasing an additional 200 shares during the period. Rosenberg Matthew Hamilton boosted its holdings in TotalEnergies by 5.3% during the fourth quarter. Rosenberg Matthew Hamilton now owns 4,077 shares of the company’s stock valued at $275,000 after purchasing an additional 205 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its stake in shares of TotalEnergies by 38.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 788 shares of the company’s stock valued at $53,000 after purchasing an additional 220 shares during the period. Institutional investors own 13.22% of the company’s stock.

TotalEnergies Price Performance

TotalEnergies stock opened at $68.65 on Wednesday. The business’s fifty day moving average is $70.53 and its two-hundred day moving average is $68.34. 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 firm has a market cap of $162.11 billion, a P/E ratio of 7.75, a P/E/G ratio of 1.66 and a beta of 0.64. TotalEnergies SE has a 52 week low of $54.94 and a 52 week high of $74.97.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings data on Friday, April 26th. The company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.18. TotalEnergies had a net margin of 9.52% and a return on equity of 18.30%. The firm had revenue of $56.28 billion for the quarter, compared to analyst estimates of $59.64 billion. Equities research analysts forecast that TotalEnergies SE will post 9.16 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on the company. Scotiabank boosted 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. Piper Sandler upped their target price on shares of TotalEnergies from $75.00 to $79.00 and gave the stock a “neutral” rating in a report on Thursday, April 18th. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, TotalEnergies has a consensus rating of “Hold” and a consensus target price of $70.75.

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.