Thoroughbred Financial Services LLC acquired a new stake in TotalEnergies SE (NYSE:TTE – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,313 shares of the company’s stock, valued at approximately $220,000.
A number of other large investors also recently modified their holdings of TTE. Fisher Asset Management LLC lifted its position in TotalEnergies by 1.8% during the fourth quarter. Fisher Asset Management LLC now owns 21,144,503 shares of the company’s stock valued at $1,424,717,000 after purchasing an additional 379,198 shares during the last quarter. Capital International Investors lifted its position in TotalEnergies by 2.1% during the first quarter. Capital International Investors now owns 4,858,097 shares of the company’s stock valued at $334,383,000 after purchasing an additional 100,059 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in TotalEnergies by 3.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,592,234 shares of the company’s stock valued at $174,665,000 after purchasing an additional 86,642 shares during the last quarter. Natixis Advisors LLC lifted its position in TotalEnergies by 3.4% during the second quarter. Natixis Advisors LLC now owns 2,160,603 shares of the company’s stock valued at $144,069,000 after purchasing an additional 71,658 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its position in TotalEnergies by 1.5% during the first quarter. Clearbridge Investments LLC now owns 2,039,311 shares of the company’s stock valued at $140,366,000 after purchasing an additional 31,123 shares during the last quarter. 13.22% of the stock is currently owned by institutional investors.
TotalEnergies Trading Up 0.4 %
Shares of TTE opened at $68.36 on Wednesday. The firm has a market cap of $161.43 billion, a price-to-earnings ratio of 7.72, a PEG ratio of 1.76 and a beta of 0.64. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.87 and a current ratio of 1.11. TotalEnergies SE has a fifty-two week low of $62.28 and a fifty-two week high of $74.97. The firm has a 50 day moving average price of $67.90 and a 200-day moving average price of $69.32.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on TTE shares. Wolfe Research started coverage on shares of TotalEnergies in a research report on Thursday, July 18th. They set an “outperform” rating and a $87.00 target price for the company. Scotiabank lowered their price objective on shares of TotalEnergies from $86.00 to $80.00 and set a “sector perform” rating for the company in a report on Friday, July 12th.
View Our Latest Stock Analysis on TTE
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.
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