Atria Wealth Solutions Inc. Sells 8,079 Shares of TotalEnergies SE (NYSE:TTE)

Atria Wealth Solutions Inc. lessened its holdings in TotalEnergies SE (NYSE:TTE) by 39.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,558 shares of the company’s stock after selling 8,079 shares during the period. Atria Wealth Solutions Inc.’s holdings in TotalEnergies were worth $686,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TTE. International Assets Investment Management LLC lifted its stake in shares of TotalEnergies by 6,367.4% in the 3rd quarter. International Assets Investment Management LLC now owns 367,607 shares of the company’s stock worth $23,755,000 after purchasing an additional 361,923 shares during the period. Allworth Financial LP lifted its stake in shares of TotalEnergies by 34.6% in the 3rd quarter. Allworth Financial LP now owns 4,151 shares of the company’s stock worth $268,000 after purchasing an additional 1,066 shares during the period. Arkadios Wealth Advisors lifted its stake in shares of TotalEnergies by 2.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 8,452 shares of the company’s stock worth $546,000 after purchasing an additional 242 shares during the period. PFG Investments LLC increased its holdings in TotalEnergies by 173.6% in the 3rd quarter. PFG Investments LLC now owns 10,231 shares of the company’s stock worth $661,000 after acquiring an additional 6,491 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in TotalEnergies by 67.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 52,578 shares of the company’s stock worth $3,398,000 after acquiring an additional 21,172 shares in the last quarter. Institutional investors own 16.53% of the company’s stock.

TotalEnergies Stock Down 0.3 %

NYSE TTE opened at $60.48 on Wednesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.88 and a current ratio of 1.10. The company has a market capitalization of $142.81 billion, a P/E ratio of 9.08, a P/E/G ratio of 0.98 and a beta of 0.61. TotalEnergies SE has a one year low of $53.29 and a one year high of $74.97. The stock has a 50 day moving average price of $57.99 and a 200-day moving average price of $62.03.

TotalEnergies (NYSE:TTE) last posted its earnings results on Wednesday, February 5th. The company reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.16. TotalEnergies had a return on equity of 15.22% and a net margin of 7.34%. As a group, equities analysts predict that TotalEnergies SE will post 8.02 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Royal Bank of Canada raised shares of TotalEnergies from a “sector perform” rating to an “outperform” rating in a report on Thursday, December 5th. Redburn Atlantic raised shares of TotalEnergies from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 23rd. Piper Sandler reduced their target price on shares of TotalEnergies from $77.00 to $62.00 and set a “neutral” rating for the company in a report on Thursday, December 19th. BNP Paribas lowered shares of TotalEnergies from an “outperform” rating to a “neutral” rating in a report on Wednesday, November 27th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $64.10 target price (down from $70.40) on shares of TotalEnergies in a report on Tuesday, January 7th. Six investment analysts have rated the stock with a hold rating, two have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $72.42.

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.