5,092 Shares in TotalEnergies SE (NYSE:TTE) Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. purchased a new position in TotalEnergies SE (NYSE:TTE) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,092 shares of the company’s stock, valued at approximately $340,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TTE. Sei Investments Co. grew its stake in TotalEnergies by 158.2% in the first quarter. Sei Investments Co. now owns 928,103 shares of the company’s stock worth $63,881,000 after purchasing an additional 568,672 shares during the period. BNP Paribas Financial Markets grew its stake in TotalEnergies by 159,211.0% in the first quarter. BNP Paribas Financial Markets now owns 434,919 shares of the company’s stock worth $29,935,000 after purchasing an additional 434,646 shares during the period. Fisher Asset Management LLC grew its stake in TotalEnergies by 1.8% in the fourth quarter. Fisher Asset Management LLC now owns 21,144,503 shares of the company’s stock worth $1,424,717,000 after purchasing an additional 379,198 shares during the period. Global Assets Advisory LLC purchased a new stake in TotalEnergies in the first quarter worth $22,081,000. Finally, Equity Investment Corp grew its stake in TotalEnergies by 20.6% in the first quarter. Equity Investment Corp now owns 1,810,041 shares of the company’s stock worth $124,585,000 after purchasing an additional 308,835 shares during the period. 13.22% of the stock is owned by hedge funds and other institutional investors.

TotalEnergies Trading Down 0.1 %

NYSE TTE opened at $69.09 on Friday. The company has a current ratio of 1.11, a quick ratio of 0.87 and a debt-to-equity ratio of 0.35. TotalEnergies SE has a 12 month low of $62.28 and a 12 month high of $74.97. The stock has a market cap of $163.15 billion, a P/E ratio of 7.80, a P/E/G ratio of 1.78 and a beta of 0.64. The stock’s fifty day moving average price is $67.90 and its 200-day moving average price is $69.35.

TotalEnergies (NYSE:TTE) last released its quarterly earnings data on Thursday, July 25th. The company reported $1.98 EPS for the quarter, missing the consensus estimate of $2.11 by ($0.13). TotalEnergies had a net margin of 9.49% and a return on equity of 17.92%. The business had revenue of $53.74 billion for the quarter, compared to analysts’ expectations of $60.45 billion. During the same period last year, the business earned $1.99 earnings per share. As a group, equities analysts forecast that TotalEnergies SE will post 8.65 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on TTE shares. Wolfe Research started coverage on TotalEnergies in a research note on Thursday, July 18th. They issued an “outperform” rating and a $87.00 target price on the stock. Scotiabank cut their target price on TotalEnergies from $86.00 to $80.00 and set a “sector perform” rating on the stock in a research note on Friday, July 12th.

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.