9,100 Shares in TotalEnergies SE (NYSE:TTE) Purchased by Simplex Trading LLC

Simplex Trading LLC acquired a new position in TotalEnergies SE (NYSE:TTE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,100 shares of the company’s stock, valued at approximately $613,000.

Several other institutional investors have also bought and sold shares of the stock. Key Financial Inc lifted its holdings in TotalEnergies by 139.0% in the 4th quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $26,000 after acquiring an additional 221 shares during the last quarter. Motco lifted its holdings in TotalEnergies by 216.2% in the 3rd quarter. Motco now owns 468 shares of the company’s stock valued at $31,000 after acquiring an additional 320 shares during the last quarter. NewSquare Capital LLC acquired a new stake in TotalEnergies in the 4th quarter valued at about $35,000. SRS Capital Advisors Inc. acquired a new stake in TotalEnergies in the 3rd quarter valued at about $36,000. Finally, BKM Wealth Management LLC acquired a new stake in TotalEnergies in the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 13.22% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on TTE. Piper Sandler upped their price target on shares of TotalEnergies from $75.00 to $79.00 and gave the company a “neutral” rating in a report on Thursday, April 18th. Scotiabank upped their price target on shares of 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.com, the company presently has an average rating of “Hold” and an average target price of $70.75.

Insider Activity

In other TotalEnergies news, Director Se Totalenergies bought 196,964 shares of the company’s stock in a transaction dated Thursday, March 28th. The shares were bought at an average price of $22.86 per share, for a total transaction of $4,502,597.04. Following the acquisition, the director now directly owns 295,235 shares of the company’s stock, valued at $6,749,072.10. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

TotalEnergies Price Performance

NYSE TTE opened at $71.63 on Friday. The stock’s 50-day moving average price is $69.42 and its two-hundred day moving average price is $67.35. The company has a current ratio of 1.09, a quick ratio of 0.90 and a debt-to-equity ratio of 0.31. The company has a market cap of $168.45 billion, a PE ratio of 8.08, a PEG ratio of 1.78 and a beta of 0.70. TotalEnergies SE has a 1 year low of $54.94 and a 1 year high of $74.97.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $2.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.43 by ($0.27). The company had revenue of $54.77 billion for the quarter, compared to analyst estimates of $55.14 billion. TotalEnergies had a return on equity of 18.30% and a net margin of 9.52%. During the same quarter in the previous year, the firm posted $2.97 EPS. On average, analysts predict that TotalEnergies SE will post 9.18 EPS for the current year.

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.