RFG Advisory LLC Makes New $533,000 Investment in TotalEnergies SE (NYSE:TTE)

RFG Advisory LLC bought a new stake in TotalEnergies SE (NYSE:TTE) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 7,907 shares of the company’s stock, valued at approximately $533,000.

Several other large investors have also recently added to or reduced their stakes in TTE. Arlington Trust Co LLC purchased a new stake in shares of TotalEnergies during the 3rd quarter worth about $31,000. Motco grew its position in TotalEnergies by 216.2% in the third quarter. Motco now owns 468 shares of the company’s stock worth $31,000 after acquiring an additional 320 shares in the last quarter. Fortis Capital Advisors LLC bought a new stake in TotalEnergies in the fourth quarter worth approximately $32,000. Parkside Financial Bank & Trust increased its stake in shares of TotalEnergies by 40.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 579 shares of the company’s stock worth $33,000 after purchasing an additional 167 shares during the last quarter. Finally, SRS Capital Advisors Inc. bought a new position in shares of TotalEnergies during the 3rd quarter valued at $36,000. Institutional investors and hedge funds own 13.22% of the company’s stock.

Insider Buying and Selling at TotalEnergies

In other TotalEnergies news, Director Se Totalenergies purchased 196,964 shares of the business’s stock in a transaction dated Thursday, March 28th. The stock was bought at an average cost of $22.86 per share, for a total transaction of $4,502,597.04. Following the completion of the acquisition, the director now directly owns 295,235 shares in the company, valued at $6,749,072.10. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Scotiabank upped their price objective on shares of TotalEnergies from $74.00 to $86.00 and gave the stock a “sector perform” rating in a report on Thursday. Piper Sandler decreased their price target on TotalEnergies from $76.00 to $75.00 and set a “neutral” rating for the company in a research note on Thursday, March 14th. Six analysts have rated the stock with a hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $69.75.

TotalEnergies Stock Performance

NYSE:TTE opened at $72.94 on Friday. The firm has a market capitalization of $171.53 billion, a PE ratio of 8.41, a PEG ratio of 1.79 and a beta of 0.72. TotalEnergies SE has a 1 year low of $54.94 and a 1 year high of $74.06. The company has a current ratio of 1.12, a quick ratio of 0.90 and a debt-to-equity ratio of 0.34. The firm’s fifty day simple moving average is $66.94 and its 200 day simple moving average is $66.58.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings results 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 business had revenue of $54.77 billion during the quarter, compared to analyst estimates of $55.14 billion. TotalEnergies had a net margin of 9.19% and a return on equity of 19.61%. During the same period in the prior year, the business posted $2.97 earnings per share. On average, sell-side analysts anticipate that TotalEnergies SE will post 9.22 EPS for the current year.

TotalEnergies Company Profile

TotalEnergies SE, a multi-energy company, produces and markets fuels, natural gas, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through Integrated Gas, Renewables & Power; Exploration & Production; Refining & Chemicals; and Marketing & Services segments.