TotalEnergies SE (NYSE:TTE) Shares Acquired by Captrust Financial Advisors

Captrust Financial Advisors increased its stake in shares of TotalEnergies SE (NYSE:TTE) by 15.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 58,419 shares of the company’s stock after acquiring an additional 7,702 shares during the period. Captrust Financial Advisors’ holdings in TotalEnergies were worth $3,184,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TTE. Asset Planning Inc purchased a new position in shares of TotalEnergies in the fourth quarter valued at $31,000. Bernard Wealth Management Corp. acquired a new position in TotalEnergies in the 4th quarter worth $32,000. HHM Wealth Advisors LLC boosted its position in TotalEnergies by 156.3% in the 4th quarter. HHM Wealth Advisors LLC now owns 656 shares of the company’s stock valued at $36,000 after buying an additional 400 shares during the last quarter. Stonebridge Financial Group LLC acquired a new stake in shares of TotalEnergies during the fourth quarter valued at about $49,000. Finally, SRS Capital Advisors Inc. increased its position in shares of TotalEnergies by 108.4% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,186 shares of the company’s stock worth $65,000 after acquiring an additional 617 shares during the last quarter. Hedge funds and other institutional investors own 16.53% of the company’s stock.

TotalEnergies Stock Performance

Shares of TTE stock opened at $58.67 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.36. The business has a 50 day moving average of $59.88 and a two-hundred day moving average of $59.18. The company has a market cap of $140.67 billion, a P/E ratio of 8.81, a PEG ratio of 0.98 and a beta of 0.58. TotalEnergies SE has a 52 week low of $52.78 and a 52 week high of $74.43.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $1.83 EPS for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.05). The company had revenue of $47.90 billion for the quarter, compared to the consensus estimate of $41.23 billion. TotalEnergies had a return on equity of 15.22% and a net margin of 7.34%. During the same quarter in the previous year, the company earned $2.14 earnings per share. As a group, analysts anticipate that TotalEnergies SE will post 8.02 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on TTE. BNP Paribas upgraded TotalEnergies from a “neutral” rating to an “outperform” rating in a research note on Tuesday, April 15th. Scotiabank dropped their price target on shares of TotalEnergies from $65.00 to $60.00 and set a “sector perform” rating for the company in a research note on Friday, April 11th. Redburn Atlantic upgraded shares of TotalEnergies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 23rd. Dbs Bank raised shares of TotalEnergies from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, Citigroup raised shares of TotalEnergies from a “neutral” rating to a “buy” rating in a research report on Wednesday, March 26th. Five investment analysts have rated the stock with a hold rating, five have issued a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $69.42.

TotalEnergies Company 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.