TotalEnergies SE (NYSE:TTE) Shares Acquired by Larson Financial Group LLC

Larson Financial Group LLC grew its position in TotalEnergies SE (NYSE:TTE) by 279.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,606 shares of the company’s stock after acquiring an additional 1,183 shares during the period. Larson Financial Group LLC’s holdings in TotalEnergies were worth $104,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Mather Group LLC. raised its position in shares of TotalEnergies by 12.4% in the third quarter. Mather Group LLC. now owns 1,312 shares of the company’s stock worth $85,000 after acquiring an additional 145 shares during the period. Hexagon Capital Partners LLC raised its position in shares of TotalEnergies by 5.1% during the 2nd quarter. Hexagon Capital Partners LLC now owns 3,406 shares of the company’s stock worth $227,000 after purchasing an additional 164 shares during the last quarter. Venturi Wealth Management LLC raised its position in shares of TotalEnergies by 0.6% during the 3rd quarter. Venturi Wealth Management LLC now owns 27,751 shares of the company’s stock worth $1,793,000 after purchasing an additional 165 shares during the last quarter. Lake Street Advisors Group LLC raised its position in shares of TotalEnergies by 2.2% during the 3rd quarter. Lake Street Advisors Group LLC now owns 8,595 shares of the company’s stock worth $563,000 after purchasing an additional 181 shares during the last quarter. Finally, Opal Wealth Advisors LLC raised its position in shares of TotalEnergies by 17.0% during the 2nd quarter. Opal Wealth Advisors LLC now owns 1,285 shares of the company’s stock worth $86,000 after purchasing an additional 187 shares during the last quarter. Institutional investors and hedge funds own 13.22% of the company’s stock.

TotalEnergies Stock Down 0.7 %

Shares of NYSE TTE opened at $57.16 on Friday. The company has a 50-day moving average of $64.19 and a 200 day moving average of $67.14. TotalEnergies SE has a 12-month low of $56.69 and a 12-month high of $74.97. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.39. The stock has a market cap of $134.98 billion, a PE ratio of 8.11, a P/E/G ratio of 1.89 and a beta of 0.64.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. BNP Paribas downgraded shares of TotalEnergies from an “outperform” rating to a “neutral” rating in a research report on Wednesday. Barclays upgraded shares of TotalEnergies to a “strong-buy” rating in a research report on Wednesday, October 2nd. Scotiabank reduced their price target on shares of TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating for the company in a research report on Thursday, October 10th. UBS Group upgraded shares of TotalEnergies to a “strong-buy” rating in a research report on Wednesday, October 9th. Finally, The Goldman Sachs Group raised shares of TotalEnergies to a “hold” rating in a research note on Thursday, October 3rd. Six research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $78.75.

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.