TotalEnergies SE (NYSE:TTE) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. trimmed its holdings in TotalEnergies SE (NYSE:TTE) by 1.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,351 shares of the company’s stock after selling 556 shares during the period. Hantz Financial Services Inc.’s holdings in TotalEnergies were worth $2,478,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cetera Investment Advisers lifted its stake in TotalEnergies by 105.0% in the 1st quarter. Cetera Investment Advisers now owns 215,737 shares of the company’s stock worth $14,849,000 after purchasing an additional 110,497 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in TotalEnergies during the first quarter worth approximately $710,000. Crossmark Global Holdings Inc. lifted its position in TotalEnergies by 48.3% during the third quarter. Crossmark Global Holdings Inc. now owns 167,364 shares of the company’s stock worth $10,815,000 after buying an additional 54,478 shares in the last quarter. CWA Asset Management Group LLC acquired a new position in TotalEnergies during the third quarter worth $823,000. Finally, Equity Investment Corp grew its holdings in TotalEnergies by 2.3% in the 3rd quarter. Equity Investment Corp now owns 1,862,312 shares of the company’s stock valued at $120,343,000 after buying an additional 41,564 shares in the last quarter. 13.22% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TTE has been the topic of several recent research reports. BNP Paribas cut shares of TotalEnergies from an “outperform” rating to a “neutral” rating in a research report on Wednesday. The Goldman Sachs Group raised shares of TotalEnergies to a “hold” rating in a research note on Thursday, October 3rd. UBS Group raised shares of TotalEnergies to a “strong-buy” rating in a research report on Wednesday, October 9th. Scotiabank lowered their price objective on TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating for the company in a research report on Thursday, October 10th. Finally, TD Cowen downgraded TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 30th. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $78.75.

TotalEnergies Trading Up 1.5 %

TTE opened at $57.99 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.39. The firm has a market cap of $136.94 billion, a P/E ratio of 8.23, a P/E/G ratio of 1.88 and a beta of 0.64. TotalEnergies SE has a 52 week low of $56.69 and a 52 week high of $74.97. The business has a fifty day simple moving average of $63.73 and a 200-day simple moving average of $66.96.

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.