Signaturefd LLC Purchases 231 Shares of TotalEnergies SE (NYSE:TTE)

Signaturefd LLC lifted its position in shares of TotalEnergies SE (NYSE:TTE) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,499 shares of the company’s stock after purchasing an additional 231 shares during the period. Signaturefd LLC’s holdings in TotalEnergies were worth $1,989,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in TTE. FSA Wealth Management LLC acquired a new position in TotalEnergies in the 3rd quarter valued at approximately $26,000. Continuum Advisory LLC raised its position in TotalEnergies by 70.4% during the 3rd quarter. Continuum Advisory LLC now owns 443 shares of the company’s stock worth $27,000 after purchasing an additional 183 shares during the last quarter. Asset Planning Inc acquired a new position in TotalEnergies during the 4th quarter worth about $31,000. HHM Wealth Advisors LLC grew its position in shares of 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. Finally, Versant Capital Management Inc bought a new position in shares of TotalEnergies during the fourth quarter worth about $45,000. Institutional investors and hedge funds own 16.53% of the company’s stock.

TotalEnergies Stock Up 0.2 %

Shares of NYSE TTE opened at $62.81 on Tuesday. TotalEnergies SE has a 12 month low of $53.29 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 0.36. The firm has a fifty day simple moving average of $59.81 and a two-hundred day simple moving average of $61.26. The firm has a market capitalization of $150.59 billion, a PE ratio of 9.43, a price-to-earnings-growth ratio of 0.98 and a beta of 0.56.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $1.90 EPS for the quarter, topping the consensus estimate of $1.74 by $0.16. TotalEnergies had a net margin of 7.34% and a return on equity of 15.22%. Equities analysts expect that TotalEnergies SE will post 8.02 earnings per share for the current year.

Analyst Ratings Changes

TTE has been the subject of a number of recent analyst reports. Redburn Atlantic raised shares of TotalEnergies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 23rd. Morgan Stanley reissued an “equal weight” rating and set a $64.10 target price (down from $70.40) on shares of TotalEnergies in a research note on Tuesday, January 7th. Royal Bank of Canada upgraded TotalEnergies from a “sector perform” rating to an “outperform” rating in a report on Thursday, December 5th. Piper Sandler dropped their price target on shares of TotalEnergies from $77.00 to $62.00 and set a “neutral” rating on the stock in a research report on Thursday, December 19th. Finally, BNP Paribas downgraded shares of TotalEnergies from an “outperform” rating to a “neutral” rating in a research report on Wednesday, November 27th. Six analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $72.42.

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.