TotalEnergies SE (NYSE:TTE) to Issue Dividend of $0.51

TotalEnergies SE (NYSE:TTEGet Rating) declared a dividend on Wednesday, June 15th, investing.com reports. Investors of record on Friday, June 17th will be paid a dividend of 0.5099 per share on Thursday, July 14th. This represents a yield of 3.66%. The ex-dividend date is Thursday, June 16th.

NYSE:TTE opened at $55.75 on Wednesday. The firm has a 50-day simple moving average of $53.64 and a two-hundred day simple moving average of $53.10. TotalEnergies has a fifty-two week low of $40.33 and a fifty-two week high of $61.15. The firm has a market cap of $145.32 billion, a P/E ratio of 8.54, a P/E/G ratio of 0.74 and a beta of 0.80. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.00 and a current ratio of 1.20.

Large investors have recently modified their holdings of the business. Equitable Holdings Inc. raised its stake in TotalEnergies by 2.4% during the first quarter. Equitable Holdings Inc. now owns 12,585 shares of the company’s stock valued at $636,000 after purchasing an additional 300 shares in the last quarter. United Capital Financial Advisers LLC raised its stake in TotalEnergies by 1.6% during the first quarter. United Capital Financial Advisers LLC now owns 21,598 shares of the company’s stock valued at $1,092,000 after purchasing an additional 341 shares in the last quarter. Wetherby Asset Management Inc. raised its stake in TotalEnergies by 2.3% during the first quarter. Wetherby Asset Management Inc. now owns 20,904 shares of the company’s stock valued at $1,057,000 after purchasing an additional 471 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new stake in TotalEnergies during the fourth quarter valued at $27,000. Finally, NEXT Financial Group Inc purchased a new stake in TotalEnergies during the fourth quarter valued at $31,000. 16.60% of the stock is currently owned by institutional investors and hedge funds.

TTE has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft lowered shares of TotalEnergies from a “buy” rating to a “hold” rating in a research note on Wednesday, March 23rd. Piper Sandler restated a “neutral” rating and set a $64.00 target price (down from $72.00) on shares of TotalEnergies in a research report on Thursday, April 7th. HSBC upgraded shares of TotalEnergies from a “hold” rating to a “buy” rating in a research report on Thursday, April 21st. Berenberg Bank upgraded shares of TotalEnergies from a “hold” rating to a “buy” rating in a research report on Friday, May 13th. Finally, JPMorgan Chase & Co. cut their target price on shares of TotalEnergies from €58.00 ($60.42) to €56.00 ($58.33) in a research report on Wednesday, April 20th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, TotalEnergies has a consensus rating of “Hold” and an average target price of $62.17.

About TotalEnergies (Get Rating)

TotalEnergies SE operates as an integrated oil and gas company worldwide. The company operates through four segments: Integrated Gas, Renewables & Power; Exploration & Production; Refining & Chemicals; and Marketing & Services. The Integrated Gas, Renewables & Power segment engages in the liquefied natural gas production, shipping, trading, and regasification activities; trading of liquefied petroleum gas (LPG), petcoke and sulfur, natural gas, and electricity; transportation of natural gas; electricity production from natural gas, wind, solar, hydroelectric, and biogas sources; energy storage activities; and development and operation of biomethane production units, as well as provides energy efficiency services.

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Dividend History for TotalEnergies (NYSE:TTE)

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