Greenleaf Trust Boosts Holdings in TotalEnergies SE (NYSE:TTE)

Greenleaf Trust grew its stake in TotalEnergies SE (NYSE:TTE) by 4.0% during the 4th quarter, Holdings Channel reports. The firm owned 14,150 shares of the company’s stock after purchasing an additional 542 shares during the quarter. Greenleaf Trust’s holdings in TotalEnergies were worth $953,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of TTE. Key Financial Inc lifted its stake in TotalEnergies by 139.0% in the 4th quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $26,000 after buying an additional 221 shares in the last quarter. Arlington Trust Co LLC acquired a new position in shares of TotalEnergies during the third quarter valued at approximately $31,000. Motco lifted its position in shares of TotalEnergies by 216.2% in the third quarter. Motco now owns 468 shares of the company’s stock valued at $31,000 after acquiring an additional 320 shares in the last quarter. Fortis Capital Advisors LLC purchased a new position in shares of TotalEnergies in the fourth quarter valued at approximately $32,000. Finally, Parkside Financial Bank & Trust boosted its stake in shares of TotalEnergies by 40.5% in the second quarter. Parkside Financial Bank & Trust now owns 579 shares of the company’s stock worth $33,000 after acquiring an additional 167 shares during the last quarter. Hedge funds and other institutional investors own 13.22% of the company’s stock.

Insider Activity

In other news, Director Se Totalenergies acquired 196,964 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was purchased at an average cost of $22.86 per share, for a total transaction of $4,502,597.04. Following the completion of the transaction, the director now owns 295,235 shares in the company, valued at $6,749,072.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

TotalEnergies Price Performance

TTE stock opened at $72.05 on Monday. TotalEnergies SE has a 1 year low of $54.94 and a 1 year high of $74.06. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.12 and a quick ratio of 0.90. The firm has a market capitalization of $169.44 billion, a PE ratio of 8.31, a price-to-earnings-growth ratio of 1.72 and a beta of 0.72. The business has a 50 day simple moving average of $67.87 and a 200-day simple moving average of $66.87.

TotalEnergies (NYSE:TTE) last issued its earnings results on Wednesday, February 7th. The company reported $2.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.43 by ($0.27). TotalEnergies had a net margin of 9.19% and a return on equity of 19.61%. The company had revenue of $54.77 billion during the quarter, compared to analysts’ expectations of $55.14 billion. During the same quarter in the previous year, the company earned $2.97 earnings per share. Equities research analysts anticipate that TotalEnergies SE will post 9.38 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on the company. Scotiabank increased their price objective on TotalEnergies from $74.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Piper Sandler upped their target price on shares of TotalEnergies from $75.00 to $79.00 and gave the stock a “neutral” rating in a report on Thursday. Six research analysts have rated the stock with a hold rating, According to MarketBeat, TotalEnergies currently has an average rating of “Hold” and an average price target of $70.75.

About TotalEnergies

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.