TotalEnergies SE (NYSE:TTE) Shares Purchased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. increased its holdings in shares of TotalEnergies SE (NYSE:TTE) by 11.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,321 shares of the company’s stock after purchasing an additional 447 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in TotalEnergies were worth $291,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TTE. Key Financial Inc increased its position in shares of TotalEnergies by 139.0% during the 4th quarter. Key Financial Inc now owns 380 shares of the company’s stock worth $26,000 after purchasing an additional 221 shares during the last quarter. Arlington Trust Co LLC acquired a new stake in shares of TotalEnergies during the 3rd quarter worth about $31,000. Motco increased its position in shares of TotalEnergies by 216.2% during the 3rd quarter. Motco now owns 468 shares of the company’s stock worth $31,000 after purchasing an additional 320 shares during the last quarter. SRS Capital Advisors Inc. acquired a new stake in shares of TotalEnergies during the 3rd quarter worth about $36,000. Finally, BKM Wealth Management LLC acquired a new stake in shares of TotalEnergies during the 4th quarter worth about $38,000. 13.22% of the stock is owned by institutional investors and hedge funds.

TotalEnergies Stock Performance

Shares of TotalEnergies stock opened at $72.76 on Thursday. The business has a 50-day moving average of $68.36 and a 200 day moving average of $67.05. TotalEnergies SE has a 12 month low of $54.94 and a 12 month high of $74.06. The stock has a market capitalization of $171.11 billion, a price-to-earnings ratio of 8.39, a price-to-earnings-growth ratio of 1.64 and a beta of 0.72. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.12 and a quick ratio of 0.90.

TotalEnergies (NYSE:TTE) last announced its earnings results on Wednesday, February 7th. The company reported $2.16 EPS for the quarter, missing analysts’ consensus estimates of $2.43 by ($0.27). The firm had revenue of $54.77 billion for the quarter, compared to analysts’ expectations of $55.14 billion. TotalEnergies had a net margin of 9.19% and a return on equity of 19.61%. During the same quarter last year, the business earned $2.97 earnings per share. As a group, sell-side analysts forecast that TotalEnergies SE will post 9.32 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Scotiabank raised their price objective on TotalEnergies from $74.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Piper Sandler raised their target price on TotalEnergies from $75.00 to $79.00 and gave the company a “neutral” rating in a report on Thursday, April 18th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $70.75.

Insider Activity

In related news, Director Se Totalenergies acquired 196,964 shares of the firm’s stock in a transaction dated Thursday, March 28th. The stock was acquired at an average price of $22.86 per share, for a total transaction of $4,502,597.04. Following the purchase, the director now owns 295,235 shares of the company’s stock, valued at approximately $6,749,072.10. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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.