Savant Capital LLC Purchases 700 Shares of TotalEnergies SE (NYSE:TTE)

Savant Capital LLC lifted its position in shares of TotalEnergies SE (NYSE:TTE) by 20.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 4,155 shares of the company’s stock after acquiring an additional 700 shares during the quarter. Savant Capital LLC’s holdings in TotalEnergies were worth $280,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. PDS Planning Inc raised its stake in TotalEnergies by 2.3% in the 4th quarter. PDS Planning Inc now owns 6,839 shares of the company’s stock worth $461,000 after acquiring an additional 156 shares during the last quarter. Garland Capital Management Inc. lifted its holdings in shares of TotalEnergies by 0.3% during the third quarter. Garland Capital Management Inc. now owns 62,402 shares of the company’s stock worth $4,104,000 after purchasing an additional 165 shares during the period. Kestra Private Wealth Services LLC boosted its position in TotalEnergies by 1.0% in the fourth quarter. Kestra Private Wealth Services LLC now owns 18,496 shares of the company’s stock valued at $1,246,000 after buying an additional 179 shares during the last quarter. Juncture Wealth Strategies LLC raised its position in TotalEnergies by 2.1% during the 4th quarter. Juncture Wealth Strategies LLC now owns 9,826 shares of the company’s stock worth $662,000 after buying an additional 200 shares during the last quarter. Finally, Rosenberg Matthew Hamilton lifted its stake in TotalEnergies by 5.3% during the 4th quarter. Rosenberg Matthew Hamilton now owns 4,077 shares of the company’s stock valued at $275,000 after acquiring an additional 205 shares during the period. Hedge funds and other institutional investors own 13.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Scotiabank boosted their target price on shares of TotalEnergies from $74.00 to $86.00 and gave the company 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 stock a “neutral” rating in a report on Thursday, April 18th. Six analysts have rated the stock with a hold rating, According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $70.75.

TotalEnergies Price Performance

Shares of TotalEnergies stock opened at $72.03 on Tuesday. The firm has a market cap of $169.39 billion, a PE ratio of 8.13, a P/E/G ratio of 1.78 and a beta of 0.70. The business has a 50-day moving average price of $69.56 and a 200 day moving average price of $67.39. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.31. TotalEnergies SE has a twelve month low of $54.94 and a twelve month high of $74.97.

TotalEnergies (NYSE:TTE) last announced its earnings results on Wednesday, February 7th. The company reported $2.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.43 by ($0.27). The business had revenue of $54.77 billion for the quarter, compared to analysts’ expectations of $55.14 billion. TotalEnergies had a net margin of 9.52% and a return on equity of 18.30%. During the same quarter last year, the business earned $2.97 EPS. Sell-side analysts predict that TotalEnergies SE will post 9.18 earnings per share for the current fiscal year.

Insider Transactions at TotalEnergies

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

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.