Capital Research Global Investors Acquires 459 Shares of TotalEnergies SE (NYSE:TTE)

Capital Research Global Investors boosted its holdings in shares of TotalEnergies SE (NYSE:TTEFree Report) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,049 shares of the company’s stock after acquiring an additional 459 shares during the quarter. Capital Research Global Investors’ holdings in TotalEnergies were worth $2,078,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Cerity Partners LLC boosted its stake in shares of TotalEnergies by 49.9% in the 4th quarter. Cerity Partners LLC now owns 53,019 shares of the company’s stock valued at $3,578,000 after purchasing an additional 17,658 shares during the last quarter. Cloverfields Capital Group LP boosted its stake in TotalEnergies by 30.1% during the fourth quarter. Cloverfields Capital Group LP now owns 52,163 shares of the company’s stock worth $3,515,000 after acquiring an additional 12,072 shares in the last quarter. Capital Wealth Planning LLC boosted its stake in TotalEnergies by 94.8% during the fourth quarter. Capital Wealth Planning LLC now owns 38,420 shares of the company’s stock worth $2,589,000 after acquiring an additional 18,699 shares in the last quarter. Townsend & Associates Inc boosted its stake in TotalEnergies by 58.0% during the fourth quarter. Townsend & Associates Inc now owns 219,759 shares of the company’s stock worth $14,117,000 after acquiring an additional 80,681 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in TotalEnergies by 1,409.1% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 29,050 shares of the company’s stock worth $1,957,000 after acquiring an additional 27,125 shares in the last quarter. 13.22% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Se Totalenergies bought 196,964 shares of the stock in a transaction dated Thursday, March 28th. The stock was bought at an average price of $22.86 per share, for a total transaction of $4,502,597.04. Following the completion of the acquisition, the director now directly owns 295,235 shares in the company, valued at approximately $6,749,072.10. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

TotalEnergies Stock Performance

TTE opened at $69.73 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.31. The company’s fifty day moving average price is $72.20 and its two-hundred day moving average price is $68.31. TotalEnergies SE has a 1-year low of $54.94 and a 1-year high of $74.97. The company has a market cap of $163.98 billion, a price-to-earnings ratio of 7.87, a PEG ratio of 1.78 and a beta of 0.67.

TotalEnergies (NYSE:TTEGet Free Report) last announced its earnings results on Friday, April 26th. The company reported $2.14 EPS for the quarter, beating the consensus estimate of $1.96 by $0.18. The company had revenue of $56.28 billion during the quarter, compared to the consensus estimate of $59.64 billion. TotalEnergies had a net margin of 9.52% and a return on equity of 18.30%. On average, analysts expect that TotalEnergies SE will post 9.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Piper Sandler increased their target price on shares of TotalEnergies from $75.00 to $79.00 and gave the stock a “neutral” rating in a research note on Thursday, April 18th. Scotiabank upped their price objective on shares of TotalEnergies from $74.00 to $86.00 and gave the stock a “sector perform” rating in a report on Thursday, April 11th. Six analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $70.75.

Get Our Latest Stock Report on TotalEnergies

TotalEnergies Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for TotalEnergies (NYSE:TTE)

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