U.S. Capital Wealth Advisors LLC Takes Position in TotalEnergies SE (NYSE:TTE)

U.S. Capital Wealth Advisors LLC bought a new stake in shares of TotalEnergies SE (NYSE:TTE) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,184 shares of the company’s stock, valued at approximately $282,000.

A number of other hedge funds also recently bought and sold shares of the company. Key Financial Inc lifted its position in shares of 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 acquiring an additional 221 shares in the last quarter. Evolution Advisers Inc. acquired a new stake in shares of TotalEnergies in the fourth quarter worth $29,000. Motco grew its holdings in shares of TotalEnergies by 216.2% during the third quarter. Motco now owns 468 shares of the company’s stock valued at $31,000 after buying an additional 320 shares in the last quarter. NewSquare Capital LLC acquired a new position in TotalEnergies during the fourth quarter valued at $35,000. Finally, SRS Capital Advisors Inc. purchased a new stake in TotalEnergies in the 3rd quarter worth about $36,000. 13.22% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at TotalEnergies

In related news, Director Se Totalenergies acquired 196,964 shares of the stock in a transaction dated Thursday, March 28th. The shares were acquired at an average price of $22.86 per share, for a total transaction of $4,502,597.04. Following the completion of the purchase, the director now owns 295,235 shares in the company, valued at approximately $6,749,072.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Wall Street Analyst Weigh In

TTE has been the topic of a number of research reports. Scotiabank upped their target price on TotalEnergies from $74.00 to $86.00 and gave the company a “sector perform” rating in a report on Thursday, April 11th. 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 report on Thursday, April 18th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $70.75.

TotalEnergies Stock Down 0.1 %

TTE stock opened at $71.94 on Wednesday. TotalEnergies SE has a 1 year low of $54.94 and a 1 year high of $74.97. The company has a fifty day simple moving average of $69.72 and a 200 day simple moving average of $67.42. 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 firm has a market cap of $169.18 billion, a PE ratio of 8.12, a PEG ratio of 1.78 and a beta of 0.70.

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

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.