Lloyd Advisory Services LLC. Purchases New Shares in TotalEnergies SE (NYSE:TTE)

Lloyd Advisory Services LLC. acquired a new position in TotalEnergies SE (NYSE:TTE) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,663 shares of the company’s stock, valued at approximately $237,000.

Other hedge funds have also added to or reduced their stakes in the company. Yousif Capital Management LLC lifted its stake in TotalEnergies by 63.4% during the fourth quarter. Yousif Capital Management LLC now owns 60,082 shares of the company’s stock worth $3,274,000 after purchasing an additional 23,315 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of TotalEnergies by 109.1% during the fourth quarter. Stratos Wealth Partners LTD. now owns 13,575 shares of the company’s stock valued at $740,000 after purchasing an additional 7,084 shares during the last quarter. Robertson Stephens Wealth Management LLC increased its holdings in shares of TotalEnergies by 11.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 14,022 shares of the company’s stock valued at $776,000 after acquiring an additional 1,482 shares in the last quarter. Silver Oak Securities Incorporated bought a new stake in TotalEnergies in the 4th quarter worth about $296,000. Finally, Golden State Wealth Management LLC bought a new stake in shares of TotalEnergies during the 4th quarter valued at about $251,000. Institutional investors own 16.53% of the company’s stock.

TotalEnergies Price Performance

Shares of TotalEnergies stock opened at $59.32 on Friday. The business’s fifty day moving average price is $58.29 and its 200 day moving average price is $58.73. The stock has a market capitalization of $142.23 billion, a P/E ratio of 8.91, a PEG ratio of 0.98 and a beta of 0.56. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.36. TotalEnergies SE has a twelve month low of $52.78 and a twelve month high of $71.03.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $1.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.88 by ($0.05). TotalEnergies had a return on equity of 15.22% and a net margin of 7.34%. The business had revenue of $47.90 billion for the quarter, compared to analysts’ expectations of $41.23 billion. During the same quarter in the prior year, the firm earned $2.14 earnings per share. As a group, research analysts anticipate that TotalEnergies SE will post 8.02 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on TTE shares. Citigroup raised TotalEnergies from a “neutral” rating to a “buy” rating in a report on Wednesday, March 26th. Piper Sandler upped their price target on TotalEnergies from $62.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, May 13th. Morgan Stanley raised shares of TotalEnergies from an “equal weight” rating to an “overweight” rating and set a $60.80 target price on the stock in a research note on Monday, May 12th. HSBC reissued a “buy” rating on shares of TotalEnergies in a research report on Tuesday, May 13th. Finally, Scotiabank reduced their target price on TotalEnergies from $65.00 to $60.00 and set a “sector perform” rating for the company in a report on Friday, April 11th. Four analysts have rated the stock with a hold rating, seven have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $69.36.

TotalEnergies Company 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.