TotalEnergies SE (NYSE:TTE) Shares Purchased by HHM Wealth Advisors LLC

HHM Wealth Advisors LLC grew its holdings in shares of TotalEnergies SE (NYSE:TTE) by 156.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 656 shares of the company’s stock after purchasing an additional 400 shares during the period. HHM Wealth Advisors LLC’s holdings in TotalEnergies were worth $36,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in TTE. FSA Wealth Management LLC acquired a new stake in TotalEnergies in the 3rd quarter valued at about $26,000. Continuum Advisory LLC raised its stake in TotalEnergies by 70.4% in the third quarter. Continuum Advisory LLC now owns 443 shares of the company’s stock valued at $27,000 after buying an additional 183 shares in the last quarter. Boit C F David purchased a new stake in TotalEnergies during the 3rd quarter worth about $32,000. Maryland Capital Advisors Inc. acquired a new position in shares of TotalEnergies during the 3rd quarter worth about $32,000. Finally, Eastern Bank purchased a new position in shares of TotalEnergies in the 3rd quarter valued at about $32,000. 16.53% of the stock is currently owned by institutional investors and hedge funds.

TotalEnergies Trading Down 0.8 %

Shares of TTE stock opened at $57.59 on Tuesday. TotalEnergies SE has a 1-year low of $53.29 and a 1-year high of $74.97. The firm’s 50-day simple moving average is $56.64 and its 200-day simple moving average is $62.74. The firm has a market cap of $136.00 billion, a P/E ratio of 8.17, a PEG ratio of 2.02 and a beta of 0.61. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.10 and a quick ratio of 0.88.

TotalEnergies Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, January 21st. Investors of record on Tuesday, December 31st were issued a $0.8308 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. TotalEnergies’s payout ratio is 34.04%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Morgan Stanley reaffirmed an “equal weight” rating and issued a $64.10 price target (down from $70.40) on shares of TotalEnergies in a report on Tuesday, January 7th. Royal Bank of Canada upgraded shares of TotalEnergies from a “sector perform” rating to an “outperform” rating in a research report on Thursday, December 5th. Scotiabank reduced their price target on shares of TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating for the company in a research report on Thursday, October 10th. UBS Group raised shares of TotalEnergies to a “strong-buy” rating in a research report on Wednesday, October 9th. Finally, BNP Paribas lowered TotalEnergies from an “outperform” rating to a “neutral” rating in a report on Wednesday, November 27th. Six research analysts have rated the stock with a hold rating, two have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $72.42.

About TotalEnergies

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.