Greenline Partners LLC Buys 3,929 Shares of TotalEnergies SE (NYSE:TTE)

Greenline Partners LLC grew its position in TotalEnergies SE (NYSE:TTE) by 9.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 43,511 shares of the company’s stock after purchasing an additional 3,929 shares during the period. Greenline Partners LLC’s holdings in TotalEnergies were worth $2,371,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Barclays PLC grew its stake in TotalEnergies by 266.5% during the third quarter. Barclays PLC now owns 674,154 shares of the company’s stock worth $43,564,000 after buying an additional 490,187 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of TotalEnergies by 0.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 53,035 shares of the company’s stock worth $2,890,000 after acquiring an additional 457 shares in the last quarter. Moody National Bank Trust Division bought a new stake in TotalEnergies during the 4th quarter worth approximately $253,000. Marcum Wealth LLC increased its holdings in TotalEnergies by 9.0% during the 4th quarter. Marcum Wealth LLC now owns 4,321 shares of the company’s stock valued at $235,000 after purchasing an additional 355 shares in the last quarter. Finally, Park Avenue Securities LLC raised its position in TotalEnergies by 22.5% in the 4th quarter. Park Avenue Securities LLC now owns 33,230 shares of the company’s stock valued at $1,811,000 after purchasing an additional 6,114 shares during the last quarter. Institutional investors own 16.53% of the company’s stock.

TotalEnergies Stock Performance

TTE stock opened at $58.67 on Friday. TotalEnergies SE has a twelve month low of $52.78 and a twelve month high of $74.43. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.36. The company has a market cap of $140.67 billion, a P/E ratio of 8.81, a price-to-earnings-growth ratio of 0.98 and a beta of 0.58. The business’s fifty day moving average is $59.88 and its 200-day moving average is $59.21.

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

Analyst Upgrades and Downgrades

TTE has been the subject of a number of research reports. BNP Paribas upgraded TotalEnergies from a “neutral” rating to an “outperform” rating in a research note on Tuesday, April 15th. Citigroup upgraded shares of TotalEnergies from a “neutral” rating to a “buy” rating in a research report on Wednesday, March 26th. Redburn Atlantic raised shares of TotalEnergies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 23rd. Dbs Bank upgraded shares of TotalEnergies from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, Scotiabank decreased their price objective on TotalEnergies from $65.00 to $60.00 and set a “sector perform” rating on the stock in a research report on Friday, April 11th. Five investment analysts have rated the stock with a hold rating, five have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $69.42.

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.