Vestmark Advisory Solutions Inc. Has $2.22 Million Stock Position in TotalEnergies SE (NYSE:TTE)

Vestmark Advisory Solutions Inc. boosted its stake in TotalEnergies SE (NYSE:TTE) by 1.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,010 shares of the company’s stock after purchasing an additional 618 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in TotalEnergies were worth $2,224,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in shares of TotalEnergies by 27.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,765,323 shares of the company’s stock valued at $181,848,000 after buying an additional 590,372 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of TotalEnergies by 6,549.9% during the 4th quarter. International Assets Investment Management LLC now owns 503,396 shares of the company’s stock valued at $33,919,000 after purchasing an additional 495,826 shares in the last quarter. Natixis Advisors L.P. grew its stake in shares of TotalEnergies by 29.4% during the 4th quarter. Natixis Advisors L.P. now owns 1,988,119 shares of the company’s stock worth $133,959,000 after acquiring an additional 451,597 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of TotalEnergies by 207.8% in the third quarter. HighTower Advisors LLC now owns 667,732 shares of the company’s stock worth $43,934,000 after purchasing an additional 450,788 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in TotalEnergies by 2.0% during the fourth quarter. Fisher Asset Management LLC now owns 21,184,792 shares of the company’s stock worth $1,427,431,000 after purchasing an additional 419,487 shares during the last quarter. Institutional investors and hedge funds own 13.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on TTE shares. Scotiabank boosted their price target on shares of TotalEnergies from $74.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Piper Sandler boosted their price target on TotalEnergies from $75.00 to $79.00 and gave the stock a “neutral” rating in a research report on Thursday, April 18th. Six investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $70.75.

TotalEnergies Stock Performance

TotalEnergies stock traded up $0.23 during midday trading on Friday, reaching $71.63. 744,251 shares of the company’s stock were exchanged, compared to its average volume of 1,386,107. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.90 and a current ratio of 1.09. The stock’s 50-day simple moving average is $69.56 and its 200 day simple moving average is $67.38. The firm has a market cap of $168.45 billion, a price-to-earnings ratio of 8.08, a P/E/G ratio of 1.78 and a beta of 0.70. TotalEnergies SE has a 52 week low of $54.94 and a 52 week high of $74.97.

TotalEnergies (NYSE:TTE) last issued its earnings results on Wednesday, February 7th. The company reported $2.16 EPS for the quarter, missing the consensus estimate of $2.43 by ($0.27). TotalEnergies had a return on equity of 18.30% and a net margin of 9.52%. The business had revenue of $54.77 billion for the quarter, compared to the consensus estimate of $55.14 billion. During the same quarter in the prior year, the firm posted $2.97 earnings per share. On average, analysts expect that TotalEnergies SE will post 9.18 earnings per share for the current fiscal year.

Insider Buying and Selling at TotalEnergies

In related news, Director Se Totalenergies bought 196,964 shares of the business’s 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 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 through this hyperlink.

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.