Jones Financial Companies Lllp Purchases 45,531 Shares of TotalEnergies SE (NYSE:TTE)

Jones Financial Companies Lllp lifted its position in TotalEnergies SE (NYSE:TTE) by 13.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 382,942 shares of the company’s stock after purchasing an additional 45,531 shares during the quarter. Jones Financial Companies Lllp’s holdings in TotalEnergies were worth $20,870,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. FSA Wealth Management LLC purchased a new stake in TotalEnergies in the third quarter worth approximately $26,000. Continuum Advisory LLC lifted its holdings in shares of TotalEnergies by 70.4% in the 3rd quarter. Continuum Advisory LLC now owns 443 shares of the company’s stock worth $27,000 after acquiring an additional 183 shares during the last quarter. Asset Planning Inc purchased a new stake in shares of TotalEnergies in the 4th quarter valued at $31,000. HHM Wealth Advisors LLC boosted its stake in shares of TotalEnergies by 156.3% in the 4th quarter. HHM Wealth Advisors LLC now owns 656 shares of the company’s stock valued at $36,000 after purchasing an additional 400 shares in the last quarter. Finally, Versant Capital Management Inc bought a new position in shares of TotalEnergies during the 4th quarter valued at $45,000. 16.53% of the stock is currently owned by institutional investors.

TotalEnergies Stock Up 0.2 %

Shares of NYSE:TTE opened at $60.17 on Monday. The stock’s 50-day moving average is $58.37 and its 200 day moving average is $61.87. The company has a market cap of $144.27 billion, a PE ratio of 9.03, a P/E/G ratio of 0.98 and a beta of 0.61. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.10 and a quick ratio of 0.88. TotalEnergies SE has a 1 year low of $53.29 and a 1 year high of $74.97.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.74 by $0.16. TotalEnergies had a return on equity of 15.22% and a net margin of 7.34%. Sell-side analysts anticipate that TotalEnergies SE will post 8.02 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TTE. Piper Sandler lowered their price target on shares of TotalEnergies from $77.00 to $62.00 and set a “neutral” rating for the company in a research note on Thursday, December 19th. Redburn Atlantic raised TotalEnergies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 23rd. Royal Bank of Canada upgraded TotalEnergies from a “sector perform” rating to an “outperform” rating in a report on Thursday, December 5th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $64.10 price target (down from $70.40) on shares of TotalEnergies in a research note on Tuesday, January 7th. Finally, BNP Paribas downgraded TotalEnergies from an “outperform” rating to a “neutral” rating in a research report on Wednesday, November 27th. Six analysts have rated the stock with a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $72.42.

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.