Savant Capital LLC Purchases 700 Shares of TotalEnergies SE (NYSE:TTE)

Savant Capital LLC raised its position in TotalEnergies SE (NYSE:TTE) by 20.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,155 shares of the company’s stock after purchasing an additional 700 shares during the period. Savant Capital LLC’s holdings in TotalEnergies were worth $280,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Key Financial Inc grew its position in TotalEnergies by 139.0% during the fourth quarter. Key Financial Inc now owns 380 shares of the company’s stock worth $26,000 after buying an additional 221 shares in the last quarter. Evolution Advisers Inc. purchased a new stake in TotalEnergies in the fourth quarter valued at approximately $29,000. Motco lifted its position in TotalEnergies by 216.2% during the third quarter. Motco now owns 468 shares of the company’s stock valued at $31,000 after purchasing an additional 320 shares during the last quarter. NewSquare Capital LLC purchased a new position in TotalEnergies in the 4th quarter worth approximately $35,000. Finally, Addison Advisors LLC increased its holdings in shares of TotalEnergies by 68.5% in the 4th quarter. Addison Advisors LLC now owns 541 shares of the company’s stock worth $36,000 after buying an additional 220 shares during the last quarter. 13.22% of the stock is currently owned by hedge funds and other institutional investors.

TotalEnergies Price Performance

Shares of NYSE:TTE opened at $72.03 on Tuesday. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.31. The stock has a market cap of $169.39 billion, a PE ratio of 8.13, a PEG ratio of 1.78 and a beta of 0.70. The company’s fifty day moving average is $69.56 and its 200 day moving average is $67.39. TotalEnergies SE has a 52 week low of $54.94 and a 52 week high of $74.97.

TotalEnergies (NYSE:TTE) last released its quarterly earnings data 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 company had revenue of $54.77 billion during the quarter, compared to analysts’ expectations of $55.14 billion. During the same quarter in the prior year, the firm posted $2.97 EPS. Research analysts anticipate that TotalEnergies SE will post 9.18 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on TTE shares. Scotiabank lifted their price objective on shares of TotalEnergies from $74.00 to $86.00 and gave the stock a “sector perform” rating in a report on Thursday, April 11th. Piper Sandler upped their price objective on TotalEnergies from $75.00 to $79.00 and gave the stock a “neutral” rating in a report on Thursday, April 18th. Six investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $70.75.

Insider Activity

In other news, Director Se Totalenergies bought 196,964 shares of the firm’s stock in a transaction that occurred on Thursday, March 28th. The shares were bought at an average cost of $22.86 per share, with a total value of $4,502,597.04. Following the completion of the purchase, the director now directly owns 295,235 shares in the company, valued at $6,749,072.10. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

TotalEnergies 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.