Intrust Bank NA Has $2.42 Million Stake in TotalEnergies SE (NYSE:TTE)

Intrust Bank NA boosted its position in shares of TotalEnergies SE (NYSE:TTE) by 5.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,955 shares of the company’s stock after buying an additional 1,746 shares during the period. Intrust Bank NA’s holdings in TotalEnergies were worth $2,423,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of TTE. Key Financial Inc boosted its stake in shares of TotalEnergies by 139.0% in the 4th quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $26,000 after purchasing an additional 221 shares in the last quarter. Evolution Advisers Inc. acquired a new stake in shares of TotalEnergies in the 4th quarter valued at approximately $29,000. Arlington Trust Co LLC acquired a new stake in TotalEnergies during the 3rd quarter worth approximately $31,000. Motco boosted its position in TotalEnergies by 216.2% during the 3rd quarter. Motco now owns 468 shares of the company’s stock worth $31,000 after buying an additional 320 shares during the period. Finally, NewSquare Capital LLC acquired a new stake in TotalEnergies during the 4th quarter worth approximately $35,000. 13.22% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TTE. Scotiabank lifted their target price 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 lifted their target price on shares of TotalEnergies from $75.00 to $79.00 and gave the stock a “neutral” rating in a research report on Thursday, April 18th. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $70.75.

Insider Buying and Selling at TotalEnergies

In other news, Director Se Totalenergies acquired 196,964 shares of the business’s stock in a transaction on Thursday, March 28th. The shares were purchased at an average cost of $22.86 per share, with a total value of $4,502,597.04. Following the acquisition, the director now directly owns 295,235 shares of the company’s stock, valued at $6,749,072.10. The transaction was disclosed in a document filed with the SEC, which is available through this link.

TotalEnergies Trading Down 0.1 %

TotalEnergies stock traded down $0.08 during mid-day trading on Monday, hitting $74.48. 1,499,761 shares of the stock were exchanged, compared to its average volume of 1,695,556. The firm’s fifty day simple moving average is $68.74 and its two-hundred day simple moving average is $67.18. The stock has a market capitalization of $175.16 billion, a price-to-earnings ratio of 8.42, a PEG ratio of 1.67 and a beta of 0.72. The company has a quick ratio of 0.90, a current ratio of 1.12 and a debt-to-equity ratio of 0.34. TotalEnergies SE has a 12 month low of $54.94 and a 12 month high of $74.97.

TotalEnergies (NYSE:TTE) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $2.16 EPS for the quarter, missing analysts’ consensus estimates of $2.43 by ($0.27). The business had revenue of $54.77 billion for the quarter, compared to the consensus estimate of $55.14 billion. TotalEnergies had a net margin of 9.52% and a return on equity of 18.41%. During the same quarter last year, the firm posted $2.97 EPS. Analysts forecast that TotalEnergies SE will post 9.32 EPS for the current year.

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.