Benjamin F. Edwards & Company Inc. Has $1.96 Million Holdings in TotalEnergies SE (NYSE:TTE)

Benjamin F. Edwards & Company Inc. lifted its stake in shares of TotalEnergies SE (NYSE:TTE) by 1,409.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 29,050 shares of the company’s stock after buying an additional 27,125 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in TotalEnergies were worth $1,957,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Key Financial Inc grew its stake in TotalEnergies by 139.0% in the fourth quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $26,000 after acquiring an additional 221 shares during the period. Evolution Advisers Inc. bought a new stake in shares of TotalEnergies in the fourth quarter valued at $29,000. Motco raised its position in shares of TotalEnergies by 216.2% in 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 period. NewSquare Capital LLC purchased a new position in shares of TotalEnergies during the 4th quarter valued at $35,000. Finally, SRS Capital Advisors Inc. bought a new stake in shares of TotalEnergies during the 3rd quarter valued at about $36,000. Institutional investors own 13.22% of the company’s stock.

Insider Activity at TotalEnergies

In other TotalEnergies news, Director Se Totalenergies acquired 196,964 shares of the business’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 acquisition, the director now directly owns 295,235 shares in the company, valued at approximately $6,749,072.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

TotalEnergies Trading Up 0.3 %

TTE stock opened at $71.63 on Monday. The company has a market capitalization of $168.45 billion, a price-to-earnings ratio of 8.08, a PEG ratio of 1.78 and a beta of 0.70. TotalEnergies SE has a 1-year low of $54.94 and a 1-year high of $74.97. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.09 and a quick ratio of 0.87. The business has a 50 day simple moving average of $69.56 and a two-hundred day simple moving average of $67.39.

TotalEnergies (NYSE:TTE) last announced its 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 company had revenue of $54.77 billion during the quarter, compared to analysts’ expectations of $55.14 billion. TotalEnergies had a return on equity of 18.30% and a net margin of 9.52%. During the same quarter last year, the firm posted $2.97 EPS. Research analysts anticipate that TotalEnergies SE will post 9.18 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on TTE. Scotiabank boosted their target price on 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 target price on shares of TotalEnergies from $75.00 to $79.00 and gave the company a “neutral” rating in a report on Thursday, April 18th. Six research analysts have rated the stock with a hold rating, According to MarketBeat.com, TotalEnergies presently has a consensus rating of “Hold” and a consensus price target of $70.75.

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.