HHM Wealth Advisors LLC Acquires 400 Shares of TotalEnergies SE (NYSE:TTE)

HHM Wealth Advisors LLC increased its holdings in TotalEnergies SE (NYSE:TTE) by 156.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 656 shares of the company’s stock after purchasing an additional 400 shares during the period. HHM Wealth Advisors LLC’s holdings in TotalEnergies were worth $36,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Franklin Resources Inc. raised its holdings in TotalEnergies by 62.7% in the 3rd quarter. Franklin Resources Inc. now owns 4,012,961 shares of the company’s stock worth $273,323,000 after purchasing an additional 1,546,866 shares in the last quarter. Barclays PLC raised its stake in TotalEnergies by 266.5% in the third quarter. Barclays PLC now owns 674,154 shares of the company’s stock worth $43,564,000 after buying an additional 490,187 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in TotalEnergies by 6,367.4% in the third quarter. International Assets Investment Management LLC now owns 367,607 shares of the company’s stock worth $23,755,000 after buying an additional 361,923 shares during the period. FMR LLC boosted its position in TotalEnergies by 2.7% during the 3rd quarter. FMR LLC now owns 12,445,228 shares of the company’s stock valued at $804,211,000 after acquiring an additional 324,033 shares in the last quarter. Finally, DRW Securities LLC grew its holdings in shares of TotalEnergies by 134.5% during the 3rd quarter. DRW Securities LLC now owns 64,209 shares of the company’s stock worth $4,149,000 after acquiring an additional 250,427 shares during the period. Institutional investors own 16.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Scotiabank lowered their price target on shares of TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating for the company in a research report on Thursday, October 10th. Piper Sandler lowered their target price on shares of TotalEnergies from $77.00 to $62.00 and set a “neutral” rating for the company in a report on Thursday, December 19th. BNP Paribas downgraded TotalEnergies from an “outperform” rating to a “neutral” rating in a research note on Wednesday, November 27th. UBS Group upgraded TotalEnergies to a “strong-buy” rating in a research note on Wednesday, October 9th. Finally, Royal Bank of Canada raised TotalEnergies from a “sector perform” rating to an “outperform” rating in a research note on Thursday, December 5th. Six equities research analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $72.42.

TotalEnergies Trading Down 0.8 %

NYSE:TTE opened at $57.59 on Tuesday. The firm has a 50 day moving average of $56.64 and a 200 day moving average of $62.74. The company has a quick ratio of 0.88, a current ratio of 1.10 and a debt-to-equity ratio of 0.39. TotalEnergies SE has a 52 week low of $53.29 and a 52 week high of $74.97. The stock has a market capitalization of $136.00 billion, a price-to-earnings ratio of 8.17, a PEG ratio of 2.02 and a beta of 0.61.

TotalEnergies Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, January 21st. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.8308 per share. The ex-dividend date of this dividend was Tuesday, December 31st. TotalEnergies’s dividend payout ratio (DPR) is presently 34.04%.

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.