Everpar Advisors LLC Invests $389,000 in TotalEnergies SE (NYSE:TTE)

Everpar Advisors LLC acquired a new stake in TotalEnergies SE (NYSE:TTE) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 5,768 shares of the company’s stock, valued at approximately $389,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Key Financial Inc increased its holdings 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 acquiring an additional 221 shares during the last quarter. Evolution Advisers Inc. bought a new stake in TotalEnergies during the fourth quarter valued at $29,000. Motco raised its holdings in shares of TotalEnergies by 216.2% during the third quarter. Motco now owns 468 shares of the company’s stock worth $31,000 after purchasing an additional 320 shares during the period. NewSquare Capital LLC bought a new position in shares of TotalEnergies in the 4th quarter worth about $35,000. Finally, Addison Advisors LLC boosted 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 valued at $36,000 after buying an additional 220 shares during the period. Institutional investors and hedge funds own 13.22% of the company’s stock.

Insider Transactions at TotalEnergies

In related 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 acquired at an average cost of $22.86 per share, for a total transaction 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 acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Analyst Ratings Changes

Several equities research analysts recently weighed in on TTE shares. Piper Sandler increased their price objective on shares of TotalEnergies from $75.00 to $79.00 and gave the stock a “neutral” rating in a research note on Thursday, April 18th. Scotiabank increased their price target on TotalEnergies from $74.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $70.75.

TotalEnergies Stock Performance

NYSE TTE traded up $0.22 on Wednesday, hitting $72.16. The stock had a trading volume of 1,027,898 shares, compared to its average volume of 1,648,636. The company’s 50-day moving average is $69.87 and its two-hundred day moving average is $67.46. The stock has a market cap of $169.70 billion, a price-to-earnings ratio of 8.14, a P/E/G ratio of 1.78 and a beta of 0.70. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.31. TotalEnergies SE has a one year low of $54.94 and a one year high of $74.97.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $2.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.43 by ($0.27). The business had revenue of $54.77 billion during the quarter, compared to the consensus estimate of $55.14 billion. TotalEnergies had a return on equity of 18.30% and a net margin of 9.52%. During the same period last year, the company earned $2.97 earnings per share. On average, analysts expect that TotalEnergies SE will post 9.18 earnings per share 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.