Epoch Investment Partners Inc. Cuts Stock Holdings in TotalEnergies SE (NYSE:TTE)

Epoch Investment Partners Inc. lowered its stake in TotalEnergies SE (NYSE:TTEFree Report) by 4.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 246,595 shares of the company’s stock after selling 11,473 shares during the quarter. Epoch Investment Partners Inc.’s holdings in TotalEnergies were worth $16,616,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Key Financial Inc raised its stake in TotalEnergies by 139.0% during the fourth 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. bought a new stake in shares of TotalEnergies during the fourth quarter valued at approximately $29,000. Frazier Financial Advisors LLC purchased a new stake in shares of TotalEnergies in the 4th quarter worth $30,000. Tower Research Capital LLC TRC purchased a new position in TotalEnergies during the 4th quarter valued at about $31,000. Finally, Johnson Financial Group Inc. purchased a new stake in TotalEnergies during the fourth quarter worth $33,000. Institutional investors own 13.22% of the company’s stock.

Analysts Set New Price Targets

TTE has been the topic of a number of recent research reports. Scotiabank raised their price objective on TotalEnergies from $74.00 to $86.00 and gave the company a “sector perform” rating in a research report on Thursday, April 11th. Piper Sandler lifted their price objective 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 investment analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $70.75.

View Our Latest Stock Report on TotalEnergies

Insider Activity at TotalEnergies

In related news, Director Se Totalenergies acquired 196,964 shares of TotalEnergies stock in a transaction on Thursday, March 28th. The stock was acquired at an average price of $22.86 per share, for a total transaction of $4,502,597.04. Following the purchase, the director now owns 295,235 shares of the company’s stock, valued at approximately $6,749,072.10. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

TotalEnergies Stock Down 1.6 %

NYSE TTE traded down $1.10 during trading on Friday, hitting $69.73. The company’s stock had a trading volume of 1,436,985 shares, compared to its average volume of 1,529,161. TotalEnergies SE has a fifty-two week low of $54.94 and a fifty-two week high of $74.97. The company has a market cap of $163.98 billion, a PE ratio of 7.92, a P/E/G ratio of 1.77 and a beta of 0.67. 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’s 50 day simple moving average is $72.18 and its 200-day simple moving average is $68.30.

TotalEnergies (NYSE:TTEGet Free Report) last released its earnings results on Friday, April 26th. The company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.18. The company had revenue of $56.28 billion during the quarter, compared to analysts’ expectations of $59.64 billion. TotalEnergies had a net margin of 9.52% and a return on equity of 18.30%. On average, equities analysts anticipate that TotalEnergies SE will post 9.08 EPS for the current fiscal year.

About TotalEnergies

(Free Report)

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.

See Also

Institutional Ownership by Quarter for TotalEnergies (NYSE:TTE)

Receive News & Ratings for TotalEnergies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TotalEnergies and related companies with MarketBeat.com's FREE daily email newsletter.