Nisa Investment Advisors LLC Makes New Investment in TotalEnergies SE (NYSE:TTE)

Nisa Investment Advisors LLC bought a new position in shares of TotalEnergies SE (NYSE:TTE – Free Report) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 1,100 shares of the company’s stock, valued at approximately $74,000.

A number of other hedge funds have also recently added to or reduced their stakes in TTE. International Assets Investment Management LLC increased its position in shares of TotalEnergies by 6,549.9% during the 4th quarter. International Assets Investment Management LLC now owns 503,396 shares of the company’s stock worth $33,919,000 after buying an additional 495,826 shares. actions during the period. Yousif Capital Management LLC boosted its stake in TotalEnergies by 3.6% in the 4th quarter. Yousif Capital Management LLC now owns 42,739 shares of the company’s stock valued at $2,880,000 after purchasing an additional 1,470 shares in the last quarter. Atria Wealth Solutions Inc. boosted its stake in TotalEnergies by 14.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 26,486 shares of the company’s stock valued at $1,787,000 after purchasing an additional 3,427 shares in the last quarter. Simplex Trading LLC bought a new stake in shares of TotalEnergies in the 4th quarter valued at about $613,000. Finally, Addison Advisors LLC boosted its stake in 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 of shares in the last quarter. 13.22% of shares are owned by institutional investors and hedge funds.

TotalEnergies price performance

Shares of NYSE TTE opened at $69.73 on Monday. The stock has a market cap of $164.66 billion, a P/E ratio of 7.87, a P/E/G ratio of 1.76 and a beta of 0.64. The company’s 50-day simple moving average is $67.85, and its 200-day simple moving average is $68.85. TotalEnergies SE has a fifty-two week low of $61.56 and a fifty-two week high of $74.97. The company has a quick ratio of 0.87, a current ratio of 1.11, and a debt-to-equity ratio of 0.35.

TotalEnergies (NYSE:TTE – Get Your Free Report ) last posted its quarterly earnings results on Thursday, July 25th. The company reported $1.98 earnings per share for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.13). TotalEnergies had a return on equity of 17.92% and a net margin of 9.49%. The company had revenue of $53.74 billion during the quarter, compared to analyst estimates of $60.45 billion. During the same period last year, the company posted earnings of $1.99 per share. equities analysts expect that TotalEnergies SE will post 8.84 EPS for the current year.

Analysts set new price targets

Several analysts have issued reports on TTE shares. Wolfe Research assumed coverage on TotalEnergies in a research note on Thursday, July 18th. They set an “outperform” rating and a $87.00 price objective on the stock. Scotiabank reduced their price objective on shares of TotalEnergies from $86.00 to $80.00 and set a “sector perform” rating for the company in a research report on Friday, July 12th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $82.00, based on data from MarketBeat.com.

See our latest research report on TTE

TotalEnergies Company Profile

(Free report)

TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, green gas, renewables and electricity in France, the rest of Europe, North America, Africa and internationally. It operates through five segments: Exploration and Production, Integrated LNG, Integrated Energy, Refining and Chemicals, and Marketing and Services.

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