Lowe Brockenbrough & Co. Inc. reduce its place in TotalEnergies SE (NYSE:TTE – Get Score) by 10.2% within the third quarter, based on the corporate in its most up-to-date 13F submitting with the Securities & Alternate Fee. The agency owned 79,640 shares of the corporate’s inventory after promoting 9,018 shares in the course of the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in TotalEnergies have been value $3,732,000 on the finish of the newest quarter.
A number of different institutional traders additionally not too long ago added to or decreased their stakes within the firm. Ritholtz Wealth Administration boosted its stake in TotalEnergies by 7.5% in the course of the 2nd quarter. Ritholtz Wealth Administration now owns 29,347 shares of the corporate’s inventory value $1,545,000 after buying a further 2,049 shares in the course of the interval. Monetary Advocates Funding Administration lifted its stake in shares of TotalEnergies by 47.7% within the second quarter. Monetary Advocates Funding Administration now owns 14,633 shares of the corporate’s inventory valued at $770,000 after buying a further 4,724 shares in the course of the interval. Farmers & Retailers Belief Co of Chambersburg PA bought a brand new stake in shares of TotalEnergies in the course of the 2nd quarter value roughly $28,000. Motco elevated its place in shares of TotalEnergies by 1,778.8% within the second quarter. Motco now owns 1,240 shares of the corporate’s inventory valued at $65,000 after shopping for a further 1,174 shares within the final quarter. Lastly, Veriti Administration LLC grew its place in shares of TotalEnergies by 5.8% within the third quarter. Veriti Administration LLC now owns 36,569 shares of the corporate’s inventory valued at $1,701,000 after buying a further 1,994 shares over the past quarter. Institutional traders and hedge funds personal 6.63% of the corporate’s inventory.
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Wall Avenue Analysts Forecast Progress
TTE has been the topic of various analyst stories. The Goldman Sachs Group lowered shares of TotalEnergies from a “purchase” score to a “impartial” score in a analysis report on Monday. BNP Paribas lowered shares of TotalEnergies from an “outperform” score to a “impartial” score in a analysis report on Wednesday, December 14th. Piper Sandler dropped their worth goal on shares of TotalEnergies from $66.00 to $61.00 and set a “impartial” score on the inventory in a analysis observe on Monday, December nineteenth. Cowen decreased their worth goal on shares of TotalEnergies from $58.00 to $56.00 and set a “market carry out” score for the corporate in a analysis report on Friday, September thirtieth. Lastly, Morgan Stanley boosted their worth goal on TotalEnergies from €58.00 ($62.37) to €65.00 ($69.89) in a report on Tuesday, November eighth. Eight analysts have rated the inventory with a maintain score and eight have issued a purchase score to the corporate. Based on information from MarketBeat.com, the inventory at the moment has a mean score of “Average Purchase” and a mean worth goal of $63.62.
TotalEnergies Buying and selling Up 0.3 %
Shares of TotalEnergies inventory traded up $0.21 on Friday, reaching $64.76. 28,366 shares of the corporate have been exchanged, in comparison with its common quantity of 1,695,072. The inventory has a fifty day shifting common worth of $60.42 and a 200-day shifting common worth of $54.17. The agency has a market capitalization of $168.80 billion, a price-to-earnings ratio of seven.39, a price-to-earnings-growth ratio of 0.55 and a beta of 0.81. TotalEnergies SE has a fifty-two week low of $44.61 and a fifty-two week excessive of $64.93. The corporate has a present ratio of 1.18, a fast ratio of 1.02 and a debt-to-equity ratio of 0.37.
TotalEnergies (NYSE:TTE – Get Score) final launched its earnings outcomes on Thursday, October twenty seventh. The corporate reported $3.83 earnings per share for the quarter, lacking the consensus estimate of $3.91 by ($0.08). TotalEnergies had a return on fairness of 29.83% and a web margin of 8.67%. The agency had income of $69.04 billion in the course of the quarter. On common, analysts count on that TotalEnergies SE will put up 14.14 EPS for the present yr.
TotalEnergies Will increase Dividend
The agency additionally not too long ago declared a quarterly dividend, which might be paid on Wednesday, January twenty fifth. Stockholders of file on Friday, December thirtieth might be issued a dividend of $0.529 per share. This is a rise from TotalEnergies’s earlier quarterly dividend of $0.51. The ex-dividend date of this dividend is Thursday, December twenty ninth. This represents a $2.12 dividend on an annualized foundation and a dividend yield of three.27%. TotalEnergies’s payout ratio is at the moment 24.26%.
TotalEnergies Firm Profile
TotalEnergies SE operates as an built-in oil and gasoline firm worldwide. The corporate operates by way of 4 segments: Built-in Gasoline, Renewables & Energy; Exploration & Manufacturing; Refining & Chemical substances; and Advertising & Providers. The Built-in Gasoline, Renewables & Energy section engages within the liquefied pure gasoline manufacturing, transport, buying and selling, and regasification actions; buying and selling of liquefied petroleum gasoline (LPG), petcoke and sulfur, pure gasoline, and electrical energy; transportation of pure gasoline; electrical energy manufacturing from pure gasoline, wind, photo voltaic, hydroelectric, and biogas sources; vitality storage actions; and growth and operation of biomethane manufacturing items, in addition to offers vitality effectivity companies.
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