Atomi Financial Group Inc. Has $1.04 Million Stock Position in TotalEnergies SE (NYSE:TTE)

Atomi Financial Group Inc. increased its position in shares of TotalEnergies SE (NYSE:TTE) by 8.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,087 shares of the company’s stock after purchasing an additional 1,136 shares during the quarter. Atomi Financial Group Inc.’s holdings in TotalEnergies were worth $1,038,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Graham Capital Management L.P. acquired a new stake in TotalEnergies in the 3rd quarter valued at about $566,000. B. Riley Wealth Advisors Inc. increased its position in TotalEnergies by 17.9% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 10,665 shares of the company’s stock valued at $710,000 after acquiring an additional 1,621 shares in the last quarter. Juncture Wealth Strategies LLC increased its position in TotalEnergies by 2.1% in the 4th quarter. Juncture Wealth Strategies LLC now owns 9,826 shares of the company’s stock valued at $662,000 after acquiring an additional 200 shares in the last quarter. Wedmont Private Capital increased its position in TotalEnergies by 52.9% in the 4th quarter. Wedmont Private Capital now owns 5,665 shares of the company’s stock valued at $378,000 after acquiring an additional 1,961 shares in the last quarter. Finally, Jackson Square Capital LLC increased its position in TotalEnergies by 95.9% in the 4th quarter. Jackson Square Capital LLC now owns 15,979 shares of the company’s stock valued at $1,077,000 after acquiring an additional 7,824 shares in the last quarter. Institutional investors and hedge funds own 13.22% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on TTE shares. Scotiabank lowered 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. Piper Sandler lifted their price target 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 data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $69.25.

TotalEnergies Trading Down 0.1 %

Shares of NYSE:TTE traded down $0.07 during trading on Monday, hitting $69.26. 1,092,054 shares of the company’s stock were exchanged, compared to its average volume of 1,520,129. TotalEnergies SE has a 1-year low of $57.01 and a 1-year high of $74.97. The firm has a 50-day moving average price of $69.96 and a two-hundred day moving average price of $68.39. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.31. The firm has a market cap of $163.55 billion, a P/E ratio of 7.83, a PEG ratio of 1.73 and a beta of 0.64.

TotalEnergies (NYSE:TTE) last released its quarterly earnings data on Friday, April 26th. The company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $1.96 by $0.18. TotalEnergies had a net margin of 9.52% and a return on equity of 18.30%. The business had revenue of $56.28 billion for the quarter, compared to analyst estimates of $59.64 billion. Equities analysts predict that TotalEnergies SE will post 9.16 earnings per share for the current year.

TotalEnergies 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.