Priebe Wealth Holdings LLC Buys Shares of 3,913 TotalEnergies SE (NYSE:TTE)

Priebe Wealth Holdings LLC bought a new position in TotalEnergies SE (NYSE:TTE) during the 1st quarter, Holdings Channel.com reports. The fund bought 3,913 shares of the company’s stock, valued at approximately $253,000.

A number of other large investors have also made changes to their positions in TTE. Asset Planning Inc bought a new position in shares of TotalEnergies in the 4th quarter worth approximately $31,000. Financial Management Professionals Inc. increased its holdings in TotalEnergies by 65.8% during the first quarter. Financial Management Professionals Inc. now owns 484 shares of the company’s stock valued at $31,000 after buying an additional 192 shares during the last quarter. Bernard Wealth Management Corp. purchased a new stake in TotalEnergies during the fourth quarter valued at approximately $32,000. Stonebridge Financial Group LLC bought a new position in TotalEnergies in the fourth quarter worth approximately $49,000. Finally, SRS Capital Advisors Inc. boosted its stake in shares of TotalEnergies by 108.4% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,186 shares of the company’s stock worth $65,000 after acquiring an additional 617 shares during the last quarter. 16.53% of the stock is currently owned by institutional investors.

TotalEnergies Stock Up 0.1%

NYSE TTE opened at $59.32 on Monday. TotalEnergies SE has a 12 month low of $52.78 and a 12 month high of $71.03. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.36. The stock has a market cap of $142.23 billion, a PE ratio of 8.91, a P/E/G ratio of 0.98 and a beta of 0.56. The stock’s 50 day moving average is $58.29 and its 200 day moving average is $58.73.

TotalEnergies (NYSE:TTE) last released its earnings results on Wednesday, April 30th. The company reported $1.83 EPS for the quarter, missing the consensus estimate of $1.88 by ($0.05). TotalEnergies had a return on equity of 15.22% and a net margin of 7.34%. The company had revenue of $47.90 billion during the quarter, compared to analysts’ expectations of $41.23 billion. During the same period last year, the firm posted $2.14 EPS. Research analysts predict that TotalEnergies SE will post 8.02 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on TTE. Piper Sandler upped their price target on TotalEnergies from $62.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 13th. Dbs Bank upgraded TotalEnergies from a “hold” rating to a “buy” rating in a research note on Wednesday, May 7th. HSBC restated a “buy” rating on shares of TotalEnergies in a research note on Tuesday, May 13th. Scotiabank lowered their price target on shares of TotalEnergies from $65.00 to $60.00 and set a “sector perform” rating on the stock in a report on Friday, April 11th. Finally, BNP Paribas raised shares of TotalEnergies from a “neutral” rating to an “outperform” rating in a research note on Tuesday, April 15th. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $69.36.

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.