Virtu Financial LLC Has $575,000 Holdings in TotalEnergies SE (NYSE:TTE)

Virtu Financial LLC decreased its stake in shares of TotalEnergies SE (NYSE:TTE) by 69.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 10,553 shares of the company’s stock after selling 23,439 shares during the period. Virtu Financial LLC’s holdings in TotalEnergies were worth $575,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in TTE. FSA Wealth Management LLC bought a new stake in TotalEnergies during the third quarter worth approximately $26,000. Continuum Advisory LLC boosted its holdings in shares of TotalEnergies by 70.4% during the 3rd quarter. Continuum Advisory LLC now owns 443 shares of the company’s stock worth $27,000 after buying an additional 183 shares during the period. Asset Planning Inc acquired a new position in TotalEnergies in the 4th quarter valued at $31,000. HHM Wealth Advisors LLC raised its holdings in TotalEnergies by 156.3% in the 4th quarter. HHM Wealth Advisors LLC now owns 656 shares of the company’s stock worth $36,000 after acquiring an additional 400 shares during the period. Finally, Versant Capital Management Inc acquired a new position in TotalEnergies during the 4th quarter worth $45,000. 16.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

TTE has been the topic of several research analyst reports. Royal Bank of Canada raised TotalEnergies from a “sector perform” rating to an “outperform” rating in a research report on Thursday, December 5th. Piper Sandler lowered their target price on TotalEnergies from $77.00 to $62.00 and set a “neutral” rating on the stock in a report on Thursday, December 19th. Redburn Atlantic upgraded TotalEnergies from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 23rd. BNP Paribas downgraded shares of TotalEnergies from an “outperform” rating to a “neutral” rating in a research note on Wednesday, November 27th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $64.10 target price (down from $70.40) on shares of TotalEnergies in a research note on Tuesday, January 7th. Six analysts have rated the stock with a hold rating, two have issued a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $72.42.

TotalEnergies Stock Performance

Shares of NYSE TTE opened at $63.57 on Wednesday. The firm has a market capitalization of $152.42 billion, a price-to-earnings ratio of 9.55, a PEG ratio of 0.98 and a beta of 0.56. TotalEnergies SE has a one year low of $53.29 and a one year high of $74.97. The business has a fifty day simple moving average of $60.60 and a 200 day simple moving average of $61.10. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.36.

TotalEnergies (NYSE:TTE) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.16. TotalEnergies had a net margin of 7.34% and a return on equity of 15.22%. Sell-side analysts expect that TotalEnergies SE will post 8.02 EPS for the current year.

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.