TotalEnergies SE (NYSE:TTE) Shares Sold by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC trimmed its holdings in TotalEnergies SE (NYSE:TTE) by 1.3% during the second quarter, HoldingsChannel reports. The firm owned 18,085 shares of the company’s stock after selling 238 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in TotalEnergies were worth $1,206,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in TTE. Private Trust Co. NA grew its holdings in shares of TotalEnergies by 1.6% in the first quarter. Private Trust Co. NA now owns 9,273 shares of the company’s stock valued at $638,000 after purchasing an additional 149 shares during the period. Geneos Wealth Management Inc. increased its holdings in shares of TotalEnergies by 3.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,379 shares of the company’s stock worth $301,000 after buying an additional 153 shares during the last quarter. Hexagon Capital Partners LLC raised its position in shares of TotalEnergies by 5.1% during the 2nd quarter. Hexagon Capital Partners LLC now owns 3,406 shares of the company’s stock valued at $227,000 after buying an additional 164 shares during the period. Opal Wealth Advisors LLC lifted its holdings in TotalEnergies by 17.0% in the second quarter. Opal Wealth Advisors LLC now owns 1,285 shares of the company’s stock valued at $86,000 after acquiring an additional 187 shares during the last quarter. Finally, Delta Financial Group Inc. grew its position in TotalEnergies by 3.1% in the first quarter. Delta Financial Group Inc. now owns 6,250 shares of the company’s stock worth $430,000 after acquiring an additional 190 shares during the period. 13.22% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TTE has been the topic of a number of research analyst reports. Scotiabank reduced their target price on TotalEnergies from $86.00 to $80.00 and set a “sector perform” rating on the stock in a research report on Friday, July 12th. Wolfe Research assumed coverage on shares of TotalEnergies in a report on Thursday, July 18th. They issued an “outperform” rating and a $87.00 price objective on the stock.

TotalEnergies Stock Up 0.7 %

Shares of NYSE TTE opened at $68.10 on Tuesday. The company has a quick ratio of 0.87, a current ratio of 1.11 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $67.89 and its two-hundred day moving average is $69.30. TotalEnergies SE has a 52-week low of $62.28 and a 52-week high of $74.97. The firm has a market cap of $160.81 billion, a price-to-earnings ratio of 7.69, a PEG ratio of 1.76 and a beta of 0.64.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings data 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 net margin of 9.49% and a return on equity of 17.92%. The firm had revenue of $53.74 billion during the quarter, compared to analyst estimates of $60.45 billion. During the same period in the previous year, the firm posted $1.99 earnings per share. Research analysts predict that TotalEnergies SE will post 8.65 EPS 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.