TotalEnergies SE (NYSE:TTE) Shares Purchased by Prospera Financial Services Inc

Prospera Financial Services Inc boosted its holdings in TotalEnergies SE (NYSE:TTE) by 8.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,234 shares of the company’s stock after buying an additional 1,945 shares during the period. Prospera Financial Services Inc’s holdings in TotalEnergies were worth $1,631,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. EP Wealth Advisors LLC lifted its stake in shares of TotalEnergies by 63.8% in the 1st quarter. EP Wealth Advisors LLC now owns 8,757 shares of the company’s stock valued at $603,000 after purchasing an additional 3,411 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of TotalEnergies by 3.7% during the 1st quarter. Advisors Asset Management Inc. now owns 65,942 shares of the company’s stock valued at $4,539,000 after acquiring an additional 2,372 shares in the last quarter. Toronto Dominion Bank boosted its position in TotalEnergies by 17.5% during the 1st quarter. Toronto Dominion Bank now owns 3,444 shares of the company’s stock worth $237,000 after purchasing an additional 514 shares during the period. Gabelli Funds LLC increased its holdings in TotalEnergies by 5.5% in the 1st quarter. Gabelli Funds LLC now owns 309,200 shares of the company’s stock valued at $21,282,000 after purchasing an additional 16,200 shares in the last quarter. Finally, LRI Investments LLC purchased a new position in TotalEnergies in the first quarter valued at about $276,000. 13.22% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TTE has been the subject of several analyst reports. Scotiabank decreased their target price on shares of TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating for the company in a research note on Thursday, October 10th. The Goldman Sachs Group raised shares of TotalEnergies to a “hold” rating in a report on Thursday, October 3rd. TD Cowen lowered shares of TotalEnergies from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 30th. Barclays upgraded TotalEnergies to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, UBS Group upgraded TotalEnergies to a “strong-buy” rating in a report on Wednesday, October 9th. Five research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, TotalEnergies currently has a consensus rating of “Moderate Buy” and a consensus target price of $78.75.

TotalEnergies Stock Down 0.9 %

TTE opened at $59.99 on Friday. The firm has a market cap of $141.65 billion, a price-to-earnings ratio of 8.51, a PEG ratio of 1.97 and a beta of 0.64. TotalEnergies SE has a twelve month low of $58.46 and a twelve month high of $74.97. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.88 and a current ratio of 1.10. The firm’s 50-day simple moving average is $64.98 and its 200-day simple moving average is $67.58.

About TotalEnergies

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.