Evergreen Capital Management LLC Buys 1,075 Shares of TotalEnergies SE (NYSE:TTE)

Evergreen Capital Management LLC increased its stake in TotalEnergies SE (NYSE:TTE) by 2.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 42,297 shares of the company’s stock after acquiring an additional 1,075 shares during the period. Evergreen Capital Management LLC’s holdings in TotalEnergies were worth $2,856,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TTE. North Star Investment Management Corp. raised its position in TotalEnergies by 310.0% during the 1st quarter. North Star Investment Management Corp. now owns 410 shares of the company’s stock valued at $28,000 after purchasing an additional 310 shares during the last quarter. Larson Financial Group LLC raised its stake in TotalEnergies by 100.5% during the 2nd quarter. Larson Financial Group LLC now owns 423 shares of the company’s stock worth $28,000 after acquiring an additional 212 shares during the period. Pathway Financial Advisers LLC bought a new stake in TotalEnergies during the first quarter valued at about $29,000. Creekmur Asset Management LLC purchased a new position in shares of TotalEnergies during the fourth quarter valued at about $31,000. Finally, Johnson Financial Group Inc. purchased a new position in shares of TotalEnergies in the fourth quarter valued at $33,000. 13.22% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on TTE. Wolfe Research began coverage on TotalEnergies in a report on Thursday, July 18th. They issued an “outperform” rating and a $87.00 target price for the company. Scotiabank cut their price target on shares of TotalEnergies from $86.00 to $80.00 and set a “sector perform” rating on the stock in a report on Friday, July 12th.

TotalEnergies Trading Up 0.1 %

TotalEnergies stock opened at $69.18 on Tuesday. The stock has a market cap of $163.36 billion, a PE ratio of 7.81, a price-to-earnings-growth ratio of 1.78 and a beta of 0.64. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.87 and a current ratio of 1.11. The stock has a 50-day moving average of $67.91 and a two-hundred day moving average of $69.44. TotalEnergies SE has a one year low of $62.28 and a one year high of $74.97.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings data on Thursday, July 25th. The company reported $1.98 EPS for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.13). TotalEnergies had a return on equity of 17.92% and a net margin of 9.49%. The firm had revenue of $53.74 billion for the quarter, compared to analyst estimates of $60.45 billion. During the same period in the previous year, the business earned $1.99 EPS. On average, research analysts anticipate that TotalEnergies SE will post 8.65 EPS for the current fiscal year.

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.