Fred Alger Management LLC grew its holdings in shares of TotalEnergies SE (NYSE:TTE – Free Report) by 3.0% in the second quarter, Holdings Channel.com reports. The firm owned 69,542 shares of the company’s stock after buying an additional 2,018 shares during the period. Fred Alger Management LLC’s holdings in TotalEnergies were worth $4,637,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently modified their holdings of the company. Geneos Wealth Management Inc. boosted its holdings in shares of TotalEnergies by 3.6% in the first quarter. Geneos Wealth Management Inc. now owns 4,379 shares of the company’s stock worth $301,000 after acquiring an additional 153 shares during the period. Hexagon Capital Partners LLC boosted its stake in TotalEnergies by 5.1% in the 2nd quarter. Hexagon Capital Partners LLC now owns 3,406 shares of the company’s stock worth $227,000 after purchasing an additional 164 shares during the period. Opal Wealth Advisors LLC grew its holdings in TotalEnergies by 17.0% during the 2nd quarter. Opal Wealth Advisors LLC now owns 1,285 shares of the company’s stock valued at $86,000 after buying an additional 187 shares in the last quarter. Delta Financial Group Inc. increased its position in shares of TotalEnergies by 3.1% during the first quarter. Delta Financial Group Inc. now owns 6,250 shares of the company’s stock valued at $430,000 after buying an additional 190 shares during the period. Finally, U.S. Capital Wealth Advisors LLC lifted its holdings in shares of TotalEnergies by 5.6% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 3,662 shares of the company’s stock worth $244,000 after buying an additional 194 shares in the last quarter. Hedge funds and other institutional investors own 13.22% of the company’s stock.
TotalEnergies Stock Down 1.4 %
Shares of NYSE TTE opened at $65.70 on Friday. The stock has a market capitalization of $155.13 billion, a P/E ratio of 7.41, a PEG ratio of 1.85 and a beta of 0.64. TotalEnergies SE has a one year low of $62.28 and a one year high of $74.97. The firm’s 50 day simple moving average is $67.80 and its two-hundred day simple moving average is $69.41. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.11 and a quick ratio of 0.87.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the stock. Wolfe Research assumed coverage on shares of TotalEnergies in a research report on Thursday, July 18th. They set an “outperform” rating and a $87.00 price target for the company. Scotiabank decreased their target price on TotalEnergies from $86.00 to $80.00 and set a “sector perform” rating on the stock in a research note on Friday, July 12th.
Get Our Latest Report on TotalEnergies
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.
Recommended Stories
- Five stocks we like better than TotalEnergies
- Canadian Penny Stocks: Can They Make You Rich?
- Rocket Lab Stock Soars: Should Investors Chase the Rally?
- What Are the U.K. Market Holidays? How to Invest and Trade
- KB Home Slips After Earnings: What’s Next for Homebuilders?
- 3 Monster Growth Stocks to Buy Now
- Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat
Want to see what other hedge funds are holding TTE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TotalEnergies SE (NYSE:TTE – Free Report).
Receive News & Ratings for TotalEnergies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TotalEnergies and related companies with MarketBeat.com's FREE daily email newsletter.