Fidelis Capital Partners LLC Purchases 763 Shares of TotalEnergies SE (NYSE:TTE)

Fidelis Capital Partners LLC increased its stake in TotalEnergies SE (NYSE:TTE) by 21.1% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,385 shares of the company’s stock after buying an additional 763 shares during the quarter. Fidelis Capital Partners LLC’s holdings in TotalEnergies were worth $295,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cerity Partners LLC boosted its holdings in shares of TotalEnergies by 49.9% in the 4th quarter. Cerity Partners LLC now owns 53,019 shares of the company’s stock worth $3,578,000 after buying an additional 17,658 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in shares of TotalEnergies by 219.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 12,987 shares of the company’s stock worth $854,000 after buying an additional 8,921 shares during the last quarter. Main Street Research LLC purchased a new position in shares of TotalEnergies in the 3rd quarter worth about $10,979,000. Mariner LLC boosted its holdings in shares of TotalEnergies by 9.6% in the 3rd quarter. Mariner LLC now owns 95,857 shares of the company’s stock worth $6,304,000 after buying an additional 8,400 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its holdings in TotalEnergies by 12.3% during the fourth quarter. Sequoia Financial Advisors LLC now owns 16,385 shares of the company’s stock valued at $1,104,000 after purchasing an additional 1,792 shares during the last quarter. 13.22% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Se Totalenergies acquired 196,964 shares of the firm’s stock in a transaction that occurred on Thursday, March 28th. The shares were bought at an average cost of $22.86 per share, for a total transaction of $4,502,597.04. Following the completion of the transaction, the director now owns 295,235 shares in the company, valued at $6,749,072.10. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

TotalEnergies Trading Up 1.7 %

Shares of TotalEnergies stock opened at $72.05 on Friday. TotalEnergies SE has a 12-month low of $54.94 and a 12-month high of $74.06. The company has a market cap of $169.44 billion, a price-to-earnings ratio of 8.31, a PEG ratio of 1.70 and a beta of 0.72. The company has a current ratio of 1.12, a quick ratio of 0.90 and a debt-to-equity ratio of 0.34. The company’s 50-day moving average price is $67.87 and its 200-day moving average price is $66.83.

TotalEnergies (NYSE:TTE) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $2.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.43 by ($0.27). TotalEnergies had a return on equity of 19.61% and a net margin of 9.19%. The firm had revenue of $54.77 billion during the quarter, compared to analysts’ expectations of $55.14 billion. During the same period in the previous year, the company posted $2.97 earnings per share. On average, equities analysts expect that TotalEnergies SE will post 9.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Piper Sandler upped their price objective on shares of TotalEnergies from $75.00 to $79.00 and gave the company a “neutral” rating in a report on Thursday. Scotiabank upped their price objective on shares of TotalEnergies from $74.00 to $86.00 and gave the company a “sector perform” rating in a report on Thursday, April 11th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $70.75.

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.