TotalEnergies SE (NYSE:TTE) Stock Holdings Boosted by CWA Asset Management Group LLC

CWA Asset Management Group LLC boosted its position in TotalEnergies SE (NYSE:TTE) by 85.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,571 shares of the company’s stock after purchasing an additional 10,835 shares during the quarter. CWA Asset Management Group LLC’s holdings in TotalEnergies were worth $1,285,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. FSA Wealth Management LLC acquired a new position in shares of TotalEnergies during the third quarter worth approximately $26,000. Continuum Advisory LLC grew its stake in shares of TotalEnergies by 70.4% in the third quarter. Continuum Advisory LLC now owns 443 shares of the company’s stock worth $27,000 after purchasing an additional 183 shares in the last quarter. Larson Financial Group LLC increased its holdings in shares of TotalEnergies by 100.5% during the second quarter. Larson Financial Group LLC now owns 423 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares during the period. Boit C F David bought a new stake in shares of TotalEnergies during the third quarter valued at about $32,000. Finally, Maryland Capital Advisors Inc. acquired a new stake in TotalEnergies in the third quarter worth about $32,000. 16.53% of the stock is owned by institutional investors and hedge funds.

TotalEnergies Price Performance

NYSE TTE opened at $57.07 on Wednesday. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.39. TotalEnergies SE has a 1 year low of $53.29 and a 1 year high of $74.97. The company has a market cap of $134.77 billion, a PE ratio of 8.10, a PEG ratio of 1.93 and a beta of 0.61. The stock’s 50-day moving average price is $57.81 and its two-hundred day moving average price is $64.12.

TotalEnergies Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, January 21st. Investors of record on Tuesday, December 31st will be paid a $0.8308 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. TotalEnergies’s dividend payout ratio is 34.75%.

Analyst Ratings Changes

A number of analysts have commented on the stock. Royal Bank of Canada upgraded shares of TotalEnergies from a “sector perform” rating to an “outperform” rating in a research report on Thursday, December 5th. Piper Sandler decreased their price target on TotalEnergies from $77.00 to $62.00 and set a “neutral” rating for the company in a research note on Thursday, December 19th. TD Cowen lowered TotalEnergies from a “strong-buy” rating to a “hold” rating in a report on Monday, September 30th. Scotiabank lowered their target price on TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating on the stock in a report on Thursday, October 10th. Finally, BNP Paribas cut shares of TotalEnergies from an “outperform” rating to a “neutral” rating in a research report on Wednesday, November 27th. Six research analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, TotalEnergies presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.42.

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.