180 Wealth Advisors LLC Has $377,000 Position in TotalEnergies SE (NYSE:TTE)

180 Wealth Advisors LLC grew its position in TotalEnergies SE (NYSE:TTE) by 5.0% during the first quarter, HoldingsChannel reports. The firm owned 5,478 shares of the company’s stock after buying an additional 262 shares during the quarter. 180 Wealth Advisors LLC’s holdings in TotalEnergies were worth $377,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Key Financial Inc lifted its position in shares of TotalEnergies by 139.0% during the 4th quarter. Key Financial Inc now owns 380 shares of the company’s stock worth $26,000 after purchasing an additional 221 shares during the last quarter. Evolution Advisers Inc. acquired a new position in TotalEnergies during the 4th quarter valued at $29,000. Frazier Financial Advisors LLC bought a new stake in TotalEnergies in the 4th quarter valued at $30,000. Tower Research Capital LLC TRC bought a new position in shares of TotalEnergies during the 4th quarter worth about $31,000. Finally, Creekmur Asset Management LLC acquired a new position in shares of TotalEnergies during the fourth quarter valued at about $31,000. 13.22% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TTE has been the topic of several recent research reports. Scotiabank lifted their price objective on TotalEnergies from $74.00 to $86.00 and gave the stock a “sector perform” rating in a report on Thursday, April 11th. Piper Sandler lifted their target price on shares of TotalEnergies from $75.00 to $79.00 and gave the company a “neutral” rating in a research report on Thursday, April 18th. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, TotalEnergies presently has a consensus rating of “Hold” and an average target price of $70.75.

TotalEnergies Price Performance

NYSE:TTE traded up $0.47 on Friday, reaching $67.06. The stock had a trading volume of 710,638 shares, compared to its average volume of 1,550,324. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $157.71 billion, a P/E ratio of 7.51, a price-to-earnings-growth ratio of 1.65 and a beta of 0.67. TotalEnergies SE has a 1-year low of $54.94 and a 1-year high of $74.97. The stock has a fifty day moving average price of $70.80 and a 200-day moving average price of $68.29.

TotalEnergies (NYSE:TTE) last announced its earnings results on Friday, April 26th. The company reported $2.14 EPS for the quarter, topping the consensus estimate of $1.96 by $0.18. The business had revenue of $56.28 billion for the quarter, compared to the consensus estimate of $59.64 billion. TotalEnergies had a return on equity of 18.30% and a net margin of 9.52%. Research analysts forecast that TotalEnergies SE will post 9.16 EPS for the current year.

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.