Epoch Investment Partners Inc. Sells 5,746 Shares of TotalEnergies SE (NYSE:TTE)

Epoch Investment Partners Inc. decreased its holdings in TotalEnergies SE (NYSE:TTE) by 2.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 240,849 shares of the company’s stock after selling 5,746 shares during the quarter. Epoch Investment Partners Inc.’s holdings in TotalEnergies were worth $16,578,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. LRI Investments LLC bought a new stake in shares of TotalEnergies during the first quarter worth $276,000. Guardian Capital Advisors LP raised its position in shares of TotalEnergies by 28.8% during the first quarter. Guardian Capital Advisors LP now owns 127,328 shares of the company’s stock worth $9,136,000 after acquiring an additional 28,452 shares during the last quarter. Cloverfields Capital Group LP raised its position in shares of TotalEnergies by 0.8% during the first quarter. Cloverfields Capital Group LP now owns 52,573 shares of the company’s stock worth $3,619,000 after acquiring an additional 410 shares during the last quarter. Gabelli Funds LLC raised its position in shares of TotalEnergies by 5.5% during the first quarter. Gabelli Funds LLC now owns 309,200 shares of the company’s stock worth $21,282,000 after acquiring an additional 16,200 shares during the last quarter. Finally, Toronto Dominion Bank raised its position in shares of TotalEnergies by 17.5% during the first quarter. Toronto Dominion Bank now owns 3,444 shares of the company’s stock worth $237,000 after acquiring an additional 514 shares during the last quarter. Institutional investors own 13.22% of the company’s stock.

TotalEnergies Stock Up 0.3 %

NYSE:TTE opened at $67.85 on Monday. TotalEnergies SE has a 1 year low of $57.97 and a 1 year high of $74.97. The company has a current ratio of 1.11, a quick ratio of 0.87 and a debt-to-equity ratio of 0.35. The stock has a market cap of $160.22 billion, a price-to-earnings ratio of 7.66, a PEG ratio of 1.69 and a beta of 0.64. The stock has a 50-day moving average price of $68.99 and a two-hundred day moving average price of $68.48.

TotalEnergies (NYSE:TTE) last posted its earnings results on Thursday, July 25th. The company reported $1.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.13). TotalEnergies had a net margin of 9.49% and a return on equity of 17.92%. The business had revenue of $53.74 billion during the quarter, compared to analyst estimates of $60.45 billion. During the same period in the previous year, the firm posted $1.99 earnings per share. As a group, equities analysts expect that TotalEnergies SE will post 9 earnings per share for the current year.

Analyst Ratings Changes

TTE has been the subject of a number of analyst reports. Scotiabank decreased their price objective on TotalEnergies from $86.00 to $80.00 and set a “sector perform” rating for the company in a research note on Friday, July 12th. Wolfe Research initiated coverage on TotalEnergies in a research note on Thursday, July 18th. They set an “outperform” rating and a $87.00 price objective for the company. Finally, Piper Sandler lifted their price objective on TotalEnergies from $75.00 to $79.00 and gave the stock a “neutral” rating in a research note on Thursday, April 18th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, TotalEnergies currently has a consensus rating of “Hold” and a consensus price target of $76.00.

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.