Hollow Brook Wealth Management LLC Buys 1,921 Shares of TotalEnergies SE (NYSE:TTE)

Hollow Brook Wealth Management LLC grew its position in TotalEnergies SE (NYSE:TTE) by 4.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,973 shares of the company’s stock after acquiring an additional 1,921 shares during the quarter. Hollow Brook Wealth Management LLC’s holdings in TotalEnergies were worth $3,142,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Mather Group LLC. boosted its stake in shares of TotalEnergies by 12.4% in the 3rd quarter. Mather Group LLC. now owns 1,312 shares of the company’s stock valued at $85,000 after purchasing an additional 145 shares in the last quarter. Hexagon Capital Partners LLC grew its stake in TotalEnergies by 5.1% during the second quarter. Hexagon Capital Partners LLC now owns 3,406 shares of the company’s stock worth $227,000 after buying an additional 164 shares during the last quarter. Venturi Wealth Management LLC increased its holdings in shares of TotalEnergies by 0.6% during the third quarter. Venturi Wealth Management LLC now owns 27,751 shares of the company’s stock worth $1,793,000 after buying an additional 165 shares in the last quarter. Tradition Wealth Management LLC raised its stake in shares of TotalEnergies by 2.5% in the third quarter. Tradition Wealth Management LLC now owns 7,124 shares of the company’s stock valued at $460,000 after acquiring an additional 171 shares during the last quarter. Finally, Lake Street Advisors Group LLC boosted its holdings in shares of TotalEnergies by 2.2% in the 3rd quarter. Lake Street Advisors Group LLC now owns 8,595 shares of the company’s stock worth $563,000 after acquiring an additional 181 shares in the last quarter. Institutional investors and hedge funds own 13.22% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on TTE shares. Barclays upgraded TotalEnergies to a “strong-buy” rating in a research report on Wednesday, October 2nd. UBS Group raised shares of TotalEnergies to a “strong-buy” rating in a research note on Wednesday, October 9th. The Goldman Sachs Group upgraded shares of TotalEnergies to a “hold” rating in a research note on Thursday, October 3rd. BNP Paribas downgraded TotalEnergies from an “outperform” rating to a “neutral” rating in a research note on Wednesday, November 27th. Finally, TD Cowen cut TotalEnergies from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 30th. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, TotalEnergies presently has an average rating of “Moderate Buy” and an average target price of $78.75.

TotalEnergies Trading Down 0.8 %

TTE stock opened at $57.52 on Monday. The stock has a market cap of $135.83 billion, a price-to-earnings ratio of 8.23, a price-to-earnings-growth ratio of 1.88 and a beta of 0.64. The company has a fifty day moving average price of $63.73 and a two-hundred day moving average price of $66.91. TotalEnergies SE has a one year low of $56.69 and a one year high of $74.97. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.10 and a quick ratio of 0.88.

TotalEnergies Cuts Dividend

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

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.