GYL Financial Synergies LLC Has $1.45 Million Stock Position in TotalEnergies SE (NYSE:TTE)

GYL Financial Synergies LLC lowered its stake in TotalEnergies SE (NYSE:TTE) by 4.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 21,697 shares of the company’s stock after selling 1,070 shares during the quarter. GYL Financial Synergies LLC’s holdings in TotalEnergies were worth $1,447,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. North Star Investment Management Corp. lifted its stake in TotalEnergies by 310.0% in the 1st quarter. North Star Investment Management Corp. now owns 410 shares of the company’s stock valued at $28,000 after acquiring an additional 310 shares in the last quarter. Evolution Advisers Inc. bought a new position in TotalEnergies in the fourth quarter valued at $29,000. Pathway Financial Advisers LLC acquired a new stake in TotalEnergies in the 1st quarter valued at $29,000. Frazier Financial Advisors LLC bought a new stake in TotalEnergies during the 4th quarter worth about $30,000. Finally, Tower Research Capital LLC TRC bought a new position in shares of TotalEnergies in the 4th quarter valued at about $31,000. Institutional investors own 13.22% of the company’s stock.

TotalEnergies Price Performance

Shares of NYSE TTE opened at $68.95 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.11 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average price is $67.77 and its two-hundred day moving average price is $68.78. The company has a market cap of $162.82 billion, a PE ratio of 7.78, a price-to-earnings-growth ratio of 1.76 and a beta of 0.64. TotalEnergies SE has a twelve month low of $61.56 and a twelve month high of $74.97.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings results on Thursday, July 25th. The company reported $1.98 earnings per share 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 the consensus estimate of $60.45 billion. During the same quarter last year, the company posted $1.99 EPS. On average, analysts predict that TotalEnergies SE will post 8.84 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Scotiabank dropped their target price on TotalEnergies from $86.00 to $80.00 and set a “sector perform” rating on the stock in a report on Friday, July 12th. Wolfe Research initiated coverage on TotalEnergies in a report on Thursday, July 18th. They issued an “outperform” rating and a $87.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $82.00.

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.