Shares of TotalEnergies SE (NYSE:TTE - Get Free Report) have earned an average rating of "Moderate Buy" from the nine brokerages that are covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $78.75.
TTE has been the topic of a number of recent research reports. UBS Group raised TotalEnergies to a "strong-buy" rating in a research note on Wednesday, October 9th. The Goldman Sachs Group raised TotalEnergies to a "hold" rating in a research note on Thursday, October 3rd. TD Cowen cut TotalEnergies from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 30th. BNP Paribas cut TotalEnergies from an "outperform" rating to a "neutral" rating in a research note on Wednesday, November 27th. Finally, Barclays raised TotalEnergies to a "strong-buy" rating in a research note on Wednesday, October 2nd.
Read Our Latest Report on TotalEnergies
Institutional investors and hedge funds have recently bought and sold shares of the stock. FSA Wealth Management LLC purchased a new stake in TotalEnergies in the third quarter worth about $26,000. Larson Financial Group LLC lifted 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 last quarter. Continuum Advisory LLC lifted its holdings in shares of TotalEnergies by 70.4% during the third quarter. Continuum Advisory LLC now owns 443 shares of the company's stock valued at $27,000 after purchasing an additional 183 shares during the last quarter. Boit C F David purchased a new position in shares of TotalEnergies during the third quarter valued at approximately $32,000. Finally, Maryland Capital Advisors Inc. purchased a new position in shares of TotalEnergies during the third quarter valued at approximately $32,000. 16.53% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NYSE:TTE opened at $54.25 on Wednesday. The stock's 50-day moving average price is $61.08 and its 200-day moving average price is $65.56. TotalEnergies has a 12-month low of $53.92 and a 12-month high of $74.97. The stock has a market capitalization of $128.11 billion, a P/E ratio of 7.70, a price-to-earnings-growth ratio of 1.93 and a beta of 0.61. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.39.
The business also recently disclosed a dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Tuesday, December 31st will be issued a $0.8308 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. TotalEnergies's dividend payout ratio (DPR) is presently 34.75%.
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.
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