World Investment Advisors LLC Has $295,000 Stock Holdings in TotalEnergies SE (NYSE:TTE)

World Investment Advisors LLC increased its holdings in shares of TotalEnergies SE (NYSE:TTE) by 51.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,558 shares of the company’s stock after purchasing an additional 1,552 shares during the quarter. World Investment Advisors LLC’s holdings in TotalEnergies were worth $295,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Nisa Investment Advisors LLC acquired a new stake in shares of TotalEnergies during the second quarter worth $74,000. &PARTNERS raised its stake in shares of TotalEnergies by 320.1% in the 2nd quarter. &PARTNERS now owns 21,706 shares of the company’s stock valued at $1,447,000 after purchasing an additional 16,539 shares during the period. Grove Bank & Trust lifted its holdings in shares of TotalEnergies by 22.9% in the second quarter. Grove Bank & Trust now owns 3,780 shares of the company’s stock valued at $252,000 after purchasing an additional 704 shares in the last quarter. Planned Solutions Inc. acquired a new position in shares of TotalEnergies during the second quarter worth about $217,000. Finally, LRI Investments LLC grew its holdings in shares of TotalEnergies by 7,209.1% during the second quarter. LRI Investments LLC now owns 4,020 shares of the company’s stock worth $268,000 after buying an additional 3,965 shares in the last quarter. 16.53% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on TTE. BNP Paribas cut TotalEnergies from an “outperform” rating to a “neutral” rating in a research note on Wednesday, November 27th. The Goldman Sachs Group raised shares of TotalEnergies to a “hold” rating in a research report on Thursday, October 3rd. Scotiabank decreased their target price on shares of TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating for the company in a research report on Thursday, October 10th. UBS Group raised shares of TotalEnergies to a “strong-buy” rating in a research report on Wednesday, October 9th. Finally, TD Cowen cut TotalEnergies from a “strong-buy” rating to a “hold” rating in a report on Monday, September 30th. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.75.

TotalEnergies Stock Performance

Shares of TTE opened at $53.68 on Thursday. The company has a market cap of $126.76 billion, a PE ratio of 7.61, a price-to-earnings-growth ratio of 1.93 and a beta of 0.61. The firm has a 50-day moving average of $60.80 and a 200-day moving average of $65.48. TotalEnergies SE has a one year low of $53.56 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 firm also recently declared a dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.8308 per share. The ex-dividend date is Tuesday, December 31st. TotalEnergies’s dividend payout ratio (DPR) is presently 34.75%.

TotalEnergies Company 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.