Envestnet Portfolio Solutions Inc. Raises Holdings in TotalEnergies SE (NYSE:TTE)

Envestnet Portfolio Solutions Inc. raised its position in shares of TotalEnergies SE (NYSE:TTEFree Report) by 0.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 112,042 shares of the company’s stock after acquiring an additional 211 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in TotalEnergies were worth $7,549,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its position in shares of TotalEnergies by 27.1% in the third quarter. Envestnet Asset Management Inc. now owns 2,765,323 shares of the company’s stock worth $181,848,000 after buying an additional 590,372 shares during the period. International Assets Investment Management LLC lifted its position in TotalEnergies by 6,549.9% during the 4th quarter. International Assets Investment Management LLC now owns 503,396 shares of the company’s stock worth $33,919,000 after acquiring an additional 495,826 shares in the last quarter. Natixis Advisors L.P. lifted its position in TotalEnergies by 29.4% during the 4th quarter. Natixis Advisors L.P. now owns 1,988,119 shares of the company’s stock worth $133,959,000 after acquiring an additional 451,597 shares in the last quarter. HighTower Advisors LLC lifted its position in TotalEnergies by 207.8% during the 3rd quarter. HighTower Advisors LLC now owns 667,732 shares of the company’s stock worth $43,934,000 after acquiring an additional 450,788 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its position in TotalEnergies by 2.0% during the 4th quarter. Fisher Asset Management LLC now owns 21,184,792 shares of the company’s stock worth $1,427,431,000 after acquiring an additional 419,487 shares in the last quarter. 13.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on TTE shares. Scotiabank boosted their price target on TotalEnergies from $74.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Piper Sandler boosted their price target on TotalEnergies from $75.00 to $79.00 and gave the stock a “neutral” rating in a research report on Thursday, April 18th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, TotalEnergies presently has an average rating of “Hold” and an average target price of $70.75.

Check Out Our Latest Stock Report on TTE

TotalEnergies Stock Up 0.4 %

Shares of TTE traded up $0.30 during trading on Monday, reaching $74.12. The company’s stock had a trading volume of 575,127 shares, compared to its average volume of 1,618,375. The company has a fifty day moving average of $70.41 and a two-hundred day moving average of $67.62. TotalEnergies SE has a twelve month low of $54.94 and a twelve month high of $74.97. The company has a market cap of $174.31 billion, a price-to-earnings ratio of 8.33, a P/E/G ratio of 1.83 and a beta of 0.70. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.31.

Insider Activity at TotalEnergies

In other news, Director Se Totalenergies purchased 196,964 shares of the company’s stock in a transaction that occurred on Thursday, March 28th. The shares were acquired at an average cost of $22.86 per share, with a total value of $4,502,597.04. Following the transaction, the director now owns 295,235 shares in the company, valued at approximately $6,749,072.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

About TotalEnergies

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for TotalEnergies (NYSE:TTE)

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