Cahill Financial Advisors Inc. Sells 249 Shares of TotalEnergies SE (NYSE:TTE)

Cahill Financial Advisors Inc. cut its holdings in TotalEnergies SE (NYSE:TTE) by 4.5% during the third quarter, Holdings Channel.com reports. The firm owned 5,309 shares of the company’s stock after selling 249 shares during the quarter. Cahill Financial Advisors Inc.’s holdings in TotalEnergies were worth $343,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in TTE. Mather Group LLC. lifted its holdings in TotalEnergies by 12.4% during the 3rd quarter. Mather Group LLC. now owns 1,312 shares of the company’s stock worth $85,000 after purchasing an additional 145 shares during the last quarter. Hexagon Capital Partners LLC raised its position in TotalEnergies by 5.1% during the 2nd quarter. Hexagon Capital Partners LLC now owns 3,406 shares of the company’s stock worth $227,000 after purchasing an additional 164 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in shares of TotalEnergies by 0.6% in the 3rd quarter. Venturi Wealth Management LLC now owns 27,751 shares of the company’s stock valued at $1,793,000 after purchasing an additional 165 shares during the period. Lake Street Advisors Group LLC raised its stake in shares of TotalEnergies by 2.2% in the third quarter. Lake Street Advisors Group LLC now owns 8,595 shares of the company’s stock worth $563,000 after purchasing an additional 181 shares during the last quarter. Finally, Opal Wealth Advisors LLC grew its stake in shares of TotalEnergies by 17.0% in the 2nd quarter. Opal Wealth Advisors LLC now owns 1,285 shares of the company’s stock worth $86,000 after acquiring an additional 187 shares in the last quarter. Institutional investors own 13.22% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. UBS Group upgraded shares of TotalEnergies to a “strong-buy” rating in a research note on Wednesday, October 9th. TD Cowen lowered TotalEnergies from a “strong-buy” rating to a “hold” rating in a report on Monday, September 30th. Scotiabank lowered their price objective on shares of TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating for the company in a report on Thursday, October 10th. Barclays upgraded TotalEnergies to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, The Goldman Sachs Group upgraded TotalEnergies to a “hold” rating in a research note on Thursday, October 3rd. Five analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $78.75.

TotalEnergies Stock Performance

Shares of NYSE:TTE opened at $59.66 on Monday. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.39. TotalEnergies SE has a 12 month low of $58.46 and a 12 month high of $74.97. The company has a market capitalization of $140.88 billion, a price-to-earnings ratio of 8.46, a PEG ratio of 1.93 and a beta of 0.64. The firm’s 50-day moving average is $64.82 and its 200 day moving average is $67.43.

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.