"Stolper Co Reduces Stake in TotalEnergies SE": Stolper Co recently lowered its stake in TotalEnergies SE by 0.9% during the 1st quarter, according to the latest SEC filing. The fund now holds 27,885 shares of the company valued at $1,919,000 after selling 241 shares.
"Other Hedge Funds Modify Holdings": Several hedge funds have made changes to their TotalEnergies holdings. PDS Planning Inc raised its position by 2.3%, Kestra Private Wealth Services LLC increased its stake by 1.0%, Juncture Wealth Strategies LLC saw a 2.1% increase, Rosenberg Matthew Hamilton's stake grew by 5.3%, and Parkside Financial Bank & Trust upped its stake by 38.7%.
"Insider Activity Surge": Director Se Totalenergies purchased 196,964 shares of TotalEnergies stock, amounting to a total value of $4,502,597.04 in a recent transaction. The director now owns 295,235 shares valued at approximately $6,749,072.10.
"Analyst Ratings Update": Piper Sandler raised TotalEnergies' price target to $79.00, while Scotiabank lifted it to $86.00, both maintaining a neutral outlook. MarketBeat.com data shows a consensus rating of "Hold" with a price target of $70.75.
"TotalEnergies Stock Performance": TTE stock traded at $66.60 on Thursday, down $0.06. The company has a market capitalization of $156.62 billion, a PE ratio of 7.52, and a beta of 0.67.
"Earnings Report & Outlook": TotalEnergies reported $2.14 EPS for the quarter, surpassing the estimate by $0.18. The company had a net margin of 9.52% and a return on equity of 18.30%. Analysts predict a 9.08 EPS for the current fiscal year.
"About TotalEnergies": TotalEnergies SE is a multi-energy company that operates globally, focusing on oil, biofuels, natural gas, renewables, and electricity. The company operates in five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services.
"Stay Updated with TotalEnergies News": Sign up to receive daily news and ratings for TotalEnergies by subscribing to MarketBeat.com's FREE email newsletter.