TotalEnergies SE Sponsored ADR $TTE Shares Bought by Capital International Investors

Capital International Investors grew its stake in TotalEnergies SE Sponsored ADR (NYSE:TTE) by 1,438.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 52,668,676 shares of the company’s stock after acquiring an additional 49,245,192 shares during the period. Capital International Investors owned about 2.20% of TotalEnergies worth $3,435,988,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in TTE. YANKCOM Partnership raised its stake in shares of TotalEnergies by 146.8% in the 4th quarter. YANKCOM Partnership now owns 390 shares of the company’s stock valued at $25,000 after acquiring an additional 232 shares during the period. MH & Associates Securities Management Corp ADV purchased a new stake in shares of TotalEnergies in the 4th quarter valued at approximately $29,000. Lodestone Wealth Management LLC purchased a new stake in shares of TotalEnergies in the 4th quarter valued at approximately $32,000. Elyxium Wealth LLC purchased a new stake in shares of TotalEnergies in the 4th quarter valued at approximately $33,000. Finally, Colonial Trust Advisors raised its stake in shares of TotalEnergies by 212.6% in the 3rd quarter. Colonial Trust Advisors now owns 619 shares of the company’s stock valued at $37,000 after acquiring an additional 421 shares during the period. 16.53% of the stock is owned by hedge funds and other institutional investors.

TotalEnergies Price Performance

TTE stock opened at $88.53 on Friday. The business has a 50 day moving average price of $90.47 and a 200 day moving average price of $78.23. The stock has a market cap of $212.27 billion, a price-to-earnings ratio of 13.12, a PEG ratio of 3.15 and a beta of 0.12. TotalEnergies SE Sponsored ADR has a fifty-two week low of $57.39 and a fifty-two week high of $94.17. The company has a quick ratio of 0.85, a current ratio of 1.08 and a debt-to-equity ratio of 0.41.

TotalEnergies (NYSE:TTE) last posted its earnings results on Wednesday, April 29th. The company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.22 by $0.23. The firm had revenue of $49.52 billion for the quarter, compared to the consensus estimate of $44.58 billion. TotalEnergies had a net margin of 7.43% and a return on equity of 14.01%. Equities research analysts anticipate that TotalEnergies SE Sponsored ADR will post 11.09 earnings per share for the current fiscal year.

Analyst Ratings Changes

TTE has been the topic of a number of research analyst reports. Citigroup reissued a “buy” rating on shares of TotalEnergies in a research note on Thursday, February 12th. Wall Street Zen downgraded shares of TotalEnergies from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Piper Sandler upped their target price on shares of TotalEnergies from $74.00 to $92.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. TD Cowen reaffirmed a “buy” rating on shares of TotalEnergies in a research note on Monday, April 20th. Finally, Zacks Research downgraded shares of TotalEnergies from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Ten research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, TotalEnergies has an average rating of “Moderate Buy” and an average target price of $84.33.

TotalEnergies Profile

TotalEnergies SE (NYSE: TTE) is a French multinational integrated energy company engaged across the full energy value chain. Founded in 1924 as Compagnie Française des Pétroles, the company grew through a series of mergers and expansions—most notably with Petrofina and Elf Aquitaine around the turn of the millennium—and rebranded to TotalEnergies in 2021 to reflect a broader focus on multiple energy sources. It is organized to operate across upstream and downstream activities while pursuing a transition toward lower-carbon energy solutions.

In upstream, TotalEnergies explores for and produces crude oil and natural gas globally.