ABN Amro Investment Solutions Takes $2.13 Million Position in TotalEnergies SE Sponsored ADR $TTE

ABN Amro Investment Solutions purchased a new position in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE) in the first quarter, HoldingsChannel reports. The institutional investor purchased 23,400 shares of the company’s stock, valued at approximately $2,129,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TTE. YANKCOM Partnership raised its holdings in shares of TotalEnergies by 146.8% in the 4th quarter. YANKCOM Partnership now owns 390 shares of the company’s stock worth $25,000 after buying an additional 232 shares in the last quarter. Maseco LLP grew its position in TotalEnergies by 119.9% in the first quarter. Maseco LLP now owns 420 shares of the company’s stock valued at $38,000 after acquiring an additional 229 shares during the period. Cassaday & Co Wealth Management LLC acquired a new position in TotalEnergies during the first quarter worth $39,000. MH & Associates Securities Management Corp ADV bought a new stake in TotalEnergies during the fourth quarter worth about $29,000. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of TotalEnergies in the fourth quarter valued at $32,000. 16.53% of the stock is owned by institutional investors.

TotalEnergies Trading Up 0.8%

Shares of TotalEnergies stock opened at $86.93 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.85 and a current ratio of 1.08. The stock has a market capitalization of $208.43 billion, a P/E ratio of 10.88, a P/E/G ratio of 3.08 and a beta of 0.14. TotalEnergies SE Sponsored ADR has a 52-week low of $57.39 and a 52-week high of $94.17. The stock’s 50-day simple moving average is $84.01 and its 200 day simple moving average is $82.14.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings data on Tuesday, June 30th. The company reported $2.68 EPS for the quarter. TotalEnergies had a net margin of 8.29% and a return on equity of 16.01%. The company had revenue of $57.10 billion during the quarter. As a group, research analysts anticipate that TotalEnergies SE Sponsored ADR will post 10.54 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on TTE. Scotiabank lifted their price objective on TotalEnergies from $73.00 to $97.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 22nd. BNP Paribas Exane raised TotalEnergies from a “neutral” rating to an “outperform” rating in a research note on Friday, April 17th. Wall Street Zen downgraded TotalEnergies from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Morgan Stanley reissued an “overweight” rating on shares of TotalEnergies in a research report on Tuesday, May 12th. Finally, Kepler Capital Markets upgraded shares of TotalEnergies from a “reduce” rating to a “hold” rating in a research report on Thursday, April 23rd. Eleven research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $87.14.

Key TotalEnergies News

Here are the key news stories impacting TotalEnergies this week:

• Positive Sentiment: TotalEnergies reported second-quarter results that highlighted a 67%-68% jump in profit, driven by higher oil prices and strong refining/trading margins. The company also posted solid cash flow and reduced net debt, reinforcing balance-sheet strength. Reuters: TotalEnergies Q2 profit up 67% on higher oil price, strong refining margins
• Positive Sentiment: The board approved a second interim dividend of €0.90 per share, a 5.9% increase from last year, which should appeal to income-focused investors. Business Wire: Second interim dividend
• Positive Sentiment: Management said the company earned about $400 million annually from Russian LNG cargo sales, adding to near-term cash generation. Reuters: Russian LNG sales
• Positive Sentiment: TD Cowen raised its price target to $105 and kept a Buy rating, signaling further upside potential after the results. The Fly: TD Cowen price target increase
• Neutral Sentiment: One post-earnings note said Q2 earnings and sales missed estimates because lower production offset stronger cash flow and refining gains, so the market is balancing a mixed headline against better underlying profitability. Zacks: Q2 earnings and sales miss estimates
• Neutral Sentiment: Management also said it will exit its stake in the Arctic LNG 2 project in Russia, a strategic move that reduces exposure but may limit some future upside from that asset. Reuters: Exit Arctic LNG 2
• Negative Sentiment: Piper Sandler reiterated a Neutral rating with an $85 target, suggesting limited upside from current levels compared with more bullish analyst views. Benzinga: Piper Sandler rating

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.