Cetera Investment Advisers Acquires 34,211 Shares of TotalEnergies SE Sponsored ADR $TTE

Cetera Investment Advisers boosted its stake in TotalEnergies SE Sponsored ADR (NYSE:TTE) by 11.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 342,564 shares of the company’s stock after purchasing an additional 34,211 shares during the quarter. Cetera Investment Advisers’ holdings in TotalEnergies were worth $31,662,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. YANKCOM Partnership increased its stake in TotalEnergies by 146.8% during the 4th quarter. YANKCOM Partnership now owns 390 shares of the company’s stock valued at $25,000 after purchasing an additional 232 shares in the last quarter. Maseco LLP boosted its stake in shares of TotalEnergies by 119.9% in the 1st quarter. Maseco LLP now owns 420 shares of the company’s stock worth $38,000 after buying an additional 229 shares during the last quarter. Cassaday & Co Wealth Management LLC bought a new position in TotalEnergies in the 1st quarter valued at $39,000. MH & Associates Securities Management Corp ADV bought a new position in TotalEnergies during the fourth quarter valued at about $29,000. Finally, Lodestone Wealth Management LLC purchased a new stake in TotalEnergies during the fourth quarter worth about $32,000. Institutional investors own 16.53% of the company’s stock.

Trending Headlines about TotalEnergies

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 Price Performance

NYSE TTE opened at $86.93 on Monday. The company has a market cap of $208.43 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 3.09 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 company has a quick ratio of 0.85, a current ratio of 1.06 and a debt-to-equity ratio of 0.38. The firm’s 50-day simple moving average is $84.01 and its two-hundred day simple moving average is $82.25.

TotalEnergies (NYSE:TTE) last posted its earnings results on Tuesday, June 30th. The company reported $2.68 earnings per share for the quarter. The firm had revenue of $57.10 billion during the quarter. TotalEnergies had a net margin of 8.29% and a return on equity of 15.66%. Research analysts predict that TotalEnergies SE Sponsored ADR will post 10.57 earnings per share for the current year.

Wall Street Analyst Weigh In

TTE has been the topic of a number of research analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of TotalEnergies in a research note on Tuesday, May 12th. Scotiabank lifted their price target on shares of TotalEnergies from $73.00 to $97.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 22nd. Mizuho assumed coverage on TotalEnergies in a research note on Monday, July 20th. They issued an “outperform” rating and a $103.00 price objective on the stock. Zacks Research lowered TotalEnergies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Finally, TD Cowen increased their price objective on TotalEnergies from $102.00 to $105.00 and gave the company a “buy” rating in a report on Friday. Eleven 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. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $87.14.

About TotalEnergies

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.