Epoch Investment Partners Inc. Purchases 43,387 Shares of TotalEnergies SE Sponsored ADR $TTE

Epoch Investment Partners Inc. increased its position in TotalEnergies SE Sponsored ADR (NYSE:TTE) by 17.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 294,368 shares of the company’s stock after purchasing an additional 43,387 shares during the quarter. Epoch Investment Partners Inc.’s holdings in TotalEnergies were worth $19,258,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TTE. YANKCOM Partnership lifted its position in TotalEnergies by 146.8% in the fourth quarter. YANKCOM Partnership now owns 390 shares of the company’s stock worth $25,000 after purchasing an additional 232 shares during the period. MH & Associates Securities Management Corp ADV bought a new position in shares of TotalEnergies during the fourth quarter valued at $29,000. Lodestone Wealth Management LLC bought a new position in shares of TotalEnergies during the fourth quarter valued at $32,000. Elyxium Wealth LLC bought a new position in shares of TotalEnergies during the fourth quarter valued at $33,000. Finally, Colonial Trust Advisors lifted its holdings in shares of TotalEnergies by 212.6% during the third 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 institutional investors.

TotalEnergies Stock Performance

TotalEnergies stock opened at $88.08 on Monday. The stock has a 50-day simple moving average of $90.26 and a 200 day simple moving average of $79.17. 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 SE Sponsored ADR has a 12-month low of $57.39 and a 12-month high of $94.17. The stock has a market capitalization of $211.19 billion, a price-to-earnings ratio of 13.05, a P/E/G ratio of 2.99 and a beta of 0.12.

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

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. TD Cowen reissued a “buy” rating on shares of TotalEnergies in a report on Monday, April 20th. JPMorgan Chase & Co. raised TotalEnergies from a “neutral” rating to an “overweight” rating in a report on Monday, March 2nd. Kepler Capital Markets raised TotalEnergies from a “reduce” rating to a “hold” rating in a report on Thursday, April 23rd. BNP Paribas Exane raised TotalEnergies from a “neutral” rating to an “outperform” rating in a report on Friday, April 17th. Finally, Wall Street Zen cut TotalEnergies from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Ten equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, TotalEnergies presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.33.

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.