TotalEnergies SE Sponsored ADR $TTE Stock Holdings Increased by DJE Kapital AG

DJE Kapital AG grew its position in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE) by 91.1% in the first quarter, Holdings Channel reports. The fund owned 3,052,518 shares of the company’s stock after buying an additional 1,455,230 shares during the quarter. TotalEnergies makes up about 6.3% of DJE Kapital AG’s portfolio, making the stock its biggest position. DJE Kapital AG’s holdings in TotalEnergies were worth $282,461,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. YANKCOM Partnership increased 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 last quarter. MH & Associates Securities Management Corp ADV bought a new position in TotalEnergies during the fourth quarter valued at $29,000. Lodestone Wealth Management LLC purchased a new position in shares of TotalEnergies in the 4th quarter worth $32,000. Elyxium Wealth LLC purchased a new position in shares of TotalEnergies in the 4th quarter worth $33,000. Finally, SHP Wealth Management bought a new stake in shares of TotalEnergies in the 4th quarter worth about $37,000. 16.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Wall Street Zen cut shares of TotalEnergies from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Zacks Research lowered TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Weiss Ratings raised TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. BNP Paribas Exane upgraded TotalEnergies from a “neutral” rating to an “outperform” rating in a research report on Friday, April 17th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of TotalEnergies in a research note on Tuesday, May 12th. Eleven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $87.00.

TotalEnergies Price Performance

TTE stock opened at $81.04 on Tuesday. TotalEnergies SE Sponsored ADR has a 12 month low of $57.39 and a 12 month high of $94.17. The company has a current ratio of 1.08, a quick ratio of 0.85 and a debt-to-equity ratio of 0.41. The company has a 50-day moving average price of $84.51 and a 200 day moving average price of $81.70. The stock has a market cap of $194.31 billion, a PE ratio of 12.01, a P/E/G ratio of 2.90 and a beta of 0.14.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.22 by $0.23. TotalEnergies had a net margin of 7.43% and a return on equity of 14.01%. The company had revenue of $49.52 billion for the quarter, compared to the consensus estimate of $44.58 billion. Equities research analysts anticipate that TotalEnergies SE Sponsored ADR will post 10.56 earnings per share for the current year.

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.