7,246 Shares in TotalEnergies SE Sponsored ADR $TTE Purchased by Larry Mathis Financial Planning LLC

Larry Mathis Financial Planning LLC acquired a new position in TotalEnergies SE Sponsored ADR (NYSE:TTE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,246 shares of the company’s stock, valued at approximately $474,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MGO One Seven LLC increased its stake in TotalEnergies by 1.3% during the 4th quarter. MGO One Seven LLC now owns 10,410 shares of the company’s stock valued at $681,000 after buying an additional 137 shares during the period. Clear Creek Financial Management LLC lifted its stake in shares of TotalEnergies by 2.4% in the 4th quarter. Clear Creek Financial Management LLC now owns 6,334 shares of the company’s stock worth $414,000 after acquiring an additional 150 shares during the period. Bruce G. Allen Investments LLC boosted its holdings in shares of TotalEnergies by 4.4% in the fourth quarter. Bruce G. Allen Investments LLC now owns 4,091 shares of the company’s stock valued at $268,000 after acquiring an additional 172 shares in the last quarter. SkyView Investment Advisors LLC boosted its holdings in shares of TotalEnergies by 2.2% in the second quarter. SkyView Investment Advisors LLC now owns 8,054 shares of the company’s stock valued at $495,000 after acquiring an additional 175 shares in the last quarter. Finally, OLD National Bancorp IN increased its stake in shares of TotalEnergies by 2.5% during the fourth quarter. OLD National Bancorp IN now owns 7,189 shares of the company’s stock valued at $470,000 after acquiring an additional 176 shares during the period. Institutional investors own 16.53% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. TD Cowen reissued a “buy” rating on shares of TotalEnergies in a report on Monday, April 20th. Zacks Research lowered TotalEnergies from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Scotiabank lifted their price target on TotalEnergies from $73.00 to $97.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 22nd. Weiss Ratings raised TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. raised TotalEnergies from a “neutral” rating to an “overweight” rating in a research note on Monday, March 2nd. Nine investment 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. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $84.33.

TotalEnergies Stock Performance

Shares of TTE opened at $80.47 on Friday. The firm’s 50 day moving average is $89.34 and its 200-day moving average is $79.66. The stock has a market capitalization of $192.95 billion, a P/E ratio of 11.92, a P/E/G ratio of 2.73 and a beta of 0.12. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.08 and a quick ratio of 0.85. TotalEnergies SE Sponsored ADR has a 12-month low of $57.39 and a 12-month high of $94.17.

TotalEnergies (NYSE:TTE) last released its earnings results on Wednesday, April 29th. The company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.22 by $0.23. TotalEnergies had a net margin of 7.43% and a return on equity of 14.01%. The business 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 11.09 EPS for the current fiscal 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.