OMERS ADMINISTRATION Corp Grows Stake in TotalEnergies SE Sponsored ADR $TTE

OMERS ADMINISTRATION Corp raised its holdings in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE) by 24.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 202,319 shares of the company’s stock after purchasing an additional 39,333 shares during the period. OMERS ADMINISTRATION Corp’s holdings in TotalEnergies were worth $18,861,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. YANKCOM Partnership boosted its position 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 purchasing an additional 232 shares in the last quarter. MH & Associates Securities Management Corp ADV acquired a new position in TotalEnergies during the 4th quarter valued at about $29,000. Lodestone Wealth Management LLC acquired a new position in TotalEnergies during the 4th quarter valued at about $32,000. Elyxium Wealth LLC purchased a new stake in TotalEnergies in the fourth quarter valued at about $33,000. Finally, SHP Wealth Management purchased a new stake in TotalEnergies in the fourth quarter valued at about $37,000. Hedge funds and other institutional investors own 16.53% of the company’s stock.

TotalEnergies Stock Up 0.8%

Shares of TTE stock opened at $86.93 on Friday. TotalEnergies SE Sponsored ADR has a fifty-two week low of $57.39 and a fifty-two week high of $94.17. The firm has a market capitalization of $208.43 billion, a PE ratio of 10.88, a P/E/G ratio of 3.10 and a beta of 0.14. 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’s 50-day simple moving average is $84.01 and its 200-day simple moving average is $82.14.

TotalEnergies (NYSE:TTE) last released its earnings results on Tuesday, June 30th. The company reported $2.68 EPS for the quarter. TotalEnergies had a return on equity of 16.01% and a net margin of 8.29%.The firm had revenue of $57.10 billion during the quarter. Equities analysts expect that TotalEnergies SE Sponsored ADR will post 10.57 earnings per share for the current year.

TotalEnergies News Summary

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on TTE shares. CICC Research assumed coverage on TotalEnergies in a research note on Tuesday, June 23rd. They set an “outperform” rating on the stock. BNP Paribas Exane raised shares of TotalEnergies from a “neutral” rating to an “outperform” rating in a research report on Friday, April 17th. Wall Street Zen cut shares of TotalEnergies from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Weiss Ratings raised shares of TotalEnergies from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Finally, Morgan Stanley reissued an “overweight” rating on shares of TotalEnergies in a research report on Tuesday, May 12th. Eleven 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’s stock. According to MarketBeat, the company currently has a consensus 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.