TotalEnergies SE Sponsored ADR $TTE Shares Bought by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lifted its holdings in TotalEnergies SE Sponsored ADR (NYSE:TTE) by 7.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 195,014 shares of the company’s stock after acquiring an additional 12,877 shares during the period. O Shaughnessy Asset Management LLC’s holdings in TotalEnergies were worth $12,752,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in TTE. Aberdeen Group plc grew its holdings in TotalEnergies by 14.5% during the 4th quarter. Aberdeen Group plc now owns 384,040 shares of the company’s stock valued at $25,124,000 after purchasing an additional 48,640 shares in the last quarter. ABN AMRO Bank N.V. acquired a new position in TotalEnergies during the 4th quarter worth $122,831,000. Assetmark Inc. grew its holdings in TotalEnergies by 8.1% during the 4th quarter. Assetmark Inc. now owns 246,475 shares of the company’s stock worth $16,124,000 after acquiring an additional 18,480 shares in the last quarter. Vanguard Group Inc. acquired a new position in TotalEnergies during the 4th quarter worth $5,337,330,000. Finally, Mitsubishi UFJ Trust & Banking Corp acquired a new position in TotalEnergies during the 4th quarter worth $830,000. Institutional investors and hedge funds own 16.53% of the company’s stock.

TotalEnergies Trading Down 0.2%

TotalEnergies stock opened at $88.42 on Wednesday. The firm’s 50-day moving average is $90.41 and its 200-day moving average is $78.67. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.85 and a current ratio of 1.08. TotalEnergies SE Sponsored ADR has a 1 year low of $57.39 and a 1 year high of $94.17. The company has a market cap of $212.00 billion, a P/E ratio of 13.10, a PEG ratio of 3.00 and a beta of 0.12.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $2.45 earnings per share (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 company had revenue of $49.52 billion for the quarter, compared to the consensus estimate of $44.58 billion. On average, equities analysts expect that TotalEnergies SE Sponsored ADR will post 11.09 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on TTE shares. Kepler Capital Markets raised shares of TotalEnergies from a “reduce” rating to a “hold” rating in a report on Thursday, April 23rd. Morgan Stanley reissued an “overweight” rating on shares of TotalEnergies in a report on Tuesday, May 12th. Scotiabank raised their price objective 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. Zacks Research lowered shares of TotalEnergies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Finally, JPMorgan Chase & Co. raised shares of TotalEnergies from a “neutral” rating to an “overweight” rating in a report on Monday, March 2nd. Ten research 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.