TotalEnergies SE Sponsored ADR $TTE Stock Position Raised by Evelyn Partners Investment Management LLP

Evelyn Partners Investment Management LLP grew its position in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE) by 2.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 350,023 shares of the company’s stock after buying an additional 9,146 shares during the quarter. TotalEnergies makes up about 0.9% of Evelyn Partners Investment Management LLP’s investment portfolio, making the stock its 29th largest holding. Evelyn Partners Investment Management LLP’s holdings in TotalEnergies were worth $32,719,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. YANKCOM Partnership grew 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 acquiring an additional 232 shares in the last quarter. Maseco LLP increased its stake in shares of TotalEnergies by 119.9% during the 1st quarter. Maseco LLP now owns 420 shares of the company’s stock worth $38,000 after purchasing an additional 229 shares during the last quarter. Cassaday & Co Wealth Management LLC bought a new position in shares of TotalEnergies during the 1st quarter valued at $39,000. MH & Associates Securities Management Corp ADV bought a new position in shares of TotalEnergies during the 4th quarter valued at $29,000. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of TotalEnergies in the 4th quarter valued at $32,000. Institutional investors own 16.53% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. CICC Research began coverage on shares of TotalEnergies in a report on Tuesday, June 23rd. They issued an “outperform” rating for the company. BNP Paribas Exane upgraded TotalEnergies from a “neutral” rating to an “outperform” rating in a report on Friday, April 17th. Zacks Research cut TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Kepler Capital Markets upgraded TotalEnergies from a “reduce” rating to a “hold” rating in a research note on Thursday, April 23rd. Finally, Mizuho assumed coverage on TotalEnergies in a report on Monday, July 20th. They set an “outperform” rating and a $103.00 price objective on the stock. Eleven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, TotalEnergies presently has an average rating of “Moderate Buy” and a consensus target price of $87.14.

TotalEnergies Stock Performance

TotalEnergies stock opened at $84.28 on Tuesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.06 and a quick ratio of 0.85. The stock has a fifty day moving average price of $83.83 and a two-hundred day moving average price of $82.39. TotalEnergies SE Sponsored ADR has a 52-week low of $57.39 and a 52-week high of $94.17. The firm has a market capitalization of $202.06 billion, a P/E ratio of 10.55, a P/E/G ratio of 3.09 and a beta of 0.14.

TotalEnergies (NYSE:TTE) last issued its earnings results on Tuesday, June 30th. The company reported $2.68 EPS for the quarter. TotalEnergies had a net margin of 8.29% and a return on equity of 15.66%. The company had revenue of $57.10 billion for the quarter. As a group, analysts anticipate that TotalEnergies SE Sponsored ADR will post 10.57 EPS for the current fiscal year.

TotalEnergies Company 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.